Tortoise and Hare Investing
Today, I spoke about note investing to a group of real estate investors in Los Angeles. I spoke about the advantages of notes & how they complement my real estate portfolio with income producing notes. I think they liked the idea of having a secured investment generating cash flow in an economic climate where there has been so much volatility & real estate prices have been sliding.
Did you know if you invested $100,000 in the stock market (NASDAQ) index on March 10, 2000 your investment would have been worth $51,578.13? That’s about a -6.60% per year for the last 10 years!
If you had put that same $100,000 and invested it at a conservative 6% for the same period, you would have had $181,939.67!
This really illustrated to me the importance of protecting capital over the long haul & the power of compounding over time. The classic turtle & hare fable applied to real life.
I’ll post some other tidbits that I shared in the presentation in future posts.
