I talked to my friend about the fastest way to make our money grow and he told me that it's investing into real estate. I am not sure that t would be exactly "fast" since real estate investments don't grow that fast, at least we do not get to see the rewards that fast.
I know of people who had to tie up their money in real estate and there would not be any returns until the next generation or maybe the one after that. However, once property prices start to move, the move swiftly and the returns are many fold. It really is not easy to determine the percentage of profit even.
However, to invest into real estate, even though we may not be able to earn anything from it yet, we would still have to pay for our annual arrears and property tax. That's more money flowing out before it flows in.
What do you think of real estate investment? How many Donald Trumps can there be, anyway?
I know of people who had to tie up their money in real estate and there would not be any returns until the next generation or maybe the one after that. However, once property prices start to move, the move swiftly and the returns are many fold. It really is not easy to determine the percentage of profit even.
However, to invest into real estate, even though we may not be able to earn anything from it yet, we would still have to pay for our annual arrears and property tax. That's more money flowing out before it flows in.
What do you think of real estate investment? How many Donald Trumps can there be, anyway?
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