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Lahore Real Estate Forum: Property News & Community Talk : ,

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   Ms. Fatima Hassan
Saturday, May 23, 2015 10:44 AM 
Reply: >
CMY Sb and experts.

I need your advise.

Mr and my husband have send approx $90,000 in US dollars to send my son to USA for higher education.

We plan to send him after two years.

As the dollar is rising day by day [not good for our country] today it is at Rs 103.40

I was thinking to cash this and invest in REAL estate. Can you kindly please advise where we can invest which will be 100% safe and the return can much higher so when the time comes after two years this investment has increased in may folds and the cost of education will be much more for a four year university in USA.

Please advise the safest investment with the highest return.

Thank you
Paindu replied on Saturday, May 23, 2015 11:07 AM 

How lucky your son is
Raza replied on Saturday, May 23, 2015 11:11 AM 

I would sell the $ and invest in Phase seven. This is my opinion lets see what other experts - Habib SB, Shahzad Qamar sb, Jameel Sb or LRE Team says.

all the best
info replied on Saturday, May 23, 2015 11:40 AM 

I would agree with Raza for many reasons especially if you can find something commercial however please know that property like most other investments is risky business and there are ups and downs on the way.
kamran replied on Saturday, May 23, 2015 12:22 PM 

Dont Send him to USA, Get Education from PK, Better, save money and Live Happy life with ur son, He will spend 90,000 doller in USA, After education he will earn money but he required 4 to 5 years to earn this money again, so After 8 years the result will be zero, no saving, U will loose 8 years of time.
Ms. Fatima Hassan replied on Saturday, May 23, 2015 01:50 PM 

Thank you Raza Bhaie and Ibrahim for your time and feedback. I am looking forward for CMY Sb if he can advise me also.

Once again thank you Bhaie.
Raja haseeb UK replied on Saturday, May 23, 2015 06:45 PM 

Dear aunty :
Mashallah it's good to spend money on education ; infact worth investment. But before investing consider couple of things
Firstly : do u have a backup in case u spending all that money .
Secondly : Pakistans local political and economic situation , u never know anything can happen there , it's so uncertain . Pakistan China project can have impact on dollar , but it's very unlikely Pakistans economy will improve due to current situations . Buy foreign currency other than dollar or gold to be on safe side . Rest good luck .
I don't normally respond here but my parents planned the same so just thought to share my views .
rana replied on Saturday, May 23, 2015 08:49 PM 

Too bad in Pakistan there is not much choice when investing. Real estate is the only avenue it appears. But property investing is highly illiquid. It would take time to convert property into cash and one loses 2-4 lac in cvt, tax and commissions. It is also subject to rapid fluctuations from market forces, as seen with all the hoopla with phase 9 ballot.

Two years until funds are needed is not a long time. I would not risk investing it for fear of untimely dip in the market. I personally have saved all my life for my kids' education. Risky high risk high reward investments (U.S. Stocks and mutual funds) up until hey were 12 and gradually becoming conservative by investing in bonds and U.S. Treasuries when it is close to university time.

Best of luck to you.
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