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44: FOMO Investing, REITs, and Why You Should “Just Keep Buying” w/Nick Maggiulli

44: FOMO Investing, REITs, and Why You Should “Just Keep Buying” w/Nick Maggiulli

FromOn The Market


44: FOMO Investing, REITs, and Why You Should “Just Keep Buying” w/Nick Maggiulli

FromOn The Market

ratings:
Length:
50 minutes
Released:
Oct 17, 2022
Format:
Podcast episode

Description

Dollar-cost averaging is advice we’ve all been given. But, during a crash, or even a dip, it can be enticing to throw all your savings into an investment with hopes that it’ll quickly skyrocket back up. Is this a smart move, or would this ruin the “consistent investing” advice altogether? To help clear things up, we’ve brought on Nick Maggiulli, author of Just Keep Buying: Proven ways to save money and build your wealth. 
Nick, just like Dave, has been a spreadsheet freak for a long time. They bond over their love of data and how looking at the numbers can help you make much better investing decisions. In a time where FOMO-investing, financial freak-outs, and anxious feelings toward inflation run rampant, Nick provides some soothing words on how any investor in any asset class can successfully start building wealth with little-to-no effort.
Dave, Nick, and expert guest Henry Washington also riff on REITs (real estate investment trusts), real estate investing, and advice for new investors. Whether you prefer stocks, bonds, rental properties, crypto, or a mix of all four, this episode will provide some much-needed advice for you to make it through the recession with far less stress.
In This Episode We Cover
Dollar-cost averaging and whether this investing strategy works for real estate
FOMO investing and why so many people buy at the top 
The two different definitions of dollar-cost averaging and which is the better bet 
Investing during an economic crash and how even uninformed investors can make money
Advice for brand new investors and why now may be the best time to invest
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Agent
Join BiggerPockets for FREE
On The Market
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
Find an Investor Friendly Agent in Your Area
Dave’s BiggerPockets Profile
Dave’s Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Books Mentioned in the Show
Real Estate by the Numbers by Dave Meyer and J Scott
Just Keep Buying by Nick Maggiulli
Connect with Nick:
Nick's Website
Nick's Twitter
Nick's Instagram

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-44
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Released:
Oct 17, 2022
Format:
Podcast episode

Titles in the series (100)

The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.