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  1. BayView

    The KISS principle - my take on applying it to property investing

    you need to re-read "Richest Man in Babylon" again...or have you not read it yet? It's not about the vehicle to wealth, or volumes of wealth that can be generated, it's about the principles of accumulating money from what you already earn and then go from there.
  2. BayView

    The KISS principle - my take on applying it to property investing

    no matter what date in time, the investment vehicle, business or Internet invention that might make you Uber-rich, at the end of the day the basic rule is more money in than money out. The whole point of Richest Man in Babylon - which you've missed - is that back then, as now; good financial...
  3. BayView

    The KISS principle - my take on applying it to property investing

    Same here. His greatest message is about changing your spending from a consumer to an investor. One small example; the average person will spend say; $30k on car. No reason for $30k - just for the sake of the argument. The RK mentality is to spend say, $20k on a slightly older version of the...
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