I thought about how I'd like to invest my money that I have saved up, previously I wanted to invest it soley in residential property, but now it seems like a good idea to invest it in managed funds, and international shares. What caused this turn about action was after I realised how much more elements are involved in buying property and selling, Its not the typical buy & sell you'd expect, things such as maintanence, stamp duty, rise and fall of interest rates are all factors that have to be taken into consideration.
But with shares, I figured that it would be better if I'd invest in shares whilst im still young and able, then later on shift into more stable and long term investment properties.
Saturday, January 30, 2010
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