Investments always come down to one thing, timing. You must put yourself in a position to take advantage when the opportunity presents itself. That means you are prepared to ride out the storms when the economy slows, stock market tanks, or the real estate bubble pops. An investment means that you are secure in your position and can wait for greener pastures to liquidate. If you can't, you have made a serious investing mistake due to your expectations. If there is one thing I've learned, almost everything is cyclical including investing. Can you capitalize when the timing is ripe? That's the million dollar question.
Greg always talks about it not being rocket science. It's the basic fundamentals that get you there. A goal and a plan to back it up. A well thought plan....
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Todd
Last edited by Vegas69; 12-13-2013 at 05:45 PM.
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