News outlets are reporting that retirement assets -- at least those invested in the stock and commodity markets -- are down some $2 trillion during the past 15 months.
And guess what, some guy will be sitting across the table from people thinking about retirement down the road and telling them . . . "buy stocks, they do great!" He will call himself an investment adviser, but in reality he will be a stockbroker. With only one investment to peddle.
Have you ever heard the term "sheeple?"
I will say it just one more time. Commercial/investment real estate makes money, it makes money reliably. And there has never been a better time to jump in. The people who are getting out are those who are trading up, or who are so over-leveraged in the stock market they need to raise cash fast. And are liquidating their real estate. In hindsight, I would be if you asked every one of them where they would rather be -- real estate or stocks -- they will say real estate every time.
Sigh . . .