Is a Mortgage Investment Corporation Right for You?

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February 22, 2022

When it comes to investing, it can be extremely difficult to determine where to start. Though there are many options available for new and existing investors, investing in real estate is often a popular choice. While investing in real estate typically refers to buying rental properties or flipping homes, a mortgage investment corporation (MIC) allows you to invest in the real estate market without the hassle of owning and maintaining another property. As a leading mortgage investment incorporation (MIC), PHL Financial Group knows how important it is to choose an investment option that aligns with your goals. That is why we have compiled a list of questions to help you determine if a mortgage investment corporation is right for you.

3 Questions to Ask Yourself to Determine if a MIC is Right for You

To determine if a MIC is right for your investing goals, ask yourself the following questions:

1. Are You Looking for Long-Term Growth?

While a MIC delivers steady dividends, they are not meant to be a “get rich quick” option. When you invest in a mortgage pool, you should be expecting long-term gain. Mortgage investing is not like timing the stock market to try to get a substantial return on your investment in a matter of days or weeks. If you are interested in growing your capital over time with more stability, mortgage investing is for you.

2. What Level of Risk are You Comfortable With?

When you think of investment strategies, it is crucial to consider the risk vs. the reward of the investment. While it may be tempting to go for a risky option with a potentially high return, it is important to remember that you are at a higher risk of losing money outright. A MIC tends to be less volatile over time, making them a great option for investors that prefer stability.

3. Do You Want to Diversify Your Investment Portfolio?

Diversification is vital for all investment portfolios. Mortgage investing through a MIC diversifies your investment portfolio through a diverse mortgage pool that is split among a variety of properties and projects, adding an extra element of protection.

To see if our mortgage investing solutions are right for you, get in touch with the team at PHL Financial Group. We can be reached through our online contact form and will be happy to answer any questions you may have regarding our services.