10 Smart Ways to Invest Your Money
8) Land (that you understand!)
It’s often been said that the one thing about land is that they’re not making any more of it. The world’s population continues to grow, and cities continue to expand both upward and outward. Purchasing land near an area that is set to expand rapidly can often lead not only to tax deductions but also to considerable capital gains, or rental income if you are so inclined. Opportunities for this type of investment abound, and growing markets in Third World countries offer savvy investors especially lucrative opportunities. Rural areas within the US are also developing. Again, though, very thorough research is required to get this type of investment just right. Consider consulting an expert.
