Quote:
Originally Posted by clintonbaisley
How to determine your investment strategy will depend on your goals, your timeline and your risk tolerance - or how much you can comfortably afford to loose in a worst case scenario. Typically, a person nearing retirement will shift their investment strategy over time towards a capital preservation approach since they do not have the benefit of taking risks and holding through market corrections. Younger investors generally focus more on capital growth, as they have an entire life to rebound from downturns and learn from mistakes.
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Out of the seasoned real estate investors that I know, age makes no difference. Us in our 20's are taking advantage of the same opportunities as folks in their 50's; cash flow. I think that would be correct if this were the stock market.