Which is the best investment winner? Education is key🔑

If you have missed the previous options, go back and read them.

Who wins the game?
Be honest with yourself: which of the four options below did you choose at the start?
If I gave you $100,000, what would you do with it?

Put it into a savings account
Buy shares
Buy one property @ 80% mortgage
Buy two properties @ maximum % mortgage

Now that you’ve seen the potential results, would you have picked differently?

Comparison of placing $100,000 into various investments after 10 years.

The winner is very clearly the person with two properties. This is why I said at the start that how you play the game makes a difference. Some people will think that a savings account is better while others will rather opt for shares. At the end of the day, your education changes the result.

Now that you understand leverage, you know to buy properties with the minimum amount of your own money and the more properties you’ve got, the better.

When I got back from Iraq in 2006, I was in this very position. I had $110,000 in the bank and needed to invest it. My then-wife’s family convinced me to go and see their financial advisor. I asked him what he would do with my money if I gave him $100,000 and you can guess what advice he gave me. He went with the shares scenario (option 2) and told me he’d double my money in 10 years.

I then showed him option 4 and what I could make by buying two investment properties. He just sat there and stared at me. I asked him why I shouldn’t go this route and he responded by telling me that he couldn’t advise me on real estate investments. His licence didn’t allow that. From that day onwards, I understood the property game. I also realised that accountants and financial advisors don’t always know best.

Stay tuned for more daily insights from Wealth Through Property.

~Daimien Patterson


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Legal Disclaimer: This information ('the information') is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. All investments involve risk and potential loss of money. If you require advice in any of these fields you should contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Daimien Patterson, IntegrityX Enterprises Pty Ltd, and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Daimien Patterson, IntegrityX Enterprises Pty Ltd and their associated trading names, companies, researchers, authorised distributors and licensees, employees and speakers disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.