Best investment you should look out for in 2022.
If you desire a better future, you need to plan it when it seems you don’t have anything to make it happen. The better future you wished for is a process of the actions you take today. Know that the best way to invest in your future is to INVEST now in 2022.
What’s Your View About Investments?
When I say investment, I’m not referring to getting wealthy quickly or bringing N10,000 and getting N100,000 in less than 24 hours. However, it simply means “the commitment of current financial resources to achieve higher gains in the future.” There are a lot of legit investments out there, but most successful and wealthy men in the past and present invest more in real estate which is a tangible asset and appreciated with time.
Know that “real estate” simply means property consisting of land or buildings. Most people, especially youths, think that real estate investment is for the elites. Yes, you need money to buy real estate but some real estate firms Like ADBOND Harvest and Home Ltd. give room for every set of people to own a future space(land) by diversifying. Customers can begin a payment for as low as N18,000 to secure a landed property. Likewise, payments are spread in the space of 12 months at the ease of the buyer. No one is an exception, even a secondary school student can afford them as their land packages are being structured.
According to Andrew Carnegie, a Scottish-American industrialist and philanthropist also one of the richest Americans in history assert that;
“Ninety per cent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.”
FACT ABOUT REAL ESTATE.
Know that Investing encompasses risks and rewards – and usually the higher the risk, the greater the potential for significant gains and losses of invested assets. However, it’s important to buy real estate from a trusted, experienced and futuristic real-estate company, this will save you from a lot of risks. We understand that it’s necessary to take more investment risks to achieve higher returns. But how much is appropriate? And how can you quantify investment risk to figure out if it’s a chance you must take.
7 Ways To Minimize Risk in A Real Estate Investment
1. Learn About The Real Estate Market In Multiple Cities.
2. Select The Right City To Invest In.
3. Understand The Micro-market And Its Trends.
4. Select A Project-Based On Its Functional Attributes.
5. Select A Project At The Right Stage Of Development.
6. Understand Your Financial Time Horizon.
7. Visit the site before making any payment.
To be a more profitable investor in real estate, late Will Rogers, American entertainer, radio personality, film actor, and writer advised that;
“Don’t wait to buy real estate. Buy real estate and wait.”
This implies that after you might have considered the ways to minimise risk In real estate highlighted above, you should buy real estate when it’s cheaper. However, when it is expensive, you might not be able to afford it.
Real estate is a massive asset class and its popularity with investors is well-deserved. An investor who exercises prudence and diligence before investing, as outlined above, can benefit from the safety, security, and low volatility of this asset class while avoiding undue risk.