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So what JackC seems to be saying is, be an investor but don't enjoy yourself or have fun doing it. Gee, he must be fun to talk to.

A very simple example is: 1) Start with nothing in the economy but you have 200k cash. You buy a property for $200k for cash. 2) next year, the vendor buys it back off you for $220k. They borrow 20k from the bank and use the 200k you gave them. 3) you get the 220k cash. The amount of...