How to Measure Your Property’s Actual Investment Returns

I recently came across two investors who made money in property investing in the property boom during the last three years (i.e. from mid-2009 to end 2012), albeit in very different ways. I have taken the liberty to simplify and change some numbers as well as ignore all expenses so that we can compare apples with apples. Also, I used residential properties for this article as it’s very much a familiar arena to most readers.
Calculating your investment returns
There are many different ways to calculate a property investment returns but the Internal Rate of Return (I.R.R) is by far one of the most accurate methods of calculating the cumulative property investment returns over a specific holding period.
Inexperienced property investors and home owners who only look at capital gains as a measure of investment success are always surprised by the difference between the earnings that they expected to realise from a property investment and the actual investment return.
Capital Gains or Growth do not equal investment returns due to many variables like financing, nature of loan amortization and many other costs involved in the entire property transaction process.
How IRR Works
Because a dollar in hand today is preferable to one a year or five years from now, Internal Rate of Return reveals in mathematical terms what a real estate investor’s initial cash investment from Day 1 will yield based on today’s dollars, not tomorrow’s dollars.
Here are the details of the example we will be using: Both properties are located within a 5 minute walk to MRT station and are near the city.
Note: A financial calculator or Excel is needed for I.R.R calculations (a basic tool for all true blue investors).
Investor A:
Purchased a newly launched 916 square feet condo in a mature estate.
Purchase Price (2009): S$930,000
Down-Payment: S$180,000 (20%)
Loan Amount: S$744,000
Upon completion and T.O.P in 2012, he received offers for S$1.2 million.
Equity = S$1,200,000 – S$744,000 = S$456,000
Gross Profits = S$1,200,000 – S$930,000 = S$270,000
I.R.R = 36% per year
Investor B:
Purchased an old 16 year-old 936 square feet apartment in a growth location.
Purchase Price (2009): S$520,000
Down-Payment: S$104,000 (20%)
Loan Amount: S$416,000
Rental Income (3 years): S$2,400 per month
He received offers for S$800,000 in late 2012.
Equity = S$800,000 – S$416,000 = S$384,000
Gross Profits = S$800,000 – S$520,000 = S$280,000
I.R.R = 78% per year
Here are some questions to ponder:
1. Who is the smarter or luckier investor in this case?
2. If you were presented with both investment options, which would you go for and why?
My analysis of the two investments

1. Investor B had similar gross dollar profits with Investor A (S$280 thousand as compared with S$270 thousand) but his actual return on cash invested is two times greater than investor A!
2. Investor B has a lower down-payment (S$104K for B compare to S$180K for A), but B’s actual return on cash invested is two times greater than A.
3. The returns are higher for B, in terms of cash invested now (down-payment), rental yield now, probably higher returns in future than A’s since B’s property is also located in the growth corridors of Singapore, while A’s property is already in a matured estate.
4. Similarly, there are higher chances of rental increments due to a growth location and possibly a bigger and more stable tenant base for B, and lower vacancy rates.
5. Investors A’s property is a new property bought directly from a developer, while B’s property is an older re-sale property from an individual seller. One of the arguments I stand firm on is that the higher profits that A should have gotten, have already been discounted into the developer’s profit margins and expensive marketing costs.
6. Investor A’s Day 1 initial cash has zero returns for 3 years until property completion. Investor A is waiting for his returns to materialise 3 years later, while Investor B’s cash is already working hard for him through a strong rental cash flow from DAY 1.

 My recommendations of which investment to choose
Choose investment B, if your strategy is to hold for rental as well as property value gain. This property will probably give you a good rental over the years as it appreciates in value. I would highly recommend this low-risk strategy to the average investor with limited cash resources and who seeks safety.
Choose investment A if your strategy is to buy and sell. Reinvest the money again in a similar way but good profits will only come during a booming economy. And of course, if you sell high, you buy high too. This strategy is speculative and only suitable for an investor with ‘fun’ money.
My concluding thoughts

• Why plant a seedling if you can plant a tree today? Investor B is already making money from Day 1. Yes!  You can have your cake and eat it too.
• If I were given 10 such opportunities, I would invest 10 times in the B type of investment scenario. Better rental yield, better capital appreciation, better long term potential, less risk, less dependence on the economy ( good or bad, I still get rental income regardless of property value)
• For A, maybe unless you want to use it for your own use or as a gift for loved ones.
• Investor A has an easier no-brainer task – SELL, pocket the profit and look for more deals like this. He thinks making money in property can be as easy as this and will most likely try to replicate the same strategy again. But tomorrow is not today… crazy economies like today don’t always happen.
• Buying an older re-sale property (Investor B) can have much higher actual returns than simply buying an off-the-plan property (Investor A).
• B’s property does require a lot more leg work and sweat before the sweetness… but that’s the whole point of it – ‘FUN’!  Its ‘fun’ that makes it all worthwhile for a true blue investor who loves and knows investing!

