September 17th, 2009
Investing in Property?
Having just inherited a sum of money i am faced with the challenge of investing it. I have not had to invest a chunk of change before so this is all new to me. Not wanting to make a poor decision I have been doing a lot of thinking about how and where to invest this money. So not having much experience with this I find myself at a loss.
Not being comfortable with intangible investments like stocks and bonds, I thought property would be the beast choice given that. Knowing that the real estate market is at a low this seems to be a good time to make such a move. I began looking around, there are a lot of properties out there single family residential, semi detached residential, attached residential, condos, townhouses, patio homes, complexes and a whole myriad of commercial properties. It is clear I need help! I stumbled across Transglobe property management on line. Seems as if the advise of a property management firm would be appropriate.
I have agonized over the decisions on what to do with this money for some time now. Keeping it in a money market accounts and CD’s really isn’t a good long term strategy. I suppose I am in paralysis regarding this situation as doing nothing seems easier than possibly making a bad decision. Well today I will have to contact Transglobe property management and break this inertia and get these accounts closed out and the money invested. Making up my mind is good, setting up a meeting is better and finally getting this done will be a great relief and put a close to this whole situation.
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