Home › Forums › Closed Forums › Buying and Selling RE › Income property, mortgage vs cash purchase
- This topic has 80 replies, 9 voices, and was last updated 15 years, 1 month ago by
streak.
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January 18, 2010 at 3:43 PM #503842January 18, 2010 at 5:48 PM #504123
XBoxBoy
Participant[quote=streak]We can get up to 6% leaving the money in the bank here which during uncertain times is a viable option.
What do the risk averse folks with cash in the USA do, CDs?[/quote]
If you can get 6% where you are, then that’s way bigger of a yield than the 1 to 1-1/4% you’re likely to get on savings in the bank here. Of course you’ll need to consider whether the Rand will fall in relation to the dollar.
January 18, 2010 at 5:48 PM #503785XBoxBoy
Participant[quote=streak]We can get up to 6% leaving the money in the bank here which during uncertain times is a viable option.
What do the risk averse folks with cash in the USA do, CDs?[/quote]
If you can get 6% where you are, then that’s way bigger of a yield than the 1 to 1-1/4% you’re likely to get on savings in the bank here. Of course you’ll need to consider whether the Rand will fall in relation to the dollar.
January 18, 2010 at 5:48 PM #503385XBoxBoy
Participant[quote=streak]We can get up to 6% leaving the money in the bank here which during uncertain times is a viable option.
What do the risk averse folks with cash in the USA do, CDs?[/quote]
If you can get 6% where you are, then that’s way bigger of a yield than the 1 to 1-1/4% you’re likely to get on savings in the bank here. Of course you’ll need to consider whether the Rand will fall in relation to the dollar.
January 18, 2010 at 5:48 PM #503238XBoxBoy
Participant[quote=streak]We can get up to 6% leaving the money in the bank here which during uncertain times is a viable option.
What do the risk averse folks with cash in the USA do, CDs?[/quote]
If you can get 6% where you are, then that’s way bigger of a yield than the 1 to 1-1/4% you’re likely to get on savings in the bank here. Of course you’ll need to consider whether the Rand will fall in relation to the dollar.
January 18, 2010 at 5:48 PM #503876XBoxBoy
Participant[quote=streak]We can get up to 6% leaving the money in the bank here which during uncertain times is a viable option.
What do the risk averse folks with cash in the USA do, CDs?[/quote]
If you can get 6% where you are, then that’s way bigger of a yield than the 1 to 1-1/4% you’re likely to get on savings in the bank here. Of course you’ll need to consider whether the Rand will fall in relation to the dollar.
January 18, 2010 at 8:20 PM #503926scaredyclassic
Participantrisk averse people in the usa are systematically exterminated.
January 18, 2010 at 8:20 PM #503834scaredyclassic
Participantrisk averse people in the usa are systematically exterminated.
January 18, 2010 at 8:20 PM #503436scaredyclassic
Participantrisk averse people in the usa are systematically exterminated.
January 18, 2010 at 8:20 PM #504173scaredyclassic
Participantrisk averse people in the usa are systematically exterminated.
January 18, 2010 at 8:20 PM #503288scaredyclassic
Participantrisk averse people in the usa are systematically exterminated.
January 19, 2010 at 12:59 AM #503313streak
Participant[quote=scaredycat]risk averse people in the usa are systematically exterminated.[/quote]
Thanks you all for your responses.
I think the Rand will slide more than the 6% interest we can get locally. The prudent thing to do would be to convert as many Rands to USD while the exchange rate is favourable as it is now.
So I guess that only leaves the option to take some risk and get into the stock market with money that you are prepared to gamble with and put it into some of the safer dividend stocks.
My reading has indicated that REIT’s seem to be performing well with decent dividend payouts.
Is this just hype or are REIT’s in the current climate not a bad investment?January 19, 2010 at 12:59 AM #503460streak
Participant[quote=scaredycat]risk averse people in the usa are systematically exterminated.[/quote]
Thanks you all for your responses.
I think the Rand will slide more than the 6% interest we can get locally. The prudent thing to do would be to convert as many Rands to USD while the exchange rate is favourable as it is now.
So I guess that only leaves the option to take some risk and get into the stock market with money that you are prepared to gamble with and put it into some of the safer dividend stocks.
My reading has indicated that REIT’s seem to be performing well with decent dividend payouts.
Is this just hype or are REIT’s in the current climate not a bad investment?January 19, 2010 at 12:59 AM #504198streak
Participant[quote=scaredycat]risk averse people in the usa are systematically exterminated.[/quote]
Thanks you all for your responses.
I think the Rand will slide more than the 6% interest we can get locally. The prudent thing to do would be to convert as many Rands to USD while the exchange rate is favourable as it is now.
So I guess that only leaves the option to take some risk and get into the stock market with money that you are prepared to gamble with and put it into some of the safer dividend stocks.
My reading has indicated that REIT’s seem to be performing well with decent dividend payouts.
Is this just hype or are REIT’s in the current climate not a bad investment?January 19, 2010 at 12:59 AM #503859streak
Participant[quote=scaredycat]risk averse people in the usa are systematically exterminated.[/quote]
Thanks you all for your responses.
I think the Rand will slide more than the 6% interest we can get locally. The prudent thing to do would be to convert as many Rands to USD while the exchange rate is favourable as it is now.
So I guess that only leaves the option to take some risk and get into the stock market with money that you are prepared to gamble with and put it into some of the safer dividend stocks.
My reading has indicated that REIT’s seem to be performing well with decent dividend payouts.
Is this just hype or are REIT’s in the current climate not a bad investment? -
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