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

newbie
Activity: 123
Merit: 0
Investing in a car or a house is a pseudo, investing with charity, because the future is not when we live in the world and aging, the future is when we die, the real future begins there. yes, when we die, it's all just begin..
newbie
Activity: 36
Merit: 0
the safest is not the house but the ground it stands on.

world population grows but the space stays alway the same.

i agree on this.  would invest in a land property because its value appreciates compared to house.  wouldnt invest much in cars, because its value also depreciates.  one or two cars for me is enough.   Smiley
newbie
Activity: 56
Merit: 0
A nice car is not that expensive like everyone says, it's just because they are jealous.
jr. member
Activity: 58
Merit: 10
I would invest in 10 houses to rent...
newbie
Activity: 224
Merit: 0
Of course house is better than car.
newbie
Activity: 27
Merit: 0
I would prefer to answer neither.  Yes I would buy a house and a car if I got a million dollars, but these two are definitely not investment, not by a long shot.
newbie
Activity: 50
Merit: 0
I will invest it in a house because the price of it is getting high as time passes by and I think that is a good investment.
newbie
Activity: 116
Merit: 0
For me, I wish I can invest with that 2 house and a car even if a small house or small car in my future so that I cab use this two I have my own family and I hope This will be granted as soon as possible.
newbie
Activity: 87
Merit: 0
If I have a millions, I would invest in a house first then to a business... After that, maybe in a car also...
newbie
Activity: 44
Merit: 0
If I have that million of money I will buy both car and house and lot. And the remaining is for the church.
newbie
Activity: 37
Merit: 0
if i have millions, i could buy both. but if to choose only 1, i prefer to buy a car because i already have a house.  Grin
newbie
Activity: 20
Merit: 0
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 .

for a little longer I choose to invest home, because the house is something that is necessary for the shelter when blazing and rain, automatically everyone is very interested in the house, the house is very effective if leased with the very basic needs, the condition of the price will increase from time to time so invert the house will not be a loss in spite of a long time ,. in contrast to cars that will easily lose the price with the release of a new model car.
newbie
Activity: 48
Merit: 0
a house is an investment, a car on the other hand is very convenient but a vacuum for your money too lol

if a lot of money I more invest to the car, because the car in the present is already very necessary, both for style or urgent interests, easy maintenance, and easy to buy or can be leased to the needy. if the invest to the house in my opinion can be but for the sale a little different from the car that is generally much in love people.
newbie
Activity: 33
Merit: 0
copper member
Activity: 81
Merit: 0
I would buy both, but if I have to choose only one option, of course I would invest in a house.
because the price of the car would start to drop from the very moment I buy the car while
the price of house would go up or at least remain at the same. (based on situations in my country..)
legendary
Activity: 3906
Merit: 1373
Motorhome.     Wink
newbie
Activity: 82
Merit: 0
If I have millions I will invest in a house. There a lot of risks associating with car investments and it is not a stable investment. It can be affected by exchange rate. Investing in a house is more stable investments with lesser risks.
jr. member
Activity: 182
Merit: 5
If i had to choose one,  would choose house. But otherwise i would not buy anything and just travel the world.
newbie
Activity: 175
Merit: 0
Car is not a good thing for investments, only if you want to buy a really old and rare car - then yup. But house as investment is much more reliable. You usually don't break house and it's hard to hijack a whole house. With some exceptions for sure. But really both are a crappy choise for investment. They are "Must have" things, not a thinng to get profit of.
newbie
Activity: 42
Merit: 0
If i have millions i would basically invest it in house because its a place where you can live and enjoy it with you family.
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.
jr. member
Activity: 168
Merit: 9
Buy more currencies  Grin
buy more bitcoin
newbie
Activity: 59
Merit: 0
Well, if you have millions then - why not get both???

But if I was to choose which either then I'll go with a house. You spend more time in a house than a car, right? Plus if your location is urbanized with less housing units that would mean bigger money if you opened it for rent. Maintenance on houses is easier than cars, you can do it yourself.
newbie
Activity: 154
Merit: 0
well, I think house or apartment that you could rent is much better investment than car. Or if you buy some limited edition super car (McLaren P1, Pagani Huayra etc), the valuation of them increase with every year...
newbie
Activity: 34
Merit: 0
a house is an investment, a car on the other hand is very convenient but a vacuum for your money too lol
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