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- Mar 26, 2018
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I'm asking the question because of the financial benefits that can be had buy investing $500,000 rather than putting it into your property.
I've heard rich people don't own anything. They let the banks own assets to keep the cash invested in securities, funds, business ventures etc.
Without getting personal, I'm asking if you would rather make money on funds that you could put into a home.
We love not having a mortgage but I can't shake the fact that we could double (if properly invested) every 5-7 years.
On the other hand, real estate has done very well but the only way you can have access to the money is by selling the home or by taking out a mortgage.
Tough decisions.
Thanks for your opinions.
I've heard rich people don't own anything. They let the banks own assets to keep the cash invested in securities, funds, business ventures etc.
Without getting personal, I'm asking if you would rather make money on funds that you could put into a home.
We love not having a mortgage but I can't shake the fact that we could double (if properly invested) every 5-7 years.
On the other hand, real estate has done very well but the only way you can have access to the money is by selling the home or by taking out a mortgage.
Tough decisions.
Thanks for your opinions.