When youre buying real estate for investment, he says, look for moats barriers to entry that keep the competition low and boost your potential for profit. He told us all about it here at the Investment Forum in Toronto. Ronan who borrowed the term from Warren Buffett applies this concept of moat economics to every investment he makes.
The middle class is struggling. Thats why, despite falling home prices, hes not investing in the these days. And there are other, bigger problems, too with no solutions insight. Ronan, an international real estate investment advisor, spends most of his time traveling around the world looking for the best real estate investment deals out there. One of his strategies is to follow the emerging middle class.
They only pick those with a solid track record and who are on a solid path to profit. Projects with economic moats in markets or situations where it is difficult for competitors to gain entryand sales and margins are protected. But Pathfinder wont work with just any real estate developer.
Hmmm I dont think theyve got their heads on straight For like I said yesterday, whats more important is the Honor of the Nation at stake So go ahead and protest and see the country default, then you wont get any of your demands anyway! I really dont want to talk about this stuff this morning, but thats whats going on right now as I type away with my fat fingers. And to makes matters worse for Greece, the unions today are staging protests, because they dont like any austerity measures one iota.
It may be triggered by economics (e.g., debt defaults and debt crisis contagion in Europe, a crashing dollar, or commodity price spikes); it could be terror (false flag or real), a man-made disaster (another Fukushima) or one made by Mother Nature or any combination of theabove. Another violent financial episode is looming. Conditions are rapidly deteriorating and it is imperative to remain on high alert. The moral of this story is to not let your mind take a summer vacation.
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