I asked a friend if he would like to invest in properties since I have read about so many people who are making big bucks from it despite reports in the newspaper about the gloomy prospects in the property market due to the lackluster economy.
I know my friend could easily afford to pay off his monthly home loan installment but my friend said that since he already has a house, he is not desperate to look for another property. Granted, owning another property would mean more responsibilities and financial commitment.
My friend told me that right now, he would rather buy gold coins. It provides him a lot of freedom in the sense that he doesn't need to worry about maintaining it or topping up with even more capital. Oh well, gold coins are good but then to me, it would be great to own another property. I guess different people have different views.
I know my friend could easily afford to pay off his monthly home loan installment but my friend said that since he already has a house, he is not desperate to look for another property. Granted, owning another property would mean more responsibilities and financial commitment.
My friend told me that right now, he would rather buy gold coins. It provides him a lot of freedom in the sense that he doesn't need to worry about maintaining it or topping up with even more capital. Oh well, gold coins are good but then to me, it would be great to own another property. I guess different people have different views.
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