We have heard a lot recently from the doom and gloom merchants about not investing in property becasue of the crash etc etc.. but where is safe to invest your money!!
With the collapse of mega investment bank Lehman Brothers it certainly isn't safe in a bank any more. Your money is just a figure on a screen and if the bank goes bust the figure can just disappear, just like that.
Hiding it under the mattress! not much good either if your house get burnt down or burgled.
Maybe long term property it a sound investment after all.
I know where I will invest my money!
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2 comments:
I guess you would say that Simon, your an Estate Agent.
Yes I would. I am also a property owner with a large mortgage. Its tough for everyone at the moment even us Estate agents but if people can hold on to their properties I believe they will benefit in the long run
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