Originally posted by disktroyer at 20-2-2011 03:53
If you have all the 5 C's, then I wonder why you can't fix your time with it?
If it's because of your family, send them for a tour to in Caribbean.
If it's work, delegate! Get a topnotch manager to ...
It is because of the 5C's that I don't have the time.
I'm not wealthy enough to say screw it and stop working, maybe one day but that's years into the future. Right now I have to work hard to earn every penny to keep what I have. I might be able to fly first class and enjoy a comfortable life but if I was to stop working for a year I'd be in the poor house or close to it. This whole financial meltdown have also put a real damper on my investments in Asia and my property in the US took a heavy dive too.
I'm sure some of of my fellow forum member can understand as we have all lost quite a bit in the past few years. Shit on one property alone I lost over $300,000 USD in value, recovering from that is going to be hard. I'm still positive but damn if it doesn't hurt from having $500,000 USD in equity to borrow against for other investments down to having only $200,000 USD in equity, I leverage it for one deal and I'm all tapped out of investment equity.