And how are you preparing for the incoming financial crisis?
Who else here is an affluent millennial?
Ryder Cox
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Liam Long
Brody Peterson
I'm getting nervous - I've worked my ass off for four properties. I'm in a low cost of living part of the nation and keep them rented for ~ $500 a month.
Wondering if I should convert 25% of my net worth to cash.
David Russell
what are the notes on them like, ARMs? what's your debt to equity? if you own them outright and there's good prospects for the area to have at least stable demand from a vacancy level perspective it might not make sense to sell. but you might not want to be highly leveraged. go with your true gut though nobody really knows whats gonna happen. if rates go up all else equal prices will go down so it is a battle of the impact of rates vs the local evolution of your market.. I'm sure if you worked your way to that point you are going to be able to decide better than anyone else.
Caleb Parker
Hopefully my parents croak and I get all their shit before it all crashes and turns to dust
Lincoln Morris
Gold nigga
Aaron Sanchez
It is 2 ARMs that I want to get redone under a home instead of investment loan (as soon as a tenant moves out).
I have about 270K worth of real estate and owe 70K
Levi Stewart
Not interested in gold, silver or crypto. In a full blown recession people sell off everything to begin with.
I have about 30K worth of bitcoin hedged on bitmex that I planned on converting back to bitcoin. I trust crypto more than metals.
Joseph Campbell
Gold miners leveraged, and raytheon, siemens, etc, also anything that does government security shit. Deleverage from stock/realestate if you're american, and definitely DO NOT TOUCH ANYTHING GEARED. UNLESS IT IS GOLD OR MILITARY SUPPLIER.
Aiden Allen
>hold 100k in bank
>wait for crash
>crash happens
>invest 100k at the bottom when eryone lost it all
>rise like a phoenix