The stock market can be an intimidating thing to get involved with. There are so many numbers and graphs and arrows that it is no wonder many people say that they just don’t understand it at all. Once you have got to grips with how all the shouting and waving papers around, you are still left with what amounts to choice anxiety. There are so many different companies in which you can invest. However, the market, dictated as it is by the invisible hand, is hard to predict and impossible to control in any meaningful sense. When you invest your money with someone, it is rather abstract because the number in your bank account has decreased and for a while, the only indication that you’ll have that it will increase again is monitoring trading around the world. You may have some say in how things are run at AGMs or stockholder meetings, but otherwise, all you have is the fiduciary duty that the CEO has to you as a principal. It is somewhat out of your hands, and that can be stressful, especially if the company that you’ve invested in does not do as well as you’d hoped.
Thankfully, there are lots of alternatives to what sometimes seems like a postmodern performance art piece about the capricious nature of money. One such alternative is investing in property. When you buy a house or an apartment, you can go to it and see that it exists. There is a great deal of security in seeing so clearly where your money has gone. Property is also a great way to make money and here’s why you should consider investing in it today:
Just as when you invest in agriculture or water companies, when investing in property you can be sure that you have a product that will always be in demand. There will never be a time when people do not need houses to live in, and considering that fewer young people are able to purchase their own homes now, it is a great time to be a landlord. If you have other business interests that take up your time, or you just don’t want to spend all day on the phone at your desk, you should consider property management services. They screen potential tenants, take care of all the paperwork, and for a small commission, send you your money every month. It will be the easiest job that you’ll ever have.
However, besides the allure of a property being able to pay for itself over time, the other great thing about houses is that they tend to appreciate in value. A recent study found that in the UK, there have only been seven distinct years in the last thirty-three in which house prices fell. They are rather tumultuous though and they change as the international economy does. For instance, in 2009, at the height of the recent economic crash, house prices fell 7.6%. As a historical trend though, houses are a great investment that just keep becoming more valuable.
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