For this article I really want to step aside for a little time from the COVID-19 discussions and predictions about how the effects of this virus is going to affect the economy.
So, I thought I would go back in a way to investing 101.
Please note that this is a 2 part article, so look out for part 2 to follow in the next few days.
I was recently sent a question by a publication, posed by one of the readers which asked whether it would be prudent at this time to access capital out of mortgage bond of a rental property and invest this capital offshore?
My response was appropriate, but it got me thinking about the difference between investing and speculating. In my mind the reader’s question was going into the realm of speculation rather than a disciplined investment strategy.