The conclusion of Provident on “Should property be your biggest investment?” is: Not necessarily, and probably not for most investors for investment property rather than the home you live in. My two-cents on property investment Note that Provident is a fee-only wealth advisory firm. It is understandable why it advocates diversified portfolios in asset, sector and … [Read more...]
Comparing notes with property investors
As property investors, it is always interesting to meet like-minded individuals. During the process of exchanging personal experiences, we get new ideas and inspirations. For subjects like property investment that have no definite guidelines or standards, comparing notes with others can offer better clarity and more insights. At times, it is thrilling to have an epiphany. … [Read more...]
The truth about people who have financial freedom
I was surprised to see the last post “The journey to financial freedom: my personal story” become my blog’s most viewed post in 2019 – in just 48 hours after putting it up. I thought financial freedom is a dry topic unrelated to properties that the readers probably won’t be interested. So, is it the keyword “financial freedom”, or the promise to share “my personal story” … [Read more...]
The journey to financial freedom: My personal story
I just read the book Financial Freedom: How People Live When They No Longer Need to Work. The author Gisela Enders interviewed seven Germans who generate enough income from investments to cover their living expenses so they no longer have to work for money. It was originally written in German and being translated into English. (Which European will talk to strangers about … [Read more...]
The 7 kinds of property investor animals
I totally enjoy the new property workshop on Finding and Managing Residential Rental Properties held last Sunday at the National Library. The participants were seated in cluster groups to facilitate interactions and discussions. We started by introducing ourselves to everyone and identified our property investing style with different animals. In general, there are seven … [Read more...]