When I sold a couple of commercial RE properties in 2022 and 2023 I put approximately 20% of the after-tax proceeds into individual stocks and ETFs, mostly individual stocks. These stocks as a group, most up, some down, are currently, today, up over 50% from my purchase cost (Thank you NVDA, BRK, WMT and GOOGL) during 2022 and 2023; the ETFs are up about 10%. IMHO over several years crazy Mr. Market drove stock prices to over 200% of their inherent value. At some point in such an overblown market some air gets let out of the bag. Just saying...
The other 80% I put into cash equivalents, mostly T-Bills.
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
Last edited by manaboutown; 04-07-2025 at 01:25 PM.
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