Such an important topic and very well thought out my friend!
The concept of ONLY investing in assets I want to go to the grave with has always played out well for me.
Anytime I have bought an asset for the short term gains I have taxed by wither the government of of long term potential.
Real estate has given me a very long term thinking when it comes to investment and I am very excited to see how the new changes coming to LEO are going g to continue to draw more users here and to HIVE on a whole.
I am currently pushing my personal business harder and taking some of those profits to Aquire more LEO & HIVE.
Leveraging CUB defi and taking those profits to Aquire more LEO and HIVE has been extremely rewarding.
Although I am sure at some point the Cubfinance project will find some good utility and reduce or reverse the inflation we are seeing on CUB, which will lead me to which I had held and invested in more while it was so low as it is today...
Who knows. I may just go and increase my CUB position in the next few months as well.
Business is still my favorite in extent because it throws off cashflow, but storing that cash into other assets is fun and financially smarter than holding cash, which is inflating Almost as fast as CUB is...
Posted Using LeoFinance Beta
Real estate is something I have Interest in but I feel I don’t have enough capital to start
I felt the same way until I started digging into real estate back in 2008. In the US we can buy a house with as little as 3.5% downpayments.
That being said, since I've started investing, I have learned how to buy real estate without using my own money and typically stick to the kind of deals that are based on the Assets cashflow itself and the Asset being purchased low enough under market value that the banks won't require a downpayment.
This is typically only possible on Cashflowing properties like Commercial real estate and commercial/residential properties.
Look up Asset-Based Lending or seller Financing. I'll likely write a post about creative financing strategies in the future thanks to your comment. Thanks for dropping this one in!
Posted Using LeoFinance Beta
You are welcome. I live in Nigeria though I don’t think we have the same style of asset investing.
So true about real estate investing. Depending on where you live and the type of real estate you're buying you can actually get tax rebates, etc. to pay your mortgage. It does require a lot of research, though. Plus given the amount of money involved in the transactions, it's not something anyone should just dive into.
Thanks. This is something I've actually wanted to look into for some time now.