Going back to Property
Posted on October 16th, 2008 in Everything by eQuilec | 0 Comments »
Property or Real estate has always interest me, but I never really taken it seriously. Yeah, I have 2 property investment under my name but that was over a period of 10 years. I know some people who had accumulated about 5 - 10 property over that same period.
One of the reason why I never really gotten into property in a big way is because I stretch my capital too thin. I dip my fingers in so many thing, stock market, property, internet marketing, domaining, forex, gambling… in order to make some nice big bucks.
That is why I am Jack of all Trade, Master of None.
So in order for me to change that, I start to prioritize my interest. And one of it that is on top of my list is property. Since now that market is really bad. What I am trying to do is to increase or consolidate my capital in order for me to make full use of the opportunity that is about to come.
I am expecting the market to continue to turn south for the next 1 and a half year by then I should have a large amount of capital to but up some nice, sweet and cheap property that will be mine for the taking.
I guess the learning part is over and I should now start and learn to position myself properly over the next few years. On top of that, some of my capital would be set a side to pick up some good quality stocks that will also be nice, sweet and cheap.
Anyway, property is not suppose to be a quick investment. It would take time, money and some research. I have already sorted out time and money so now it’s time to get back and busy with property research while the market position itself for me….
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