acquiring many properties in the name of owning an asset

[gibrab16]

Owing properties everywhere and investing to generate proceeds still sounds like the same thing to me because it's all for future purposes, if you have properties it is for your children and if you invest it is still for your children and besides that, most of these rich people that have properties still have businesses and investment too that generate profits for them and from I've seen so far I can tell that rich men understand that before they acquire properties they make sure to have investments that are bringing profits so I'm sure they know exactly what they are doing.

Property investment worth it for long term way how the return need ten or ninety years later waiting moment, good as retirement people won't try with the business have concept high profit and accept the  consequence high risk. Investment business in property is suitable for the people get more patience waiting the return but if some one lack patience and want their money progress increasing in short term not interested for investing in property.
The rich man usually find the business way will get return in short term and investing in property after having freeze money and not use any more for the other business. For me investing in property not really has challenge and prefer investing in cryptocurrency or stock get faster return although high risk.

I think you’re right on one key point — property is more about patience and capital preservation than fast growth. Real estate works well for people who already have money they can lock up for years without needing it elsewhere. That’s why most rich people build businesses or investments first, then park excess capital into property later.
Property returns are slow, but steady, and make sense for long-term security or retirement. If someone is looking for faster growth, then crypto or stocks obviously offer more upside, but with higher risk attached.
In the end it comes down to risk tolerance and time horizon. Property isn’t bad, it’s just not ideal if you’re chasing quicker progress or don’t have the patience to wait decades for returns.

[lornadane]

Owing properties everywhere and investing to generate proceeds still sounds like the same thing to me because it's all for future purposes, if you have properties it is for your children and if you invest it is still for your children and besides that, most of these rich people that have properties still have businesses and investment too that generate profits for them and from I've seen so far I can tell that rich men understand that before they acquire properties they make sure to have investments that are bringing profits so I'm sure they know exactly what they are doing.

Property investment worth it for long term way how the return need ten or ninety years later waiting moment, good as retirement people won't try with the business have concept high profit and accept the  consequence high risk. Investment business in property is suitable for the people get more patience waiting the return but if some one lack patience and want their money progress increasing in short term not interested for investing in property.
The rich man usually find the business way will get return in short term and investing in property after having freeze money and not use any more for the other business. For me investing in property not really has challenge and prefer investing in cryptocurrency or stock get faster return although high risk.

I think you’re right on one key point — property is more about patience and capital preservation than fast growth. Real estate works well for people who already have money they can lock up for years without needing it elsewhere. That’s why most rich people build businesses or investments first, then park excess capital into property later.
Property returns are slow, but steady, and make sense for long-term security or retirement. If someone is looking for faster growth, then crypto or stocks obviously offer more upside, but with higher risk attached.
In the end it comes down to risk tolerance and time horizon. Property isn’t bad, it’s just not ideal if you’re chasing quicker progress or don’t have the patience to wait decades for returns.

Returns from property are usually slow but steady, making it more suitable for long-term security or retirement. If someone wants faster growth, stocks or crypto offer more upside, but obviously with higher risk.

[Agathamay]

It's a thing of choice though as some people just prefer owning some properties just for owning sake. They don't mind if their property aren't productive, they just continue to acquire the wealth regardless. Some on the other hand, own properties for future sake, like for their children to acquire them when they become old enough. But to me, it would still be better to get properties that would earn us some reasonable amount of income continually for a long term. You don't actually have to limit your property, you can continue acquiring if you have enough money to buy more.

There's varieties of ideas to fly round and nobody would be able to stop another innovative.  We should embrace development and ne2 ideas because staying up is very important and achieving goals. There's nothing wrong with owning a property, we should keep close watch on our assets and knowing what will come next. Not everyone is acquainted with the prospects of investing and generating profits. It takes only a serious minded person to acquire numerous investments.

[Marvelockg]

                     My question is that is it advisable to own too many properties that are unproductive with the expectations that they would stand as aids to us in the future or should we just own few assets and make sure they are of the best standards and are generating money for us regularly?

No intentional investor buys an asset that he sees would not be useful to him in the nearest future and the very concept of a rich investor going about buying asset to the point of not knowing some of them is not entirely true. Of cause in an ideal case, when an investor grows to a point where he has so many asset, he ensures he's responsible for some and if there's any possibility that he can't oversee all of them, the right thing he does is to give it out to someone else who's to be in charge of it.

There are people that have several cars in Thier garage as asset and while they might not be driving them again and it might seems like a liability, in the real sense, it's actually not a liability because in the future they can auction it out for a huge amount you never thought of.