Most people who are planning their retirement have a company sponsored plan that is set up to work with the stock market for growth. The company is also supposed to match their contributions up to a certain percentage. However, since the fall of the stock market, many people have unfortunately lost their nest egg, part of their funds or haven't even begun their investment yet. Many also saw their company matching percentages drop. If you are one of those people mentioned above, perhaps you took out your money. Or you took a risk with day trading and haven't made out due to the fluctuations in the stock market.
Then again, maybe you're one of many unemployed who has tried several work-at-home prospects that fell through, believing that an opportunity existed in something that didn't work as the economy sunk. You can achieve better returns than 401-k.
Returns of as high as 10-12% are possible. Nothing is impossible when you utilize the right skills and invest properly. Fortunately there is a better way than stocks, bonds, bank accounts, CDs, IRA & 401-K Plans that have been invested in for centuries and will always prove its worth (despite all the doom and gloom.) Your investment backed by real estate is in the most stable market there is. Especially when you buy the older homes that can be resold easily.
Real Estate Investing is foolproof for those who invest in real estate and know how to manage property. Don't let the media fuel you with its negativity. Everyone needs a home and most people buy their first home after college when they are setting up their lives and careers. This year, President Obama is going to grant new home buyers an $8,000.00 tax credit. This means that more people are going to buy homes, especially since sale prices have plummeted.
In February, home sales across the country have risen! Private Investors are less of a risk than any other capitalist venture. Especially if you assess your home buyers ahead of time. You can choose to sell your home to those who aren't in a high risk line of work, meaning that you can determine your home buyers in the top ten fields of employment that are booming. You can research jobs that are in a particular area with websites and buy a home that is close to the locations of the job sites (hospitals, medical clinics, etc.) and those who might not want to buy just yet will want to rent or rent-to-own.
You can still discern who you want to live in the houses you are leasing if you take that route. And it can be beneficial to those who lost their homes in the housing bubble blowout. There will always be money in houses. Are you going to seek the opportunity or watch someone else do it instead?