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 👇
Someone lied to me yesterday. And not even a good lie. A lazy one. A client texts me on WhatsApp: “Aqualia came. They say we need to build an additional drainage point to install the final water meters. We have 10 days.” 10 days. That was the giveaway. Let me translate this for you. Aqualia. The most incompetent utility provider in Spain after Endesa (about those guys, I can talk another day). The same Aqualia that took 7 months to even show up. Now suddenly… they give us 10 days? Come on....
In 27 minutes on the phone, I domesticated the beast. “How did you do it?” my project manager asked. Using his ego. Context. Contractor. Spain. Penthouse. Water coming from the ceiling. “Go fix it. It’s under warranty.” “No. Warranty expired. When I left, there was no leak.” I’ve seen worse. And more creative lies. This one was just… lazy. Less than a year since notification. In Spain, that’s a 3-year warranty. But fine. Let’s play. In judo, you don’t fight strength. You use it. Same here....
PPP is political. Innovation is often bullshit. Preferred bidder is where power shifts. Claims are part of the game. Long hours don’t mean value. Most people don’t understand the deal they’re working on. Risk allocation is everything. Relationships beat intelligence. Timing beats perfection. The best players think about the exit… from day one. If this makes you uncomfortable… good. That’s reality. Most people in this industry are busy.Very few are effective. And the gap between the two?...