Mortgage Blog

We need make the right decision.

December 10th, 2011 10:30 PM by Eric Fang

I started running a few weeks ago, and I can not
decide whether I need to start the program of
5k and 10k. And the coach helped me to make the
decision and also provided a lot of advice about
the exercise before nad after the running, the nutrition
and how to prevent the injury, etc. That's why
we need the professional service.

It reminds me the same about the mortgage.
1)First, we should have a long term goal(
For me, half marathon, not sure whether I can
do it).

2)But most important thing is the short term goal.

3)Then adjust the long term goal if the financial
status changes.

Different people have different financial goal.
One of my best friends do not touch RE at all.
He think it is time-consuming. And since he
is good at stocks, commodity trading, he knows
how to hedge again the inflation, pretection
against loss risk, etc.

I have some clients having the goal of 4-5
REOs; some have the goal of 10 REOs. I did
have a few clients already reached that goal.

For any of the goals, we need to do due diligence
homework, to find out your risk tolerance level,
and what kind of investment you are interested.

It's a long way to go, and we are learning
everyday. But still we are trying. Like running,
after we finished one more mile, we are one mile
closer to the finish line.

Posted in:General
Posted by Eric Fang on December 10th, 2011 10:30 PM

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