Wealthy Americans pick real estate as best investment for 2014

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Millionaires across the U.S. see real estate as their top investment choice for 2014.

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StaffBirmingham Business Journal

Millionaires across the U.S. say commercial and residential real estate is the best alternative-asset investment option for 2014.

One-third of millionaires surveyed in a newMorgan Stanley study plan to purchase real estate this year, Bloomberg reports. And 23 percent say they'll invest in real estate investment trusts.

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