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But what exactly are these rules?
These are the top investing rules they said their wealthiest clients never break.
Also seefive tips from self-made millionaires to simplify your investment portfolio.
For many high net worth individuals, one investing rule is to keep some things liquid.
So how does this work?
Instead of this, many high net worth individuals play the long game when it comes to investing.
They consistently put money away, regardless of what is happening in the stock market.
Thisdetermination and dedicationare among the reasons they have become so successful.
And the returns can be great.
Real estate provides numerous benefits: passive income, tax benefits, leverage, appreciation and cash flow.
On that note, he added that wise investors dont bet on appreciation.
They purchase properties on a sound judgment that the property will generate more income than it costs to own.
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