So, tell me how! Buy property or put in mutual fund? Part 3.
Remember, all salespersons want you to buy something. A mutual fund salesperson wants to promote his funds. A broker/agent wants to sell or rent his listing. Nothing wrong.
Therefore, the answer to the above question depends on whom you ask the question to. A fund manager/sales person would want to say mutual fund is better. Vice versa, an estate agent or negotiator would say property is better.
Standing in between, and being more academic I summarize into two sides.
- Risk Appetite: High – mutual fund; Low – property
- Careful and meticulous: High – mutual fund; Low – property
- Eagerness to learn: High – mutual fund; Low – property
- Lifestyle (frequent changes): High – mutual fund; Low – property
Tomorrow, I will answer the question of RM500k, buy or not to buy, shorten or not to shorten the loan.