Is real estate investing right for your temperament?

The hot real estate market in Boulder and Denver has generated a lot of interest from investors who wonder whether they should get in on the real estate action instead of investing in the stock market. I don’t blame people for wondering. Through both the popular press and word of mouth, success stories abound, suggesting that an investment in real estate may offer a more reliable ride to easy street.

Is the hearsay worth heeding? I’ll explain more in a moment, but here’s the bottom line: There is solid academic evidence suggesting that the real…