I’m going to keep this short. The stock market is tanking…getting crushed.
You may think it’s due to the coronavirus, but it’s been at an all-time high and should have corrected a long time ago.
In fact, Morgan Stanley predicted this would happen in November of 2019. A friend of mine that is a financial advisor for a major firm told me if I was in…I needed to get out fast.
(Well, that was great advice, but my money’s been in real estate anyway-not the stock market).
But the advice was well intentioned. Convert cash to cash flow. Protect your assets! Sure, there is a lot of volatility in the market right now. But, there’s one thing that you can do to protect your assets.
If you have cash (or can convert equities to cash) and want to protect your downside.
********************************* 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).