It is one thing to make wealth. It is another thing to won wealth. The number one investment to help you hold wealth is real estate. It appreciates your wealth over time. 95% of wealthy people hold their wealth in real estate.
Which investment is the best medium to hold wealth?
- Thread starter Niyi Briggs
- Start date
Yes I agree with you. But care must be taken when you are engaging in real estate business to be careful so that you don't fall into the wrong hands of land owners.
Banks pay lower rate of interest so it's not worth and that's why many people have started to look at other ways to invest
- Thread starter
- #6
This is so true. How can you be getting 3% per an um? It's plain ridiculous. I can't put money in the bank with the hope of interest.
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In everything we do, we should endeavour to be careful. Good advice.
- Thread starter
- #8
Bank deposit is just an act of capitalism. They would use your money to do business and give you peanuts.
If you want to keep increasing your wealth, keep investing, especially in things that would generate residual income. Like you said real estate is a perfect example here. It is also a great way to generate passive income.
They are various ways to invest money nowadays majormajorly nów that they are various platforms online a friend asked me what I would do if I was given 20 million to spend in an hour and I replied that I would invest it in real estate
I join you with this idea. I also think that having a franchise of a famous food chain can be a good investment. Some of these food chains are McDonald's, KFC, and the like.
For me I think the real estate investments trustees is the real deal. Your can generate alot wealth with the investment over time. This is because of the passive income you would be receiving in terms of the rent from the properties.
That's right, I totally agree with you. In my country there are many cases of land disputes. To buy land at this time you have to be very careful, set clear boundaries, identify who owns the land around the border. It must be checked frequently, because sometimes there are irresponsible people who use our land without permission.
If I have sufficient capital, investing in real estates is my first choice. You can get rent as a passive income and the value of your property may appreciate over time.
I have thought about what the kind of the investment can hold wealth over time and came up with the investment in the pension fund. I have seen this to be something very worthy for earning residual income in the retirement days.
