Are you doing any property or stock investment?
I believe so, as this is a very common question when you come to investment. There are many other investments such as business, franschise, forex, pyramid, FD, bond, mutual fund, etc, why must be property and stock investment?
I recalled about this when I read one of the Milan Doshi books. He mentioned that the best investment vehicle in the world are property and stock investment, and both of them are good enough until now. I believe what he meant is level of risk and return.
Among these 2 investment vehicles, which one do you prefer?
I did ask many ex-colleagues and friends when I was young due to curiosity. Most answers I got was NONE and was given all sort of excuses. For those who do not have property, they complained that properties are too expensive, not able to get loan, too high commitment, hard to find a suitable one, only have one for self-occupied, etc. Whereby for stock investment, they complained that it is too risky, return too low or too slow, index is too high, economy no good, etc.
Surprisingly, most of them shared that they have other kind of investments, such as doing part times jobs, part time agents like insurance or direct sales, own small businesses, get rich fast scheme, etc. In fact, there’s nothing wrong, because it’s about investment and the highest return wins.
Well, I used to stay away from stock and property investment. Only after I came out to society for 8 years, I realized if continue to work for others and without investment, it is a dead end. We all feeling the pressure of the rising of inflation rate and cost living, while salary increment is not able to catch up. Hence, I started both of my 1st property and stock investment back in year 2009.
To be continued…