Today most people earn billions of dollars through investments.
The other ways can be inheritance but people can get rich or get poor with time, no guarantee that you are rich today and will continue be rich next 10 years or 50 years.
Real estate investing can make people rich over time.
They can get poorer or bankrupt if they make bad investment, and it is true not only in real estate.
By that we have two principles:
- Principle 1: Don't lose your capital, by that you must have good risk and benefit management, with priority is on control risk and avoid loss as most as possible.
- Principe 2: Don't forget principle 1.