Keep liquid cash set aside so you can jump on investment deals when they appear. Missing opportunities because you don't have ready capital is frustrating and slows your growth.
So I think that one key part of any effective strategy is to have an opportunity fund set up. Having an opportunity fund sitting there, which is some liquidity, whether that's liquid cash, whether that's some liquid assets that you can liquidate in a very short period of time, can do wonders to be able to accelerate your growth. Because the last thing that you want to have happen is that you see a great deal that's sitting in front of you, but you don't have the capital to be able to take advantage of it. I don't know if you've had that experience before. I certainly have, and being able to sit there and watch an opportunity you have to wave goodbye really, really sucks. So for the more seasoned investor, part of your allocation is have an opportunity fund sitting there, even if it's a small amount of capital, ready to take advantage of good opportunities. This can allow you to take some really cool quantum leaps in your portfolio.
