Investing should normally be boring.
Boring is good, because often-times, the most important part of long-term investing is TIME in the market.
You have to ignore the every-day ups and downs and not allow yourself to be distracted. There’s a risk if you’re always watching the markets that you’ll want to tinker and change your investments all the time. And depending on the investment, each change can cost you money in trading costs as well as the risk of losing money or losing potential future growth.
So when I received an update from my The House Crowd investment it felt unusual because I had a big smile spread across my face. My investment in The House Crowd feels very different to my usual investment. Because it doesn’t feel as abstract as other investments.
It’s not an abstractly-named share of a company I’ve never heard of. Instead, this investment is in a property development happening only a few miles away. Currently the site is just a mound of dirt with some diggers but it’s fun and interesting to see it developing!
Where’s there’s muck there’s brass
Eventually it will look like this:
The development is currently in the excavation stage with 1,500 Tons excavated out of approximately 6,500 Tons of Sandstone to come off the site!
Once that is done a specialised tanking system will be installed to form a damp roof barrier against the outer walls of the building, so there’s plenty going on. You can follow further developments here.
There is currently a second investment round in this project too:
If you’re interested in getting involved in investing in something more tangible than stock market investments, then there’s plenty of opportunities to put your money to work in property with The House Crowd.
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