Like all investments it pays to do your homework before you take the plunge into property investment. But even with rising interest rates, a sound strategy can pay off. The shortage of rental properties, combined with rising prices in most markets, means that if you choose the right property and make sure you keep a close eye on your investment,…[Read more]
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When investing, don’t let fear, regret and greed drive your investment decisions. Get professional help and develop a plan that fits your tolerance for risk and investment time horizon. It also helps if you do a little homework before diving in head first.
The best investment tips I can think of is to start investing now and earn an average annual return of 10 percent — ambitious, but possible — and you’d have to invest about $7,400 a year to get to $3.26 million in 40 years. But if you wait 10 years to start investing you’ll have to set aside nearly $20,000 a year.
Start early with whatever you can…[Read more]