美國：窮人炒房，富人炒股
??? 上圖為不同收入水平的人心目中的最佳投資渠道。來源：蓋洛普
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??? 其次，人們似乎更傾向于把自己選擇的投資方式說成是“最好的”。據蓋洛普調查顯示： ????美國高收入人群更可能認為房地產和股票是最佳投資對象，這是因為他們有進行這類投資的經驗。高收入人群擁有住房的比例最高，為87%，其次是中等收入人群（66%）和低收入人群（36%）。蓋洛普調查發現，房屋所有人（33%）比承租人（24%）更有可能認為房地產是長期投資的最佳選擇。 ????所以，雖然美國富人最有可能理解股票可以帶來更高的回報，但他們也難免會認為，他們正在做的事情（即擁有房屋）是明智的。 ????當然，這項分析理所當然的認為“最好的”就意味著能夠帶來最多財富。而人們之所以投資房地產，可能還有其他原因。在理論上，投資人將房屋出租，把節省的稅費、抵押貸款利息和維護成本投入到股票市場，這種做法是可行的，但在現實生活中卻難以實施。首先，人的時間有限：他們要把大量時間用于尋找一個適合居住的好地方，可能沒有時間明智地管理證券投資。其次，擁有房屋是迫使自己省錢的很好的方法，因為你必須支付按揭貸款，否則將面臨失去房子的風險。 ????無論出于何種原因，如果你決定將額外的資金投入到房地產市場，你應該清楚自己這么做的具體理由。只要你不指望房產能在通脹調整基礎上帶來大量的財富，那就放手去投資吧。（財富中文網） ????譯者：劉進龍/汪皓 |
????Secondly, it appears as if people are likely to say investments they own are the "best." According to the Gallup report: ????Upper-income Americans are much more likely to say real estate and stocks are the best investment, possibly because of their experience with these types of investments. Upper-income Americans are most likely to say they own their home, at 87%, followed by middle (66%) and lower-income Americans (36%). Gallup found that homeowners (33%) are slightly more likely than renters (24%) to say real estate is the best choice for long-term investments. ????So wealthy Americans are the most likely to understand that stocks provide the best chance for a higher return, but they are also not free of the tendency to think that the thing they are doing (in this case, owning a home) is the intelligent thing to do. ????Of course, this analysis takes for granted the idea that "best" necessarily means the investment that is most likely to make you the most money. There are, of course, other reasons why people might decide to invest in real estate. While it theoretically might make sense for an investor to rent his home and plow the money he saves on taxes, mortgage interest, and maintenance into the stock market, such a strategy might not work in the real world. First of all, people have limited time: They're going to spend a lot of energy choosing a good place to live, and might not also have the time to wisely manage securities investments too. Secondly, owning a home is a great way to force yourself to save money, as each mortgage payment is something you have to make, lest you risk losing your home. ????Either way, if you decide to put your extra cash into real estate for these reasons, you should be aware that this is the reason you're doing it. As long as you don't expect your home to make you a lot of money on an inflation-adjusted basis, invest away. |
