[quote=paramount]flu: If I understand you correctly, are you bearish on the stock market right now? And if so, wouldn’t that translate into the overall economy? And then housing?[/quote]
I’m neither bearish nor bullish on the stock market currently. In fact, if it was up to me, I would want the stock market to keep going up….
It’s just my way of spreading risk, trying to avoid getting slaughtered IF there is a stock market correction in the future while also trying to avoid getting slaughtered by holding it onto completely cash…
I want something that produces a consistent income, albeit not something I can live off of by itself…So in case my job or health goes south for the winter, I have something to fall back on…
Dividend income is one part of that equation, and frankly, probably the dividend income from some of the better companies is almost comparable to the rental income of this… But again, stock it counts on the stock market….
I guess one could also argue RE in SD is overheated. Maybe, maybe not… I don’t know. We’ll see…I figure I’ll dollar cost average this one with the other ones that were a much better deal… ha ha ha…
I use to be much more aggressive in my investments because I use to be young. I woke up to the sad realization that holy sh… I’m actually kinda old now….
