Why Investing in Real Estate at a Young Age Makes Sense?
Written By: Rochele Espiritu, Golden MV Intern “Why Investing in Real Estate at a Young Age Makes Sense?”
Investing often becomes more important for people in their 40s and 50s. Not only is it approaching retirement, but it is a time in life when people begin to think more about planning for their families and their own future. However, times are changing now. Young people, especially those in their 20s, are investing in real estate these days. Real estate is one of the most profitable long-term investments you can make. These are some of the benefits of investing in real estate at an early age.
These are some of the benefits of investing in real estate at an early age.
1. The time advantage
As a young person, you have the greatest asset: time. When you start investing in the early stages of your career, you have plenty of time to research, learn, and achieve. Nothing can stop you at this point. Even if you make mistakes, the effects are minimal, as you have time to correct them and reap the benefits.
READ MORE: THE ULTIMATE GUIDE TO REAL ESTATE INVESTING IN YOUR TWENTIES
2. Retire early
If you start investing early, you will soon benefit from it. That way, you can retire early and travel the world. You can do all you want or check things off your bucket list. If you invest before age 50, you have about ten years to get what you want. However, if you start investing at the age of 20, you can make a profit and retire at 40 or 50, but still, have a happy retirement.
3. Managing risks differently
In the event of risk or conflict, as a young person, you may face it differently than your older peers. Your entire approach to the investment business will be fresh and attractive. In addition, since your enthusiasm and motivation will be very high, you will be able to mitigate and manage all the risks that come your way with ease.
4. Easy-to-use loans
Everyone needs financing to invest in real estate. This is where home loans come into play. When you are young, you have a lot of time to pay off your loans and that gives you an advantage over someone who is starting to invest late in life. For example, if you start investing in your early 30s, you have more than 30 years to repay your loans. This period of time allows you to have long-term loans at low-interest rates.
5. Afford to take small steps
Last but not least, you can take it one step at a time when it comes to real estate investing. Unlike investing in your 50s, investing at a young age allows you to test, test, and ultimately succeed in real estate investing at your own pace. Investing in real estate at a young age brings benefits for life. So go ahead, take the step and do the best you can; you will surely get fruitful benefits.
In conclusion
Death has been a sensitive topic for all of us, especially for a loved one that we truly care for. These days death has been a common occurrence to us especially on social networking services like Facebook, every day or almost every time I scroll through my feed I would always see a “candle” profile picture wherein they are commemorating the death of their loved ones, either due to pandemic or through other complications. The fact that death has been a common occurrence from this time, how do we accept this, how do we learn to accept the unacceptable. The reason why we grieve is that we have loved and the death of that loved one is hard for us to accept. And while each person’s gratitude for love differs from other persons.
Think of time as a precious resource that could be considered as gold, it is that precious, especially in memorial lots. Investing your money is a safe bet in securing guaranteed money for your future also a good retirement if you have
bought a fairly decent amount of memorial lots while you are still working, also if the time comes for you to leave you wouldn’t burden your loved ones because you are prepared. What better way of saying time is gold when you are investing, especially if it’s as trusted of a company as a Golden Haven.
Investing in a memorial lot may be the last thing on many people’s minds under normal circumstances, as leisure and other mundane matters frequently take precedence over matters such as a final resting place — for themselves or for those they love. However, realizing how fragile and unpredictable life is may motivate you to make wise decisions now, such as purchasing a memorial lot at any of Golden Haven
Written By: Rochele Espiritu, Golden MV Intern “Why Investing in Real Estate at a Young Age Makes Sense?”
About Golden Haven
Golden Haven Memorial Park is a subsidiary company of publicly listed Villar-owned Golden MV Holdings Inc. Currently positioned as one of the largest real estate companies in the country. Golden Haven offers premium death care services and prime memorial lots. It is dubbed as the most lucrative real estate investment with an average of 20% annual value appreciation.
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