A few years ago, I read about a study conducted by Fidelity on its client brokerage accounts. The study tried to identify the best performing investors at the brokerage, by reviewing account returns. They came to a stark discovery – the best investors were either dead or had forgotten to log on to their accounts for a long period of time. It really pounds home the power of buying quality assets, whether that be equities or high quality Vancouver Real estate, and then just sit on your hands and leave it to compound and grow.
In this blog I also talk about the high friction costs of buying Real Estate and how they kill your returns if you're actively buying and selling.