A: Mainly the fact that it made investing seem so much more straightforward than I first thought. I used to think that you needed some kind of economics degree to be an investor, or at least be really good and really knowledgeable with paperwork; and there was also the actual admin involved – how to find the properties, how to actually invest money, how to collect returns etc. I had no idea there was a simple dashboard like Bricksave’s that you could monitor everything from.
A: No. I assumed that that world was inaccessible to normal working people like me – I thought you had to be somehow already on the inside to get involved.
A: For me it’s mostly about retirement – I want to start saving now for when I’m older, and a lot of the traditional bank or government-provided retirement plans don’t seem as profitable as I’d like. I use Bricksave to help build a solid foundation on which to save for the future.
A: Almost nothing, which was one of the reasons I hadn’t previously thought about property investment. When I discovered Bricksave I saw that they had done all the research for me and chosen the good properties, and I was excited to realise that I could invest in real estate without a finance degree or a career’s worth of knowledge. And I’ve actually learnt a lot just by using Bricksave, which is great.
A: To me it just seems to make sense – if someone can’t afford to put money into a property themselves, why not get other people to put money in as well and share the returns. I like the direction it’s taking us – the sharing economy, a more democratic way of doing finance. And I also like how it gives working guys like me new power in an economy that was previously very hegemonic, one that pretty much ignored working people.
January 05, 2017
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