You Can Be Rich And Broke: Cash Flow Is King

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Most people look for capital gain when it comes to investing. Net worth is based on estimated value rather than actual cash flow, hence you can have a millionaire who is stone broke – asset rich but cash poor. They are worth millions but are broke at the same time, contending with past due bills. A minor financial crisis can cause them to dispose of their assets at a giveaway price. Negotiating property price with an owner who desperately needs the money is every buyers dream. When they sense the desperation, they lower their bid. They buyer calls the shots. He who has the gold makes the rules.

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