wuxiandeng talk

1. we should all strive to improve our alpha day by day to accumulate advantage
2. we should leverage on borrowing and other people's abilities
3. should use offset account more rigorously to save interest payment, put everything in offset account. offset account can also be used for capital gain deposit on the property
4. one person can have 4 property (600k) before property land tax start to be levied. after 4 property put all new property on trust
5. cash flow is the key instead of the amount of debt. as long as your good debt is more than your bad debt you will be ok.
6. have at least 5 years of emergency cash (enough to cover interest payment and living expenses) then can retire