Is it a Good Investment?
January 13, 2018 3:03am CST
I just realized that I have reached this point in my life without notable investment. Maybe it's a manifestation of getting old. I am now more scared of my future. I want to do something in year 2018 that an adult should be doing. I want to invest. I've visited 2 subdivisions this morning, and I am planning to invest in housing. The question is , is it really a good investment? Your thoughts , please.
8 people like this
• Davao, Philippines
For me it is. You are old enough to decide actually. This made me realize later. I didn't know I was wasting money before that I didn't think of any good investment and it's too late for me. You can since you can. I assured you. You will be grateful after. But you need to check them first before investing.
• Batangas, Philippines
Yes.. I have to verify the developer's background though it's a well -known already. Actually I love the location of the subdivision but it's ideal as vacation house because of the refreshing and peaceful environment. It's quite far to my work so maybe it's ideal for renting. But, let see!
I had planned to have banking loan for a house. It is also a good investment. But then, the interest and years of paying such a house are not worth it. Thus, I decided to secure a land property and build our house. As of now, the family and I are trying to come up with the money for it. Hopefully, it will be materialized this year.
A house can be both an investment and a liability,it depends upon how you plan to use it.If you want to rent it out or sell it in the future, it is an investment.However, when you purchased a house and just keep it lying around with no returns,it can be a liability.If you buy it and live on it yourself,it's a good investment as long as it's just enough for your need.You also need to make sure that it's not located in a flood prone area and earthquake fault line,so that you will not totally lost it or depreciate in value.