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invest in a business or property? what would you do...

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SantaMar
Regular Contributor

invest in a business or property? what would you do...

hypothetical...

 

would you invest 10k in a business that is risky but has the potential to grow significatly at the expense of your time, im talking 24/7 committment?

 

or

 

would you purchase a home for 30k that would be turnkey 800 a month rental.  comps in area are selling for 50k so there is equity gained with the sale instantly. 

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enharu
Super Contributor

Re: invest in a business or property? what would you do...

It depends on your risk preferences vs. rewards, and how much free time you have. If you can make a lot more money at a lower risk doing something else (i.e stable high paying job) then go with option B.
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