• About Me
  • Blog
  • Books
  • Subscribe
THE TRACKLESS PATH

Investing For The Poor

7/20/2023

0 Comments

 
​An idea for the Real-Estate investor:
Why not, now and then shed it all
To the benefit of the simple
And start again.
Several times, I have seen an ad.
The investor in the ad
Boasts of how The Discovery Channel
Challenged him to remake his fortune
In a new city with no credit, no contacts, no money, no lifelines.
They gave him 90 days.  Or was it 30?  I don't remember.
And he did it.  Isn't that amazing?!
At the end of the challenge,
He had a five-million-dollar business, or was it 15?
I can't remember. 
Now, what if he had then liquidated that business,
Stripped himself down to nothing,
Lived a few days or weeks with the poor,
And then did it all again?
But instead of storing the money he earned  in the bank,
What if he had then used that five or fifteen million
To purchase super simple, mortgage-free, homes
For people who either don't have a place to live,
Or who desire to exit the housing racket
And live within their means.
Of course, to do such a thing, he would have to accept
That he is putting himself out of a job.
For, sooner or later, such an idea
Would bring down the market.
It would change the culture.
It would rock the world.
Halleluja!!!
0 Comments



Leave a Reply.

    Archives

    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    December 2022
    November 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    December 2021
    November 2021
    August 2021
    July 2021
    June 2021
    April 2021
    March 2021
    February 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015

    RSS Feed

Powered by Create your own unique website with customizable templates.
  • About Me
  • Blog
  • Books
  • Subscribe