Maine Waterfront Property – A Hard Asset That’s Easy to Own

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Maine Waterfront Property – A Hard Asset That’s Easy to Own


There’s an old adage on Wall Street that goes “Sell in May and go away”. What the swells on Wall Street mean is that there’s historically not much going on in the market over the summer; in fact, the market often drifts downward during June, July and August, so it’s best to just cash out for the summer, then get back into the market after Labor Day.
Well, I have a little amendent to that old adage. I say, “Sell in May and go away – to a nice Maine lakefront property”! Perhaps investors should think about the benefits of exchanging the often volatile liquid assets found in a stock portfolio for the hard assets of a piece of lakefront real estate in Maine.
When you look at your computer screen and see your stock holdings displayed in front of you do you also hear a loon calling? Do you hear the wind in the fragrant hemlocks overhead? Do you see a wide vista of clear blue water spread out in front of you, a boat bobbing in the water down by the dock?
If you’re a little uncertain about which way the stock market is headed, maybe it’s time to think about diverting some of those assets into a lakefront property. Historically, lakefront property has been a solid investment and right now is a great time to be a buyer. There’s a lot on the market, buyers are scarce, and interest rates are low.
If you’re concerned about the real estate market going down, take the longer view. Do you think the value of lakefront property will be higher or lower in five years? My guess is higher. Take any five year period in the last fifty years and you’d be hard pressed to find any five year period where lakefront real estate didn’t go up in market value.
So, go ahead and “sell in May”, but think about transferring that cash into something tangible, something you can enjoy, some place where you can go, where you can listen to the loons, smell the balsam-scented breezes, and feel the tug of a fish at the end of your line.
If you’d like to take a look at what Maine lakefront real estate is currently for sale, use our Lakefront Locator and search the entire state for a hard asset that’s easy to own.

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