Sunday, August 1, 2010

Properties: Good Investment

What is the best investment today? Shoes? Bags? Jewelries? Cars? When it comes to material possessions it is wisest to invest in properties. People nowadays likes to invest in tons of stuff. What stuff? People likes to collect shoes. But shoes are worn off after a few weeks and months of using it. You will need to replace them. How about bags? Eventually they'll end up like the shoes. Is it wise to invest in Jewelries? It is partly wise to invest in Jewelries. In case of emergency you can pawn this jewelries in pawnshops, but its value lesser than the original price you purchased. Same with Cars, in which its value depreciates every year.

Then why properties? Because properties value don't just depreciate as time goes by. It's value depending on the type of property increases each year. Your investment is not wasted. Also, In times of calamities like a flood. Your house may be carried away along with your shoes, clothes, bag, jewelries and cars but your lot will always and forever be yours and would stay right there and then.

It is also one of the best useful inheritance a parent can give her/his child. The child can decide to keep it or sell it. In time, the piece of land can be used for commercial. Like, if the lot is somewhat bigger enough for a subdivision to be constructed on it. You can sell it to organizations who constructs housing programs. If it qualifies then that is great.

Both of my parents invested in lands. They ventured in acquiring properties as much as they can. Now this properties are used for rent. We have apartelles - smaller version of apartment. We have a few homes constructed and we let families rent them. We also have boarding houses' for students and we even have agricultural lands. This is also a monthly source of income for our family. So my parents don't need to work hard at their age. They can taste the fruit of their labor. Some of the jewelry gifts our parents have given us are already displayed in pawnshops or sold out. We don't really appreciate the jewelries given to us that much. We're not fond of wearing them too. So, to the pawnshop off they go.

Soon, we'll be having families of our own but we don't have to worry about a home to provide our family. Our parents made sure that my sister and I have a house of our own. The only thing lacking is a groom, haha. At the moment we feel secured that we own something which we can decide to keep or sell.

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