is most of your worth in real estate or equities
2007-09-03 09:04:11 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Probably most of the people. Property is a great way to grow your wealth because you can use leverage. As an example you can buy a building for say $200,000 by paying a deposit of say $20,000,borrowing $120,000 from a bank then getting the vendor to leave in $60,000 for say 3 years @ a small rate of interest. If the building goes up in value even 10% you double your money.
2007-09-04 03:05:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
My money is equally split between commercial property and cash. I do not own a single bond, share or debenture. I have also spread my cash across 4 different currencies to reduce exchange rate risk.
Quite honestly, I've received a relatively poor return on my cash over the years and if I was less risk averse, I'd go for a bolder investment strategy. Also, I have to pay a lot of tax on my interest which is not ideal.
2007-09-03 22:09:18 · answer #2 · answered by Rolande de Haye 4 · 0⤊ 0⤋
Neither ... the value of my company.
2007-09-03 16:48:30 · answer #3 · answered by jdkilp 7 · 0⤊ 0⤋
i'm good for $5
2007-09-03 20:17:32 · answer #4 · answered by dt 3 · 0⤊ 0⤋
you bet ye
2007-09-03 17:35:56 · answer #5 · answered by Anonymous · 0⤊ 0⤋
yes i am . . . .
2007-09-03 20:19:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