Study: Millionaires favor real estate
A BenefitsPro.com article provided a revealing investment strategy favored by America’s millionaires. In the article, entitled, “Millionaires’ favorite alt investment: real estate,” a survey noted that millionaire U.S. investors’ favorite alternative investment is real estate. And it was by a wide margin.
According to the Investor Pulse Poll, conducted by Morgan Stanley Wealth Management, 77 percent of survey respondents said they owned real estate, and 35 percent said they owned real estate investment trusts – or REITS.
Millionaire U.S. investors by a wide margin favor real estate as an alternative investment, according to Morgan Stanley Wealth Management’s latest Investor Pulse Poll.
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