people who hate real estate； they shouldn't buy it。
I love stocks of small panies； especially startups。 The reason is that I am an entrepreneur； not a corporate person。 In my early years。 I worked in large organizations； such as Standard Oil of California； the U。S。 Marine Corps； and Xerox Corp。 I enjoyed my time with those organizations and have fond memories； but I know deep down I am not a pany man。 I like starting panies； not running them。 So my slock buys are usually of small panies； and sometimes I even start the pany and take it public。 Fortunes are made in new…stock issues； and I love the game。 Many people are afraid of small…cap panies and call them risky； and they are。 But risk is always diminished if you love what the investment is； understand it and know the game。 With small panies； my investment strategy is to be out of the stock in a year。 My real estate strategy； on the other hand； is to start small and keep trading the properties up for bigger properties and； therefore； delaying paying taxes on the gain。 This allows the value to increase dramatically。 I generally hold real estate less than seven years。
For years； even while I was with the Marine Corps and Xerox； I did what my rich dad remended。 I kept my daytime job； but I still minded my own business。 I was active in my asset column。 I traded real estate and small stocks。 Rich dad always stressed the importance of financial literacy。 The better I was at understanding the accounting and