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Is buying a land or other investments are better than bank interest especially in long term? Mention a site? |
Is buying a land or other investments are better than bank interest especially in long term? Mention a site? Usually buying land, property etc is a good long term investement, sometimes even in the short term it can prove worthwhile. If you have to ask investing is not for you. If the land is in an already developed area, it's a better investment. Haven't you noticed that banks make money off of loaning people money to buy land? They make enough to pay you the interest. Definetly. Buy into residential housing near your home. land? bank interest is not an investment. it is robbery. Not if you buy property in the middle of the Nevada Desert or in the Middle of the Florida Swamps. No investment is "better" because is each has their own set of risk. Investing in CDs are very safe, but you can run into reinvestment risk and inflation risk. |
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