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What is a real estate bank and how to implement it to invest profitably?
December 21, 2020
Phnom Penh: What is Land Bank for sure? And what kind of investment methods should be available to make a profit? And be successful, have free cash and be able to retire for 15 years.
Nget Chou, an economist and real estate analyst, said that US real estate investors John Jacob Astor and Songsakdi used the "Land Banking" strategy. In the long run, focusing on high potential land in the suburbs has succeeded in becoming a billionaire real estate billionaire.
"Cambodia is also a country with a lot of potential in the land sector, so I believe that you, especially the youth, can use this strategy to be able to Retire only 15 years. ”
He gave the example that if you are 25 years old and you save $ 500 per month or $ 6,000 per year to invest in Land with a 20% increase in value per year, 15 years later (when you are 40) you can have about half a million dollars in assets.
Half a million dollars is not much, but you can retire if you know how to live a simple life (that is, spend less) and know Manage those assets to continue to increase revenue or as additional assets.
The above example is just a simple case, obviously if you are a person who is patient, good at saving or using capital sources from the bank and is smart. Very smart to invest in 15 years, you can save millions of dollars through real estate banks.
To achieve the above results, you should implement these 4 steps:
Building skills: You need to learn about investing and how to do land banking from experienced individuals, find out about legal, marketing and other skills. Such as negotiation, etc. In particular, you should have a person with practical experience as a mentor to help orient and advise you.
Second, investment planning: You need to use your long-term time effectively. How much land will you invest in each year? How much land? In what area? How much is the investment capital? Where do you get the capital from? What percentage of your salary is increased each year to increase your investment potential?
Third, wealth accumulation, you begin to study investment options according to the plan. Every year you follow a plan and have some flexibility depending on the actual situation. Then you wait to see the evolution through economic growth and the construction of infrastructure such as roads, water, electricity, housing and factories. Etc. Population growth is starting to pick up, demand for land is getting stronger and prices are going up accordingly.
Fourth, wealth distribution: About 15 years later, you are reaping the rewards of investing in a visionary land bank. You can sell some land to generate monthly income or sell some land to invest in a warehouse or building for rent or investment In the company, the director of the annual dividend to feed the family and enjoy a life of financial freedom.
These investment activities are all contributing to the development of the national economy. Some land that still has the potential to increase in value should continue to be kept as an asset increase.
Mr. Nget Chou stated that the above article is the result of practical implementation, study, research and analysis in the context of the Cambodian market and economy.
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Từ vựng topic Society và bài viết Writing Task 2:
Đề bài: Nowadays young people spend too much of their free time in shopping malls. Some people fear that this may have negative effects on young people and the society they live in.
To what extent do you agree or disagree?
‼️TOPIC ANALYSIS
Key words:
- young people, spend, free time, shopping centers: người trẻ hiện nay dành nhiều thời gian trong các trung tâm thương mại
- negative effect, the youths, the society: xu hướng này có ảnh hưởng tiêu cực đến cả giới trẻ và xã hội
- agree/disagree: đồng ý hay không đồng ý
‼️ BRAINSTORMING
Đề bài là dạng Argumentative essay nên chúng ta sẽ đi theo hướng Disagree – không đồng ý với nhận định rằng xu hướng này mang lại những ảnh hưởng tiêu cực đến giới trẻ và xã hội. Trong bài này, chúng ta sẽ chỉ ra rằng xu hướng này mang lại cả lợi ích và bất lợi.
‼️ ESSAY PLAN
+, Mở bài:
Diễn đạt lại nhận định của đề bài và đưa ra ý kiến không đồng ý với nhận định trong đề.
+, Đoạn thân bài 1:
Đưa ra những ảnh hưởng TIÊU CỰC của xu hướng
- Đối với giới trẻ: Dành nhiều thời gian trong trung tâm mua sắm -> tốn nhiều thời gian và tiền bạc vào những đồ không cần thiết có thể gặp khó khăn về tài chính
- Đối với xã hội: Giới trẻ tốn nhiều thời gian cho việc mua sắm -> không thể tham gia vào những hoạt động như học tập và làm việc -> giảm hiệu quả học tập và lao động.
