Chinese Real Estate “Investments”


Interestingly these properties were  paid for by end-buyers with savings and there are no mortgages on them.

And there are stories of the Chinese cashing in these properties and buying others in the US.

Stuck by the similarities with the Japanese idea of saving in houses to fund retirements. Unfortunately things did not pan out as projected. With a glut in houses, prices didn’t go up as projected and an ageing and dwindling population further reduced demand for houses.

Do Not Lose


wealthymatters“I care deeply about making money. I want to know I’m not losing it…. The most important thing for me is that defence is ten times more important than offense… You have to be very focused on the downside at all times.” – Paul Tudor Jones

If you lose 50%, it takes 100% to get back to where you started- and that takes something you can never get back: time.

How George Soros Made Over A Billion Dollars On One Day


Here’s the video to watch if you’d like to know how George Soros broke the Bank of England, and made over $1Billion in the process ,on 16 September,1997.

 

Investing Like An Indian Politician


wealthymattersThe one thing career politicians in India know is that income often comes in fits and starts and there is a need to provide for necessities and expenses in the meantime.

Here’s what a lot of them will do.

1.FDs in the name of every family member not qualifying to fall in the tax-net. That way some regular income for necessary expenses is always generated.

2.Land: Invest in land in appreciating location.Agricultural land purchased on any national highway at distance of 15 to 25 kms from the city centre of big cities have tended to double in 2-3 years and so make excellent main appreciating assets .Take up agriculture yourself or let out the land to other farmers for rent .So your income will be tax free and the underlying asset will appreciate as well. Regularly sell land on appreciation and move away further to grow capital. Urban land too works but community activities on it are not tax free. Read more of this post

“I can’t pick the tops, but I can pick the bottoms.”


wealthymattersJeff Sandefer was once my teacher in school.Since graduating from Harvard Business School in 1986, Sandefer has had many successful business ventures, amassing a personal fortune of hundreds of millions of dollars.

Here is the story of how this Texas oilman acquired 17 billion barrels of Australian shale oil reserves in a controversial deal that eventually generated roughly $150 million for his philanthropic organizations. Those nonprofit groups now play a major role in Sandefer’s efforts to change higher education in Texas.

Confidentiality agreements prohibit Sandefer from revealing details of the Australian play. He says he can’t even confirm the identity of his partners, the Ziff brothers of New York, even though their involvement is widely known.

Some in the Australian media have portrayed Sandefer’s 2003 investment in Southern Pacific Petroleum as a calculated ploy to force SPP into liquidation and hijack the company’s vast reserves and technology. Read more of this post

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