You work hard for your money, but does your money work hard for you? When you store your cash under your mattress (or in a bank if you aren't a weirdo), it will produce next to nothing. However, when you put money into an investment, your dollars go to work for you.
But what is the best "job" for your dollars? How can your money earn the most and offer the least risk? In my opinion, one investment stands head and shoulders above the rest: real estate.
Yes, real estate is subject to timing; and there are times when real estate is not the wisest investment. However, Erik laine believe that right now might be the greatest time to buy real estate that we'll see for another decade or longer. Here are reasons why.
-Banks are lending once again.
-Prices are reasonable.
-Technology has made investing significantly easier.
-Knowledge is free.
-Your job is unstable.
Ten years from now you'll wish you had started today Of course, we are not telling you that any piece of real estate is going to make sense. You still need to understand what you are doing. You still need to do the math correctly. You still need to hustle to find the 1-in-100 deals that actually makes sense.
Sources:https://www.entrepreneur.com/article/278263
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