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  #6041  
Old 05-15-2018, 06:42 PM
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I love Real Estate. Acquire as much as I can as often as I can.... commercial, residential, owner-occupied, rental.... but it's all strategic. And timed. I feel way more comfortable and equipped timing the RE market than I do the stock market! (Good luck with that)

I plan to live off RE down the road..... well, and my wife's income.




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Originally Posted by CJD Automotive View Post
I have a few commercial and residential properties (I know Greg hates residential!)
Nah, Greg likes anything that makes MONEY!
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  #6042  
Old 05-15-2018, 08:22 PM
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Originally Posted by CJD Automotive View Post
I appreciate everyones responses and advice. This is why I've never been a market investor, just so damn confusing with fees, etc...

I have a few commercial and residential properties (I know Greg hates residential!) and fortunately all paid for; taxes and insurance only, and I can sustain that even if left empty. This one properties value is high right now, so when I base my rent to value, it falls short and could be considered under performing.

I have friends that invest and keep telling me the market would return 10-12% and effectively double my principal investment in 7 years? My thinking is that the property returns less than 10%, and doubtful it will double in value in ten years. My principal market investment should continue to return more as the return is added to the principal and increase the investment? I don't know, that's why I'm asking you guys that are a whole lot smarter about this than me! Again, I appreciate everyones advice and opinions, lots of food for thought.
My thought that comes to mind, "do what you know". You've clearly been very successful in real estate.
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  #6043  
Old 05-15-2018, 09:51 PM
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My thought that comes to mind, "do what you know". You've clearly been very successful in real estate.
Great statement!
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  #6044  
Old 05-20-2018, 07:59 PM
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In a bull run powering through its 10th year, market timing has become an onerous task. One week stocks are climbing to reflect a stellar pace of earnings growth. The next they’re in the red as yields jump and trade talks with China stall. The cost is less to the wallet than the psyche, after two years of uninterrupted gains.



THIS is such an important part of investing to remember....... you'll get it - the longer you're an investor. That whole "psyche" part -- is the part I've been trying to break down for you all, for the last however many years here.....

What helps the psyche the most??

Remembering that you bought great companies -- with real earnings -- that you like -- that distribute the earnings to you (you are a company owner!) -- with charts that are lower on the left and higher on the right....

Or --- we can go to sleep with?


I paid up huge for "pick a name" -- those SOB's better have a great quarter tomorrow or I'm screwed...
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  #6045  
Old 06-23-2018, 01:13 PM
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Default Warren advice

https://www.cnbc.com/amp/2018/06/22/...investing.html
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  #6046  
Old 06-23-2018, 05:26 PM
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Read that book about 15 years ago! Great book... timeless principles.
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Old 06-23-2018, 05:34 PM
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Never heard of it. I might check it out though.
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Old 06-23-2018, 11:46 PM
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Read that book about 15 years ago! Great book... timeless principles.
Good to know the last time you read.
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  #6049  
Old 06-24-2018, 04:28 PM
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Good to know the last time you read.
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  #6050  
Old 06-24-2018, 06:30 PM
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Picture of my idea of success right there. Ha
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