How The Rich Acquire Their Homes Or Lands (Point 1)
It is often known, that the rich do not close their accounts to go and buy either a land or a house.
Should they attempt this, they will lose all their savings.
So, this is one method in which they do it:
Instead, they will deposit that huge savings deposits into a lucrative financial security like a ”Treasury Bill,” which pays high dividends over a time.
In the future, they will arrange with a mortgage company to pay for that house or land on their behalf and then use the returns on the huge investments to rather pay for the land or property through a monthly instalment plan or for the agreed period.
In this way, they will not lose their initial capital entirely to owning that property, but will acquire that with the returns on their investments.
In short, they will be able to acquire the land or the building (house), without losing their principal capital whatsoever.
This idea rather seems to be a better plan.
Now, after they have used the profits on their investments to acquire those life-essential properties, they will then roll back that invested money, to acquire other returns for other future purchases. In fact, the rich make it hard to lose their money.
Often, those who don’t know this, go ahead to acquire those properties with their bank savings or savings deposits, which could yield very little or no interests.
Since money is hard to come by, it is often better to do things in this way.
