b.New Property Game?

The last part is here:   Grotesque Printing of Fiat Money

URGENT! URGENT! URGENT!

Interesting. During my dad's era, saving is the way to go. During my era, I did save but not as much as my dad. My money came mostly from speculations.

Now with grotesque printing of fiat money, a new strategy has to be found to protect our hard-earned money.

Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the economy when standard monetary policy has become ineffective.

Quantitative easing can be used to help ensure that inflation does not fall below target. Risks include the policy being more effective than intended in acting against deflation (leading to higher inflation in the longer term, due to increased money supply), or not being effective enough if banks do not lend out the additional reserves. According to the International Monetary Fund and various economists, quantitative easing undertaken since the global financial crisis of 2007–08 has mitigated some of the adverse effects of the crisis. Financial experts have criticized the programs for exacerbating wealth inequality, a finding confirmed by the Bank of England.

In simple words, it means printing money all the way. It is new concept as it was only put truly in place in 2008. The result is the number of coloured papers increases every year chasing after a fixed number of real assets. The result is hyper-inflation. Meantime, the wages of plebeians are kept low. The owners of real assets get ultra-rich as a consequence.

I know because all my white farms have gone up 3 times the prices I bought. Even garbage like an old useless church is now going for 3-4 times its original worth. All my paper houses are now worth even more. All these in less than 2 years of work. The plebeians did not even receive a penny increase in wage.

Therefore, in the era of grotesque printing of money, the true answer lies in the ownership of real assets.

Just look at the REITs in that fuckened little island, the REITs don't care whether the shops can be rented or not. They just raise the rentals every damn year. There will always be stupid takers, thinking that they can become the next 12 cupcakes. They sure did. They are now buried alive under a mountain of debts. Soon the daddies would have to sell off their teachers' estate terrace houses to repay.

To cut the chase,  the following results:

• Cannot Save - You cannot save fast enough to buy real assets cash. You can only buy a small one quickly and trade it upwards.
• Bank Borrowing - I know this is dangerous. But, you may not have a choice but to dance with the devil for your first property.
• Trading Upwards - By not increasing any GEARING, you must learn to trade upwards, i.e., liquidate one and buy two.
• Small Size - Buy small sized properties only. This will reduce predatory aggressive from neighbouring players. Please don't appear to be a big fish.
• Rental Income - Rental income is important. Forget about capital growth, it will take care of itself when the time is right. It will behave like a swinging pendulum. It will be right soon enough.
• Never Remortgage - This killed me the last time. Enough said.

Another worked example:  The legend Retold 10 years ago bought into an apartment that can house 8 families. The apartment block sits on a small piece of land. It was cheap and very great for rentals. The whites love to rent. Over the years, because it was made of paper, the repair cost was terrible. Quite frequently, his rentals were used to cover repairs. Now, 10 years later, he tries to sell it. There are no good takers and the capital appreciation is bad. So although the idea of investing in real estate was good, but poorly executed. He has lost a decade of capital appreciation.