Not exact matches
Building a sizable nest egg is a crucial aspect of
creating a secure retirement, and there are several factors you must weigh carefully when
accumulating assets.
Once domestic fiscal resources exceed foreseeable budget needs there is a twofold rationale to
create a long - term savings fund: the first is to better
accumulate and manage
assets and the second is to invest overseas to avert «Dutch Disease» - inflationary and currency pressures that might stifle economic activity.
Creating your cashflow by purchasing and
accumulating 4x to 5x the number of
assets involves increasing your risk ten fold.
Instead, I would advise you to
accumulate cash flowing real estate
assets and pay them off over time so the income they
create takes care of your retirement lifestyle while the principal (net worth) is untouched and rising.