there's a cemetery right infront of denai alam.. have you noticed that?
what's your take on this?

most reits are into commercial properties.. it's a different playing field as compared to residence.. no doubt it's fairly rewarding(dividend wise)..

unfortunately, there's alot of confidence or book building needs to be done before the general public gets into it..

i do keep an eye on this asset class.. it does have potentials..

jason,

for you to say this.. it's just a reflection of time that you're in currently.
when you asset base is small.. it's very easy to manage.. hence DIY is suffice..

but when it comes a time, to manage millions/billions.. it's not as simple as you think. moving/shifting/re-positioning of such magnitude of money, draws attention from everywhere. having proxies to manage it for you can be a cleverly masking strategy to adopt..

when you've earned your millions(or perhaps billions).. hopefully you can revisit this statement and reflect back what you've just bicker out below.. see if it still holds true.

there's a hint of arrogance there..
although that's a favorable thing to do.. (nevertheless, it's still not a 1-man show)

don't talk billion yet.. on a personal level, have you even hit the million mark first?
syndicated buying is powerful.. for its leveraging effects. if the trust is sustainable.. it's a good vehicle for wealth building.

This post has been edited by lwb: Jun 20 2009, 05:13 PM

can sure smell a crap talker from a mile away.. *lol*

anyway, your sentiment is well understood.. i subscribe to it myself.. i just erred on the cautionary side of things sometimes..

what's your philosophy when it comes to wealth?

niaz... how many generation(s)?