If you have money to invest, there are plenty of opportunities available. But, for millennials, the best investment opportunity? Real estate.
According to a recent survey from Redfin, the majority of millennials (59% of younger millennials under the age of 25 and 57% of older millennials between the ages 25 to 34) say that real estate is a better long-term investment than the stock market. And considering how poorly the stock market has been performing recently, it would seem they’re correct.
The Takeaway
If you’re a millennial and you want to make an investment in your future, take your cue from your peers—make that investment in real estate.