Thaksinssoldier
Well-Known Member
- Joined
- 28 Jun 2009
- Messages
- 10,107
Dividends as well as share value, a good property investment brings in revenue to cover investment costs and leaves you with a saleable asset in the long term. Our old place in Clontarf is rented, after mortgage fees and costs I'm lucky to make a few hundred in the year but in 14 years I'll have a retirement fund. Luckily the tenants are good so it's a happy story (renting it at under market value to encourage them to stay long term as it's probably the better option).
Yeah even renting is getting harder to make money out of, I'm sure the govt will squeeze that for all the cash that they can!
It's getting harder and harder to make money make money though, crypto was a lucky scam for some, but even banks can't offer an interest rate these days. Land aint going anywhere!