Monthly Financial Wellness Tip for WOMEN
What's the better investment--real estate or mutual funds?
Even today, both mutual funds and real estate still offer investment potential. Here's a comparison:
* If liquidity is important, mutual funds offer faster access to cash than real estate.
* In both cases, buying low is a major benefit. But with a revenue property, you can buy even lower with a fixer-upper, do the work yourself, and create even higher profits.
* Real estate offers leverage opportunities. Let's say you make a 20% down payment on a $500,000 house, and in two years it's worth 10% more ($550,000). The return on your actual investment is 50%! Leveraging equities can be riskier because values change more rapidly. Plus, the bank won't loan you $400,000 to buy $500,000 in stocks!
* Both real estate and mutual funds gain value over the long term. But revenue properties also yield monthly rental income which can cover mortgage payments. As you build equity, you have more funds to purchase a second property.
If you're interested in investing in revenue property, call us today at 1-800-562-7922 ext 991 or 992. Chances are we can access the equity in your current home to help you generate new wealth!
