Interest

Interest

“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” - Albert EinsteinRead more …
72規則

72規則

「72 規則」は投資家がよく使うツールの一つで、予想利回りに対してどのぐらいの期間で資本を2倍にするか早速判断できることです。 資本2倍になるまで約年間数=(72/年間利回り)Read more …
Always cover the downside first

Always cover the downside first

"Rule No.1 is never lose money. Rule No.2 is never forget rule number one." - Warren Buffett The astute investors all know - "Covering Downside" is the first priority when making investment decisions. Just like the "rules" that Warren Buffett has been advocated. We can take a look at a simple example bellowed that demonstrates the affect of "losing" and subsequent "effort" that is needed just to make it back to where things were before. If the initial lost is 5% then just a little bit more than 5% of "winning" needed to compensate…Read more …
單純,但很少為人所思考的不動產投資風險

單純,但很少為人所思考的不動產投資風險

一般不動產物件購入時,投資者通常支付頭期款( DownPayment ),剩餘部分則是銀行貸款。 精明的投資家和銀行家銘記在心的一點 - "市場風險"是任何投資的首要考慮。"Always cover the downside first, the profit will take care itself"。 不動產市場一如任何自由市場有其起伏,經濟好壞,利率,市場供需狀況甚至季節都是影響物件價格的眾多因素中的一小部分。 當市場波動,物件價格起伏時,最先受到影響的部分及是頭期款部分。物件價格跌落時,銀行貸款的部分並不會因而改變,相對的,剩餘價值( Equity )則跟著降低。 這是一般投資大眾所未思考的議題:頭期款是不動產投資最大風險的部分。 從另一個角度來看,銀行 - 自古以來及存在最成功的事業,永遠是站在低風險的一方來參與各項投資事業。投資者則是主要的風險承擔者。 精明的投資者可選擇以低風險的角度參與投資項目,而且仍然享有其他參與者相同的獲利。Read more …