Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

840
Posts
1,316
Votes
Todd Powell
  • Rental Property Investor
  • Corvallis, OR
1,316
Votes |
840
Posts

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

User Stats

1,369
Posts
1,762
Votes
Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
1,762
Votes |
1,369
Posts
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!

Loading replies...