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Updated almost 5 years ago on . Most recent reply

User Stats

17
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14
Votes
David Kitchen
14
Votes |
17
Posts

Stock Market VS. Turn Key RE Kris Krohn

David Kitchen
Posted

Group,

I dont know about doing RE or not. I know BP is all about RE (which is awesome), but look at what the stock market did today (2/24/20) for example. I went into my PM brokerage account (using my smart phone) and placed a simple trade at noon today. Then about two hours later was up about $34.2K. Amount at risk would be $300K and the max profit on the trade is around $75K or 25% which would be realized by this Friday. (5 days total). And all I'm doing is sitting here watching my cell phone screen. I can exit the trade at any time the market is open to take the open profit or wait to see what happens leading up to friday.

I can take the profits from here and repeat this trade again and again. Just like KK teaches, right!? He says take your profits within 3 to 7 years by selling the properties, then just reinvest by buying more. Same theory here except I can do this on a weekly basis. But I would NOT be giving up 50% of the profits, no acquisition fees, and no $10K to $25K to join a partnership program.

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