I had a chuckle, you get a thanks

I had a discussion with my biggest client today. I told him that I simply didn't have more time to do the research that I have been doing for him given my other endeavours and I was ending our decade long relationship and referred him to some of the CRE consultants that I thought were decent.

He then asked me if it's possible to write him a note or e-book kinda thing on what I do on the researches on finding real estate deals and how I work in general for him to keep. Since he believes I'm the best at what I do as I was able to organize all the complicated stuff into a way that he could understand it.

It got me thinking, would you guys be interested in something like this if I were to write it into an e-book and sell it for some money? I figure if I could write something that's RSers could understand, I could sell it to anyone. :fuckthatshit:

Of course I'm not looking to sell to you cheap fuckers... but basically post my general ideas here, see if it makes sense to you guys and then expand it in my book.

Nah.

Someone, please give this guy an award. :lol

Ok

The worlds first 2980000 page book.
“In conclusion, have parents that can provide a safety net and you too can be wealthy through investing”

Nah. I’ve seen trust fund kids with 100k monthly allowance or 8 figure inheritance and yet they don’t know jack about investment and either blew away their inheritance in a matter of years, not even decade.

Sure, they don’t live a bad lifestyle, but to be at next level, you need the right process and discipline.

Yes, windfalls help. There’s no denying about it. But a right method doesn’t require that. If anything, one just amplify their ability to make money.

It took my parents 30+ years to reach 7 figure yearly income, I did it without their money in less than half of the time. I thank my parents to show me the proper way. But I wouldn’t do what they did. Where they expect us to make our own fortune. I expect my kids to use my resources to reach level that I would never be able to reach. I’m already a millionaire and if projection holds, a deci-millionaire in my lifetime. Why bother raising another millionaire? I want them to become a centi millionaire using my resources. Anything less, I’d have failed.

Nah.

the man just can't stop

I’m on the path to leave my daughter enough money so that she will be able to have a decent life with whatever career path she chooses, whether it’s an artist or a brain surgeon.
As long as she’s happy, I haven’t failed as a parent. Consider adjusting your goals.

Everyone in Vancouver that wholly owns their home is probably a millionaire. When I finally pay off my mortgage by 65, I should be a multi-millionaire too~! (2 is still more than 1, dammit!)

But the sad part is that for most, their home is their greatest asset. That is a problem in my opinion.

The residence served no other purpose than a forced saving account and shelter.

Worse, many, specially in Canada went into the housing market with the belief that housing market would just keep going up. This is not true. In the very long term, housing just keeps up with inflation. If your house is your largest asset, I'd suggest to take a second look at your finances.

If your kids become centi-millionaires it'll be because currency has debased so much in their lifetimes that $100 = $1. Pray they don't live to see that.

The idea is that they can become what a centi-millionaire is today when they grow up. Number is just a number.

What do you suggest to the average first-time homeowner with limited cashflow, but saved enough for a down payment and a budget that supports their mortgage and everyday expenses with no windfall from their parents in the current market?

^ No you fool! dont encourage him!

Doesn't hurt. You also gotta have people edit. Someone wrote a book about her endeavors and gave me a copy to read thru. I gave her some blunt critique cause I promised her candid feedback. Turns out the copy was final version and it was totally crap. Felt bad the book sucked but hey, it's a self published book and who am I to judge.

Hehe should collab with Jason and write a book together

From a 'normal' person / couple with steady income, I would say housing is the safest.

IF he/she has extra cash then sure... RRSP? RESP? Pay down mortage? Genuinely want to know what options are available.

I can see the book exploding in popularity as a New York Times Best Seller and Oprah throwing the book at everyone.

https://i.imgur.com/dZsIXsI.jpeg

I think it's been established here that members here on this forum have a minimum annual income of $250K+. :concentrate:

If you aren't at Hehe's level by now, you fucked up. :accepted: :failed: (Myself included.)

I'd be interested in your ideas.. but you're gonna get a (an already) tough audience here lol

Oh, look. It's our resident chief economist.

The reality is, anyone who started making money 20 years ago, their path to success is borderline irrelevant at best.

Hehe book:
Chapter 1: born from a rich vagina
Chapter 2: never stop talkkkg about rich vagina
The end.