Simply taking Rental Yield alone as a benchmark for analysing investment properties is like taking a bow and arrow to a real gun fight! Understanding and knowing how to calculate Internal Rate of Return (I.R.R) in any of your investments is a crucial skill of an investor.  Measuring your property investment’s actual returns through I.R.R will help you become a more savvy and educated investor in today’s more volatile times.
By guest contributor Gerald Tay, CEO of CREI Academy Group, who exposes widely-held property investment myths that have proven highly ineffective in creating wealth, and prevent a comfortable retirement for the ordinary investor.

The 5 Cs aren’t enough; Singaporeans need the 6th C

In February, I wrote about the new 5 Cs that will actually make us happy Singaporeans:

 http://sg.news.yahoo.com/blogs/singaporescene/5-cs-aren-t-enough-singaporeans-6th-c-045321605.html

• Compare less
• Cherish what you have
• Choose your attitude
• Complain less
• Change your circumstances and yourself

I'm pleasantly surprised to see that the article has received more than 400 comments and has been shared 8,200 times on Facebook!
Clearly, the “5 Cs” is something that’s close to Singaporeans’ hearts.
The 6^th C that I missed out: Compliment others
Soon after the article was published, I had a conversation with my cousin.
He said, “Daniel, you missed out one ‘C’. We should compliment others more. That’s something we don’t do enough of in Singapore.”
I spent the next few days reflecting on what my cousin had said.
My cousin was right: It’s not part of Singaporean culture to compliment others.
(In this article, I’m referring to genuine compliments, not false praise that you might give your boss or teacher if you’re trying to get into his or her good books.)
When was the last time you heard someone say…

• “You gave such a well-organized and persuasive presentation just now”
• “Your report was both informative and clearly written”
• “You facilitated the discussion skillfully”
• “You led your project team effectively”
• “The meal you cooked was delicious”
• “Good effort”
• “I’m proud of you”?

Why we don’t compliment others
I’m not saying that we never, ever speak kind words to our friends, colleagues or family members.
I’m just saying that we ought to do it more often if we want to build a happier Singapore.
Here are some possible reasons why we don’t make many positive remarks:

• We tend to focus on the negative
• We’re quick to criticize
• We’re competitive people who find it unnatural to acknowledge it when others perform better than us
• We like to complain
• We don’t make an intentional effort to take notice of others’ admirable qualities
• When things go well, we assume that that’s the expected result anyway, so there’s no need to pay a compliment

Benefits of giving compliments
No matter what the reasons are that we don’t give more compliments, we all like receiving them.
As someone who does a lot of speaking and writing, I’ll admit that sincere compliments make my day!
We can make someone else’s day by paying him or her a compliment.
Moreover, giving compliments has many benefits.
It boosts your mood, improves communication with the other party, and gets you into the habit of looking for the good in others.
It helps you to get beyond yourself and focus on other people. It increases your awareness that life isn’t mainly about you. It makes you a more generous person.
It reminds you that kindness is of vital importance, despite the fact that we can easily get caught up with our individual pursuit of success.
Most of all, it makes our society happier, gentler and more appreciative.
What you can do today
I hope you’re convinced that the 6^th C is something that all of us should aspire towards.
The best thing is that it’s completely free! (And if there’s something that we Singaporeans like—myself included—it’s free stuff.)
So…
If you enjoy your next meal, tell the chef (who might even be your parent, spouse or domestic helper).
If someone helps you, write a thank-you note.
If your colleague does a solid job with a sales presentation, send a congratulatory email.
If you’re grateful for a friendship, send a text message and tell that person so.
When we combine the new 5 Cs with this 6^th C, we’ll be well on our way to finding the happiness and fulfillment that we’re looking for as a society.
One day a time, one compliment at a time.

