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Updated almost 6 years ago, 02/11/2019

User Stats

83
Posts
42
Votes
Mark K.
  • Staunton, VA
42
Votes |
83
Posts

Disappointed in Scott Trench

Mark K.
  • Staunton, VA
Posted

Scott, @Scott Trench,

I must say, you truly disappointed me with your negative article on stock investing.

https://www.biggerpockets.com/renewsblog/2015/04/16/ridiculousness-of-stock-picking-waste-of-time-young-investors/?utm_source=newsletter&utm_source=BiggerPockets+Members&utm_campaign=60dee86fdf-EMAIL_CAMPAIGN_2018_04_19&utm_medium=email&utm_term=0_58bb040086-60dee86fdf-77000025

You can start with just $500. Both of my sons did that, as well as friends I helped start investing. All are beating the market.

Your fictional friend Matt has many negatives compared to us small investors. It's harder to invest millions, constantly buying and selling, and such.

I put a small amount into Netflix back in 2005. In 2014, I renovated my old basement. If I had held until today, I could have bought a house.

Stock investing is so much easier than real estate investing. 30-60 minutes a month is all that is needed for stock investing. I bought my first rental SFH in 1/17. I had to put a new roof on the shed immediately, plus paint the entire interior. My first tenant I had to start the eviction process after a few months. Then, in the fall, with great, new tenants, I had to put a new roof on that house.

I how have another SFH and I'm buying a triplex. Stock investing is helping me do this.

Shame on you though. I'm shocked at that article you wrote. Real estate isn't the only way to invest. I've met a lot of investors who are Millionaires from investing in stocks.

Stock investing is way easier than real estate investing for the little guy.

I'm emailing you this and I'm posting it in the forums to call you out on this misconception and factually incorrect blog you wrote.

Of course, I'll wait to see if any BP folks think I'm mistaken.

My annual return from stock investing is over 16% since 2005.

Maybe I can do better in real estate, but we shall see. 

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