It might sound like a contradiction to some people, but investing is the safest way to build a fortune. A salary isn’t likely to make a person rich, coming up with a one million dollar idea is something that happens very rarely, and making your own business can result in total bankruptcy if your project fails. So for most of us investing is the way to go, but you need to take into account that the volatile stock market is the only way to invest.
Anything you spend money on intending to receive returns counts as an investment. So a loan, research, or buying property can all be forms of investment if handled well. And property in particular is a great way to invest.
Investing in real estate
The logic behind real estate as an investment is really simple, but this doesn’t make it any less appealing. If you buy a house you can resell it later at a higher price. If you buy land you can then sell it to another party that is interested in building and get a profit. And it’s not like you are forced to sell to make a profit either. Renting a house is a simple way to get income monthly, and usually, it is enough to pay for the house and leave you extra earnings as well.
Real estate also has the advantage of being a fairly stable market. Of course, there are better opportunities that a keen eye can discover. But in general, real estate isn’t as hectic as stocks. If you buy a property it most likely will keep its value over time, and that’s at worst. So real estate is a safe and profitable investment, that allows you to invest in something tangible and take fewer risks as a whole.
Of course, real estate can be expensive, and for some people, it might be unfeasible to buy real estate on your own as your first investment. Thankfully there are more options beyond that. For those of you who can’t or don’t want to invest solo, you can always opt to take part in a real estate fund. A real estate fund pools the resources of multiple investors towards a single property, and then makes sure to split the earnings between all investors. A good example of this can be seen in InvestInKona com. This fund is pooling resources from countless investors into a touristic property in the Kona Estates. Meaning that investors can receive profits from a high-end luxury property without needing to pay for it in its entirety.