✅In this series of Bwealthy, we have been sharing tips to become rich. Quite commonly, many people would advice you to buy a property. But is it correct?
Buying a house is not like a mutual fund lumpsum Investment . Here is why?
o Investing in property market is lot more costlier than investing in mutual fund.
o When you want to take out your investment from property you can not get the money at a short notice while in a mutual fund investment you can get your money in a couple of days.Also , you can not withdraw a part of your investment unlike in mutual fund where you can withdraw any amount from your investment.
o Unlike mutual funds, you need a big amount to put in a property.
o Apart from monthly instalments, maintenance cost of a property adds up to a big total to spend on.
o During times when the value of the house increases, people commonly think of their houses as investments. However, over the long run, average home values appreciate only slightly more than inflation.
In this video, our expert Swati gives you tips on property investment.
Stay tuned for the next episode of this series to get more such tips. Subscribe to Bwealthy Channel now: http://bit.ly/Subscribe-Bwealthy
We have taken this video from YouTube and posted it on our site and if you are the owner of this video or you have any problem with this video please contact us
purchasing investment property