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"Home ownership is often called both the American Dream and the biggest investment of your life. It’s debatable whether a house is truly an investment or not, especially when we’re talking about your primary residence."
Ben Carlson, institutional asset management chief at Ritholtz Wealth Management did a post about why comparing the price appreciation in housing with the stock market is not a great idea. Downtown Josh Brown gets him on the phone to explain exactly why investors and home owners should keep their feelings about their primary residence away from their asset allocation decisions.
You can read more about Ben's take on real estate vs the stock market at his blog, A Wealth Of Common Sense:
https://awealthofcommonsense.com/2019/03/real-estate-vs-the-stock-market/
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https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ
Talk to us about your portfolio or financial plan here:
http://ritholtzwealth.com/
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