When relationships break down and break up is inevitable

Whether you’ve signed a lease together or it’s date number five, pulling the chord on a relationship can be a tricky, awkward and painful act.

But there are rules for navigating matters of the heart and a number of courtesies that can make the process more graceful and you more gracious. A look at how to call it off, regardless of what stage you’re at in coupledom.

Date number one

You went for coffee with your friend’s co-worker’s cousin’s sister that everyone thought you would be just perfect for – but there wasn’t even a hint of a spark between the two of you. If you know for certain you’re not interested, there’s no need to commit to a second date just to be nice and get her hopes up. Conversely, dropping off the face of the earth is a jerk move, especially if she shows interest you can’t reciprocate. At this point, an email or text explaining you had a lovely time but don’t see things progressing is acceptable. 

The “getting-serious” mark

The L-word has been dropped, you’ve met each other’s friends and there have been several serious talks about the future. But for whatever reason, it’s not working anymore. Ask Men points out that “if you have been dating someone long enough to tell other people that you are, in fact, dating, then you must sever ties face-to-face.” A digital break-up is only acceptable if you’ve known each other all of three hours. 

Very much together

Without getting into an exact number, there’s a certain point in serious relationships where lives become especially intertwined. When things reach a settled point, it can be exceptionally difficult to split up a long-term relationship. There’s a fine line between saying too much and saying too little. As Match.com points out, there needs to be reasons for the split. Laurie Puhn, author of Instant Persuasion: How to Change Your Words to Change Your Life, told the dating website that the reasons should focus on your general incompatibility without being too critical or specific. So don’t tell her “she’s no longer attractive to you, or you’re insanely attracted to her best friend. These kinds of reflections shouldn’t be shared.”

4 Tips for Mid Life Folks

4 Tips to Have Great Relationships in Your Mid-Life

By Aktive Learning | HealthMatters.sg – Thu, Feb 14, 2013

 http://sg.news.yahoo.com/4-tips-great-relationships-mid-life-070816325.html

 By Eileen Tan and Ui Wei Teck (guest contributors)

In the second phase of your life, you will start to have a lot of time for yourself. You have been working hard during your twenties and thirties with a stable job. You have been dedicated to raising a family with your partner, providing the best for your next generation and cultivating their values.
It is fulfilling to have good relationships with colleagues and friends, and especially so when you have a good relationship with your family. You may feel a sense of loss if you don’t manage this properly due to the drastic changes that take place when we enter our mid-life. In this article we will look at X ways you can continue to have great relationships with your friends and family in your forties and beyond.

1. Choose to forgive

It is not healthy to hold on to anger, so choose to forgive and forget, free yourself, learn to laugh at the situation and support one another. Don’t ask why this person you are angry with is not doing what you expect, but ask yourself what you can do for this person.

Many times, when I am upset with someone, asking myself this question of what can I do for him or her will change my mood almost instantly and make not only my day, but the day of the people around me better. Try this out! It is an instant healing process.
 
2. Be caring towards your family and friends
Build a little network with those you love and those who love you – such interactions will bring you joy. Listen to how they feel, and don’t be too quick to judge or expect others to change or be like you. Take the initiative to discuss things to iron out issues and resolve conflicts. Nothing is more important than maintaining a harmonious environment by showering our love and affection on the ones we love.

3. Let them know that you are watching out for them

One day when we leave this world, we will have no fear that we have not lived a good life. Happy people have no regrets. Death ends a life, but not a Relationship. Death cannot take away our memories with a person who has lived wisely and happily. In handling the loss of your loved one, it is perfectly okay to let go and be happy once again.

4. Prioritize family time

Having a strong family bond is more important than chasing after success and wealth. Cherish the time you have with your family, support each other with encouragement and celebrate regularly. Be committed to make each other’s lives pleasant and enjoyable.

With each of us putting in the effort to have a beautiful life for our family and those around us, wouldn’t the whole world be a better place to live in?

By Eileen Tan and Ui Wei Teck, authors of Enjoying Mid-Life Without Crisis

7 shocking things that shorten your life span

RealBuzz – Mon, Dec 17, 2012

• 
  

No sense of humor

You know how people always say “laughter is the best medicine?” Turns out they’re telling the truth. A study carried out by Sven Svebak at the Norwegian University of Science and Technology, which covered 54,000 subjects, found that people with a high capacity for humor were 35 per cent more likely to be live longer than people who ranked at the bottom of the humor scale. If you are planning to go through life keeping laughter to a minimum, you’ll be missing out on health benefits such as stress reduction, immune system improvement, and increased blood flow, which could reduce your life expectancy when compared to your chuckling peers.

