In today’s “hostile” financial climate we all need to tighten our belts and hold off on spending. The world is changing and big things await those that have patience. Now is the time to save and get ready for the big turnaround.
If you ever wanted to get into the property market the time is coming soon. As soon as the financial tide turns there will be lots of bargains up for grabs. Now I know that there are bargains out there now, but I would caution any one, that wants to be a real estate investor, from buying now. The market, and this is just my opinion, is not stable yet and we are still in for a rocky ride.
Instead of buying every “bargain” now, rather save up for when the time is right. The more cash you have in hand the better. If you have cash, you have negotiation power and you can get property at even better prices. And once you get a foot in the door, at the right time, your real estate empire will grow.
Now there are lots of ways you can start saving and one affective way is to make sure you have the best credit card deal, you will be amazed how much money you can save, and then pay off debt, if your credit card rate is good. And sooner than you know your debt will be paid off and you are financially free.
So start getting ready today and when the tide turns, you will reap the rewards
Welcome back! Where have you been?
Yes, we are living in interesting times, and not many people know where all this is going to end. Does anyone?
I agree with you regarding waiting it out for now. The next boom is not going to be in the next couple of days. There is to much bad credit to sort out of the system first.
I have seen commentators on the internet and Bloomberg, that the saferst bet now is Gold, even if it is high now. The reason is… inflation. Zim type hyerinflation. USA, UK, Japan are all printing money like mad the last couple of years. And it will not stop. It will increase. They are trying to spur the worlds economies by spending more money that they don’t have. And they need to pay the interest on their debt, that they don’t have. They need to keep the people happy to stay in power, so they don’t allow bankruptcy. So where is the money coming from? The presses!
I think the best time to buy property will be after the Gold has peaked after hyperinflation and reset of world markets. So make your money in gold, sell at the right time and buy property for pennies.
Good luck!