After succumbing to the “Great Recession” ten years ago, the stock market has made a comeback. 那么，这是否悦博体育你应该忘记买新房子，转而投资股票呢？ 专家说，这个问题的答案取决于你的投资悟性、财务纪律、年龄和当前的财务状况。

The first question you need to ask yourself is, “Am I disciplined enough to invest in stocks?” 两位教授最近对30年来的个人理财表现进行了研究，他们说，如果你想在股市上赚到真钱，你需要成为一个拥有非凡理财纪律的人。 或者，你可以简单地买一栋房子。

当你购买房地产时，首付和每月的抵押贷款迫使你定期留出一大笔收入。 It’s automatic. But if you can’t summon the same discipline to invest that 同样数额的钱 in the stock market on an 等规则基, then stocks are probably going to be a losing proposition, according to the professors’ study.

“We find that if people don't invest 所有 the money, actu所有y about 90% of the time, you're better off buying real estate," says Professor Eli Beracha, 该研究的合著者.

其他使股票投资有风险的问题

Investing guru James Altucher wrote a column in 《华尔街日报》 titled, “8 Reasons You Stink at Trading Stocks.” In it, he argues that most non-professionals don’t have the investing savvy required to be successful in the stock market. 以下是一些很有说服力的节选：

• “Nine out of 10 people think they are above-average drivers. 十分之九的人认为他们是高于平均水平的投资者。 Both are mathematic所有y impossible.”
• “Most people sell at the bottom and buy at the top—the opposite of what you want to do as an investor—because they let emotions get in the way of patience and strategy.”
• “It’s re所有y hard to own stocks. It’s not just picking a stock and watching it go up 1,000%. It’s buying it and sometimes watching it go down 80% before it ends up rising 20% above your purchase price. It’s waiting. It’s patience. 心理学至少占游戏的80%。 知道什么时候卖出？ Even harder.”

年龄是个问题

When you’re young, many financial advisors encourage investing in things like individual stocks. 由于未来的职业生涯很长，在你真正需要钱之前，你有时间等待任何糟糕的投资出现转机。 But once you’re a little older, with a family, and starting to focus on your financial future, that’s when 顾问 recommend you buy things like real estate—a conservative investment with a long history of stable, predictable earnings.

你选择的贷款类型也会产生影响

如果你既想拥有自己的房子，又想投资股票，可以考虑30年期的住房贷款，这将大大减少你的月供，让你有多余的钱来炒股。 (Just remember the tradeoff: You’ll end up paying thousands of dollars more in interest over the life of the loan.)

If you don’t have a burning desire to play the stock market, choose a 15-year home loan. You’ll pay less interest over the life of the loan, you’ll build equity faster, and, obviously, you’ll be mortgage-free 15 years sooner.

拥有房地产的税收优惠

As a homeowner, you’re entitled to a bevy of 税收优惠 you don’t get as a stock investor. 你可以从年度纳税申报表中扣除按揭利息和财产税。 Plus, depending on your circumstances, you could also get a deduction or credit for any home-office expenses, moving expenses, capital gains, any “points” used to lower your interest rate, and more.

警告：投资房地产需要时间

不管那些电视真人秀节目怎么说，买房不应该被视为一夜暴富的手段。 But if you think you’re ready to put down roots for as long as seven years, chances are very good that any home you purchase will appreciate significantly during that time (even if the economy runs into some bumps along the way).

非经济利益

当然，并不是所有的好处都是经济上的。 对大多数美国人来说，家是无比自豪、舒适、安全和自由的源泉。 悦博体育大多数人也用悦博体育的家来展示悦博体育的个性，悦博体育通过油漆颜色，家具，景观美化，庭院标志，节日装饰等等。

Yes, the stock market is on an upswing currently (depending on the week), but if you want an investment with a long-term track record of consistent returns—plus tax breaks and a variety of personal perks—you may want to buy a home instead.

If you have questions about the buying or selling process, or are looking for an experienced agent in your area, connect with us 在这里.