Why is Y & C a better option than buying stocks, bonds, or mutual funds?
The firm would never recommend that a client invest solely in one property or one investment vehicle. Like most investment professionals we believe strongly in portfolio diversity and understand the role of stocks, bonds, and mutual funds. However, these types of investments are highly unlikely to produce large returns (10% a year is considered excellent over time) and are still subject to wild fluctuations. Well chosen exotic real estate markets, however, have the potential for runaway returns (think Las Vegas in the 60’s, Cancun in the 80’s, or Dubai in the 90’s). This is the type of investment our firm offers and we strongly recommend that all our clients make Y & C a portion of a larger well diversified portfolio.
