A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

  A.D. Cantelmo Property Management Our Business is Property Management in Orange County California





MONOPOLY: GAME OR ROAD MAP TO SUCCESS?

When we were Kids we played the game of Monopoly. We bought, Sold, and Traded Properties. We even went to Jail. During the course of the game, we felt many emotions, from having money at the beginning of the game, to buying property, paying rent, taking out a mortgage, and yes, even going broke. We even realized as we threw the dice that there was some luck involved. Is the game of Monopoly a great tool to learn about investing?

I was reading an article in US News & World Report by Daniel Bortz, and he interviewed Philip Orbanes. Orbanes, author of the book "Monopoly, Money, and You: How to Profit from the Game's Secret of Success," He talks about how the game is a great way to teach kids about how to invest your money, how to negotiate, how to have long term goals and how to have diverse  investments.

I have thought about Monopoly through the years and I agree that it is a great tool to use not just for Children to learn about investing, but also for all of us. Let’s think about Monopoly and how it can relate to life itself. First we all start with the same amount of money $1500 (which is the average family income for 1935) Now I know that in life we don’t all start out even, but starting even is a good example of how, even if you start the same, the outcome may be very different. That first roll of the dice starts to separate the players. You may land on a property and have to make a decision on whether to buy the property or pass. You may land on a Utility or a Railroad and again you must make a decision on how to proceed. You may even land in Jail. The dice represent the randomness of life. If the dice roll your way and you make good decisions you can get out to a good start to the game, if the dice do not roll your way, you can get out to a slow start.  Just like life, you can’t control everything, but the decisions you make along the way will make a big difference in the outcome.

The dice, just like in life will not always roll your way and they will not always roll against you. What counts are the decisions you make when the dice are in your favor. As you play on, some of the players will buy everything they can, Properties, Utilities and Railroads. Other players will hoard their money and just count on "Passing Go" to collect their $200. Those players  keep their money build a nice nest egg, but as the game goes on they find that their nest egg will start to dwindle as they continue to land on the other players properties and have to pay rent. Just as in life, you can play it safe and not invest your money, but your money will grow much slower than the cost of everyday life. The players that continue to use every dollar they have to buy properties and build Houses and Hotels on the properties just wait for the savers to land on their properties so they can start to chisel away at the savers nest egg.  Many times the investors need to borrow on their properties to pay bills, or other unforseen events, like a tax bill from the "Community Chest" card or "Take a Ride on The Reading Railroad (owned by another player)" from a "Chance" Card, but just one other player landing on their property with a hotel can get them out of debt.

We all know how the game will end, the saver will go broke and the investors will fight it out. The big lessen in the game is that no matter how you start, the decisions you make along the way are what is important. Just as the dice can’t be controlled, life is very unpredictable. In my business of Property Management in Anaheim Ca. I talk to people all the time about investment. The way you invest your money will determine your long term financial well being. If you use your money to invest and grow your portfolio, you will have many options as you grow older. If you don’t invest, you will always be paying others and eventually struggle.

Monopoly is just a game, but it is a good road map to follow when thinking about investing your money.


A.D. Cantelmo Property Management Specializes in Property Management in Orange County Ca.

Featured Listings

 

Email Agent

Enter your email address and I'll reply as soon as possible.

Type the characters

 
Realtor Equal Housing Opportunity Multiple Listing Service
 
 

What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

More Reviews

Want to Know How Much Your Home is Worth?

Get Your FREE Home Market Analysis Report Right Now!

YES, SHOW ME NOW