45.Make Better Use of the Possible Future Wealth to Create Your Fortune.
Precious advises to success -- 10 secret codes
導向成功的金玉良言 --- 成功秘碼 10條
* Utilizing the equity line( netted value of the real estate) to make investments is the best example of “Leverage of Financial Affairs”. On one hand, you may expand your fortune, and on the other, you will not let your fortune become frozen and useless.
* You may use the equity to invest, but never go gambling.
*Use the way of “Zero down payment” to own a house may be a fool, because his risk is too much.
* Unless you have a high income and also enormous savings, you will never be able to catch up with the price of a home by using your savings.
* As long as the location of a house is correctly, also purchase it in good timing, the risk of investing in the house is almost equal to zero.
* One who is good at using bank loan to create his own fortune is the master of financial manage6ment,
* One who is good at using the premature netted value of the house to create his profit is the master of the investors.
* One who is able to use the money “out of nowhere” to create his fortune is the master of the masters in financial management.
* Mortgage more than 70% of the house value that is high risk investment. To avoid the failure of investment, your investment should be safe, secure.
* Gambling is different from investment. Investment by the wisdom, gamble by luck. Real investment is on intelligence, rather than luck. Operation of financial leverage should be limited (moderate) otherwise it will become gambling.