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Updated about 5 years ago on . Most recent reply

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Joe M.
  • Erie, PA
348
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413
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How are you going to come out of this better than you started?

Joe M.
  • Erie, PA
Posted

Crazy times.  

I think this is a good time to hit reset and reflect a little, learn a little, and become a better person and investor when things settle down.

That being said, what are some things that you are doing to put yourself in a better position when this is over.  

Personally, Ive been taking long walks while listening to podcasts.  The newest BP and BP rookie real estate have been fantastic and gave a lot of food for thought on direction forward.

Gave a chance to go over the budget and possibly even cut some things out.

Try to keep building up those reserves and stack up what we can for when we do see a dip in real estate.  The plan is to have all ducks in a row and to be mentally and financially ready to add something to the portfolio.

What are you doing?

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Theresa Harris
#3 Managing Your Property Contributor
11,261
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Theresa Harris
#3 Managing Your Property Contributor
Replied

Take it one day at a time.  Financially, my mutual funds have taken a hit, but they've done that before a few times and they bounce back.  I am still expected to work from home which is challenging and as I live by myself, I've been making more phone calls to stay in touch/talk to people.  

  • Theresa Harris
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