+, Đoạn thân bài 2:
Đưa ra LỢI ÍCH của việc giới trẻ dành thời gian mua sắm
- Đối với giới trẻ: Đây là một cách để thư giãn -> giúp họ tận hưởng cuộc sống và giảm stress một cách hiệu quả
- Đối với xã hội: nhu cầu mua sớm lớn ở thanh niên thúc đẩy sản xuất và thương mại cũng như tạo nhiều việc làm -> thúc đẩy phát triển kinh tế
+, Kết bài:
- Khẳng định lại ý kiến không đồng ý với nhận định ban đầu và xu hướng giới trẻ dành nhiều thời gian ở những trung tâm thương mại mang lại cả lợi ích lẫn bất lợi với giới trẻ và xã hội.
‼️ MODEL ESSAY
The young today spend a large amount of leisure time in shopping centers. It is fear that this trend can bring about negative influences on the youths and the society. Personally, I strongly disagree with this view.
On the one hand, for the young generation spending too much time at the shopping malls can make them waste a great deal of money. As there are dozens of brands with various prices and design for them to choose from, they are easily tempted to buy things impulsively and misspend money on unnecessary stuff. For example, when some big brand names slash the prices, a shopaholic may purchase 10 shirts and jeans in a row and this cost her somewhere $100; however, such items often end up being left in the wardrobe. For the society, because youngsters are unlikely to participate in other activities such as their work or studying, economy may suffer due to less work being done and the youths could slack off their knowledge acquisition, making the national education standard drop significantly.
On the other hand, there are also some advantages of this trend. First, in terms of the young, spending time at the malls is considered a method of relaxation. In modern life these days, young people have to deal with lots of pressure from school or workplace, so this trend helps them enjoy their life and effectively release their stress. Second, the society also benefits from this phenomenon. The increase in the amount of consumption will promote manufacture and commerce in the fashion industry, which afterward will create more jobs and boost the economic growth.
In conclusion, I strongly believe that devoting a huge amount of time in shopping malls could lead to both negative and positive consequences to the young as well as the society.
(299 words)
‼️ USED VOCABULARY AND COLLOCATIONS:
- To buy things impulsively: mua hàng không theo chủ đích
- Big brand names: các thương hiệu lớn
- To slash prices: đại hạ giá
- A shopaholic: người nghiện mua sắm
- To slack off: giảm bớt
- Knowledge acquisition: việc tiếp nhận kiến thức
- National education standard: tiêu chuẩn về giáo dục quốc gia
- Release one’s stress: xả stress
- To boost the economic growth: Thúc đẩy tăng trưởng kinh tế
Để giúp các bạn có vốn từ vựng phong phú hơn khi viết các chủ đề về xã hội, IELTS Fighter sẽ cung cấp tới bạn một số từ và cụm từ, những cách diễn đạt (Vocabulary – Collocations) hay, thông dụng và vô cùng hữu ích. Các bạn hãy cùng xem nhé:
‼️ VOCABULARY
- Sustainable development
Meaning: sự phát triển bền vững
Example: Sustainable development will be the priority for every nation in the world in the near future.
- The escalation of social problems
Meaning: sự leo thang của các vấn đề xã hội
Example: The escalation of social problems will be the main problem in the next meeting.
- To hit/ hang out at the mall
Meaning: Dạo chơi ở khu mua sắm
Example: Hanging out at the mall has become one of the common activities for young generation.
- High-street names
Meaning: các cửa hàng nổi tiếng
Example: The youth tend to spend money more on high-street names products rather than cheaper brands.
- Must-have product
Meaning: sản phẩm hot, ai cũng mua/ có
Example: Fashion brands usually advertise their items as must-have products.
- To be on tight budget
Meaning: còn ít tiền
Example: Although they are still on tight budget, many students will spend a lot of money on luxury fashion items.
- Customer services
Meaning: dịch vụ khách hàng
Example: Customer services are now the most impotant factor for a brand to success in the market.
- Window shopping
Meaning: nhìn ngắm hàng hóa, quần áo nhưng không có ý định mua
Example: She often goes window shopping but not buying anything.
- Social net-working sites
Meaning: Các trang mạng xã hội
Example: In the era of high technology, social net-working sites are developing rapidly and attracting more and more people.
- Social services
Meaning: Các dịch vụ xã hội/ Cơ quan dịch vụ xã hội
Example: Social services should pay proper regard to the needs of inner-city areas
Các bạn thử áp dụng nhé!
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