In a down market “Cash flow” is the only thing that counts
I remember when leverage was the key to success in business and investment. Today is not the time for leverage investment. You have to wait for the up market. This is the time to concentrate on cash flow. Hang by your teeth, watch every penny, cut back on our costs and we will win.
There will come a time when we can think of leverage again when investing in property and real estate. Watch the trend, make sure it is not just a blip, and as we see the steady turn around, then and not until till then is it time to start investing again in property.
Written by: Howard R. Sinclair
http://www.businessstartalberta.ca
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