What investment is the best gold or land?
February 13, 2010 11:31am CST
hii my friends I ask about your opinion what is the best investment today best gold or land,please give your opinion thank you.
13 Feb 10
Land is really best investment today. Gold too is good but price of gold may settle down. It has impact of international market. In land investment the things are different. Land prices will never go down, they will increase. If the land is in newly developing area then its prices will double or even triple in just few years. Moreover investing in land can save your tax. If the land is near a road, or near a big company then the prices will double in just a year.
• United States
17 Feb 10
If you can find a piece of land that sells below it's value, than land would be my choice. Even if it depreciates in value, you can live the the remainder of your life there. As already mentioned, you can use the land to grow crops there, rent the land to someone else and collect rent, etc. Gold is a great hedge against money and it will always have value (I prefer silver because it's less expensive and silver is a commodity that is used in manufacturing, but that's just my opinion) Having a little bit of gold on hand is always a good thing in this economy...but having a piece of land that you can call your own, is always a good investment.
14 Feb 10
I learned from an investment guru that the best investments are those that produce regular cashflow or income. Business with regular income. Land and Gold both appreciate in value. But with land, you can do many things with land that will produce for you regular income, income that will soon add up to your net worth when saved. With land, you can create farm lands, housing projects, apartments, warehouses, resorts, etc. There are many things you can do with land. Land can create a business that produces results for better living. Productivity in short.