Assets are good:
A lot of people feel the need to buy assets. Actually this is not a bad thing, in fact it is good. It signifies foresight and shows that people are willing to think about the future. Investing in an asset is more or less the same as investing in a bank. The money however may grow much faster than it will in a bank. It is generally taken as a rule that in around seven years, the money you put in a bank will double. But with some careful investing and the right choices, you can get your principle to double in two years!
Different people think different when it comes to getting assets. Some people want something that will last long and that can be kept in the safety of a bank locker. They want something that is tangible. People like this go for investment in gold. Actually this is the most common form of investment in assets. Gold is a safe bet because it will not go down in value. Also, over the last year the value of gold has increased by about sixty five per cent. This is a huge jump, and though the growth rate may not be quite as big in the future, there is no way the value will come down.
Land is the best option:
Then there are the other sort of people who don’t really feel the need to periodically examine their assets, they just need something that will grow, something that will be a good value for their money; that is one of the primary reasons why people buy flats fore e.g the prices of Flat in Banjara hills are skyrocketing at the moment and and for people who have already bough a flat there, it means more profits when they sell off the flat. People who invest in either a flat or a piece of land will definitely have their money’s worth. There are so many different ways in which you can invest in land, if you are so disposed.
There are a number of ways in which you can invest in land. For one, you can buy plain land itself. This in itself will be a great option, because land is something that, like gold, will never go down in value. Whatever happens, wherever the land is located, the only thing that will happen is that the value will go up, but definitely not down. Wherever the land is, whatever the place, there will soon be some manner of development happening at the place and so the value will go up.
Getting an apartment:
The other option is to get yourself an apartment. There are so many different kinds of apartments that you can get. For one, there are the usual one or two bedroom apartments that you can get, which is quite easy. Then there are three bedroom apartments, and villas and mansions, all you have to do is contact an agent to get yourself the place. It is a great thing to have a good place somewhere, which is an indication of how much money you potentially have. Considering this, it will be a great idea to get an apartment in Beeramguda, and it will be a good investment for the rest of your life.
June 2, 2013