Second conies peoples' attempt to have exciting experiences that the college environment could provide as for many students going to college means leaving their home town and stalling a new life where they are responsible for themselves. | For more material and information please visit Tai Lieu Du Hoc at Essay 946 Topic 185 Purchase a house vs. purchase a business If I had enough money to buy either a house or a business I would prefer to spend the money for a new home. Although both investments seem to be reasonable ones I prefer the investment in an new house because of the following reasons. First of all having a house which is paid off reduces the burden. I do not longer have to worry about paying a monthly rent or mortgage. However I would have to consider that a house is also costly to maintain. Not everything is covered once the house is paid off. There will always remain some spending for hydro maintenance and other improvements a house brings with it. Nevertheless comparing to pay monthly rent I would have some money left for leisure spending. For example I could effort to buy the new car I always wanted or to book the ticket for my dream vacation. The second reason why I prefer to buy a house instead of buying a business is the fact that the investment in a house is considered more secure. Surely is the investment in a business also a security but to me it seems less stable. A business sees good and bad times depending on the nature of industry and how the business is developing. Therefore the value of the business is not constant. To buy a business can turn in both directions. First the business is developing fast an the value increases significantly. In this case comparing the investment in a business with buying a house the business brings a bigger added value. But on the other side the growth of a business cannot be guaranteed. Even choosing the right form of a business to limit an eventual loss cannot prevent from losing the value of the investment. The risk is significant higher and the loss can be enormous compared to the depreciation of a house. For all these reasons I prefer using the money to spend it for a house. It is more secured than the risky investment .
