Should I Diversify My Retirement Investing?
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Peter, is whether this in Austin, texas? Hy, Peter.

how are you today? thanks. Taking the call.

sure. What's up?

And a question. I have ninety percent of my wealth, but just turned sixty two, ninety percent of my wealth in my rock. I R A, and I kind of gone down a path.

I have been doing IT all in private lending, doing private notes, but one fifty average and only doing first, and fifty five percent of less and long to value. And i'm getting two and a half percent right now. And I like that. But i'm wondering what risks maybe associated with that and if I should diversify that. You spit that out in .

such a way that IT makes me believe you do actually know what you're doing. Most people don't in that world but I think you probably do. Um so that doesn't bother me.

So what is the risk on fifty five percent alto vy mortgagees that you're holding only if the bunch of real state collapsed and you became the owner habit, right? Yes, that would be your own increase. That's not a real high real I think what's the average loan loan .

size i'm doing anywhere I ever to be one eighty five right OK.

Um so you you not sit on two million dollar ones and that can I mean.

what's the total two partly two point six okay.

So you're just going to self managed dire gotten in a rough and you're rolled in this money over in private lending. Wow, that's pretty cool.

That's yeah it's like your job too.

Almost IT is what you have going.

And I go for anywhere from those take three years of the average were going to create. Now they come back in early so well, and in turn to simple time, my life and simple and I have a little fear of the stock market and feel that that two point six million coming in each each year.

and I don't fear of but I don't know what you do and either. So if you want to, I mean, diversification equals a lowered risk always. Okay, I love real estate and i'm heavy in real estate.

I'm probably I don't know, eighty percent, ninety percent of my network is in real estate. Um so but I love IT. I'm comfortable with that.

I know what i'm doing. It's not A I have very risk associated with that. But i've got a i've got a bunch in a lot in the stock market and mutual funds.

And so but um I know haven't done what you're doing, but because that the amount of effort would require want to put in. So yeah, there's nothing wrong with being heavy and something you're good at and know that's my point. So i'm i'm not panicked about where you are, but always it's a good question to be asking yourself.

Should I diversify? That's a good question to constantly look at and go all mags in one basket, the box says, put a portion. Since the seven years to eight, four disaster may come upon the land, versification is in a craziest .

thanks for listening to rams y everyday .

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