TOEFL

"Wealth comes from investment, that is a making money principle that almost every people knows. But people prefer different ways

TOEFL Essay Topic 185 - You have enough money to purchase either a house or a business. Which would you choose to buy? Give specific reasons to explain your choice.

Author: ANONYMOUS | Date: September 8, 2006 | Score: 4.5 | => 5 or 6 Essays, Click Here <=

"Wealth comes from investment, that is a making money principle that almost every people knows. But people prefer different ways

"Wealth comes from investment, that is a making money principle that almost every people knows. But people prefer different ways to invest. In my opinion, to buy a business is better compared with buying a house.

It is true that house are a kind of safer investment as a realestate, and investor can also earn a big amount of money when the economic condition is good and the realestate market is prosperous.

However, dose to buy and run an own business give the investor more independence and bigger chance? The success of a business mostly relies on the management and strategy of the company, though the economic situations affect it, of course.

When the economic atmosphere is perfect, both to invest in buying house or business can earn money easily. For realestate, it has been a great success if you can sell it on a three or four times price, and a more than seven times growth has seldom been seen; but for a business, a good external conditions also make a new company grow much faster and smoother, and there are almost no limit for a company`s growth. And there are so many enterprises, such as Microsoft, Toshiba, which began as a small company and have grown there value over thousands of times.

And when the economic is drooping down, investing in house will be very dangerous since the price will inevitablely go down together with the whole economy. But a company can still manage to develop by it`s own appropriate strategy and effort.

So, I think to invest in a business is a better way since we can control more!


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