股票投资与房地产投资

ctcld

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第一：流动性。股票流动性佳。从卖出股票到拿到现金，四个交易日就够了。房地产买卖过户以月记。

第二：交易成本。股票交易成本低，很多交易商提供100个零交易费的交易指标，近乎免费交易。房地产有4-6%交易过户费。

第三：管理。股票交易需要花很多时间精力研究与操作，但无需与客户交流。房地产投资也要花很多时间精力看房买房招租，需要与房客交流。

第四：投资回报。成功的股票投资家的回报是惊人的。但成功需要很长时间的经验积累，没有5年，乃至十年以上的经验与资本积累，持续稳定获利，基本上都是菜鸟大众，赔钱或小赢的几率大。即使有很长时间的交易经验，也不一定能成为投资大家，真正的投资大家凤毛麟角。

房地产投资回报稳健，是个低技术含量活。只要算好现金流，稳健的执行就行了。而且动用了贷款杠杆，用银行的钱为自己赚钱。特别是赶上房市泡沫的难得机遇，大量收购白菜房，随着房市回暖，账面资产会迅速膨胀。且风险小：房市泡沫20年一遇，社会动荡100年一遇。

总结：股票投资虽然激动人心，但笑到最后的是房地产投资。5-10年后，总资产投资理财坛会胜出大千股坛远已。

大千股坛的童鞋发现会骂S俺了。呵呵。。

bububaba

小心蛇老大, 蛇大嫂封你ID....

源济

jasmine

foolProf

To have a good investment property, the house purchase price vs monthly rent should be 125 and lower. Take an example, 250K property should generate 2K rent a month, that translate into 24K/yr, and yearly return is 24/250 = 9.6%. You need to pay property tax 1-2%, maintance and vacancy another 1-2%, then your return is 5-6% which is in-line with stock market long term performance. If you carry mortgage, you need to minus mortgage rate from return.

The pros of real estate investment are:
(1) You beat the inflation and keep the value. In other word, if you think today's $250K house can supply a child to a decent college, 15-20 years later, a house still can supply a child to a decent college. That's on top of streaming 5-6% yearly income or return!
(2) You are able to borrow money and use leverage. Another added benefit of carrying mortgage is that you can deduce mortgage interest for the tax.
(3) Relative less time involved if only 1-4 units (a multi-family or 1-4 seperate houses). Over 4 units are commercial real estates.

Cons of real estate investment are:
(1) Knowlege of investment and market analysis.
(2) Dealing with tenants (people) or contractors.
(3) Liability.
(4) Locking you in the region.

Real estate investment is good for people having stable job so that they have money, a little spare time and can hold for long term. If you are handy, it is better. It meant to turn the time value into estate value. If you think time is not your big asset or advantage, don't do it.

Only two types of people come to the real estate market: someone rich or someone wants to become rich.

grainsw

如果用投资房地产的耐心投资股市，比如30%margin持有S&P500 20年不动摇，我相信收益肯定比房地产高。还有搞出租，还有大量人力时间的投入，这个原帖了都忽略了。