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It seems like investment trends change with the seasons. Who knows. But there’s one thing that’s always been there—quiet, without promising overnight riches, yet delivering solid results: real estate. Now, some people claim real estate isn’t profitable. ​ ​ Let’s break down why real estate continues to be one of the best investments out there: Stability: “Passive” income – never passive, I know but quite so… ​ Consistent appreciation: Control over your investment: This is the ultimate benefit. In the stock market, you’re at the mercy of big corporations, macroeconomic decisions or Trumps sense of humor. Security: Yeah, you may have a fire, an earthquake… but what’s insurance for? So yes—profitability isn’t just measured in numbers. Because while others are stressing over extreme volatility, real estate investors sleep soundly knowing their wealth is still growing. Look. I’ve tried many businesses, invested and managed start-ups… and the only thing it pays off in terms of scalability, work, capital and time… it’s real estate. If you would like to start somewhere, I recommend you this. ​33 Questions about Flipping Properties​ 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. |
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Outcomes vs processes. This is the never-ending story of the project manager in any major infrastructure project. What to do. What to prioritise. Where to push. Where to let go. What matters. What is noise dressed up as “governance”. Well… A few days ago I had a discussion with one of my clients. I explained my views. Then, after the call, I sent him a message. WhatsApp. Yes. Not a 35-page PowerPoint. Not a colour-coded framework. Not a “strategic alignment deck” with triangles, arrows and...
Close to Pointe-Claire. Montreal, Canada. Circa 2011. A pen flies across the meeting room. Not metaphorically. A real pen. From the other side of the table. The guy receiving the missile activates his very sophisticated kung fu reflexes and leans to one side. Impact avoided. Silence. Everyone in the room freezes. Then he says: “Don’t get angry. If we don’t solve this now, things are going to get pretty bad for all of us. And in the blame game, nobody wins.” The meeting goes on. No more flying...
There are big, monumental, screw-ups…. Or “cagadas”. And then there are cagadas so big that someone should build a monument to them. The kind that doesn’t just destroy a project. It changes an industry. I’m thinking now about that traffic model that cost a traffic advisor millions and millions because its forecasts were more optimistic than Putin’s three days “special military operation” in Ukraine. That mistake changed the way PPPs with traffic risk were viewed. Contractually. Financially....