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Investing After Marriage/Child
I currently am under contract for my next rental property. This will be the first rental property that I have bought since getting married and having my first child. My wife and I combined our finances when we got married and she became a stay-at-home-mom after our daughter was born, so there is some stress in terms of a large dollar investment.
I've tried to calm her fears but the truth is that I'm more fearful than I was in the past and I feel like I am becoming a lot more risk averse now that I have to support my family. This is making my mind fill with doubts and stress.
To those who may have gone through something similar, how did you deal with it? How did you jump back into investing? Did you change your investing style or slow down?
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- Rental Property Investor
- Erie, pa
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The thing is the bigger the portfolio the risk is actually less . There is safety in numbers ! The bad news if you self manage that means more of your personal time so you won’t be around as much . You can get around that if you have a diy wife and kids that aren’t afraid to get their hands dirty and pick up a paint brush or swing a hammer