AHMAD HASSAN® replied on Monday, August 8, 2016 07:45 AM
If one isn't player of stocks, canot start business like industry etc. And if funds are less then he can invest in mutual funds. Safe & good alternate of property too. Dosn't need to invest in million from day one. One can add funds on monthly or quartly basis. I invested with ABL Islamic funds. It doubled in 4 years. One should ve multiple options.
@ Real Estate is the Best. Property shouldn't be a single source of earnings. Yes agreed with you that property is a better place to park money than banks. But one should explore all option. not all in Pakistan are earning from Prisim 9. There are billions not aware of this name even. People earns then buy property.
@Zia Please don't insult or try to snub others. You can write your comments, you ve right to agree or disagree.
Few years back my own elder brother lost his job and received RS. 2 million as a end of service benefits. That day he had two options, either buy 5 marla prisim file and sit quietly or to start a low profile business. He bought 2 Kanal land on BADIAN Road in 1.1 Million. Rest money he used for boundry wall, one small hall, and started business of Packing with companies who outsourced this job. That also help him to introuce own brand name and to start own export. Based on need he brings labor on daily basis. He bought & kept few goats too for BARAKKAH :). Now last year he purchased 5 marla plot in Prisim. Today value of his 2 kanal propety is 8 million that he is selling to buy more space to expand his business ( no 5 M prisim plot is equal to 8m yet). The purpose of telling this is only that don't stop exploring multiple options. Pakistan is the best country to live, work & earn. There is a huge potential outside this sector too. This is the only reason property business grow & people are earning from property also. The alarming situation is only external debt that has been reached $76b. No idea how & who will pay. |
