Which should you invest in – stocks or mortgages?
I’ll tell you a short story:
John had some extra cash he wanted to invest.
SCENARIO 1: John went and invested his money in stocks, which promptly dropped in value. Frustrated, John went to his stock broker and asked for his money back. His broker informed him that he was unable to get his money back.
SCENARIO 2: John went and invested his money in a mortgage, which the borrower promptly did not pay. Frustrated John went to court, sold the house that the mortgage was secured against and got his money back.
Ideally none of us would lose money but if we do – which scenario would you rather be in?
If you would like to lend money in the form of a mortgage, give me a call.
Trevor Hickey, B.A.
Concord Mortgage Group Ltd.
#107 – 1905 Centre Street NW
Bus: (403) 290-1990
Cell: (403) 860-8738
Popularity: 3% [?]