Orlando Real Estate: There´s gold in them properties
Gold is viewed as a safe alternative to government bonds and equities, and the price of gold is sky high as a result. Buying anything when prices are at record highs seems dubious to me, especially an asset like gold which produces zero income. I know one client who is doing the opposite - i.e. selling the gold he bought 5 years ago when it was just $600 an ounce (it´s over $1800 now).
Why run to gold? Why not run to an asset class that has already been stripped down to record lows, that offers a regular income, has an intrinsic value and has consistently acted as a hedge against inflation? Orlando Real estate is looking very compelling at the moment.
I discussed these issues in more detail on our previous newsletter:
http://www.torcana.com/newsletter-41.htm
For full details on the real estate offered by Torcana Ltd please visit www.torcana.com