Real estate is an interesting subject and certainly method to create wealth. But in order to get very rich, you need to be playing the game at a very high level, and it is demanding.
At this point in time, I am more concerned about building cashflow in my portfolio right now (aggressive growth) though business acquistion, and will add a conservative touch to my holdings with things such as real estate as my wealth grows and my need for cashflow decreases.
At any rate, it is all about keeping as much of what you acquire in assets that can be transferred from generation to generation - this is true wealth in my eyes. Oh, and there is that little gem about paying as little taxes as possible, that always helps.
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Originally Posted by Biff
If the NHL ever needs an enema, Edmonton is where they'll insert it.
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