How to Buy and Sell Apartment Buildings
Chapter One
An Investment Plan
to Create Wealth
DISCOVER LIFE'S THREE CHRONOLOGICAL
INVESTMENT PERIODS
Our investment philosophy is based on an individual's chronological
time line, which consists of three periods: (1) asset accumulation, (2)
wealth building, and (3) asset conservation.
The financial journey through life's time line starts at different levels,
depending on whether you were born with a plastic or a silver
spoon in your mouth. As you travel through your time line, your investment
options change. Knowing where you are and what options
are available will help you make the right choices.
How and when you make these choices is what this chapter is all
about!
A Winning Financial Plan up to Age 35
The first chronological period of your life-mid-twenties to mid-thirties-should
be devoted to accumulating assets and acquiring basic
necessities. When you're just starting out, your assets are usually limited
and the major portion of ... read full excerpt from How to Buy and Sell Apartment Buildings, 2nd Edition ebook
