Luxury Real Estate is a Smart, Stable Investment If You Time It Right
Source: Mansion Global
By: Anne Machalinksi
When it comes to investment vehicles, experts agree that real estate is safer and less volatile than stocks, gold or currency. It also tends to be more palatable to investors, who need to have less background knowledge to make a smart buy.
That’s why Thomas Veraguth, a Zurich-based senior economist with UBS Wealth Management, believes that, “it is very good to have real estate as part of a diverse investment portfolio.
But while real estate, generally, is considered stable, luxury real estate tends to have steeper ups and downs than average buys, Mr. Veraguth said. For this reason, the entry point—or when you chose to buy within a market cycle—matters.
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