Reply
Regular Contributor
SantaMar
Posts: 117
Registered: ‎03-04-2012

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. 

Super Contributor
enharu
Posts: 7,132
Registered: ‎02-27-2013

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.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}