RE: Blueprint to financial freedom

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Blueprint to financial freedom

in monopoly •  8 years ago 

For the most part, yes - agree. What happens though when the big Ponzi/Federal Reserve/20 Trillion dollars and counting scheme comes crashing down around us. Property should be important part of everyone's financial wealth, but not all. If we can learn anything from life is that history repeats itself over and over again. Property prices will crash again and the governments around the world have very little ammunition left in the magazine. A balanced approach at this 20 Trillion dollar point it in time could prove beneficial - Gold, Silver, Cash, fine Art, Wine etc.

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I know that housing market go through a boom bust cycle, but as long as you profit a few hundred dollar from each properties from your tennant then it dont matter about the price because im never selling the house for profit. Im making passive income for life, that is the goal.