Property Investment, Passive Income in Retirement. Why Not Do it Now?

Property Investment, Passive Income in Retirement. Why Not Do it Now?

      Life's journey brings us various choices and opportunities. When we have extra money, we have a choice of what to use the money for. The power of social media has a big influence, we can see other people's lifestyles, which is a temptation for us to postpone future investments. Why not start investing now? Why not start thinking about the future? There are many reasons behind every decision, below are some of those reasons:

1. Lifestyle Demands

    The demands of socializing and lifestyle make us prefer to spend money to make us "in the same circle" with them. Thirsty for recognition and validation, that we too should be able to be like them, we should be able to buy what they buy. The feeling of not wanting to lose to others makes people tend to force the situation to the point of going into debt. Uploaded photos must be in new clothes, eating must be at a trendy place, the car must be the latest model, holidays must be abroad, birthday must be in a 5 stars hotel, getting married must invite thousands of people, and there are many other demands that must be met, in order to look rich and be able to enter the upper class. Many people are willing to throw away money just to look rich on social media.

2. Mindset

     We only live once, we have to enjoy it! We live for today, tomorrow who knows. Hoping to get a partner who is rich and already has everything. Property investment is only for old people. We die without taking anything with us. We still have a lot of time to live, don't think too far ahead. I'm still young, I don't have children and a wife who needs a house. There are many other ways of thinking about delaying investment.

3. They Still don't Understand the Meaning of Property Investment

    Many people still think that property investment is only for people who are getting married, so that they have a house for their children. Many young people don't know that buying property can be paid for in installments. Many young people don’t understand that land prices continue to rise, property prices always rise. But they prefer to buy goods whose prices will decrease if resold. They are still not ready to secure their future with passive income. Buying land, then build in house to rent out will bring higher passive income because rental prices will continue to rise, especially properties in strategic locations. Buying property now and selling it again a few years later, this kind of buying and selling strategy can also bring big profits. 

    These are some of the main reasons that prevent you from starting to invest early. So, do you want to start investing now to secure your future by having passive income or do you want to keep working until you die?