1328: Cashing Out Of Stocks To Buy Real Estate: Analyzing The Temptation by Financial Samurai on Asset Allocation

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.5 • 1.3K Ratings

🗓️ 28 October 2020

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam of Financial Samurai analyzes the temptation to cash out of stocks in favor of real estate. Episode 1328: Cashing Out Of Stocks To Buy Real Estate: Analyzing The Temptation by Financial Samurai on Asset Allocation Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com. The original post is located here: https://www.financialsamurai.com/cashing-out-of-stocks-to-buy-real-estate/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily episode 1328,
0:04.4	cashing out of stocks to buy real estate,
0:07.2	analyzing the temptation by Sam of Financial samurai.com
0:12.4	and I'm your host and personal finance enthusiast, Diana Merriam.
0:17.0	This is the daily show where I serenage you with the sweet sounds of personal finance knowledge from some of the best blogs on the planet.
0:25.7	This show is actually one of six shows in our network covering different topics like personal
0:30.8	development, health, and relationships. So if you like narration development, health, and relationships.
0:33.0	So if you like Narrowation-style Podcast,
0:36.0	be sure to search for optimal living daily
0:39.0	wherever you're hearing this
0:40.0	and check out our other shows.
0:42.0	But for now, let's get right to it and continue optimizing your life.
0:45.0	Cashing your life.
0:47.0	Cashing out of stocks to buy real estate, analyzing the temptation by Sam of Financial samurai.com.
0:58.0	One of the wealth tenants I've followed since the first dot-com crash in 2000 is to always convert funny money into real assets.
1:08.0	My definition of funny money is an investment that makes an irrational return in excess of fundamentals.
1:15.0	There are obviously various levels of irrationality.
1:19.1	Some friends and colleagues went from huge stock market returns in 1999 only to lose everything in more in 2000.
1:28.0	Going on margin was partly to blame, while some stocks like Webvan and Pet.com literally went to zero.
1:35.0	Over time, I noticed those who turned their dot-com fortunes into Manhattan or San Francisco real estate
1:41.0	during the early 2000 era were able to extend the value of their
1:46.0	fortunes and do quite well.
	...

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