hello lig, welcome. between longisland, manhattan, tobago and hong kong, we have all the important islands represented :0)
am in beijing at the moment doing something for family, then back on money rock hk next to freedom mountain kowloon during the weekend.
next week will be hectic in a business/social sort of way, until friday, when much of hk clears out for holiday destinations, and sino-asia settles in for lunar new year celebration.
current discretionary stance: cash, gold, real estate, a slop of energy, and a bit of this and that
i had followed the discussion amongst the threaders on epic and mish
i am into the fiat money inflation game, but am cognizant of the fact that the market will nail to the wall the greatest number of people at the most inconvenient time in the worst of possible ways
i am now looking to close on behalf of a family and friends syndicate on a small building (ground floor shop and upstairs apartments) several doors away from the local gold and silver exchange cgse.com.hk .
the syndicate hopes to buy and hold, watch, and collect rent, and when the time is ripe, as each lease comes up for renewal, raise rent, or kick out tenant and renovate, then raise rent, and be in alignment with the changing fortune of the neighborhood.
i consider the opportunity a fiat money inflation wager, a real estate commodity play, like a gold mine, but better, with a dividend yield, in the middle of 7 million folks, on the edge of 1.3 billion other folks, located in the most free of all the galaxy and wealthiest of all the universe.
as the exchange springs to mania life, we hope to rent out the apartments, then decked out with reuters/bloomberg monitors, tasteful art, jet massage power shower, and round and rotating bed surrounded by mirrors, as love-nest cum trading offices, with a pot sticker eatery downstairs for energy replenishment.
so, yes, i am bullish, but playing it in a slightly different way :0) |
