@_The_Prophet__ How you then trade in such a market. How do you play the risk? How do you anticipate which last shock could potentially break the system?
@ZARA_Care I requested this return on Aug 4, during the 30-day window and dropped it off at Fedex. But I just got this email saying the return is being sent back to me as it was outside the 30-day window. Customer service says return was shipped late, which i can't control.
My view is that buying and holding real estate is not an effective investment strategy in our current economic environment, for a few reasons.
1) Real estate is more interest rate sensitive than it is inflation sensitive, so given our current circumstances it is likely to go down in real terms
2) It is a fixed asset that is easy to tax, which limits its impacts on your ability to diversify
3) Real estate is nailed down, so investing in it makes it more difficult to move money from one place to another
That’s my view, in a nutshell. I’m curious to hear if you agree.
#GovernmentDebt #debt #principles
@TheLongInvest For those parking cash for this moment, have you formulated an action plan? Depends on the pull back and which stocks take a beating; but trying to get a general sense of what to do when it’s chaotic.
@hubermanlab I got this done in my late twenties. Had a serious case of deviated septum, struggled with sinusitis almost every month before, and now one in a while. Couldn’t breathe through the left nostril before, now it’s always all clear. Never seen more value for money spent.