|
I've read Robert Kiyosaki's book "Rich Dad, Poor Dad" and in the process of rereading it again. Good advise on asset/capital formation and the right "attitudes" that go with it.
He also said that most profits are made when BUYING a property not when selling it. I guess, this would support a WAIT and SEE approach to the current bubble market.
I've also looked at government drug property auctions... even looked at one in Newport Beach that opened at 250K... it was bidded up to $600K in no time. But I'm sure there's diamonds out there....its just buried under the pile of hype and bullshit.
|