I was wondering if a person has $500,000, which would the better choice to invest in; real estate or safe investment that yields 7%?
I mean think about it, if a person puts $500,000 in a safe investment that yields 7%, he would make $35,000 a year. In 20 years he would earn $700,000 off of that safe investment.
Or should he put $500,000 into real estate and sell it in 20 years?
I mean would this be the better choice? Would he get more money out of this method?
2007-01-09
10:19:41
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17 answers
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asked by
Smile Everyday
1
in
Investing