Author Topic: Got your email about throwing in the towel  (Read 488 times)

El Gran_Jamon

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Got your email about throwing in the towel
« on: April 01, 2020, 07:33:09 AM »
Didn't see any haha just kidding. Just that you enjoyed your run and now time to move on. I'd highly encourage you, people to invest in real estate when able. Rentals are a way of understand value. By that I mean the economy will change very soon. Likely more inflation,  unemployment as this settles down. It will be very tuff to understand what a dollar means or what a stock value is.  U will be able tho to value how many big mac happy meals you get per 2 bedroom 2 bath apartment rents for example. Real estate is going to take some hits like everything else. People still need to have a place to live. Office space? I suspect after this covid19 and all the teleconferences some of that will go away. Real estate also has the 3rd largest lobbying section, and will get some bailouts. Way it works. You need multiple streams of income, cashflow,  to be safe. Stocks have been on a rise largely to a flood of borrowed money,  stock buybacks and inflation. Fun while you can do it, but more diversity is better.

Good luck. Maybe I can pick your brain on an upcoming Argentina trip sometime.

El_Gran_Jamon


gocurrycracker

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Re: Got your email about throwing in the towel
« Reply #1 on: April 01, 2020, 08:41:19 PM »
April Fools!

We've never been to Argentina

I'll pass on investing in real estate, thanks.

El Gran_Jamon

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Re: Got your email about throwing in the towel
« Reply #2 on: April 02, 2020, 12:11:51 AM »
No Argentina?

gocurrycracker

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Re: Got your email about throwing in the towel
« Reply #3 on: April 02, 2020, 12:29:32 AM »
Nope. Would love to visit one day