I see reserves as a way to maintain cash flow.

The IRS has the same entity rule and he would want to maintain the historic owner for tax purposes.

I don't care if the cows come home, Corona is in the air, or if the stock market took a dump...

The last few years I am trying to build up my investing mentality, while building up my wealth by saving up, cutting expenses, investing in the stock market, building a cash generating photovoltaic, playing with credit cards points and stuff.Now that are cash reserves are good and our son is 3 months old, we decided to stop procrastinating and take action.So recently went to a local meet up, through "meetup" app, which hosted by an investor the last few years.

@Cole Brunet congratulations, not a small task with all of the time required to achieve and maintain the state license!

There were a few items on my shopping list that were out of stock but honestly, that happens regularly at Costco. 

For example, how many times have we all heard 'Man if I would have just bought xx property in 2008 or invested xx money into the stock market during the crash' etc. etc. -- The reality is that Step 1: Having cash on hand BEFORE a downturn is important - Step 2: Actually following through during downturn... going one-way while everyone else is going the other... takes a lot of guts and determination.

I have been investing solely in stocks for years and completely overlooked the power of leverage.

You own the inside living space but the owner of the building owns the land and physical building, so maintains the grounds and externals of the building. 

Covid 19, Stock Market Sell Off, Liquidity dried up, and EXTREME Market Uncertainty.How quickly can institutional money leave a market?