You register your account with the established firm. You are proud of yourself that you choose the reputable trading house.
You try the trading software.
Ooh...it has the charting service, the latest news about the company & the general economy news of the country.
Wonderful.
You check the current market. It has plunged quite significantly from the day before.
If you decide to be a bargain hunter now, click here.
If you decide that the market can still sink lower, click here.
Thursday, August 9, 2007
You sigh as you close the book. "Sorry, Robert. Perhaps it's possible to become rich by your method (buying a real estate & renting it out) in your country."
"In this country the monthly mortgage itself can be enough to kill you. Even if you manage to find a tenant, it's not certain that the monthly rental will be more than the mortgage."
"It will still be a negative cashflow & as you said in your book, the house will not be considered an asset, but a liability."
From feeling inspired, you're suddenly feeling despair.
You decide to watch the TV to see how the celebration of the National Day is going on. Perhaps you'll feel inspired once again.
"In this country the monthly mortgage itself can be enough to kill you. Even if you manage to find a tenant, it's not certain that the monthly rental will be more than the mortgage."
"It will still be a negative cashflow & as you said in your book, the house will not be considered an asset, but a liability."
From feeling inspired, you're suddenly feeling despair.
You decide to watch the TV to see how the celebration of the National Day is going on. Perhaps you'll feel inspired once again.
~The End~
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