What is the BEST investment a normal person can make?
A am a normal ( non rich) person, but I want to see my money grow. What is the minimum amount of cash that I have to save, and what should I invest in? PS anybody sends me to some Internet scam spam site, will be reported, serious investment options please.
Investment best answer:
Answer by Alpha Beta
Buying a property like a small single family home that you can rent out to someone else is a reasonable investment and does not really take a lot of cash. Basically, someone else pays the mortgage and other costs.
In fact today is one of the best times to buy property because prices have dropped.
Over time, real estate has always gone up in value because people will always need a place to live. You can start small ... talk to a bank to find out what you qualify for, look for properties that may be in decent neighborhoods, need a little work like painting, landscaping, new carpeting, etc.
Investment
IMF Conference: Sustainable Investment scaling up in LIC
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IMF Conference: Sustainable Investment scaling up in Low Income Countries
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