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Whats better, starting a business, investing in the stock market or buying a home? Once choice only !? |
Whats better, starting a business, investing in the stock market or buying a home? Once choice only !? Buying a home. It involves the least financial risk, and the most solid possibility for return on your investment. a bank, and hard work Buying a home is probably the safer invesment. what are the uses of the other two if you dont have a home,which do you need most and first,you have the answer in your question wise man.x If you will read "Rich Dad, Poor Dad" by Robert Kiyosaki you will find that a home is not an asset, but a liablity. It will cost you money, not make money for you. If this money is extra money, you should think about investing at least some of it in the stock market. The stock market is an amazingly good performer if you hire a knowledgeable wealth manager from a reputible firm. The stock market has grown exponentially since the Depression. Here are some facts to consider: if you invested $10,000 in the stock market in 1932, you would have just over $58 million today. Even after WWII, The Cuban Missle Crisis, the Oil Embargo, and 9/11, the market keeps making money. It has increased by a 10.5 percent minimum in each ten-year period since the depression. The answer to this question depends on you. Successful businesses make the best returns on investments but most people are NOT good businessmen and most new businesses fail. Real estate has done very well but is a bit inflated now because interest rates have been so low. I would not buy a house unless I planned on living in it for at least 7 years. For others, I would recommend investing in indexed mutual funds rather than individual stocks, and to have some international exposure. Also, you should not invest money in the stock market that you might need in the next 5 years or so--it works better for long-term investing. If you don't have a home then buy a home. |
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