Topic: You have enough money to purchase either a house or a business. Which would you choose to buy?
I would like to buy a house rather than a business.
1. If price went down, at least I could live in the house. However, if business did not go well, I would loose my money until selling the business. In addition, selling business takes very long time.
2. Personally, I am not interested in business and I don't have any knowledge. If I bought a business, it would be out of order in short time.
I can't not find other reason... in my personal opinion, teachers(I was a teacher.^^) are usually not good at investing. To be honest, If I had enough money, I would put that money in the bank maybe. ...-.-
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6 comments:
you must know me...I'm Eric. next time i meet you i'll tell you.
you know what, buying houses is a kind of business. so i prefer to buy house. if the price of house goes up, i will sell the house.
by the way, i can not figure out the meaning of your blog's title~
could you tell me?
Hello! As economist I think... :) I would like to buy a business. For sure, there will a lot of problems with it the first time, but I'll try to do it really seccessful. Later on I'll have a lot of money and buy a beautiful house :) It's my dream! Thanks for making me feel it could be true...
??? I dislike business, but I like houses; therefore, I'll choose a house as an answer to your question. I'm 2 young 2 talk about business; besides, what i'm interested in is science.
But I still need money, for myself and for my beloved parents and grandma.
Sorry Eric!My title is Latin. I knew it from movie " Dead poet of Society". It means "enjoy your current life and do your best in any difficuties.
I was laughing when I read Oksanna's comment. you are a real economist! haha
Yun,
Either buying a house or starting a new business is a very good investment. The amount of profit on those investments depends on how much risk you are willing to take. It is also like a "two-side coin". Although investing in real estate is always safe, it takes time to get appreciated. Rationally planned business does give you more chances to get quick return, however it is not always safe. So, it is your choice to take a risk and get rich quick or be patient and wait until the moment is right!
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