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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
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
The government wanted fewer rats. So it paid people to kill them. People started breeding them. Unattended consequences are called today. Or wrong clauses and incentives, as it should be. Hanoi. 1902. The French colonial authorities had a rat problem. And a solution that looked perfectly sensible. Pay a bounty. Require proof. Count the results. Lovely. But… There was just one small detail. The proof was a tail. Not a dead rat. Apparently, nobody thought that distinction would become...
He won the tender. Sixty-six days later, he was eliminated… I mean… dead. Which is a fairly aggressive way to terminate a contract. Rome. AD 193. Escalation did not have several levels of governance apparently… or they were just efficient too… Anyway. The Praetorian Guard murdered Emperor Pertinax. An awkward development. Especially considering their job was to protect him. Like Lenders… when you do need them… The fact is that the guys spotted a commercial opportunity. A vacant throne. Two...
I bring you today a useful reminder for anyone advising the public sector. Shanghai’s Maglev. It connects Pudong Airport with Longyang Road in about eight minutes. Eight minutes. Fantastic. Except, if you’re heading into central Shanghai, your journey continues... Even the city’s own airport guide explains the onward metro connection at Longyang Road. The train has finished its job. You haven’t finished your journey. Your suitcase remains unimpressed… Nothing to say about your hungry kids....