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RE: SAVING OR INVESTING!!! WHICH ONE IS BETTER?
@locikll, I share the same view with you. Actually, investing in property will cost you a lot of money here. I'm saving money to do that.
thanks for your comment here.
Yeah the property market is pretty expensive in general, what you want to do is (I think I've said somewhere else so I might make a post about it later :P), if you want a property for ROI (Return on Investment), you want to develop an ROI Ratio, this is a ratio that is: Ratio = Rent / (Mortgage payments + Rates + Building + body corp Fees [apartments] + depreciation + interest), where the '/' is divide, upon comparing 2 properties to purchase, the one with the higher ROI Ratio should be the one to purchase. There are also other things to consider but I'll probably write a post about Smart Algorithmic property Investing in the future
@locikll, Thanks for this feedback. I have followed you. Looking forward to the proposed article.
Thank you very much! I will probably make a start on it soon
You are welcome.
Just finished writing it :)
I'll be checking that post out as well.
Followed :)
I'll go through it later. Thanks for this reminder.