Quote from: reagansimms on July 08, 2024, 07:02:20 AM

Quote from: Mrbuck on July 04, 2024, 10:53:03 AM

Land and property not good because you can not take it with you or move from another place to another in some case the car would be even better asset to have.

This is very contrary to most people mindset, if you look at the future profits of goods, land is clearly better than cars. Buying land is very beneficial in the long term, the price of the land you buy will increase in the future, unlike a car whose value is increasingly depleted unless the car has historical value or is often called an antique car. Having an investment asset in the form of land does not require large maintenance costs, unlike a car which requires maintenance costs, insurance and paying taxes. If you prioritize the function of goods for the future, of course you will buy land rather than a car, unless you are already financially established.

What you say is very true, everyone would certainly prefer to own a piece of land if they are thinking about investing in their future and I think the price of land will remain the same in a few years and will increase over a long period of time and that will be very In contrast, the price of a car can change quickly when the newest model comes out.

I agree with you, if we choose to own a car, of course it will have large maintenance costs and there are other costs as you have mentioned, but with the plot of land that we own, we can use the land to manage things that can generate profits such as using it. For agriculture, of course this also produces profits for us.