Flying

It’s been proven that taking regular holidays is a stress busting health booster, but it seems the way we travel to those holidays isn’t quite as healthy. In fact, flying can be downright bad for you. It’s already been proven by the Association of Flight Attendants that people who have careers in the aviation industry are more at risk of dying from cancer, and now it’s become apparent why. According to physicist Robert Parish, when you reach the average cruising altitude of 39,000 feet in a plane you are subject to 64 times more radiation than at sea level due to cosmic rays, which over time can seriously affect your wellbeing.  

Nasty co-workers

You know that person who you can’t stand at work? As if things weren’t bad enough already, they’re actually shortening your lifespan. Researchers at Tel Aviv University found that a person’s colleagues have a significant bearing on their wellbeing, with friendly and supportive co-workers leading to lowered stress levels and a reduction in blood pressure and cholesterol. People at work who cause arguments and don’t share the workload equally have the opposite effect, causing stress and subsequently a higher risk of dying amongst their colleagues. These negative effects were most obvious in subjects between the ages of 38 and 43, so if you fall into that bracket it might be time to bury the hatchet with your work enemies.

Retiring

Retiring is often the light at the end of the tunnel for stressed workers, especially for those who have saved all of their life so that they can do it earlier. Sadly, that lifetime of financial sacrifice is leading to a shorter lifespan according to research carried out by Shell Health Services. The study discovered that people who retire at 55 on average died younger than those who waited until they were 65. John Rother, chief lobbyist of the American Association of Retired Persons, explained it rather bluntly by saying “you use it or you lose it” – by retiring early, your body misses out on its daily dose of activity and you gradually become more unhealthy.

Not drinking alcohol

We’re always told to cut back on how much alcohol we drink, and rightly so – excessive alcohol consumption can severely damage your health. However, go to the opposite end of the drinking spectrum and you could be in even more trouble than heavy drinkers. A study at the University of Texas found that non-drinkers have a lower life expectancy than people who drink a moderate amount, and in some cases even lower than heavy drinkers. This is partly due to missing out on the health benefits associated with alcohol. Alcohol (in sensible amounts) helps to protect against heart disease, and decreases the likelihood of Alzheimer’s and dementia through improved neuron function in the brain.

Sleeping too much

Getting enough sleep is important when it comes to good health, so surely the more shut-eye you get the better, right? Wrong. Consistently going too far over the recommended eight hours can negatively affect your health according to a study conducted by RealAge.com. The findings showed that participants who slept for more than nine and a half hours a night suffered from a staggering 60 per cent increase in heart disease, and a higher mortality rate when compared to people who stick to the recommended amount. As well as heart disease, over-sleeping has also been linked with a whole host of health issues, including obesity, diabetes, headaches and depression.

Not having sex

Sex is good for you. Is anyone still here? For those of you who haven’t frantically run off to tell a significant other the good news, we’ll explain why. The British Medical Journal conducted a sex survey and found that men who didn’t have sex at least once a month experienced twice the mortality rate of those who were getting lucky once a week. It’s not hard to see why this is the case – having sex burns kilojoules, lowers blood pressure, boosts the immune system, and much, much more. A study at Duke University also backed this up, finding that women who had enjoyable sex lives lived eight years longer than those who didn't

Singapore tops world in Olympic gold medal cash payout

By Elizabeth Soh | Fit To Post Sports – Sun, Aug 5, 2012 7:46 PM SGT

If there's a medal for the highest cash payout for winning an Olympic gold, Singapore would top the charts.

According to a story by broadcaster CNBC, it said Italy was the most generous with a S$225,000 (USD 182,400) payout for gold, followed by Russia with S$167,000.
France rounded up the top 3 with an S$80,000 payout.
In contrast, US gold medal winners only pocket $31,000 for gold, S$18,000 for silver and S$12,000 for bronze.

However, the CNBC story obviously did not include Singapore.
Under the Multi-Million Dollar Awards Programme (MAP), Olympic gold medal champions in individual events stannd to win S$ 1 million, S$500,000 for silver and S$250,000.
For example, Feng Tianwei's bronze medal victory in the women's single of the table-tennis will earn her a quarter of a million dollars
.
However, she has to plough a mandatory 20 per cent back into the National Sports Association for future training and development.

