11-16-2023, 05:22 AM
(10-27-2023, 04:55 PM)Henrywrites Wrote: Well, such a move might have worked for him in the past, and it is something that you can't take away from him. He was very vocal about investing in real estate and whether we liked it or not. It was a very good one in his days. However, things have now changed, and the need to have people diversify their investment is one that is quite good and should be practised.
Myself, I agree that his strategy is too risky, but I do think some risk is a good thing. In fact, losses can hurt in the short-run, but it's very possible to fully recover.