Investing in real estate and gold is a safe and secure investment, but each has different aspects that depend on the investor’s financial status and goals. Most of us want to utilize our limited resources to achieve maximum profits. Deciding to invest in real estate or gold is a challenging task due to the polarizing nature of the options.
We are about to discuss the distinctive features, advantages, and flaws of both options that will help you make a wise decision.
Real Estate or Gold: Where to invest?
Gold is a precious metal and considered the symbol of aristocracy. Traditionally, it has a social and religious value in Bangladesh. Moreover, Gold is an asset for investing to achieve better profits. Gold prices are related to the international market, as it keeps pace with the global swing of currency value gold’s price increases.
Currently, 1 gram 22/22 CARAT gold price is 17,873.00 taka, but in few years ago 5,000/- for 1 gram 22 CARAT gold.
On the other hand, purchasing and selling process of gold is simple; it is a liquid asset that can be cashed in a moment. One can buy a small amount of gold; having a gold coin or bar is better than jewelry because additional manufacturing cost required for jewelry.
Being a valuable metallic asset, gold has a risk of being lost, so investor has to be more careful.
Investing in real estate is an alluring initiative due to urban real estate has been expanding very fast. In an overpopulated city like Dhaka, a better residential or commercial place is considered the most valuable asset. You can get a better return in the long term from land because land prices always rising. In a study, it is shown that the current land price has increased approximately 1000 times compared to 2006. Moreover, you can get quick rental income from a short-term policy as passive income. Liquidity of real estate is not as high as gold, but paperwork and legal policy shorten the process.
Although real estate or land’s value is related to so many factors like location, accessibility, and level of infrastructural development, investing in this sector is quite a safe initiative so far.
Things to consider before investing.
- Risk tolerance: Choose your investing asset carefully before investing. It may seem gold would be the best option due to is stability and quick return benefits. If you are thinking for long-term growth and a lifetime asset, then you should go for real estate.
- Economic outlook: You must have back and forth about the financial layout of gold and real estate investment. Local market inflation does not affect gold’s net value. On the other hand, the real estate market depends on contemporary economic outlines.
Final Verdict
Real estate ensures long-term value and quick rental earnings, whereas gold is a highly liquid asset that goes beyond inflation and uncertainty. Investing in real estate would be the best investment for your upcoming generation because it secures your family’s economic future. There are so many housing loan policies available from financial organizations. You can pay back EMI money by renting out your asset.
