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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 👇
UK’s largest infrastructure project. In June 2018, High Speed 2 or HS2’s main civil contractors issued a warning. Their early estimates were showing significant cost increases. That was not a rumour. Not an anonymous complaint. Not some junior engineer being negative. It came from the contractors building the bloody thing. The project continued. Reviews followed. Committees met. Reports were written. PowerPoints were probably magnificent. As usually they are…specially when consultants are...
Unfortunately for taxpayers, many decision-makers and politicians do not understand value for money. Not a clue. And it costs taxpayers billions. Let me tell you something. A few weeks ago, I went to Auckland Zoo. As we do every time, we stopped at the shop on the way out. This time, my son became obsessed with a crappy little meerkat figurine. About 5cm tall. Pure plastic. I did not even look at the price. I was delighted. How cheap! I walked to the counter and paid. I was slightly surprised...
I can see yesterday’s email hurt. Well, yes. I’ll say it again. You will never do well in life with a PowerPoint. Not long ago, I was involved in a process where the abuse of PowerPoint should have been investigated by the Drug Enforcement Agency. Beautiful. Gorgeous. Sublime charts. Flourishes everywhere. Not a single letter was out of perfect alignment with the rest of its little letter friends. Like one of those choirs that goes on The X Factor, or any of the other crap they show on...