Investing in a life long and beneficial products

We all hear the commonly used word by brokers and agents or consultants,telling you to #invest in their financial portfolio,of which is a very good idea to have money working for you not you working for money.

Look at what I'm trying to tell you; 'supposed you use R 20,00 a day to travel to and from work everyday for five days in a week for a month a year then lifetime work.we will take for a 20 year period. 

• R 20, 00 x 5 days = R 100, 00 = one week
• R 100, 00 x 4 weeks = R 400, 00 = one month
• R 400 x 12 months = R 4800, 00  = one year
• R 4800, 00 x 20 = R 96 000, 00 = 20 years

You will then have spend R 96 000,00 of which you will never get back.But if you can buy property at R 320 000, 00 on a new development been at a prime location and keep it for  two years with tenants inside you will make more money in this way.

• If you took a bond of R 320 000, 00 on a monthly installment of R 3200, 00
• You put tenants paying monthly rentals of R 3000, 00
• You will be paying R 200, 00 for your bond.
• R 3200, 00 x 24 months will be R 76 800, 00 (minus R 72 000, 00 from rentals,you pay R 4 800, 00 for two years)
• If the property gained value by 12% pa will mean the property can be sold at R 401 408, 00 minus R 320 000, 00 you get R 81 408, 00 back into your pocket for two years #investment.
• If every two years your get R 81 408, 00 in 20 years you will have made R 814 080,00 

Let us not spend all of our money on what yield no returns.