Investing 102

[Bucketlist2012]

Another great point from Mr. Weld..

If I was to use a few words for my strategy, it would be Diversified,Global,Nimble, and Liquid.

Only a 40% LTV Fixed Mortgage on my Home, is not Liquid. Everything else is. I put that much down to dial in a payment I am comfortable with.

I have not reached the point of buying additional properties yet. I would say I am two thirds liquid, in long term Investments.

That is why I did not Buy the other home. It would upset my balance, and put me in a leveraged position that I wasn't comfortable with.

What took decades to put together, could come unraveled in one year.

Slow and steady wins the race..Sure I gamble 15% of my Liquid money on high yield stuff, but the rest is pretty boring stuff.

That is why this thread is called Investing, and not Speculating.

SIDE NOTE...The Property I was looking at, was a guy who had many properties and investments..Shopping malls, Car Dealerships, ect....Sadly, not anymore...So a lesson to be learned, from others...