Hello, fellow investors. How is that stock market treating you? Has the Coronavirus found its way into your home yet? If you are a big fan of the stock market, it has definitely found its way into your portfolio. Of course, your friends and family will tell you: "Ah, it will come back." NO! That is not the mindset anyone should have.
I used to waste so much time when I was younger, so I know. The mindset we should have is Treat every day like it is your last. Hello?! Coronavirus!? Every day is a miracle; it is another excellent mindset. The time we have on this planet is short, and I don't have the time to wait out another market plummet, hoping for it all to come back, to get back to even. Did you ever get to spend any of that "money" you had in your stock fund? It came and went, and it bothers me that you didn't enjoy a dime of it, the way you can enjoy the cash flow of a real estate investment. I hope you are not thinking I am talking about Reits, either. That is just another Wall Street vehicle. It is a paper version of the real estate market. Here is what I am getting at. Am I freaked out by the market collapse this time? Am I sickened, waiting, hoping for it to reach the bottom? Nope. If you have read any of my stuff, you know that I have very little exposure to the stock market. Crash away. I'll continue to invest in apartments.
The market is more emotional than your teenage daughter. I don't deny that the Coronavirus is directly connected to the world's economy, whether it be tech, manufacturing, or tourism – it is. My point is speculation! There are too many algorithms and predictors of momentum involved, with untested reality, and the landslide occurs rapidly. The stock market gets ahold of it like the media gets ahold of a juicy story and 10x's it. The stock market gives you a preconceived result before any reality can actually take place. Pure pandemonium breaks out - and it spooks the bejesus out of investors. Before you know it, all Hell has broken loose, but we have no idea how bad it will really be. Maybe it will be bad. Perhaps it won't. The point is, we really don't know, but apparently, the market thinks it does, and you're screwed.
If you are still playing with paper money, I hope you have been at least considering investing in apartments. You know the saying, "it is as good as gold?" What is good as gold? Answer 1) Gold. Answer 1A) Real Estate. As currencies plummet, Real Estate holds firm. Could the Coronavirus creep into your apartment complex somehow? Of course, it can, but it is a slow, natural reaction. Maybe some Chinese electronics manufacturer supplies the Best Buy that your tenant works at, and they need to shut down for a few days, and layoffs are coming because of it. What is the worst it could look like? Are people going to move out on the street? The Phoenix real estate market was walloped by the 2008 recession, and at its very worst, vacancy sank to 15%. If that is the worst it can get, then you won't even sniff your break-even point.
The stock market is crashing, but this time I feel fine. This time, I have learned from my past mistakes. The coronavirus outbreak is here, and it goes well beyond how it affects us financially. Still, we must take heed of our financial position. WallStreet is falling , but my apartments are still standing, and my monthly mailbox money continues continues to come in. Are you tired of these stock market collapses? Are you ready for something more reliable? Sign up below to invest in apartments, and laugh the next market collapse off.