Investing
The process of investing, including property investment could in simple terms describe the process of purchasing or putting money into an asset with the expectation that it will gain in value at some point in the future to return a profit when that asset is eventually sold.
There are a diverse range of investments to choose from, such as stocks and shares, gold, fine wines, stamps, antiques, works of art, jewellery, classic cars, and property… to name but a few.
Your attitude to risk, access to finance, experience and personal preferences are just some of the factors that will dictate what investment vehicles you decide to select.
Investing in property
On balance, many people decide that property is superior to many other forms of investment, mainly because it is a tangible “bricks-and-mortar” asset, it is subject to fewer market fluctuations, and most people have some experience of it.
However, any investment involves risk, and it is important to understand that property values can go up as well as down.
It is also well to remember that understanding and managing your risks, and getting good professional advice will have a significant impact on your prospects for success as a property investor.
The more knowledge and experience of property dealings and investments you have acquired, the more manageable your risks are likely to be.