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Anonymous User
KKR Capital Markets. Any thoughts?
How did you get into real estate?
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Rising Star
Happy New Year!
Fellow degenerates will understand
HR - Why do we hire you.
Me -
Additional Posts in Personal Investment Chatter
Rising Star
I just hit $200k NW and it’s been 7 months since I made my post (link below) about hitting $100k NW in Dec ‘21.
I’m just mind-blown since it took me 2.5 years to get the first $100k and it’s snowballed from there. I’ve gone from $82.5k TC to $238k TC plus a $20k appreciation on a house I bought at the beginning of the year
Can’t really talk about finances with friends/family so this is the only place I can share milestones like this haha…we’ll see if I can hit $300k by EOY
https://joinfishbowl.com/post_muypy45qoy
Chief
Conversation Starter
Thoughts on Jumia stock?
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Rising Star
The world is about to open up again, people will spend more money eating out and traveling once they’re vaccinated, interest rates are low and will continue to stay low for 3 years, government is spending like crazy and besides equity and crypto — there is really no where else to invest right now. $30T out of $33T is retirement and pensions — where will those funds invest other than equities? Those inflows are not stopping or slowing down.
I really don’t see how the markets correct in a major way. I think they keep going up and up. I’m not a CFA — just my view.
Not to mention fixed income returns have plummeted because of an unattractive risk/reward profile.
Also, CFAs have no idea whats happening to the market right now.
I know people who spent the entire second half of the 10’s waiting for the “crash” and missed out on half a decade of gains. What makes you think a correction is coming in as soon as a few weeks?
I’ll also point, a correction is just a 10% dip or more. If over the next two months the market goes up another 15% and then declines 10%, you’re still investing at a higher price point than if you invested now
Rising Star
DCA into the market, diversify and you’ll be fine.
What if it is a few months or a year before a correction? What if the correction takes the market to a level higher than now? As you said timing the market is a bad idea.
I’m not a financial advisor. I just like this stock. We like this stock.
Rising Star
Don't wait. I did and lost out on a huge opportunity mid of 2020.
Now, putting in money whenever I have it. I am mostly into ETFs though and majority index funds. Still, considerable gains from Oct 2020 till now. Don't wait!
Pro
M
O
N
E
Y
printer goes
BBRRRRRRRRRRRRRRRR
Cash is a worthless, deflationary asset, equities or bust, it's all inflation, let it take you on a ride
Rising Star
After the quick recovery from late-March 2020 to June 2020, I put 50% of my total investment funds in cash thinking a correction was coming... but when no correction came, I redeployed it all back in the market in Oct. I agree the rising market doesn’t make sense, but in the meantime my cash is no longer sitting on the sidelines missing out on gains. If there is a crash I’m totally exposed but at least I have gains again from Oct to now.
Rising Star
The only explanation I have is “money printer go brrr”...
So that’s why I decided to dive back in the market in Oct, and I’m not planning to rebalance until another correction hits. And even if it’s a 20% correction, that would just drop the market back to July levels.
We just had a correction in 2020, did you miss it?
Conversation Starter
Dollar cost averaging
Nope, stonks only go up 🚀
Well its hard to time the market to be honest. I wish I invested more in 2020. But being at BDO there was a higher chance in 2020 that they may let go of people plus we had salary deductions. So I did not sell my investment in March 2020 but not invested and waited until April and June to invest when i know I will still have a job. Most of my investment that dipped in March went back up except for REIT and lyft. Good thing i exchange a portion of my REIT to VOO. Lesson learned think long term and ride it out.
So what’s the best way to hedge the risk? Holding cash can means missing potential gains. Shorting the market also seems like a risky bet.
Do you think it’s worth the headaches to buy real property, versus buying a basket of stable REITs?
Increase your hedge and move on. Don’t move to cash trying to time a crash