Bitcoin or property? Darcy Ungaro discusses how to choose the right investment for your personal situation.
THE FACTS
- Property has long been a popular investment for building wealth, offering leverage and potential tax-free gains.
- Bitcoin, despite its volatility, provides digital scarcity and can be part of a savings strategy.
- Investors should consider their goals, risk tolerance and investment horizon when choosing between property and Bitcoin.
Remember when a property was just a home? Reminiscing idealistically through rose-tinted glasses, I recall a time when a home wasn’t an “asset”– it was shelter, and a container for families.
Fast-forward a generation, and property is the investment of choice for Kiwis, including me, to build