I think one of the best Investments you can make for now, and the future is property, this is not only an 'Investment' but is also a tangible asset that you can use if need be. With an increasing world population, land values will always be a bull market (Even if 2008 happens again), and in the long run, you never lose with property win-vestment.
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My plan is to make small investments that give me a decent ROI, that I can save and use those saving to buy property.
That's a pretty excellent way of doing it! Always much better to start small and then scale later.
@locikll, I share the same view with you. Actually, investing in property will cost you a lot of money here. I'm saving money to do that.
thanks for your comment here.
Yeah the property market is pretty expensive in general, what you want to do is (I think I've said somewhere else so I might make a post about it later :P), if you want a property for ROI (Return on Investment), you want to develop an ROI Ratio, this is a ratio that is: Ratio = Rent / (Mortgage payments + Rates + Building + body corp Fees [apartments] + depreciation + interest), where the '/' is divide, upon comparing 2 properties to purchase, the one with the higher ROI Ratio should be the one to purchase. There are also other things to consider but I'll probably write a post about Smart Algorithmic property Investing in the future
@locikll, Thanks for this feedback. I have followed you. Looking forward to the proposed article.
Thank you very much! I will probably make a start on it soon
You are welcome.
Just finished writing it :)
I'll be checking that post out as well.
Followed :)
I'll go through it later. Thanks for this reminder.