In the past two weeks investors are in panic mode, due to turbulence in stock market and US debt crisis. When the ¨sell pressure is on〃, many see their investment value vaporizes. Others wonder what to do next. Many think of safe haven in commodity, such as gold.
Warren Buffet said this - gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility.
Further, Warren Buffet released a statement on Facebook, ¨Investors should remember that excitement and expenses are their enemies.〃 In other words, we need to stay ¨cool〃 and do not act on impulse.
If you were set up on a steady income stream and steady growth, its should provide you with stability during turbulent time. If you are going to receive your rental income regardless what happens to the market place, you would have no expense to incur.
Clearly the choice of investment should consist of income and appreciation of value. Residential rental properties in the best geographical location, is the perfect choice in this turbulent time. Visit Millhouse Ventures Ltdˇs website for more info www.millhouseventures.com.
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