A house or property is one asset that will increase in value over time. In fact, property tends to increase in value each year, working on an exponential basis. This continual increase in value should be put to good use.
Exponential Increase
Take the example of a house that was purchased at $100,000 and increased at a rate of 10% each year. One year after being bought it would be worth $110,000, increasing in value by $10,000.
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