Property First or Stocks First ?
Every now and then, I will be asked this question … “Marko, I have $50K cash, what should I buy first, property or stocks?”
This Question is one sentence. The Reply is many many sentences.
I have friends who can invest in both and make good money.
I have invested in both and realised that I am happiest with properties and businesses.
With that, my answer to you will be based on my track records with Property (you don’t want to see my track records with shares, its worst than my PSLE).
With S$50K, I can buy a property and have a pocket money (passive income) of $500 to $1000 every month after deducting every expenses. (Actually I can do that with lesser money).
If that does not excite you, and you want to grow $50K into $100K in no time, I can do that too with property, but I was told its easier with shares during this exciting times. (Keyword : easier)
So, tell me, what excites you ? Passive income every month or a Lump sum.
Or how about this ? how about having both ? is it possible to have both ?
Tell me your answers below and I will share more of my tots.
Cheers to a beautiful cooling Monday. .. I am off to a park, find a nice shady tree and do my TRX ! yay!
Love,
Marko
Investor, Practitioner and Full-Time Coach.