Gold jumps above stocks as Americans' preferred long-term investment while real estate plunges
When asked which is the best long-term investment, a plurality of respondents still said real estate, but the share sank to 34% this year from 45% last year.
The drop brings the preference for real estate more in line with the average from 2016 to 2020, after soaring in the pandemic boom. It also highlights the downturn in housing markets, as high mortgage rates have inducedsurged to second place, with the share who view it as the best long-term investment jumping to 26% this year from 15% in 2022. The share favoring stocks fell to 18% from 24%, marking the first time in 10 years that gold topped stocks.
"Gold tends to be the beneficiary when confidence levels in both real estate and stocks are down. This is typically during times of economic recession or uncertainty, as happened around the time of the Great Recession, and is happening again today," Gallup said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
The best Google Pixel 7a screen protectors: 6 best ones right now | Digital TrendsScreen protectors are important accessories for new smartphones so if you're picking up the new Pixel 7a, you should also grab one of these screen protectors.
Leer más »
Top boys lacrosse sophomores in N.J. - Our picks, your votesCheck out the best of the best in the Class of 2025.
Leer más »
The Hollywood Reporter Nominated for 47 SoCal Journalism Awards, Including Best Website and Best Cover ArtRebecca Keegan is nominated for journalist of the year in the print (over 50,000 circulation) category, while Seth Abramovitch, Samuel Braslow, Kim Masters and Scott Roxborough all received nods for best investigative story.
Leer más »
Trump campaign attack ad uses stock images from Ukraine to depict Americans suffering under BidenA GOP source mocks Trump as Ukrainian photographers confirm stock image mixup.
Leer más »
Consumer Price Index rose 4.9% in April as Fed mulls more rate hikesAmericans have been feeling the pinch of soaring prices of goods in recent months.
Leer más »