I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
How you can cool off
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The world is on fire. 98% of investors have lost money in the past few days. And that’s OK. This is why when I was asked on Wednesday if “should I sell now”, my answer was… What are you talking about? ​ Look. ​ We've all read dozens of 'influencers' suggesting that investing €500 a month in the S&P 500 will make you rich in 20 years. The stock market only goes up. And to some extent, they might be right, but I don't like that extreme volatility dependent on a few overly powerful individuals. For part of my money, that's fine. For the other part, it's not.​ Sexy or not, real estate is more stable. Yes, there's the 2008 crisis, and talk of another bubble... But there are ways to invest without losing sleep over what a 70-year-old redhead across the pond might do. Investing in thoroughly analyzed and verified real estate projects that guarantee a fixed return is now a reality. Knowing more or less how much you're going to earn before putting your money on the table reassures me. ​ And you have control. You don’t depend on people wearing red hats… ​ But look. Let’s be brutally honest. ​ People panic. And panic is the best environment to fish… and fish big. ​ World population is growing. No matter who is in power. Global productivity is improving. No matter who is in power. ​ The long term tendency is growth. ​ And if this doesn’t happen is because of a global world. And in this case… Your money is stocks will be useless. Your properties will be useless. Even if you are leaving out of the grid, you have a liability because you know that you will be become a valuable target in a world where everyone will have to take care of themself. ​ So… ​ Look at the opportunities out there because there are plenty. Be calm. Be safe. Become rich and independent. ​Is this piece of real estate a good investment​ ​ 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. ​ ​ |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Mega-projects don’t just overrun. They overrun lives. Ask South Africa. Medupi and Kusile were supposed to be the big solution. Two giant coal plants. Massive capex. Enough power to stop load-shedding and unlock growth. On paper? Glorious. In reality? A masterclass in how to blow up trust. Design issues. Rework. Delays measured in years, not months. Costs ballooning into the tens of billions of rand. Every extra year of delay? More load-shedding. More diesel. More businesses dying quietly....
Most governments treat their main airport like a toy.A prestige project.A political trophy.A place to cut ribbons and hire cousins. The perfect picture for LinkedIn. Egos don't get a better chance to shine. Bogotá did that for years.And the result was the "before" picture. Congested terminal.Old infrastructure.Chaos on peak days.And zero money to fix it properly. Then in 2007 they did something different.They gave El Dorado to people who actually had skin in the game... Crazy! A...
Most PPP programs don’t get into trouble because of corruption.Or bad engineers.Or lazy civil servants. Or big-mouthful politicians. They fail because people think risk is a philosophy. Not a number. And this has been a constant in my last PPP project in NZ. Everyone talked about risk. This is too risky, they said... but without numbers. You see... we ended with the highway operator not changing barriers because it was too risky... Anyway... another country that learnt about risk the hard way...