Investment opportunity?
By blog on Jun. 12, 2009.
For the last little while, I have been thinking about that old adage of having your money working for you. I usually just put my money in the bank, and enjoy watching the interest take it up. But that hasn’t been happening as much of late, and now I am less happy to leave it sitting there. You see, with all that kerfuffle that was the economy taking a nose dive, things like interest rates on savings accounts also took a nose dive… so now I don’t get that happy feeling at seeing the bank pay me just for having an account with them… the interest on my savings is a pittance compared to what it was two years ago, and that’s including all the extra I have put in there since then.
As I was filling in time the other day – spending as much time on my computer in my study, trying to avoid my in-laws when they visited earlier this week – I ran across this site with overseas property guides… I hadn’t really ever thought about buying property in anywhere other than the good ol’ UK… but this actually caught my eye.
With a little more research, I found this go-between company that helps with overseas investment properties. Of course this is something that would involve much deliberation, and my SO and I would have to agree on which county to buy a property in, and what to do with it most of the time. See, my thinking is, if I bought a lovely property in a warm, sunny, far away land, like Australia for instance, then I would want to visit it regularly, so if we were to rent it, it would have to be short term leases so that I knew I could use my house when I was on vacation. But seriously, could you imagine lying on the beach, in the hot sun, on Christmas day? I think that sounds fantastic! And there is the huge bonus that then we wouldn’t have any pressure to spend Holidays with family, because we would be on the other side of the planet.
So I really haven’t decided yet, but I will continue to think about it, and probably post about it here, too.
Category: Technology