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Updated about 5 years ago on . Most recent reply

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Todd Powell
  • Rental Property Investor
  • Corvallis, OR
1,316
Votes |
840
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Down $200,000 in stock market! Glad I have $10,500 RE Cash Flow!

Todd Powell
  • Rental Property Investor
  • Corvallis, OR
Posted

This has been a brutal 30 days, as my stock market accounts are down over $200,000. I do have the dividends still coming in many of my stocks, but I am thankful I have worked for many years to establish stability in real estate where outside influences do not make me crumble! I can at lease control my RE purchases and holdings, whereas the stock market is so fickle and ever wavering with every bad earnings report, Fed whisper, and now Corona virus. I do not know whether this virus is over rated, or as serious as many say, but I have solid cash flow from my many doors. Some say, what if things get so bad the world falls apart, then I say what difference does any of it really make anyway? At the end of day, I can better control my RE, but have NO control over the stock market. I still believe in diversity, but this market solidifies my love for RE !!

Most Popular Reply

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1,369
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Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
1,763
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1,369
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Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
Replied

I am so full of gratitude because of the advantages that my buildings provide. My worst days are some of the best that I could ever hope for.

I was fortunate to shift my "retirement" account at peak share price, when China decided that the best way to combat the virus was to initiate an economical self-destruct.

But I was even more fortunate some 2 years earlier when I realized that I would not require that "retirement account" when I retire.

How sweet it is!

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