Jul 23, 2019
12:10:06am
12:10:06am
We have a 401k and that gives me more stress than investing in real estate.
I have no control over the companies I invest in.
I work with many clients who work a wide variety of businesses. One client, who is probably my most wealthy client told me not long ago that he has never invested in the stock market. He said he was always more interested in investing in himself. It has made me rethink my own investing.
I don’t feel like one can truly be truly diversified investing a variety of different funds. I think to be truly diversified, you have to different types of investment vehicles. A 401k, or other financial investments is one type, real estate another, business ownership is another. Others may be able to describe others but that is how I see it.
I work with many clients who work a wide variety of businesses. One client, who is probably my most wealthy client told me not long ago that he has never invested in the stock market. He said he was always more interested in investing in himself. It has made me rethink my own investing.
I don’t feel like one can truly be truly diversified investing a variety of different funds. I think to be truly diversified, you have to different types of investment vehicles. A 401k, or other financial investments is one type, real estate another, business ownership is another. Others may be able to describe others but that is how I see it.
- Bio page
- Superman21
- Joined
- Jun 16, 2014
- Last login
- May 24, 2024
- Total posts
- 5,418 (124 FO)
Messages
Time
7/22/19 11:51am
7/22/19 1:18pm
7/22/19 1:22pm
7/22/19 1:27pm
I'm the one who indicated that the 20% return (cash on cash) figures as an estimate aren't a good comp
7/22/19 1:50pm
7/22/19 10:19pm