Well- I mean the deal is that the stock market imo is a little more of a barometer of how a GOOD PORTION of our economy is going- I’m series 7/63/66/variable insurance licensed with 7 years experience. Basically- the people that haven’t been laid off and small businesses don’t put as much money in the stock market. Big companies were able to shift to work from home easily and upper middle class people are still stuffing money in to their 401ks. Not totally sure this doesn’t continue. Then again- if Biden starts instituting crazy policy, maybe the confidence drops drastically
Screw the REIT, since the scamdemic started, my wife and I went from 1 rental property to 12. Buy real estate, not pieces of commercial property through an REIT.
Well- I mean the deal is that the stock market imo is a little more of a barometer of how a GOOD PORTION of our economy is going- I’m series 7/63/66/variable insurance licensed with 7 years experience. Basically- the people that haven’t been laid off and small businesses don’t put as much money in the stock market. Big companies were able to shift to work from home easily and upper middle class people are still stuffing money in to their 401ks. Not totally sure this doesn’t continue. Then again- if Biden starts instituting crazy policy, maybe the confidence drops drastically
Middle class in my 30's - I'm pulling in around an extra 2-3k per month because our household expenses have gone waaaaaay down.
Stuffing it all in a few low risk REITs and watching it grow. I already owned a house before I got married, so it's all gravy at this point.
$ABR is free money right now.
Screw the REIT, since the scamdemic started, my wife and I went from 1 rental property to 12. Buy real estate, not pieces of commercial property through an REIT.
I'm buying REITs that handle multi-tenant properties. Think middle/lower middle class apartment complexes.