As a current renter myself, I don’t think I would ever invest in a second property. Having someone else pay me crazy amounts in rent just to live in what is their home (even if I technically owned it) just doesn’t sit right with me morally. But that aside, I really enjoyed the clear and simple layout of the other options in this video!
Thanks a lot for your comment, much appreciated and I totally understand where you are coming from. Same for other people investing in sin stocks such as tobacco or oil companies. That's why investing is such as personal topic, which differs from person to person, only important that we understand the underlying principles of each. Cheers
Kai I am thankful for the obviously very nice layout of the most basic investment options and things to consider for each. I am currently investing in ETFs & stocks and I would really love to see a future video where you break down the ins and outs of real-estate/property investing and management.
Hi👋 Thank you so much, really appreciated and super happy your enjoyed it 🙏 Absolutely, I have done a few videos on that in the past you can check the playlist here ru-vid.com/group/PLDn4g0rPd5xv7zb3k3Y55BKycb_w6obnM But yes, I will surely do more of them in the future as well👌 Cheers
Hi Kai! Very clear video! As a Lithuanian, I wanted in the future to invest in real estate in an apartment in Vilnius. However, I can't figure out where the hook is really? To give an example: an average bank in Lithuania at the moment (let's say Luminor) is asking 15% of the apartment price as the down payment. If the apartment costs EUR 200'000 it's around EUR 30000. If I make the mortgage for the current maximum, which is 30 years, it's about 1'000 per month for the mortgage w/ interest. Now, I understand that you could rent on Airbnb and maybe get a return, but isn't that too risky? I would have to maintain a profit for 30 years to "pay" my mortgage, and that is without considering inflation, etc. On the other side, if you want to pay back the apartment in 5 years for example (so much less) you would have to pay a much larger mortgage per month and hardly get back in with AirBnb profits I imagine. What are your thoughts on this? What is your business model that you have found successful? Just curious how you do the math, if you could make a video it would be very interesting thanks!
Hi there👋 I feel you, having just bought an apartment in Vilnius, it took a lot of number crunching. For an apartment in city center (Paupys) it just did not make financial sense, but now we found a unit a bit outside and there the rent (if we decide to rent it out) will be more than the mortgage. But even if it did break even for now, don't forget that the interest rate most likely will fall eventually and your mortgage will become cheaper while the rent most likely only will get more expensive so imagine in 5-10 years you will definitely benefit from it plus potential capital appreciate by then should you decide to sell it. Made a video on this topic here ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yCpO8cUR2Xo.html As for AirBNB, we were thinking about it, but decided not to go for it. Too much hassle, admin & wear and tear on the property for too little upside from what we found out, but it's up to you of course. So I think right now is actually a good time to buy as once interest rates will fall many other people will buy again and real estate prices will rise. Hope this helps😉 Cheers
Hi there👋 Thanks a lot indeed🙏 I don't have life insurance and am not the biggest fan of it. If something was to happen to me my wife would be able to access my investments, this way I am in control of what I invest in and the returns I can get from it. But each to their own😉 Cheers
Hi, I'm 18 years old and planning to start investing, but I cannot invest more than about 100€ per month. Is it still worth it to invest this little or is it just better to save with cash at that point ?
Hi Vid, 100%, do start, it's absolutely worth it. Time is on your side and the sooner you start the more time your money has to compound and grow, definitely do it💯
Absolutely. I buy the VUSA UCITS ETF from Vanguard based on S&P500 via IBKR which is distributing, but you can also buy the VUAA, which is the same, but accumulating. Cheers
Please be dont take this the wrong way. With the word "Debt" the "b" is not pronounced. So say DET. Pretty much everyone who learns English as a second language trys to pronounce the "b".
