Tuesday 17 July 2012

A sentence to be remembered by All Investors

"If you remember, I always said, buy car, cash or at least 50%. Why? Car depreciates.

Buy property, 1st, check location vs price. Will it appreciate? Izzit good location with plenty of tenants? Good investment?

If so, borrow max from bank with longest tenure. Use OPM (other people's money) to benefit.

This is how you use leverage. To expand your business and to make smart investments. Not to consume."

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