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City pours scron on results of European bank stress tests
Think long term, get rich slowly. If you want some fun, use 10%, then it doesn't affect you or your family if it goes up in smoke...
I kind of agree with this, but only once you have a sizable wedge.
Getting that wedge in the first place requires nerve and risk taking. Or like me you can just be born at the right time to cash in on a once in century property boom.
Once you have it be conservative and like you say, take a risk with at most 10%-20%.
What you need to understand about DIm is that he's stuff is all imaginary. He doesn't even own a property.
I kind of agree with this, but only once you have a sizable wedge.
Getting that wedge in the first place requires nerve and risk taking. Or like me you can just be born at the right time to cash in on a once in century property boom.
Once you have it be conservative and like you say, take a risk with at most 10%-20%.
What you need to understand about DIm is that he's stuff is all imaginary. He doesn't even own a property.
I own one property, my mother in law lives in it. A sort of "keep it in the family" BTL.
But my plan is simple. Gold is rising in price, property is falling. Buy gold, sell gold, buy property.
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