Median housing price in the US
(Picture courtesy of
Bespoke Investment Group.)

When I was a kid, my parent told me to invest in real-estate. Why? The number of population in the world is growing while the earth is not growing. Theoretically, the housing real-estate is a sustainable investment.

Unfortunately, this is not always the case. The recent study from S&P/Case-Shiller shows the median housing price in the US dropped very significantly. The composite 10-city index was down 15.3% in the last 1 year. The composite 20-city index was down 14.36%. It sounds really scary, isn’t it?

Where to invest now? How about stock market? Well… the figure below shows the history of Shanghai Composite Index in the last one year. It doesn’t look good either.

Shanghai Composite Index
(Picture courtesy of Yahoo Finance
.)