It's becoming tabu


It’s a constant.

When you talk freely about money you’re critized.

And not just from Spain, the country that is a fiscal hell but the paradise of criticism and the prosecution of the rich, no…

It’s everywhere.

It’s becoming a kind of tabu.

Look.

The world is full of people who say, "money isn’t important".

Good for them.

But I think they don’t know what they’re saying.

They just say it for the sake of saying it.

It’s a cliché.

If they stopped for a moment to think, they would realize that money matters to them more than they’re willing to admit.

For money, they spend a large part of their lives doing things they deeply hate.

So Spain is a poor country, or Spanish people poor in mindset.

And it’s a pity, because some of the stories I tell in the book below, that money made through smart investing, are in Spain.

And if you can make money there… trust me, you can everywhere.

​

$19.90

High Return - The 7 Best Real Estate Strategies

The Essential Guide To Choose The Best Strategy In Real Estate Investing For You

​

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 👇

Read more from Vicente Valencia

I love going to local markets. I tried one this weekend. All vendors shouting: “Try this.” “Taste that.” “Best cheese in town.” “Organic honey.” Everyone fighting for your attention. It’s nice. It feels human. You try things. You buy things. You feel good helping local producers. I love that. But price is sometimes an issue. It’s not cheap. And it can’t be cheap. These guys work at very small scale. Their margins need to be enormous just to make a living. I don’t blame them. And honestly,...

I’m an engineer. By accident. But an engineer nevertheless. I’ve seen landslides during construction, and after construction. Specifications not converting properly between inches and cm. Expansion joints popping up in summer like popcorn. Pavement failing in the first winter after opening. Subcontractors going broke. Or bought by the competition you stole the project from… But still… 80% of serious PPP failures are NOT technical… They are contractual. Risk allocation errors Toxic KPI regimes...

You know I’m no fan of the World Bank. But from time to time, curiosity opens some doors. This is what I found. More than 50% of PPPs are renegotiated… Let that sink in. 50%. And usually in favor of the private sector... 50–60% of PPP contracts in developed countriesand up to 70% in emerging marketsare renegotiated within the first 5–7 years. So the contract you sign is not the contract you live with. What does it mean? Simple… It means the real risk allocationis not the one approved by...