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What should be best investment decision.

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by SheikhNaveed, Jan 21, 2018.

  1. SheikhNaveed
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    SheikhNaveed New Contributor

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    What should be wise investment? Property or Crypto? While property is paying you $180 as monthly rental income. Investment is $35000. I own property worth $35000 and thinking to sell in order to invest in crypto?
     
  2. JScott
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    JScott Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    If crypto is paying you $35,000 a month, I think that's definitely the right choice.

    Of course, I've heard that a lottery ticket can pay you $100,000,000 in one day, so maybe that's a better choice than crypto or real estate?

    On a more serious note, if you have to ask this question, I would seriously recommend that you take all of your money, stick it in a CD and start learning about investing. Anyone who would ask whether real estate or crypto is a better investment isn't yet ready to start investing.

    One day, you'll come back to this post, and you'll understand why I'm saying what I'm saying. Until that day, leave your money in the CD...

    EDIT: Btw, I invest a lot of money in both real estate and crypto. My point above wasn't that there's an obvious right answer to your question -- it's that your question is just a really horrible question... It's like asking, "What should I do this weekend, go to the movies or breathe?"
     
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  3. jpmartin
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    jpmartin Jedi Master I've Read UNSCRIPTED

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    That's about a 6% yield annualized assuming you don't have any debt on that.

    No the difference between Cash Flow, Investment & Speculation. Your property is providing you a cashflow, if it wasn't rented you could say it was an investment. Cryptos are speculation, unless you believe you can collect a better yield for them (you can by lending either your fiat or cryptos to the exchange for a yield).
     
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  4. justonemore
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    Just my opinion, but I would only put a small amount of play money in crypto. Instead of buying a new TV, maybe use that money for crypto. But don't sell real assets to buy it....

    Crypto is a bet. It's not an investment.
     
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  5. Daniel...D
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    Well at the moment, crypto is very popular. But I'm still afraid of it...
     
  6. mrarcher
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    mrarcher Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    I think you should change the word invest to gamble and then ask yourself the same question.
     
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  7. rogainer
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    rogainer 10 2 10 FASTLANE INSIDER Speedway Pass

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    I usually shy away from crypto discussions because they turn into gong shows. But you guys know what's going on. Great advice.
     
  8. ZCP
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    ZCP Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Use your profits from rental income to invest in crypto.....
     
  9. ZCP
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    ZCP Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    When you make enough off crypto, buy more property.
     

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