Rather investment savings accounts than investing in property?

Author	Message
Written on: 13.11.2009 [05:10]
Holland Holland Topic creator Posts: 3	With the way things are at the moment is it better to keep money in investment savings accounts or invest in property?
Written on: 16.11.2009 [03:38]
James James Posts: 4	It depends, do you want to buy to invest and make a profit, which can be tricky but very profitable or to simply invest for safe keeping. Buying a house for a roof over your head is very wise, and if you have money, now could be the time for you as the majority of property prices are a lot lower than they once were, allowing you to get more for your money.
Also very interesting: Which ISAs & savings accounts are crisis-resistant? Who offers the best internet savings accounts? How does investment account interest work? Any disadvantages to investment savings bonds? Are National Savings’ certificates/index-linked savings secure? What is the best savings/investment plan for long term investment? Question about rates on fixed deposits (HDFC Bank). Standing order for my National savings investment account What is the National Savings’ direct ISA? Are the best saving accounts just regular savers?
Written on: 25.11.2009 [12:57]
Kirt Kirt Posts: 6	I would definitely go for property, it is showing that most people are renting now, so if you can afford to buy a property you wont be short of finding tenants, and that is a constant income, investment rates at the moment are low so you are better off this way. You just need to make sure you research in to buying a property and know a lot about becoming a landlord as it is more work and expense than people think. There is insurance, legal contracts and much more to consider.