Paulson said sell Bonds buy Real Estate
John Paulson says it is time to Sell your Bonds and buy real estate.
We are seeing Paulson’s advice working in the Asheville Real Estate market as sales continue to increase. The Asheville Homes prices continue to fall as sellers realize that the turnaround is slow to come.
It could be time to sell your low-yielding bonds and replace them with higher-yielding common stocks or buy real estate
Paulson’s warning to sell U.S. government bonds is one of the latest signs that the most successful investors of this generation believe the run up in bonds is over.
Paulson said; As this is the best time in 50 years to buy homes, Paulson advised his listeners, crowded into 3 separate dining rooms, to issue 30 year mortgages to buy a home as “your debt and interest payments get locked in at record lows, while the price of your home will rise.”
“If you don’t own a home buy one,” Paulson recommended; ” if you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.”