THE ALTERNATIVES TO PROPERTY
Don’t buy property! Despite being a property investment company we have taken the somewhat radical decision in this edition to only look at the alternatives to buying property as an investment and (almost) objectively assess their pro’s and cons. We realise many people are worried about their financial security and need to invest in something to avoid poverty in old age. Our belief of buying below market value property as a viable investment strategy has taken a battering along with all property recently, so we thought that this is the opportune time to state a case for other investments. So the choices are.......(no pun intended) Gold Throughout the ages men and women have been fascinated by gold. Its appeal goes beyond mere decoration and it has been used to prop up the world’s economy. Pros: Inflation proof. If the worst comes to the worst you can always wear it Cons: No leverage. Possibilities of being mistaken for Mr T Fascinating fact: Gold comes out of the ground and that’s where it ends up. There is more gold in Fort Knox than in all the jewellery ever made! Spread Betting Pro’s: Potential endless return from minimal outlay Cons: The minimal issues of potentially endless liability Hint: Make sure you chose the right spread (we prefer Dairy Lea) National Lottery Pros: Low buy in Cons: Not everyone’s a winner (do you know anyone) Fact: The chance of winning the jackpot with six numbers is 1 in 13,983,816. This is roughly the same as the chance of you becoming an astronaut or the President of the United States. So unless your surname is either Armstrong or Bush don't expect to win anytime soon. Depending on the state Pros: Guaranteed (very) low monthly income. Only needs a sense of humour Cons: Requires abject poverty and no assets to qualify Inheritance Pros: A great way to get rich Cons: Can result in stress caused by watching your parents selfishly spending their own money whilst they are alive. In conclusion...... So there you are, what a range of options there are open to all of us, as you can readily see, there is no need whatsoever to buy property, especially not now when it looks cheap again (why buy in a buyers market)? The other good news is that you do not have to come to our seminars to learn how to locate and buy below market value properties. You also do not need to find out how you can take advantage of the best buyers market for years and therefore we do not have to take the time to tell you.
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