Yes, plus there are rules for them to maintain eligibility. That gives the landlord way more power. You can get them kicked out of the program. That’s the last thing they want, so they end up being good tenants.
I eventually broke back even in 2010 after the 60% fall in 2008-9. It didn’t go up from 2007-9, it dropped 60%.
By end Dec 2009, AAPL recovered the loss from Dec 2007 till early 2009. Recovery is slightly faster than the decline, contrary to the myth of fast decline, slow recovery.
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So you more than doubled from 2009 to 2010. How much did it appreciate from 2010 to 2017?
And did you hold all the stocks or did you trade a lot
Nasdaq had a dramatic decline in 2000-2001. It took many years to recover.
Boy you certainly have a lot of interest in how my portfolio behaved… my portfolio increased 2 fold from 2010 to 2017. I held on to most of it. I don’t trade a lot.
Yeah. I feel it, but I see the bright side after–as long as I don’t think the company will go under, I’m happy.
I think Nasdaq is losing today…again.
I know from a personal approach 3 cases where people were just about to sign the retirement package, leaving their jobs, to feel the pain of losing their stock values 38.5% during the last bubble burst. Why? Because they were “educated” on the mantra that they just put certain % of their salary into their 401K and let it go, without the knowledge that they can stop any time they want and call it quits, paying taxes and penalties if not 59 1/2 of age. But, they retire, and go to enjoy that money…that won’t be there as they thought. Innocently enough, they forgot they have to pay taxes at the end, specially those with investments that make them earn lots of money so their tax bracket will higher.
Do a research, 401Ks in most of the occasions last 5 years in the hands of the retiree. Then, long term care is needed, for what, if they are lucky, the government will help for a while. Then, they are on their own with the management companies enjoying the $ earned while they were charging unlimited commissions to the accounts.
If I wanted to play wall street, I would do it via stocks trading or as I am doing now, with the IUL indexed policy. My destiny would be on my hands, not on the hands of others. My gain, my loss.
Section 8: It is not easy to get rid of the tenants. I know so by experience in my hood. You are in for a big surprise if you get the ones I met for 4 years.
If by losing you mean hitting a new all-time high, then sure. Don’t let facts get in the way of a good story or an agenda though.
Also, UIL commissions are 40-90% of first year premiums and 2-5% of premiums after the first year. That’s much higher than 401K and mutual fund fees.
No particular interest in your portfolio. This is for RE vs stock discussion and you are the only one who shares the performance.
We only need to know the percentage change, we are not asking for the size [quote=“wuqijun, post:26, topic:2752, full:true”]
Boy you certainly have a lot of interest in how my portfolio behaved… my portfolio increased 2 fold from 2010 to 2017. I held on to most of it. I don’t trade a lot.
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Ok sure… yes will not share the size for sure.
We should have more data point for stock portfolio performance over 5-10 year period. Don’t share your size, just the percentage of change, ok?
Should people be listening to you, or to the guy who charges $1M for some kind of exercise?
Marcus, you are smart you say, but as well as me, and as I say when it comes to real estate investment, I call myself an idiot or dumb on the subject. You should do the same when it comes to life insurance and all related financial aspects of it.
I think it’s time for you or @hanera to share your performances instead. I already shared more than sufficient and don’t know why you want to go down to the nitty gritty.
You mean…show me the money?
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Notice how you don’t dispute the life insurance commission numbers. You just claim 401K fees are high… If you want to have a meaningful discussion, then put the fees for both side-by-side for comparison. You won’t, since that’d be a fact based discussion. Instead, you’ll point out how high 401K fees are while refusing to discuss what life insurance fees are. That sales pitch may work on the ignorant. It’s not going to work on people that know far more about financial investing than you do. You can’t throw about terms like “compounding interest” and impress us. We actually know how to calculate it without having to use a custom software program to do it for us.
Huh? I shared just as much as you. We are the only two clowns who share honestly and truthfully.
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Yes, you are right!
My rant was actually directed towards @BAGB. I was annoyed by him always asking way too many personal questions. I mean I don’t mind sharing some of my info but when people start asking a lot more without reciprocating the least bit it just feels lopsided and wrong. So stop taking advantage of people okay?
I do not do much stock investment and I am not a big fan of stock investment. My stock portfolio has been shrinking in the last 10 years when I withdraw funds as downpayment. If I continued to invest in stocks and not RE, I would regret greatly. I guess my return on stocks is not better than spy.
I feel that my time on stock research before focusing on RE is totally wasted.
IThis could mean that you two are the high watermarks in stock performance. Wuqijun tripled his money on stocks, and hanera might have done much better, over 700% in 10 years
The problem of this small sample of 2 is the overly exaggerated stock return, which could be misleading to the general population here
Wuqijun, I advised you not to share your portfolio size, only the percentage of increase. Percentage of increase is not that personal. My question is more a clarification on the 300% return, which could mean triple the money or quadraple the money, depending on how accurate the wording is.
Also wuqijun published a 10 year return of 160% or something around that recently, I was thinking why bother
To be fair, wuqijun did share a lot of personal details, mostly voluntarily though. I have not compelled him for any personal info. All my inquiry is to corroborate and make sure I understand correctly
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