A house or real estate property is by far the best investment to make if you can afford to right now.

Benefits of Owning a House or Real Estate Property

  1. Forces you to put away money in the form of mortgage payments.
  2. Houses generally and mostly do not go up and down as the stock market does.
  3. Most of the time a house always continues to build up equity.
  4. If you live in the house, you get the added benefit of enjoying it as well.
  5. Later on you can sell it and cash in or turn it into a revenue generating cash box.

If you cannot afford one right now, you should save as much as you can on a weekly basis or a paycheck basis. Save like 20%-5% into a secret account in which you pretend to forget about then throw that money into the stock market and the bonds market.

Simply invest 40% into iShares Lehman US Aggregate Bond Fund (AGG) and put the other 60% into SPDR Trust, Series 1 (SPY).

Keep saving and compounding and you will get there.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google

Related posts