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More Americans prefer cash or real estate to stocks

Posted by Farmboy @ 12:28 on July 19, 2016  

A surprising 54 million Americans said they preferred cash investments for money they did not need for 10 years or more, according to a recent report by Bankrate.com.

Overall, one quarter of Americans said real estate was the most favored investment option for savings they wanted to stash for over a decade, closely followed by cash. Stocks and precious metals were a distant third, tied at 16 percent, while bonds were the least popular at 5 percent.”

 

http://www.cnbc.com/2016/07/19/more-americans-prefer-cash-or-real-estate-to-stocks.html

Comment : Stocks & PM’s tied at 16% ??? Really ? I had no idea we had such a following.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.