What steps to take when a piece of land is approved for planning?

A stable monthly income of over 25 million VND and the possession of two hectares of land with a potential value increase due to planning has left a couple in Binh Duong unsure of how to make the most of their newfound wealth. The consultant recommended that they invest wisely and allocate their funds properly in order to achieve financial stability and avoid price slippage.

The first case where the family receives compensation for the increased value of one hectare of land could be invested in various asset classes such as real estate, stocks, bonds, and fund certificates. For rental investment real estate, the consultant suggests allocating about 50% of the money. Residential land with good growth potential in the future could also be another investment option, allocating 30% of the money for this segment. The remaining 20% should be reserved for reserve funds and highly liquid assets.

In the second case, if the family receives compensation for an increase in land value from planning, it is advised to wait another 1-3 years before making any decisions on investing. Thorough research on the real estate market and development of the area is recommended before making any investments.

Personal financial planning can be complex, but seeking advice from experienced professionals is essential. Investing always comes with risks, but proper planning can help achieve financial goals. The consultant wished the individual luck and success on their financial journey.

By Aiden Johnson

As a content writer at newspoip.com, I have a passion for crafting engaging and informative articles that captivate readers. With a keen eye for detail and a knack for storytelling, I strive to deliver content that not only informs but also entertains. My goal is to create compelling narratives that resonate with our audience and keep them coming back for more. Whether I'm delving into the latest news topics or exploring in-depth features, I am dedicated to producing high-quality content that informs, inspires, and sparks curiosity.

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