Is it a Good Investment?
By Firefly
@cttolledo (5460)
Legaspi, Philippines
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.
7 people like this
12 responses
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
Actually, that's why I am scared . It's my first time to think of investing because I have to.
2 people like this
@Starla_9 (256)
• United Kingdom
13 Jan 18
@cttolledo it’s natural to be scared, it’s something new to you, just make sure you fully understand how it works. Don’t just jump straight in At the deep end. Do you know anything about it?
2 people like this
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
Thanks. I will surely check everything.
1 person likes this
@Shavkat (137189)
• Philippines
13 Jan 18
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.
1 person likes this
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
That's a good idea also to buy a lot but its hassle free when you buy house and lot especially that I don't have much time for the construction
1 person likes this
@cttolledo (5460)
• Legaspi, Philippines
14 Jan 18
@Shavkat yeah. I got your point. Paying a monthly amortization for 15 years means 15 years of no peace of mind. Haha
1 person likes this
@Shavkat (137189)
• Philippines
14 Jan 18
@cttolledo I can't afford to pay the house and lot in years, my friend. For me, it is better to have the lot and build the house and there is no pressure for paying the house and lot ranging 10 to 15 years.
1 person likes this
@cttolledo (5460)
• Legaspi, Philippines
15 Jan 18
You are right. The thing that we can call mine.
1 person likes this
@tech40 (23128)
• Philippines
15 Jan 18
@cttolledo Yup that is correct! My mistake that I purchase a car first! hehe
1 person likes this
@hereandthere (45651)
• Philippines
13 Jan 18
i think it depends on the developer's track record, if you can see that the area will grow or benefit from improvements in nearby areas and if you can envision other uses for it (ex. renting it out)
2 people like this
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
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!
2 people like this
@JustBhem (70555)
• Davao, Philippines
13 Jan 18
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.
2 people like this
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
Yes bhem. I do not want to waste anything. I'll take every step carefully
2 people like this
@JustBhem (70555)
• Davao, Philippines
13 Jan 18
@cttolledo
Well, you are in the right choice, my friend.
2 people like this
@kareemadivina (1230)
• Philippines
13 Jan 18
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.
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
It's now in a pre selling stage so the offer is fair and affordable, since the location is a little bit far from my work place, I might rent it out.
@averygirl72 (37715)
• Philippines
13 Jan 18
Yes it is a good investment. It's good to have a good home in the future. You can also invest in business
1 person likes this
@JohnRoberts (109857)
• Los Angeles, California
13 Jan 18
Depends on property values in the area and demand.
1 person likes this
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
Yeah that's other consideration.
1 person likes this
@ilocosboy (45157)
• Philippines
13 Jan 18
I would say before any investment or putting out your money in particular business do some study or background about, is it really feasible?
1 person likes this
@cttolledo (5460)
• Legaspi, Philippines
13 Jan 18
Don't worry wanna try for a small first.. one step at a time
