Investing wisely guarantees wealth and healthy retirement. There are many different investment options that give investors the chance to diversify their assets and minimize risk. Generally, real estate is considered a safe investment while Bitcoin or other cryptocurrencies are high risks and (possible) high returns. 

If you’ve been following the crypto market this last week then there’s only one word for it.

Bloodbath.

Actually, you could use carnage, free-fall and massacre as well.

So, what went wrong?

There are a lot of reasons Bitcoin is getting hammered.

But for me, the simplest is that it’s not real money.

It’s not backed by anything and isn’t correlated with anything tangible.

You might say that about the Aussie or US dollar, but it’s unofficially correlated to every single thing we buy so in fact, that’s why its value is protected.

And of course, nobody ‘needs’ bitcoin to function in society.

It’s pointless, and the only reason people bought it is because they wanted to get rich fast. Most investors saw it as their way of fixing up their past financial mistakes.

Real estate, on the other hand, is different. Everyone ‘needs’ it.

When it rains, it keeps us dry at night.

We store all our possessions in it.

It’s where we eat, sleep and shower.

It’s one of the most essential commodities there is.

That’s why housing has consistently gone up for decades.

There’s always a real, tangible demand and need for it.

Now that we’re in the middle of a national housing shortage with an expected net migration of 300,000 people in the next 2 years, things are looking bright for people who want to use real estate to secure their financial futures.

Investing in real estate can achieve a passive cash flow. The monthly rental income can be used for mortgage payments, expenses or pure, profit. Additionally, rent increases with inflation

Rental real estate is eligible for tax deductions and tax credits, adding to your profits. In addition, this type of investment will appreciate in the future, guaranteeing you a return on your investment. 

At Micah Finance Solutions, we help you understand the best option for all your financial needs.

Schedule a call to find out what that would mean for you.