Sorry to hear about the stocks. I am not much for stocks but my understanding is that if you are looking long term, one should stay the course and ride it out.
Hey, I have loved Fremont for a long time. 4 years this Dec I bought a 3/1 SFH for mid 400K. Now, easily mid 800s. Not too bad.
I have been buying tech stocks for the last 30 years. You are right that in the long term stocks go up. But itās so damn hard to not panic when they start going down. Look at AMD, they have been doing so well. Not sure what changed so suddenly. In any case, stocks are a volatile, time consuming investment. I know that 90% of people that I know wonāt sell their homes even if their value goes down to 50%.Not many of them, including me, can stay in stocks after a 20% fall. So in theory stocks may generate a better return but in practice, itās very difficult to stick to them during downturns. Hence my decision to stick to real estate. I can live in my house no matter what, and collect rent on my rentals. There may be some dip in the rent for a few years during a down turn but I wonāt lose my sleep over it.