Real estate continues to be Americans’ favorite long-term investment according to a new Gallup poll of 1,006 U.S. citizens conducted in early April.
While real estate preference rose slightly to 37%, the bigger story is gold’s rise to second place with 24% of respondents choosing it over stocks, which fell significantly to 16%.
Analysts suggest gold’s popularity surge is due to economic instability and its recent price rally since January. Cryptocurrency remains unpopular as an investment choice at only 4%.