….......….in becoming a successful real estate investor is surviving the ownership of the first investment property. As we tell all of our prospective new investors, life its ownself can be messy at times, and that goes double (or triple) when dealing with property and tenants. Acceptance of that reality is an important step in clearing the way to success.
Apparently (ten years of a bull market notwithstanding) the same thing is true for investing in the stock market:
Risk and reward are attached at the hip. You can’t expect to earn higher returns if you aren’t willing to accept occasional losses and volatility.
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