An email from a good friend landed in my inbox this morning that prompted me to explain a bit about priority. He had read the last two posts on this blog and raised a question that pointed to an inconsistency in what I was talking about. His question was:
So…if lesson 1 is that some things are more important than money, why is the 2013 resolution to break throughthe “income barrier”?
I was delighted and honoured to be asked by Vanessa Warwick of Property Tribes to contribute to their January 2013 campaign “31 Days of Property Inspiration“. As part of my story, I spoke of ten lessons in property that David and I have learned over the years. There are probably a lot more than ten, but this is at least a starting point.
Through a series of adventures and misadventures, David and I have got to the stage where we are now more or less making a living from property and related activities, and are setting our plans for 2013. Ok, so the belt may be a little tighter than we’d like and we have not yet reached the inspirational heights of owning a villa in the sun, flash car or being able to jet off anywhere in the world at a moment’s notice.
Despite the increase, the figures are still down on a year ago, but I for one choose to interpret the information as good news. Nonetheless I shall be interested to dig deeper and find out more detail about the increased activity. Where the sales are happening, what types of properties are being sold, so on and so forth, the usual type of research and digging that is useful when making investment decisions.
One of the most useful newsletters that lands in my inbox regularly is Money Week’s Money Morning newsletter.* After reading it I feel more informed about the economy and investing, though not necessarily more upbeat. Much as I enjoy reading the writers’ comments, they are frequently a bear-ish bunch at the moment.