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Author Topic: if you have millions, would you invest in a car or a house?  (Read 264 times)
IcyYew1 (OP)
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March 09, 2018, 04:26:40 AM
 #1

a house is an investment, a car on the other hand is very convenient but a vacuum for your money too lol
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Beyond Seen Screen
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March 09, 2018, 09:35:16 AM
 #2

well, I think house or apartment that you could rent is much better investment than car. Or if you buy some limited edition super car (McLaren P1, Pagani Huayra etc), the valuation of them increase with every year...
ErickMalone
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March 09, 2018, 09:47:28 AM
 #3

Well, if you have millions then - why not get both???

But if I was to choose which either then I'll go with a house. You spend more time in a house than a car, right? Plus if your location is urbanized with less housing units that would mean bigger money if you opened it for rent. Maintenance on houses is easier than cars, you can do it yourself.
mohieddine
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March 09, 2018, 10:06:36 PM
 #4

Buy more currencies  Grin
buy more bitcoin
nuskill
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March 09, 2018, 10:50:51 PM
 #5

the safest is not the house but the ground it stands on.

world population grows but the space stays alway the same.
daniel08
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March 10, 2018, 01:00:47 AM
 #6

If i have millions money , i would like to invest in a house and lot , because a house that has a lot is a big investment nowadays , not like the car . Because cars can be replace in an instant and can be sell in an instant. And if i have millions i can go every where in this world , and do anything in this world. I would like to help some charities specially the young ones .

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Yaen87
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March 10, 2018, 01:40:12 AM
 #7

if i have a millions of course i invest a house for my family and my husband.because is our comfortable and a safe place.car is convenient but i choose house.you can buy car or change it anything you want.but house is not easy changes becauae home is a home.
JP1988
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March 10, 2018, 04:14:21 AM
 #8

if i have a millions i will invest it in to business for my money will earn also and become plenty money again, and i will buy my car my house.
Shinichi Kudo
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March 10, 2018, 04:25:06 AM
 #9

I think i would invest on houses because house first of is more important than cars and when you house is a mansion and someone rents it the car will be an easy goal.
JustReadThis
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March 10, 2018, 04:59:22 AM
 #10

I think im gonna invest a house.
Because, land price kinda picky and land resource kinda limited.
alfresidoma
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March 10, 2018, 06:05:40 AM
 #11

I will definitely invest in house. There are a lot of risks associated with an investment in car than house; there could be accident, theft, mechanical faults, exchange rate imbalance and a lot more. Investment in house or landed properties is more stable and reliable than car
sp564
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March 10, 2018, 08:57:26 AM
 #12

Definitely a house. The re-sale value is higher, and you spend much more time in it. If it is a particularly nice house, you might spend a significant portion of the rest of your life there and have a large share of your best memories there. Most of us only spend an hour or two at most in the car each day. I think it makes more sense to invest in a lush house.

cryptospacemedia
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March 10, 2018, 10:04:36 AM
 #13

A simple trick for investment is understanding 'Asset' and 'Liability'.

The asset is something that brings you money.

Liability gets money out of your pocket.

A car is a liability unless you are a cab driver and making money out of cars. So, cars could be expensive to have...repair fees, insurance, gas. It's getting money out of your pocket.

The same scenario goes for the house but buying a house is a good long-term investment considering real estate prices are bound to go up most of the times. You can rent it, resell it to make more money.

It's being said that an average millionaire has 7 sources of income, and that's can be achieved by assets.

It's all relative, you need to identify your assets and liabilities.

I am a freelancer, for me, my laptop is an asset for other people it might be a liability.

nixford2
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March 10, 2018, 10:13:14 AM
 #14

home is the most important, what is the use of a car if you do not have a house. so i chose car haha
Chuokie
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March 10, 2018, 10:27:35 AM
 #15

I'll invest it with land wherein I could build condominiums or hotel as a business so that money could still keep on coming after I use my millions, not a car but I'll invest on car company to pick the best car for my needs.
koalapizzakite
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March 10, 2018, 11:10:58 AM
 #16

A house obviously Cheesy
rudiwings
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March 10, 2018, 11:30:24 AM
 #17

cars and homes are a very good asset for the future. both are mutually needed for survival. so I want to invest car and house for future assets and welfare of family life
neliawesome
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March 10, 2018, 11:32:59 AM
 #18

A house of course because its more important than a car.
prygunovpasha
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March 10, 2018, 12:50:12 PM
 #19

I'll invest in some kind of cleaning industry to invent the absolute cleaner for air, water and ground
leath08
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March 10, 2018, 01:29:26 PM
 #20

well if you had millions, you could buy both? I would invest in gold, crypto and property.
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