DID YOU KNOW?
Did you Know that the S & P 500 Index delivered a whopping 3.71% return to investors over the last 10 years? That is not an annual rate of return, but rather the total return over the 10 year period.
How do you think that compares to investing in real estate? Well let me tell you… and I hope you’re sitting down! Based on the average house price in Canada, over the same 10 year period, real estate went up 232%.
In dollars and cents that means if you invested $10,000 in the index, you would have earned $371. That same $10,000 invested in real estate, would have earned you $23,200. It gets better, the real estate earnings could be tax free if you invested in a principal residence! Invest today in something you know will be there in the future. Real Estate has generated wealth for generations. The sooner you get started, the sooner you will start to enjoy the benefits and get off the investment roller coaster!
Our Real Estate and Mortgage Team can help you get started on the road to financial freedom.