What is best strategy during these difficult times?

[Zaid Badabwan]

Hello everyone

I have been investing in multi-family rentals for few years now, and doing well. However, the inflation, rising interest rate, and expected recession are confusing me about investment strategies and decisions. I have some cash and a good line of credit and I have been hesitant to buy new properties because of the increase in real estate prices in one hand, and because of recent inflation and bad news coming from everywhere!

My concern now is to find best use of my available cash and line of credit. Is real estate still the best choice even with the increase of prices? or may be gold, or stocks for a while until the economy is safe and stable? or may be do nothing and wait?

Please give me your opinion, knowledge, and expertise. I would appreciate your feedback. 

[Taylor L.]

I don't invest in gold because it doesn't do anything. It doesn't produce cash flow while I hold it and never will. I also cannot add any value to gold. The market price is the market price, and that's it. I like listening to Peter Schiff, but his actual investment returns are pretty weak. I once heard the Real Estate Guys say he's predicted 19 out of the last 2 recessions, and they were right.

Stocks I feel to just be a roller coaster. Statistically nobody beats the S&P index in the long run, but many people try to.

Keep looking! People still need a place to live. It can be tough to find a deal that fits your criteria at times, but there are still opportunities.