May 2013
Beginner
256 pages
3h 58m
English
Content preview from The Rules of Wealth, 3rd Edition
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RULE 50
Understand that property, in the long run, will not outpace shares
So, you’ve built up a bit of money to invest – where to put it? Property and shares are two popular choices, but which to choose?
In the aftermath of the ‘dot com’ crash of 2000 when share prices started to plummet, many people in the UK turned from investing in shares to investing in property. It’s not surprising really – many people who invested heavily in shares in the late 1990s saw the value of many of those shares drop so much it really hurt – and some companies folded completely meaning investors lost all their money.
With people turning in huge numbers from shares to property, the buy-to-let market boomed and with greater demand from investor buyers, house prices ...
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