Last week, the Federal Reserve Chief Jerome Powell said: “We saw a risk to the outlook of the economy, and we chose to act.”
Translation: “The coronavirus is screwing with economic activity and poses a threat that could trigger a recession…”
When ??? Probably soon… The U.S. central bank has not made a cut like this since late 2008, shortly after the collapse of Lehman Brothers.
Fed leaders believed it was wise to move quickly as concerns mount about the plunging stock market and a severe disruption in every major economy. Those who believe that the Fed’s got things under control might just kick back and relax with their face mask on and their head in the sand.
If you’re smart enough to be suspicious… here’s my unsolicited advice:
Don’t mess around with the stock market or even worry about it!
I have been and will continue to be FULLY FOCUSED on real estate.
Real estate investments have historically outperformed stocks, with more income and less volatility But…with the uncertainty all around you, you need to have a plan.
********************************* If you are reading my blog for the first time, let me inform you that… My company buys single-family houses and I write this blog weekly which is primarily directed to educate 1 group of individuals:
Individuals who are losing their shirt as a result of the “roller coaster” volatility of the stock market and low paying rate of other traditional investments, i.e. people that are looking for an opportunity that’ll provide a secured place to put their money to get it working for them to earn better than average returns.
However, often times, homeowners that need to sell their house, stop by to take a peek because they are curious and wondering how and/or where we get the funding to purchase houses. And if they stick around long enough, they begin to understand why individuals partner with us to provide the funding which empowers us to be able to purchase real estate on a continual basis. Simple, it’s because we teach them a secured way to earn better rates of return than they are currently earning.
So everybody wins. It’s a WIN-WIN-WIN !!!
Request your FREE Education Kit if you are interested in learning how passively investing in real estate may help place you in a better financial position.
Disclaimer: This site is intended for educational purposes only. I am not an accountant, attorney or licensed financial planner. While the information I’m writing here is based on many years of experience buying houses that doesn’t really constitute professional advice (since everyone’s experiences and situations are different).