Thursday, 9 June 2016
New Rule of Money #3: Learn How to Control Cash Flow
New Rule of Money #3: Learn How to Control Cash Flow: My partners and I create cash flow for ourselves by watching the global movement of cash. For instance, we invest using debt to purchase apartment buildings in areas where there are good jobs, areas where people are flowing and money is moving to. In simple terms, real estate is not worth much if there are no jobs. Jobs attract people. And where people are moving, cash is flowing. It’s simple, but most people are not trained to look for these things. As a result, their cash flow suffers.
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