Flipping Houses for Profit: Knowing Your Numbers with a Fix-and-Flip Model
I stand by my preference for buy-and-hold strategies — stocks and real estate alike. This site is all about the advantages of the long game, and I’ve written extensively …
business economics
7 Metrics to Determine if Real Estate Profitability is Good
Using just one profitability metric is a recipe for disaster. Instead, you should always use a combination of two or more complementary metrics. That is …
Mall Space Rental in the Philippines: Things to Know Before You Dive In
The best locations come expensive. And this is a big reason why location doesn’t guarantee business success — prime locations will come at higher rates that may …
Diversification and the Untold Mistake You Are Probably Making
A portfolio of 100 stocks can theoretically be less diversified than a portfolio of 20 stocks. By itself, increasing the number of stocks you hold …
21 Examples of the Sunk Cost Fallacy in Everyday Life
The sunk cost fallacy is an economic concept with surprising applications in everyday life. From business and investing to sports and shopping, it’s a notion you’ll …
Should You Quit Your Job and Start a Business? How Asymmetric Bets Matter
Some people don’t have to make this choice. Entrepreneurship either comes naturally to them or is totally out of the question. But for others, including …
The Risk and Return Trade-off Applied in Real Life (Uncommon Examples)
The risk and return trade-off (tradeoff) is one of the tenets of life — not just finance, but of everyday life! It’s certainly one of …
How to Know When to Close a Business or Operate at a Loss
Knowing when to close a business isn’t just about avoiding losses. There are valid financial reasons to continue operating despite not making a profit, but …
5 Key Reasons Product Quality Does Not Guarantee Business Success
A piece that puts off would-be entrepreneurs from starting a business is there’s never ever a promise of running it profitably. It’s not that the perfect …
Start a Rice Business in the Philippines: 3 Options You Can Do
I’ll try not to bore you with overused facts. You already know how rice is to Filipinos and that’s probably why you’re looking into how …