Lesson learned from monopoly board game (for property investment):-
Lesson One – Always Keep Cash on Hand
Lesson Two – Be Patient
Lesson Three – Focus on Cash Flow
Lesson Four – the Most Expensive Asset Is Not Always the BEST
Lesson Five – Don’t Put All Your Eggs in One Basket (diversify)
Lesson Six – Buy more properties as early as possible, you can’t stay on or racing for cash only
Lesson Seven – Build a strong asset to earn passive income
Lesson Eight – You need emergency fund
Lesson Nine – Take a time out, refocus (when you are in jail)
Lesson Ten – Your advice?