When you buy any property, your main expenses are: transfer duties – the government’s initial finger in the pie attorney fees – the legal guys who do the registration interest – on your bond maintenance – the bigger the property, the more stuff there is to fix improvements – there’s always something that can be better rates and taxes – the government’s ongoing finger in the pie When you buy a property to rent out, it is possible to buy a house that will bring you more money in the form of rent and the value appreciation of the property, than these expenses will cost you.

A good investment is an investment that can make a good amount of money for you, when compared to other investments, that have the same amount of risk associated with them.Definition: A good investment A bad investment is an investment that will cause you to loose money, or make a lot less money, when compared to other investments, that have the same amount of risk associated with them.Definition: A bad investment I gave the definitions for good and bad investments, to try and show that choosing a good investment means you need to consider two things: risk and reward.

investing in a company that plans to offer space flights and trips to the moon, for normal people), because you cannot be sure that your investment will make you money, or indeed, that you will even get back the same amount of money you invested in the first place!