Thursday, 07th April 2016
If you take a close look at the relationship many people have with money, it flows in and out of their accounts and nowhere in-between.
They make money and buy things - end of story.
But recently I saw a post online that describes exactly what my whole property investment ethos is all about:
You make money to buy assets to buy things.
This is the secret to building wealth - the asset pays for your children's education, upgrading the car, buying new furniture and overseas holidays. It maintains your current lifestyle, both now and into the future. Meanwhile, you're also building wealth through the assets themselves in terms of rental incomes, tax advantages and capital growth.
Have you made this discovery with your own investments? If so, I'd love to hear your thoughts in the comment section below.
Until next time,