Well, I\’d have to say that 2020 is off to a hell of a start. From giant fires ravaging the country of Australia, the death of NBA icon Kobe Bryant, the Coronavirus, stock market volatility and of all things, Prince Harry wants out of the royal family!
Here\’s what I know; I\’m grateful for today and I\’ll take it as it comes. I\’m not
going to play into the fear-mongering on social media when it comes to stock market declines or Coronavirus. My solution is pretty simple; diversify, buy real estate for cash flow, wash my hands frequently and keep trucking along.
On Facebook this week I saw a lot of stoking the fire of fear when it comes to stocks vs. real estate. I don\’t agree with that tactic as I continue to own both stocks along with my real estate. Maybe it\’s the former financial advisor in me, but I don\’t get too emotional when it comes to investments. I make decisions based upon data and return on investment and believe me when I say, that this wasn\’t learned overnight. I got absolutely destroyed in the recession and learned some painful lessons about emotions and following the crowd.
This week I posted on Facebook about a partial note with a 12% yield that we were looking to sell and I had multiple IRA holders in my network reach out to purchase it. If you don\’t know what a partial note is, you can learn more about that
HERE
on our YouTube Channel, but in a nutshell it means that I\’m selling a portion of the payments on a note that I own for a period of time. These are ideal for IRA holders that may want to hold some cash flowing assets in their portfolio along with their stocks and bonds. Did you know that you can also hold these assets in an account for your kids, HSA, Roth or even 401k?
I don\’t think you should have all of your eggs in one basket which is why I own different businesses, stocks, bonds, notes and of course real estate. If you are interested in adding some notes to your portfolio as an income producer, reach out and let\’s schedule a call to learn more about your investment goals to see if they\’re a fit.
It\’s a crazy world we live in and that will continue on. I\’m grateful to have you in my network and I hope you stay healthy and happy!
PS: Don\’t forget to wash your hands! 😉
Regards,
Ben Fredricks
Odell Barnes REO
www.OdellBarnesREO.com