Coming out of a journalism background (a million or so years ago), one of the things that drives me nuts is when business writers don't know what they are talking about.
OR, better put, when some low-level intern or general assigment reporter is told to put together a quick, bullet-itemed list of things you can do with an investment vehicle. Like, say . . . a 401(k).
But unsuspecting readers, who are doing their due-diligence (we hope), and trusting in websites that purport to be accurate are led astray. For example, here is a site on CNN (well respected as a business news vehicle, particularly when it partners with Money magazine) talking about 401(k)'s, with a notation that investors need to make sure they have the right mix of stocks and bonds.
But nary a mention of investment real estate. Could it be that so many of these writers, bombarded daily with news about the slumping real estate market think that the only thing out there is houses? Or are they lazy?
Cash on Cash readers know that investment real estate is a perfectly legitimate vehicle to place in this investment tool. Hmmm . . . MSNBC seems to understand this.
Just one of those things that bugs me.
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