Your goals will affect how you look at things

Two people can see the exact same thing and interpret it completely different depending upon their expectations and goals.

As an example, I invest a little bit in real estate. I might look at a potential investment completely different than someone else. I might see a house that costs $X and realize that in 5 years it might still only be worth $X. For some people that would be a complete deal breaker but since I look at real estate for cash flow purposes and not for appreciation, I’m more interested in the monthly rent compared to purchase price and renovation costs. The investor solely interested in appreciation wont get beyond the initial realization.

When trying to understand how someone else will see things, it’s important to first understand their goals and objectives and then it will be a bit easier to see things the way they see them

Have a great day!

Lawrence

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