G’day folks,
I do medium density residential property developments – return on invested capital (with leverage) is generally in the order of 25-50% per annum, depending on speed of sales.
As the cash flow is extremely lumpy (it’s 12-24 months from acquisition to seeing funds returned, and sometimes there’s a blank period between completion of one site and waiting for the next), I’m thinking of learning to day trade stocks to supplement that. From what I can gather, with enough time,…