While value investing fundamentals don’t change, there are unexpected, expensive pitfalls that accompany new constructions that even seasoned investors need to be aware of. Being unaware can cost thousands of dollars.
Try these ideas to mitigate the excess costs associated with buying a new construction:
Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annum net, compared to 6% for the Bloomberg Commodity Index, 3% for the 3 MSCI USA Infrastructure index Read More
- Be mentally prepared for hidden costs
Be aware that hidden costs exist. Some costs won’t show up until years later. For example, if you live in a snowy climate, you’ll probably need to budget for snow removal in the winter. In the Pacific Northwest, where everything grows rapidly, you’