This is where you calculate your risk appetite + plans for self + financial situation lor, honestly.

If investment was that easy we'd all be millionaire

Just as no one predicted a Pandemic of the scale we're experiencing now, or a Sheraton move, it's not so easy to say if things will head that way.

The true mastery of investment is, whether you have a backup plan (or several) to cut losses if this truly go to sh*t, so you don't need to worry about "What Ifs".

I'm no investment guru, just another dog on the internet 😂 so for myself for example I buy house not to earn money but for ownstay + secure finances in an illiquid but relatively stable asset. Why and how I invest will not apply to someone with a different risk appetite/different amount of investment capital/, different goal.

Many seem very pleased to own 3 or more properties which may be loss making and not an efficient way to build wealth but yet the cycle continues.

A person who owns that much property, in my general and biased experience in dealing with people who actually do own that much property, do not actually own that property as an optimal way to earn wealth, but as a status symbol.

Because it takes a lot of starting capital (and/or deliberate obfuscation of financial straits by playing with the system to stretch their credit) to even afford to get 2 or more home loans simultaneously. If it's mostly paid in cash then is just showing off even further lor.