Quote:
Originally Posted by ROSETTA
[FONT=Arial]My Regards to the community, I am working in a private firm and really want to secure my future by doing some investments as I can’t be so dependent on my current job forever for all my basic needs. . Can somebody help me, to make me decide that where should I invest my money to get long term profits? > >[/FONT]
|
It is important to evaluate what you current financial status is, before you start an investment program. Real Estate is good if, and only if, you can purchase your first home without an Adjustable Rate Mortgage.
Next, plan to purchase your home with an eye toward [B]living[/B] in it, not just flipping it. This allows you to make upgrades at a leisurely pace while preserving your credit rating and the euqiqty can be used to purchase your next property.