The thing about land and property is that there's no guarantee it's value will rise - in most cases it does but not always.
By investing in a bank you know your money's going to be safe and in the worst case scenario you're guaranteed to get you money back plus at least some interest.
Historically land and property has been a good investment, expecially over the long term. There are times when values drop and localized factors can cause price falls (e.g. building a new highway, factory etc nearby).
Land and property is more complicated and it takes longer to get your money invested and also when you want to cash-in your investement it takes longer to get your money out, with a bank there's none of the waiting. There's also none of the fees that you'd have to pay for buying and selling land or property.
Most of my money is tied up in property and it'not caused me any sleepless nights. My personal recommendation is to go for land & property but do so through a reputable agent.
Definetly. Buy into residential housing near your home.
Cant give more details as dont know where you live.
bank interest is not an investment. it is robbery.
If the land is in an already developed area, it's a better investment. Haven't you noticed that banks make money off of loaning people money to buy land? They make enough to pay you the interest.
land?
Not if you buy property in the middle of the Nevada Desert or in the Middle of the Florida Swamps.
No investment is "better" because is each has their own set of risk. Investing in CDs are very safe, but you can run into reinvestment risk and inflation risk.
The investment best for you will depend on your risk tolerance, time horizon and amount you have to invest.
Yahoo finance is a wealth of information. I would also recommend www.investopedia.com which has a lot of info too and has a stock market simulator.
If you have to ask investing is not for you.
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