Articles tagged with: diversification

Lessons »

1 Jun 2008 | No Comment

Real estate as an investment for most people means home ownership. For the great majority it represents their largest asset and largest source of debt. Let me share a couple thoughts that may help you avoid common mistakes.
You will invariably hear rules #1-#3 in real estate as location, location, location… This is not entirely true. Be careful since deception is not uncommon as we have seen in recent past!
Your home is not an investment; it is an expense. Investments have returns, your home only has expenses such as taxes, heating/cooling …

Experiences »

26 May 2008 | No Comment

I want to share with you a very powerful concept which I only learned recently. This is in relation to building your wealth. What is wealth aside from the dictionary definition? I define it as the storage of current purchasing power for future use. Similar to batteries that store electricity for future use and lose their power over time, wealth loses its power due to inflation and many other factors.
What does this have anything to do with “buy low, buy slow?” As you build your wealth, it is important to …