You have enough money to purchase either a house or a business. Which would you choose to buy? Give specific reasons to explain your choice.
There are many people interested with investing in property for a safe bet in Korea. Even though some people argue that it could provoke nationwide speculations and worsen disparity between rich and poor, I think it is a sort of financial techonology. If I'm able to purchase either a house or a business, I would choose to buy a house.
First of all, I want to have my privacy at home. I had lived with parents, two brothers, grand parents and an aunt till I became 19 years old. I was brought up in strict etiquette and fraternity. That's a quality of a large family. However I shared my room with my aunt, I couldn't keep my privacy entirely. I couldn't talk to my boyfriend over the telephone and it wasn't easy to invite friends because they didn't feel at ease with my grand parents. If I have my own house I would be pleased by having my privacy on which anyone couldn't interude.
Second, if I have enough money to purchase a new apartment, I want to resell it at a profit. It is a financial techonolgy as has been mentioned. In my opinion it is hard to make tidy amount in an account by just savings. With the margin of resold-house, it is easier and quicker to increase your fortune because there are a loft of new houses for sales. Mother of a friend had purchased a new apartment and resold it, and she made a profit on it. Like her, if I can get a profit on and on, I think it is possible to move to bigger house later.
In addition, my personality isn't appropriate to manage a business. I'm so timid and full of cares that I don't want to risk. Moreover, if you initiate a business you need to be ready thoroughly to embark on a business and recognize that you must run a risk. But I haven't had studied business administration at all, so I have to eager in study and need to prepare carefully if I start a business. Extensive time will be required to start a business. To commence a business is nothing but hope against hope, if I carry on business.
In conclusion, if I can buy either a house or a business, I would prefer to purchase a house. Because I really want to have my own place, especially my own house and if I have a new and nice apartement I can resell it at a profit. I'm not a person who has ability to manage a business well.