When people think about investing their money the first thing that comes to mind is investing in stocks and shares. Whilst we do believe that they are a good way to invest your money, we think that investing in property is a much better idea.
Here are 3 reasons why investing your money is property is always a good idea.
DO you have money invested in property? I would love to know how it is going for you, share your experiences and give us some insights to any tips you have picked up a long the way. I would also like to hear some great success stories, so all you savvy investors out there please let us all know how fortunate you have been. Put your thoughts in the comment section below. Thanks guys.
It’s nearly always an investment for the long-term
When you buy a house, you will be thinking about living for several years at the very least. You make a commitment to getting on the property ladder and paying off your mortgage over decades.
When you buy shares, you are hoping that the price will rise within a week. They also lead to more stress even with long-term investments.
We pay a lot of attention to the house we buy
I have witnessed mates invest thousands of dollars in shares all because they read an article somewhere, a new product that’s been released in Harrods, or even a random tip from a guy at the bar.
It’s much different when people invest in property, they will spend countless weekends, get so many blisters and sweat a lot before they choose a property. We take time with property to make sure our investment is sound – a major plus.
You add value to your home as the owner
Speak to any friend that has a full time job and tell them to earn a bit more cash at the weekends with a second job, most of them will simply ignore you or laugh off the idea. After working forty hours a week most people will not ever consider getting a job at the weekends – but then if you ask them if they’ve done any DIY on their house, they will think nothing of the 12 hours they just spent last weekend doing up their house.
Any DIY you do on your house is unpaid labor and it increases the value of your property – but we don’t see it that way. As a homeowner living in your property, you will always be looking for ways to improve it.
If you are not looking for instant profits then investing in property is always the best way to go. Not only will you have a home to live in, you will have also got your foot on the property ladder.
How have you found investing in property? Has it worked for you and do you see it as a good long-term investment? I would love to hear about your thoughts and experiences.