It seems as if inflation is starting a slow creep back into Costa Mesa supermarkets and gas stations—something that hasn’t happened for quite a while. For families on a tight budget, it’s hard not to notice—especially when it comes to trying to put something extra aside as a long-term investment.
By way of partially alleviating that concern, it’s worthwhile reviving some elevating insights from past eras. They stem from a chorus of exceptionally qualified voices when it comes to sophistication in investing: namely, economists, millionaires, and billionaires.
These elevating insights can be heartening whenever Costa Mesa householders write a monthly mortgage check that pays down the principal. That only seems like a monthly expense—and hard-earned dollars out the door. In reality, those dollars are on their way to a happier place: the long-term investment column. And there’s been major agreement among history’s titans of finance that it’s a pretty smart destination, too! Here are a few of the many encouraging dictums that appear through the ages:
“The major fortunes in America have been made in land.”
That’s investment advice that doesn’t beat around the bush. It’s all the more convincing when you consider its source: the first great American oil baron—John D. Rockefeller.
“Land…is by far the greatest of monopolies…and it is the mother of all other forms of monopoly.” –Winston Churchill, statesman.
“Landlords grow rich in their sleep without working, risking, or economizing.”—John Stuart Mill, political economist.
“Ninety percent of all millionaires become so through owning real estate.”—Andrew Carnegie, industrialist.
“The best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.”—John Paulson, billionaire hedge fund manager.
“Buy real estate when other people want to sell. Hold what you buy!”—John Jacob Astor, first American multi-millionaire.
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If I may, I’d like to add one more timely piece of advice,:
“For any and all your own Costa Mesa real estate matters, just call!”—L3, your Costa Mesa REALTORS®.
We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 20 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact L3 today at 714-444-4663 or email us at email@example.com