Last Night, One Student Lighted Up A Bulb In Me ….
Investing is Team Sport ??
In last night ,Louisa’s weekly chat with our students to share true stories of their investment journeys, Melvin Poh said something that struck me.
He said “Investing is Team Sport”.
I reflected on that before I slept. And I had these realizations:
- When many of us buy many units in the same building or project, our votes count on how well a building is kept….I am sad when I see an old building in dilapidated conditions
- Together, we keep a data base of irresponsible tenants who go around cheating property owners
- There were a few times when the Bankers give us preferential treatments when setting up banking facilities
- I can invest in properties as far away as Woodlands, knowing that I have a trusted team member to serve my tenants there when needed, and I will do the same for them in my area
- Many more…..
This young man is correct. Investing is really a Team Sport.
What other advantages can you think of?
Love,
Marko
Investor, Practitioner & Full-Time Coach
