Maybe it’s time to rethink gold as a good investment. Gold was always a good investment, it was tangible, there was a scarcity of it, and there was always a market for it. Now gold has dropped 20% in the last year, maybe gold isn’t the safest investment. So another option for you is to invest in properties on Anna Maria Island. Property values have increased 5% in the last year and are projected to be up 10% by years end. So besides the natural value increase on property values, if you use it as a second home/rental property, you have the added return on investment from rents. So on your money down, you could get anywhere from 5% to 25% a year back on it. Not to mention the tax benefits as well. And like gold there is a scarcity of homes/ land on the Island for sale. If you have any further questions about investing in real estate give us a call at Anna Maria Island Beaches Real Estate and talk to the local realty experts.
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