We are more likely to hear people becoming rich in properties than in stocks. Read and understand the wisdom from Soros and you will know why?
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” ~ George Soros
Risk and Substantial Stake
Even you are good at picking a few multi-baggers in your portfolio; do you have substantial stake in these multi-baggers to become rich?
Do you dare to take up significant risk to build up high stake in these high growth stocks which may be your potential multi-baggers to become rich? How many people have steel balls?
In property investing, the story is different, you don’t need to have steel ball to play because once you are in it. You already put up substantial stake without even noticing it and even …