Quote:
Originally Posted by GregWeld
Good info -- and for this forum is very good information for OTHERS.... as this can and does work. I'll "average down" a stock investment - which I've discussed in previous posts.
I have owned LARGE (300 plus units per building) class A apartment complexes... so I understand the rent reward capital depreciation etc. BUT -- big BUTT -- they are professionally managed and I just collect a check every 6 months. Again -- the risk/reward/work factor just isn't worth the 6 tenths of a percent differential of owning McDonalds or Annaly Capital Management. $600K in Annaly (NLY) gets you 35,000 shares of dividend paying stock - it pays .57 per share per quarter... or a total of $79,800.00 per year.
Do you see why I'm rich and you're not?  |
I agree about the hassle but you are not counting the 200 loss in your calculation. If you only had 600 total to invest and you had lost 200 on the condo you would only be able to invest 400 in the market. *And comparing NLY isn't a fair comparison as generally real-estate is more a steady eddy investment *like Mc Donald's. *So basically you have 400 invested in Mc Donald's instead of 600 in condo's. with basically the same % return in both investment your behind. You could always be richer right?*
Ray
