Yeah, it’s the time of the year to start harvesting some losses to help with taxes in April. I’m trying not to sell anything this month that will trigger a tax liability. I see the benefit of avoiding a 6% mortgage, the rate might be closer to 7% on a commercial building but man I hate to see that much money sunk into a property instead of putting to work in an investment. The interest on a mortgage is fully tax deductible, that could be a plus. I have a few investment properties that are paid off and it tortures me to know I could have borrowed a few mill at 2-3% rates. I could have bought $3mill of delinquent mortgages for about $1.3 mill. Conservative estimate of 25% returns. Oh well.
2025 is looking like another great year for investors. April trade wars booshet screwed us but then we bounced back. Even with the April disaster I’m looking to have 20%+ returns on my portfolio. Im good. You must be over that. My office buddy is at 38% for the year. But he’s a Jew so he gets the secret emails with stock tips and the secret handshakes and winks.
