I'll just lay down and bleed awhile. Then rise to fight again.
I'm an investor, i always have been. The door is half open, i see the qualities, other help me to understand the downside risks! Business, shares, property but when it all goes wrong for an investor then it's the people and the relationships you've invested in that still lift you up...
And it will go wrong, every 7 years for property, every market cycle for stock, you'll be riding high and the market will take a tumble. In hindsight it's always obvious. In the UK property has doubled every 7 to 10 years since 1930, so if it triples, then it's likely to drop 33% in the next correction. Here in the UK, property tripled and now we have an 8.2% drop in property prices (to July 2008), so we could drop a further 25% off the peak. It should, on average, double off that low within 7 to 10 years.
A good early read on investing is Robert Kiyosaki, Rich Dad, Poor Dad. He won't really give solutions, but it'll start the journey of being an investor and growing assets. There are always setbacks but never reasons not to invest.
