Say I buy an IP today for $200,000 in a rising market.
In 3 years say it's worth $250,000.
Then the market starts falling & declines in value over the next 4 years to be worth now $200,000.
So after 7 years from initial purchase the IP is worth the same money.
Then the market starts to increase & in the next 3 years doubles in value to $400,000.
So 10 years have passed & therefore completes the 10-cycle of doubling in value.
(Note: The above figures & years are approximate figures)
So here's my point: Instead of buying property ALL THE TIME; you could try & gauge the low point of the market (the BUST) & BUY UP BIG just before the market takes off & starts to rise (lots of people have done this in the past); hence saving around 7 years of going up & then falling back to the original figure anyway.
Just some thoughts of mine. See what others think???
In 3 years say it's worth $250,000.
Then the market starts falling & declines in value over the next 4 years to be worth now $200,000.
So after 7 years from initial purchase the IP is worth the same money.
Then the market starts to increase & in the next 3 years doubles in value to $400,000.
So 10 years have passed & therefore completes the 10-cycle of doubling in value.
(Note: The above figures & years are approximate figures)
So here's my point: Instead of buying property ALL THE TIME; you could try & gauge the low point of the market (the BUST) & BUY UP BIG just before the market takes off & starts to rise (lots of people have done this in the past); hence saving around 7 years of going up & then falling back to the original figure anyway.
Just some thoughts of mine. See what others think???