Stocks Versus Real Estate - part II - Philadelphia Real Estate
This morning I hear the news that Lehman Brothers is filing for bankruptcy. AIG is seeking capital, and Merril Lynch is being bought out by Bank of America.
Lehmans stock is now worthless, AIG is down another 50 percent for one day, and Merril is being saved.
Wall St does not look pretty this morning.
Investors interested in Philadelphia Real Estate should contact us at thesomersteam@yahoo.com .
There will be opportunties in the stock market as a result, but this may be the time to be more diversified in real estate. Remember after the internet bubble in 2000 and the stock market blew up ? What was the most succesful investment category afterwards ? Two words R____ E_____ !!!!!
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