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  • Profile photo of BrunellaBrunella
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    @brunella
    Join Date: 2011
    Post Count: 3
    April 20, 2011 - 9:57 am

    Like all investments it pays to do your homework before you take the plunge into property investment. But even with rising interest rates, a sound strategy can pay off. The shortage of rental properties, combined with rising prices in most markets, means that if you choose the right property and make sure you keep a close eye on your investment, you could reap the rewards.

    Profile photo of BrunellaBrunella
    Participant
    @brunella
    Join Date: 2011
    Post Count: 3
    April 20, 2011 - 9:52 am

    Thanks for sharing that article with us.

    When investing, don’t let fear, regret and greed drive your investment decisions. Get professional help and develop a plan that fits your tolerance for risk and investment time horizon. It also helps if you do a little homework before diving in head first.

    Profile photo of BrunellaBrunella
    Participant
    @brunella
    Join Date: 2011
    Post Count: 3
    April 20, 2011 - 9:44 am

    The best investment tips I can think of is to start investing now and earn an average annual return of 10 percent — ambitious, but possible — and you’d have to invest about $7,400 a year to get to $3.26 million in 40 years. But if you wait 10 years to start investing you’ll have to set aside nearly $20,000 a year.
    Start early with whatever you can afford. It will make life much easier later.

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