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Re: rayf post# 39249

Thursday, 04/14/2022 2:41:00 PM

Thursday, April 14, 2022 2:41:00 PM

Post# of 52051
rayf, the sensible thing is to focus on your mortgage, but if you have been writing off your rental, your 20 year depreciation could have tax implications, so plan for those. Look at ANY investment as a gamble - I don't care if it's Blue Chip or Pink, the risk of your money losing value exists.
While this is IMO a safe bet, the current environment of Inflation and Ukraine are keeping a lot of stocks from realizing their true potential.

I would consider doing a cost/risk analysis and determine if your money should be in a Roth IRA or some other investment similar to that as opposed to throwing any money directly into the market. The Roth gives you the ability for investment write-offs.

Best to you!
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