If I had enough money, I would buy a business rather than a house. With a house, there are limits on the things you could do with it. A business, however, can bring you profit in the future and it can be a valuable heritage.
Firstly, a house is a limited choice. It only provides you a place to live in. That's all. Owning one and living in it doesn't give you any further financial benefits. In fact, more money will be needed for maintenance and tax
On the contrary, a business can bring you profit in the future. As a business grows, you earn huge sums of money. You may also gain the reputation of a successful businessman/businesswoman.
Buying a business therefore, means you are buying not only the possibility of becoming rich, but also the chance of becoming famous.
Furthermore, a business can be a valuable heritage. You can pass it onto your future generations. A well-maintained business guarantees that your descendants are likely to share the wealth you have brought into the family.
Overall, it is definitely better to purchase a business. Whereas a house offers you very little, a business can reward you with so much more. You can benefit from a business in the future. You can even pass the affluence onto your children and grandchildren. Even if some people say business is a gamble, it is infinitely worthwhile to choose business over a plain old house! |