How To Evaluate Investments
Whenever I talk shop with another investor, I’m often asked how I determine if an investment is a good one. While the answer is very subjective and personal, I evaluate 5 specific things every time I decide to pour money into a new investment. Today, I share what those are with some basic examples.
How My Investments Are Faring in 2023
Near the end of 2022, about 9 months ago, I shared that my net worth had plummeted a whopping $1.7 million! The losses were primarily attributed to a terrible year for stocks, with the Nasdaq down roughly 33% and the S&P down 20%. Going into 2023, I kept my expectations low due to the Fed’s aggressive rate hike plan and stubbornly high inflation. However, this year has proved to be one heck of a turnaround! In this post, I’ll share how much my net worth has recovered and what I’m doing with both stocks and real estate.
6 Reasons Why I Invest In Stocks to Build Wealth
A few months ago, I wrote an article on why I invest in real estate to build wealth. While I am a huge fan of real estate investing, there are many benefits of investing in stocks that I also love. In this post, I’ll dive into the top reasons why I invest in stocks to help bring me closer and closer to my $10M fat FIRE goal.