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Josh here – True story, Michael bought a house and had a gap between when his mortgage banker needed cash versus when his apartment in Brooklyn sold. This meant temporarily making sales in his investment account.
This scenario is just one of a million things that happens to investors in the real world, which makes actual results look different from those that can be illustrated by a performance backtest.
Would Michael have done anything differently if he was getting financial advice from a professional?
We discuss, please let us know what you think in the comments below! And wish Michael congrats on his official Suburban Dadhood! Accomplishment unlocked, new level starts now!
[…] Be sure to subscribe to our channel so you never miss an update Josh here – True story, Michael bought a house and had a gap between when his mortgage banker needed cash versus when his apartment in Brooklyn sold. This meant temporarily making sales in his investment account. This scenario is just one of a million things that happens to investors in the real world, which makes actual results look different from tho… Source: https://thereformedbroker.com/2019/04/20/investing-in-the-real-world-not-a-backtest/ […]
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