Investing in real estate is better than 7 in the bank

[Shayo]

Real estate is a good and wise investment, you can never go wrong with real estate. If invested in the right ones, return on the investment is usually huge.
Also, it is true that money kept in banks do not appreciate, since there is little or no interest at all coming but that doesn't mean you should have some money kept in bank for emergencies as well.

 

[Robrown83]

Investing in real estate is far better than saving money in the bank because the money you save in the will only get little interest on it which can never reach the money you derive from the real estate investment. And real estate investment is a long time investment.

 

[Donkiz]

Investment is far more better than saving money in the bank. Investment has the ability to make you rich, while the money you save in the bank will only add little or no interest, and might even reduce in purchasing power. Therefore it's better to identify hood investment opportunities and invest your money instead of leaving it in the bank.

 

[Olubayo12]

Your money in the bank simply makes the banker richer, while your money in real estate makes you richer. Because if you save money in the bank, the money will be used by banks to give loans to customers and you will be paid interest. The difference between the interest given by the customer who loans your money and the amount given to you is taken by the bank. Thus, making the bank richer. on the other hand when you invest in real estate the difference between the price you bought the property and it price you are selling it is taken completely by you. Thus, making your richer. Hence, investing in real estate over bank saving is a very profitable idea both in the long term and short term.

putting money in the bank doesn't amount to anything but peanuts they pay you as interest from which an unreasonable charges will be deducted every time, so why not investing such money and be making returns on it instead of saving it??