For the second year in a row, Americans surveyed by Gallup pointed to real estate as the best long-term investment. A sign of mounting confidence in the housing recovery, the category beat out other long-term investment options such as stocks/mutual funds, gold, savings accounts/CDs, and bonds. The pattern is a shift from a few years ago when, with financial security still a major concern after the crash, people overwhelmingly preferred to park their money in savings accounts and CDs. Now, those instruments are favored by just 15 percent of Americans compared to 31 percent who prefer to invest in housing for long-term gains. | Read More
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