“Real estate investing is like an adrenaline rush, once you start, you just can’t stop,” says Jose, who bought his first property five years ago and hasn’t stopped since. With a background in Engineering, and a knack for problem solving, he began his quest as an entrepreneur at the young age by buying his first property in 2007.
Jose was always interested in ‘all things financial,’ and spent a few years working in the financial services industry offering people mutual funds as a primary investment vehicle for retirement. However, everything changed after the late 2007 market crash where Jose and many of his clients lost a large chunk of their investment portfolios. He quickly learnt that the old mantra simply did not work:
1. Save regularly.
2. Hold your investments for very long periods.
3. Build a highly diversified portfolio of mutual funds.
4. Stay out of debt