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Topic: if you have millions, would you invest in a car or a house? - page 2. (Read 264 times)

newbie
Activity: 50
Merit: 0
A property that will become commercial in the future.
newbie
Activity: 22
Merit: 0
I would invest in real estate and cryptocurrency.
newbie
Activity: 97
Merit: 0
If I have million's I would rather invest it on a house for my family to have a stable shelter were I can relax and enjoy together with my love ones.
newbie
Activity: 140
Merit: 0
In both! it is better to invest in many projects
newbie
Activity: 56
Merit: 0
well if you had millions, you could buy both? I would invest in gold, crypto and property.
newbie
Activity: 308
Merit: 0
I'll invest in some kind of cleaning industry to invent the absolute cleaner for air, water and ground
jr. member
Activity: 210
Merit: 1
A house of course because its more important than a car.
newbie
Activity: 17
Merit: 0
cars and homes are a very good asset for the future. both are mutually needed for survival. so I want to invest car and house for future assets and welfare of family life
newbie
Activity: 21
Merit: 0
A house obviously Cheesy
newbie
Activity: 113
Merit: 0
I'll invest it with land wherein I could build condominiums or hotel as a business so that money could still keep on coming after I use my millions, not a car but I'll invest on car company to pick the best car for my needs.
newbie
Activity: 185
Merit: 0
home is the most important, what is the use of a car if you do not have a house. so i chose car haha
newbie
Activity: 68
Merit: 0
A simple trick for investment is understanding 'Asset' and 'Liability'.

The asset is something that brings you money.

Liability gets money out of your pocket.

A car is a liability unless you are a cab driver and making money out of cars. So, cars could be expensive to have...repair fees, insurance, gas. It's getting money out of your pocket.

The same scenario goes for the house but buying a house is a good long-term investment considering real estate prices are bound to go up most of the times. You can rent it, resell it to make more money.

It's being said that an average millionaire has 7 sources of income, and that's can be achieved by assets.

It's all relative, you need to identify your assets and liabilities.

I am a freelancer, for me, my laptop is an asset for other people it might be a liability.

member
Activity: 86
Merit: 36
Definitely a house. The re-sale value is higher, and you spend much more time in it. If it is a particularly nice house, you might spend a significant portion of the rest of your life there and have a large share of your best memories there. Most of us only spend an hour or two at most in the car each day. I think it makes more sense to invest in a lush house.
newbie
Activity: 55
Merit: 0
I will definitely invest in house. There are a lot of risks associated with an investment in car than house; there could be accident, theft, mechanical faults, exchange rate imbalance and a lot more. Investment in house or landed properties is more stable and reliable than car
newbie
Activity: 23
Merit: 0
I think im gonna invest a house.
Because, land price kinda picky and land resource kinda limited.
newbie
Activity: 7
Merit: 0
I think i would invest on houses because house first of is more important than cars and when you house is a mansion and someone rents it the car will be an easy goal.
newbie
Activity: 17
Merit: 0
if i have a millions i will invest it in to business for my money will earn also and become plenty money again, and i will buy my car my house.
newbie
Activity: 28
Merit: 0
if i have a millions of course i invest a house for my family and my husband.because is our comfortable and a safe place.car is convenient but i choose house.you can buy car or change it anything you want.but house is not easy changes becauae home is a home.
full member
Activity: 602
Merit: 100
If i have millions money , i would like to invest in a house and lot , because a house that has a lot is a big investment nowadays , not like the car . Because cars can be replace in an instant and can be sell in an instant. And if i have millions i can go every where in this world , and do anything in this world. I would like to help some charities specially the young ones .
full member
Activity: 238
Merit: 102
the safest is not the house but the ground it stands on.

world population grows but the space stays alway the same.
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