January is typically a time when we purge ourselves from the gluttony of the holidays and refocus on our health and wellbeing. After a particularly difficult year, I am sure many of us are paying even more attention to our mental, emotional, and physical health.
If you’ve been following me on my blog, you know that I am a pretty risk-averse person. I hate losing money and even worse, feeling like I’ve lost control over it. Unfortunately, my protective habits meant that I missed out on one of the strongest bull markets in history.
Despite a struggling economy, the real estate market is hotter than ever. When my husband and I refinanced our home in July, our loan officer told us that she was swamped with new home purchases in the Austin area. With a desire for more space after rolling lock-downs, a swift market recovery, low-interest rates, and rotation of capital into real assets, it’s no surprise that homeownership has more appeal now.
One of the reasons I’m more bullish on investing is because the barrier to entry for the average retail investor has been significantly lowered over the past decade. Advancements in technology, artificial intelligence, and financial policies have transformed the investing landscape, making it more accessible than ever for anyone to join in.
One of my biggest regrets this past decade was not investing more of my money. I let my irrational fears and risk-averse tendencies get in the way of one of the longest bull markets in history. So when the market took a landslide in late February, it was time to double-down and take revenge!