Chapter
Real Estate as Diversification for Investments
The speaker shares insights on how he sees real estate as a diversification strategy for his e-commerce and startup investments. He is under contract to buy two or three units in the next few months and plans to buy a unit a month in the future to see how the market responds to changes in interest rates.
Clips
The speaker is planning to slow down his real estate market investments due to rising interest rates and the uncertainty in the market.
45:45 - 48:11 (02:26)
Summary
The speaker is planning to slow down his real estate market investments due to rising interest rates and the uncertainty in the market. He believes in holding on to his property for a longer duration.
ChapterReal Estate as Diversification for Investments
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker shares his thoughts on whether to diversify one's investments or to focus on a specialised area, considering his experience in e-commerce and startups and the vast knowledge required in other fields such as real estate.
48:11 - 49:56 (01:45)
Summary
The speaker shares his thoughts on whether to diversify one's investments or to focus on a specialised area, considering his experience in e-commerce and startups and the vast knowledge required in other fields such as real estate. He also factors in his expenses and lack of a job, highlighting the need for income flow as a factor in making such decisions.