Although there is no definitive list of cash incentives paid out for Olympic gold, a quick check online reveals that other South-east Asian countries can also be pretty generous.

Singapore's closest neighbour, Malaysia, have the second biggest offer -- one million ringgit, or almost S$400,000 for a gold.

Both Singapore and Malaysia have never won the gold medal at the Olympics.
The Philippines is third with S$380,000.
In contrast, gold medal athletes from traditional Olympic heavyweights receive significantly less.
Chinese-language Sports Weekly reported that gold medlalists at the last Beijing Olympics received just US$51,000, or 350,000 yuan.

Japan is more generous, paying its top medalists US$100,000, a similar amount to Russia's $135,000 reward

Athletes from host-country Britain will have to contend with just pats on their back and basking in the glow of doing their country proud -- British cyclist Bradley Wiggins, and rowers Helen Glover and Heather Stanning, all of whom won gold, will receive nothing.

Still, countries like the USA, Britain, and Japan have thriving sports industries which fight to offer gold medallists sponsorships worth millions - - far more than the cash they receive for winning.

It's been reported that Michael Phelps' endorsement with Nike is worth a reported US$50 million.

Over in Malaysia, badminton star Lee Chong Wei -- who narrowly lost to Lin Dan in Sunday's gold medal final -- stood to win 2 million Malaysian ringgit in cash or S$800,000 if he had brought him the country's first-ever gold, according to Malaysian daily The Star.
RM 1 million would have been from the Government through the National Sports Council's (NSC) incentive scheme and another RM 1 million cash from local furniture company 3V Holdings Sdn Bhd.
He would also have won a 12.5kg gold bar worth RM2mil offered by gold mine owner and KL Racquet Club Bhd chairman Datuk Seri Andrew Kam as well as a lifetime monthly pension of RM5,000 under the NSC scheme.

For his silver medal win from the 2008 Beijing Games, Lee was awarded a Datukship by the Penang government, RM300,000 cash and a RM3,000 monthly lifetime pension, as well as two cars from Proton.

Top 10 countries with highest payouts for an Olympic gold medal

1. Singapore — S$1,000,000
2. Malaysia — S$400,000
3. Philippines - S$423,300 (according to 2008 figures)
4. Thailand - S$372,600 (according to 2008 figures)
5. United Arab Emirates - S$337,800
6 Italy - S$226,500
7 Russia - S$167,650
8 Japan - S$124,200
9 Bulgaria - S$95,100 (according to 2008 figures)
10 France - S$81,000

Congrats Michael Phelps! How much money did he and other Olympians make?

Congratulations Michael Phelps for becoming the Olympian with the most metals (21) and winning gold 17 times! So how much does Michael Phelps make from his victories? According to WikiAnswers, the USA gives $25,000 for gold, $15,000 for silver and $10,000 for bronze. That's not bad, $425,000 from the gold metals alone!
But according to some recent reports, Michael Phelps is going to have to pay $9,000 per gold metal.

That's crazy, especially since it's not a fraction of the cost gold finalists from Singapore receive.
Reward for Olympic metals by countries in dollars:
**The numbers below have not been independently verified and are a combination of rewards for the 2008 and 2012 Olympics.**

• • athlete who can bring
• Singapore: Gold metal, $708,800
• Philippines: - Gold metal, $340,900
  • President Gloria Macapagal-Arroyo on Friday raised the Olympic incentive to 15 million pesos (340,909 U.S. dollars) for any Filipino athlete who gets a gold medal in Beijing.
• Malaysia: Gold metal, $307,000
  • Malaysia, which has never won an Olympic gold medal, is offering a bonus of one million ringgit (307,000 dollars) to any athlete who can bring home the top prize from this year's Beijing Games.
• Thailand: Gold metal, $300,000
  • Thai gold medallist at the Beijing Olympics will be rewarded of 10 million baht (about 300,000 U.S. dollars), runner-up will get a six million baht bonus and bronze medallist four million baht.
• United Arab Emirates: Gold metal, $272,000
  • Also silver medal winners would be paid just over $200,000 while those winning bronze would get $136,000.
• Russia: Gold metal, $100,000
  • Russian gold medallists at the upcoming Beijing Olympics are to get a bonus of 100,000 dollars (63,700 euros), Russian Olympic supremo Leonid Tiagachov said.
• Japan: Gold metal, $100,000
• Bulgaria: Gold metal, $76,620
  • Every Bulgarian athlete who wins a gold medal at the Beijing 2008 Olympic Games will receive a 100 000 leva bonus from the Bulgarian state.
• China: Gold metal, $51,000
  • Central sports officials in China have not said how high the bonuses they give will be, but the Chinese-language Sports Weekly reported they are likely to hand gold medal winners 350,000 yuan ($51,000) each, plus big payments shared out from sponsors.
• Dominican Republic: Gold metal, $30,000
  • Winners could also get a car. It is the first time the Dominican government has made such an offer.
• USA: Gold metal, $25,000
  • The USOC gives $25,000 for gold, $15,000 for silver and $10,000 for bronze.
• Australia: Gold metal, $20,000
  • Australian Olympians are expected to get a $20,000 government bonus for gold medals at Beijing - less than winners from the USA, Japan, Germany, Israel, Thailand, Malaysia, Greece and Russia.

