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WarrenBuffettinvestmentrecord40yearsfrom19yearsoldto59yearsold.
1949:$9,800
1956:$140,000
1961:$1M
1969:$25M
1979:$140M
1989:$3.8B [阅读全文]
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Treesusuallydon'tdamagethefoundationofahouseunlesstheyareveryclosetothehouse,like2to10feetaway.Buttrees'rootsareverybadtoyoursewerpipes.Ifyouhavetreesclosetoyoursewagepipes,youneedtohaveplumbertocleanthelineatleasteverytwoyears. [阅读全文]
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Thispostwaswrittentoreplyapostin投资理财forumaboutmaking$1Minamonth.IhaverepliedjokinglythatImade$1MinApril2017.HereiswhatIwroteinafollowupwithmyfirstreply.'Iwaswaitingforsomeonetodisputemyclaimofmakinga$1MinApril.Sofar,noonequestionedaboutmyclaim.Alright,IhavetoconfessthatIlied.'. Idon'tthinkthatsomeonewhocanmakea$1Minamonthwillhavetimetocometothisforum.Weallknowthatitisnoteasytoma...[阅读全文]
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Iusethismethodtodeterminewhetherpayingdownthemortgageornot. Let'ssaythemortgagerateis4%for30years.Thequestioniswhetheryoucanmakemorethan4%annualreturnonyourinvestment.IftheanswerisYES,thendon'tpaydownyourmortgage.
Let'ssayyourinvestmentreturnis6%,then4%goestothemortgageandyouhave2%gainafterthat.Actually,yourmortgageratecouldbelowerifyouhaveitemizedyourtaxreturn,soyoureffectivemo...[阅读全文]
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Forthepast9yearsafter2008financialcrisis,UShaslost9Mconstructionjobs.Italsobankruptedalotofrealestatedevelopers.Now,theeconomyhassomewhatrecoveredandpeopleconfidencehascomeback.Thetroubleisthattherearenotmanyhousesinthemarketforsell.Thesupplyisshortsincethebuildershavenotbuiltenoughhomesforthedemandduetotheeffectofthecrisis.Rightnow,itisaseller'smarket.Themortgagerateswentupabit,buttheyarenotn...[阅读全文]
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