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A suggestion for this new year
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Live poor, die rich. This is the mindset that many people have these days âin order to be richâ or get financial freedom. You know the old piece of advice: study hard, get good grades, a good job, live below your means, save and retire. Terrible advice in these days where governments keep printing fake money, inflation is âmoderatedâ by printing a lot or printing less, and the gap between the producers and the consumers is bigger by the day. I donât know what plans you have for next year. I have a few. To buy 1-3 apartments to invest in New Zealand, start my new project of 4 additional Airbnb in Spain, start construction of a couple of hotels in Panama, keep developing my mentoring, coaching and consulting business⌠When having Champaign yesterday, I hope that you thought about what you want to achieve this year. The things that youâll learn. The habits that youâll change. Today, I propose you the course about investing below. Tomorrow, probably the same course. Itâs good. But the day after tomorrow, it will be something different because you wonât have access anymore. It will be over. Out of the market, forever. Up to you⌠Save or Invest? âInvest better than 99% of people... including fund managersâ â PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. â â |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | đJOIN +2k readers đ
Despite being on a Saturday, I received a few emails asking about yesterday contract! Look⌠I have plenty of examples. Yesterday, it was a PPP in the Philippines⌠but Iâve been working on a few others PPP project. A fantastic example with nice clauses that are less bankable than a PPP for a data center in North Korea. Kenya. A known highway. The Review Procedure. âDisagreements will be discussedâ Literally. Good luck with getting a solution. Discussing can be the more frustrating of...
These days Iâm enjoying some interesting stuff. There is a clause. In particular, 13.3 of a project agreement. âForegone Toll Income & âMutual Agreementâ Extensionâ** I love the title. It deals with cases where the government prevents the toll road from charging the approved tariff. Then, if this happens, logically for political reasons⌠The government must either: Compensate the monthly Foregone Toll Income, or Grant a Concession Extension, the duration of which must be mutually agreed If...
These days, I usually panic a little. Just a little. Not because of the âsocial commitments.â And not because of the alcohol⌠which, letâs be honest, doesnât do your health any good whether itâs âonly one,â âonly two,â December or June. No. Itâs something worse. Much worse than overeating and overdrinking. Queueing. For me, queueing is more terrifying than being forced to watch an entire season of Big Brother. Nothing good ever comes out of standing in line. Nothing. Maybe disappointmentâŚ...