Should you invest in Property or Cryptocurrency? What’s the better investment for someone looking to make a return on their money? Today, Kevin explores the advantages and disadvantages of Property VS Crypto and shares his opinion on the best investment vehicle for a steady, reliable and passive income. Listen in and learn the cycles of the property market, the reason for rising house prices and the history of Crypto market volatility.
Disclaimer: Before you invest you should seek independent financial advice from a qualified professional.
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How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars
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PROPERTY INVESTING
The richest people on this planet have either made their money in property or invest their money into property. Property has made more people on this planet more money in history than any other wealth-generating vehicle and property is the investment class whereby people protect their wealth.
The population in the UK is rising year after year and there is a lack government plans for more housing despite the growing demand and a lot of the population are living in existing sub-standard accommodation. This presents opportunities to the property investor as a growing demand will push up the value of house prices and rental contracts.
Property house prices are constantly rising overtime and with generation rent, the future of UK property is destined for an increase in rental properties.
There is a proven cycle to property investment with the marketing booming and busting regularly. This cycle cannot be timed but can be spotted overtime and investors can see the rise or drop coming and act accordingly to either increase their property portfolio or exit the market.
CRYPTOCURRENCY INVESTING
There’s massive fluctuation in the crypto markets with prices going up and down regularly. It’s a volatile investment that can yield huge returns but can also drop suddenly and as an investor it’s impossible how to know what direction the price is going in.
Crypto blockchain technology is incredibly complicated and only a small number of experts truly understand it. Investing in individual Crypto coins is actually quite simple.
There are thousands of Crypto coins and new ICO’s everyday so how do you know which coins will turn you a profit? Most coins will lose investors’ money and in reality Cryptocurrency is the wild west of investing today.
PROPERTY VS CRYPTO
In a property transaction you can force the value by leveraging the banks money, take control, keep the asset and take your money back out of the deal. This is known as the B.R.R model. With Cryptocurrency you have less control over the price.
Property can be a passive income investment once you pull your initial investment back out of the deal, with Cryptocurrency you will only see a return when you sell the coin and therefore no longer have the asset.
BEST MOMENTS
“Property has been around forever and there will always be a demand for property, people need homes to live in and it will generate you a stable monthly cashflow every month.”
“With the rise of the population and lack of new property developments, house prices and rental agreements are being pushed up.”
“You’ve got to make investment decisions today that are going to make you money”
“Crytocurrency is the wild west of investing”
“Only invest what you’re willing to lose”
“Do not out your life savings into Cryptocurrency”
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Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
https://www.facebook.com/kevinMcDonnellProperty/
https://kevinmcdonnell.co.uk/
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