This is how I define perfect investment. The perfect investment must have the following criteria.
- Must have a return higher than inflation rate
- Should consume my minimal time.
- Could be financed by other people's money
- Must have a return which is within my control
- Has acceptable risk
- Able to give tax relief (optional)
What is the perfect investment then? The answer is the property investment or real estate investment. That's why I'm the owner of 3 houses at the age of 29 but driving a old lousy 8 years old car. Property investment or real estate investment fulfills all my perfect investment criteria above. Some countries may give you tax relief for buying a house under certain conditions.
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