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1/ Recent threads I've written all of which contain bits & pieces on general investing, real estate, short term trading, investor psychology, risk management, asset allocation, personal finance & general steps to wealth accumulation.
2/ Psychology of investing, the mindset necessary to become successful in this game and all the common traps & biases investors face.
3/ The four key pillars necessary to become a consistently profitable day trader and outperform the index in any market environment.
4/ While the stock market delivers returns in only two ways — price appreciation & dividend income — private real estate has the ability to make you very wealthy in numerous ways, many of which are in your control (unlike the stock market).
5/ Academics constantly tell us real estate is not a good investment. They also show most stocks don't even beat out T-bills over the long run.
Your job is to find good deals in both asset classes. Here is a simple example of how to do so in real estate.
Your job is to find good deals in both asset classes. Here is a simple example of how to do so in real estate.
6/ We are in a late-cycle stage of the longest ever expansion in the US financial history. There are plenty of things that worry us all. I explain what indicators & signals I'm focusing on...
7/ Don't be worried about illiquidity in private assets. Lack of illiquidity is an advantage in disguise. Volatility will be extremely low & your outright commitment will see you realize large gains. But you got to select the right deals!
8/ When investing in property don't be a sucker. I explain the basics of developments & why retail investors complain their deals didn't perform well. Suckers buy off-the-plan, new-build & recently renovated deals with large premiums above the market.
9/ When co-investing with family, friends, clients or acquaintances make sure you display healthy dose of risk from your side.
With research, deals & trade ideas from others always ignore what they say & look at what they do! #skininthegame
With research, deals & trade ideas from others always ignore what they say & look at what they do! #skininthegame
10/ Predicting is useless in any industry, especially this one. While not perfect, it is a lot better to turn contrarian vs all the group-think herding "experts".
I stick my neck out on a recession call in 2019/20 because everyone else sees one.
I stick my neck out on a recession call in 2019/20 because everyone else sees one.
11/ I would NOT recommend anyone to start trading, at any point in their career. It is an extremely difficult way to earn.
Having said that, I started a long time ago (in uni) & continue to trade to this day just using a laptop & an iPhone. That's it!
Having said that, I started a long time ago (in uni) & continue to trade to this day just using a laptop & an iPhone. That's it!
12/ Create healthy habits, remove bad ones. Might not make a difference over a month or two, but will all start to add up eventually.
All progress is life is usually made with tiny little inches gained daily which compound over time — including habits!
All progress is life is usually made with tiny little inches gained daily which compound over time — including habits!
