Shownotes Transcript
Asset allocation is arguably the most crucial step in building wealth). While most people think just buying rentals is enough, having the money set aside to protect those rentals, and subsidize your business during rough markets, can **make or break your **real estate portfolio.) In the last crash, those entirely in real estate saw their wealth dwindle to nothing while diversified investors held strong, scooping up deals at a steep discount, making millions in the coming decade.
Now, with many investors fearful that we’re on the edge of another crash, James Dainard and Kathy Fettke have stepped in to give advice only multi-decade millionaires know of. Dave, James, and Kathy will be** breaking down their exact investment portfolios**, walking through what they own, what they don’t, and how they structured their wealth to stay safe without stagnating.
They’ll also share their advice on what to invest in TODAY, how to diversify your portfolio so you don’t get liquidated in the next crash, what they’d buy with $100,000, and “risk-free” investments like bonds still boasting favorable returns. Whether you’re just starting to invest or are looking to optimize your passive income, this episode is for you!
In This Episode We Cover
**Asset allocation 101 **and why it is SO **crucial to building (and keeping) wealth **
Revealing our multimillion-dollar investment portfolios and how we designate our dollars
Kathy’s short-term rental) bet and house hacking EVEN while you’re financially free
Geographic diversification) vs. asset diversification and whether the market or asset matters more
Protecting yourself during a real estate crash and what James wishes he did last time
Bonds) and **“risk-free” investments **that could give you a stress-free return
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Subscribe to The “On The Market” YouTube Channel)
Kathy's BiggerPockets Profile)
The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of)
How Much Investment Diversification Is Right for You?)
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-116
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