we now know that late investor Martin Zweig's legendary penthouse apartment atop the Pierre in New York City will be listed for $125 million....He paid $21.5 million for the penthouse back in 1999.
Interesting... It does seems long-term passive investing means putting money into a property(be it residential or investment) is a surefire way to riches. Of course, I never go into how he did it or what's his return on stocks are like. He might even have bought his house with a 80% loan which means the ROI is CRAZY. Just my opinion..
4 comments:
Make money from stocks and pump them into property.
Make money from property and buy u more properties.
Cheers,
Dave
Hi Sir,
I have a aggregator site - TheFinance.sg. The purpose of this site is to consolidate quality sites and articles like yours together. By doing so, I hope to promote local blogs and financial literacy to a larger audience.
I will like to seek your permission to syndicate your articles. I'm contactable at “thefinance.sg[AT]gmail[DOT]com”
Looking forward to hearing from you.
Best Regards.
Derek
Sure Derek. Go ahead and linked me.
Thanks.
Thanks Wealth Journey,
I have published your articles in my site.
All the best in your financial journey.
Cheers!
Derek
Post a Comment