227, Unique Industrial Estate,
Twin Tower Lane, Prabhadevi,
Mumbai, 400 025. India.
Busting the Myth Series:Myth No.2: Real Estate investment: I can never go wrong with it.
- October 22, 2014
- Category: Busting the Myth Series
This is a sample of an oft repeated conversation at any Financial Advisors office: Client: I am planning to buy a house. Advisor: Another one? Client: Yes. Advisor: Why? Client: For “investment”. Advisor: How will you fund it? Client: That’s why I have come. I want to sell some stocks and Mutual Funds I am holding. I want your advice on which ones to sell. For the balance amount I will take a loan. Advisor: (wondering to himself) Aren’t Stocks and Mutual Funds investments” The problem lies in the client assumption that Real Estate is the only asset, which will […]