Whether its real estate property or a car or any other big ticket item, a wise investor will not use credit to purchase the item. It’s always best to use cash. We know using cash will take a lot of time therefore it may take a lot of time to build the fund to purchase. That’s true. If the item will generate income, then leveraging on cash and using credit from loans will be ideal. But if it’s for personal use, would you really be ok giving out interests which could be 60% of the cash amount? Fortunately, there is a way to save less cash then allow compounding to hit the target amount. Here’s a sample:
If you dream to make a big-ticket purchase in 10 – 15 years, consider investing in Elite 5 or Elite 7 products of Pro Life UK. The return will help achieve your goal.
Contact me for details on how to go about it.