Thursday, December 6, 2007

What To Buy When You're Wealthy

Not really specific to investments, but I thought it was fun for the holidays. I frequently have people ask me the best way to build wealth. I truly believe investment real estate is the way to go. Then people will joke and wonder, what would you do with the money if you became wealthy? Well, you could invest in more income-producing properties (not flips, but hold for true income, growth, etc.).

Or, you could consult Time magazine. Apparently this is how the super-rich spend their money.

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