So 10k invested in 1993 would generate between 138k and 176k.
So why is property so much better if it only increases by 5pc per annum?
One word !!!!!!
LEVERAGE
Using other people’s money 💰 💴 - gives you exponential returns….. and it seems so much safer borrowing against bricks and mortar than shares …..
If you put down 20k and borrowed 100k to buy a house - and property doubled every 15 years less than a 5pc return pa)
your return on $20k borrowed would have generated 400k !!!
What am I missing?
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