Judo triumph after trauma

American golden girls’ amazing paths to Summer Games glory

By MARK CANNIZZARO in London and DON KAPLAN in New York

With AP

Last Updated: 8:09 AM, August 3, 2012

She’s spun the deepest pain imaginable into Olympic gold.

Kayla Harrison overcame injury and thoughts of suicide brought on by four years of sex abuse by her coach to become the first American to win gold in judo yesterday.
“I did it,” the Ohio native, 22, said after she defeated the UK’s Gemma Gibbons.

“This is the happiest I’ll ever feel in my life. I’m walking on clouds right now. My feet haven’t touched the ground yet. As far as the rest of my life goes, it was all about this moment. Everything that was sacrificed by myself, by my family, it was all for that, and it was worth it.”

Before her triumph, Harrison spent a few moments recalling her tortured past.

“I feel incredibly sad for that little girl,” she told London’s Telegraph, referring to her younger self.
“I can still see her. I can still see her crying her eyes out and not knowing how to escape. But I’m happy for her because I know she had the courage to say, ‘I won’t be a victim of sexual abuse.’ ”
Harrison was just 6 when her mom, Jeannie Yazell, a black belt, introduced her to judo. Two years later, it was clear the girl could be a star, and she began training with world-class expert Daniel Doyle, then 24.

For years, he took advantage of his relationship with Harrison and her family. He coached her to two national titles before she was 15, attended family barbecues and even baby-sat for her and her siblings — all while he was sexually molesting the girl.

“I was an emotional wreck, severely depressed, suicidal. I hated my life. Finally, it got to the point where I couldn’t take it anymore,” she told the paper.

Finally, she revealed her secret to another judo student, future fiancé Aaron Hardy, and he told her mother.

“It was devastating,” Harrison said. “When I was young, he [Doyle] would say, ‘We have to keep this between us or we will get into trouble,’ and, honestly, as I got older, I was pretty brainwashed. I knew it was wrong, but I thought I loved him and he loved me . . . My world revolved around Daniel. He was my sun. All I wanted to do was please him.”

Doyle pleaded guilty in 2007 to illicit sexual conduct for abusing Harrison at matches in Venezuela, Estonia and Russia beginning when she was 12. But she thinks the abuse may have started earlier.
He’s serving a 10-year prison sentence and has been expelled for life from USA Judo, the sport’s national governing body.

After Doyle was arrested, a traumatized Harrison reinvented herself at a training facility in Wakefield, Mass.

“To say that she’s a different person today — I don’t want to say that she’s done a 180, because Kayla was a strong-willed person and she was goal oriented,” said legendary judo coach Jimmy Pedro, who was at her side yesterday.

Two years ago, Harrison faced off against her molester at his sentencing.

“I was so scared,” she told the Telegraph. “I forgive him. I almost pity him . . . But I said my piece, told the judge the truth . . . It’s closure.”

She became world judo champ in 2010 and won bronze in the competition last year.
Four months ago, her Olympic dreams were suddenly in jeopardy after she suffered a knee injury while training in Japan. But she never doubted she would recover.
“I feel accomplished,’’ Harrison said after her gold-medal win yesterday. “I’m at peace with myself


Read more: http://www.nypost.com/p/news/national/judo_triumph_after_trauma_H5YGLRW9m2iRR9jBVANRPN#ixzz22YZrlvEj