How big is a portfolio?
Posted by markharrison on August 4, 2007
He makes the point that, actually, to retire, provided you have the mortgage on your PPR paid off, plus three other properties owned outright, then you can retire… and that anything more than that is a “lifestyle” question, not a “security of retirement” question.
It’s something that very much ties in with my own experience – when lots of other writers are talking about buying 200 properties in two years (or some such), it can be easy to feel that you aren’t doing enough.
If you have a relatively small number of great investments, then this is fine…. of course, you have to look at a large number of potential investments to find them, but you don’t need to buy them all.