'Lots of people I know with cash are investing in property to create their own pensions. They can get a definite pay back with that. The same money in a pension now is a waste of time.'
Properties have massive downfalls that people don't seem to see, prices cannot just go up and maintaining the property and paying the mortgage when it's empty, high interest rates, why do people think that properties are gold, they are not, never have been never will be.
A balanced portfolio of property, gold , shares isa and cash is ideal, all eggs in one basket is asking or trouble.
Properties have massive downfalls that people don't seem to see, prices cannot just go up and maintaining the property and paying the mortgage when it's empty, high interest rates, why do people think that properties are gold, they are not, never have been never will be.
A balanced portfolio of property, gold , shares isa and cash is ideal, all eggs in one basket is asking or trouble.
