I Sold My House

[@RichardFain]

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[@PASCALDAB]

In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?

[@DonaldStokes-p]

The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.

[@SeanTalkoff]

I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.

[@Tonyrobs2]

I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.

[@viviancarolgioao]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@Tonyrobs2]

@@viviancarolgioao How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@James.0467]

Warning: never use your home as collateral! Unless you've changed your spending habits, a second mortgage or HELOC won't solve your financial woes, investment is the best way to solve our present economic inadequacy. Borrowing against your home can lead to losing the roof over your head. Our house is not an ATM.

[@Victoria_10249]

Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks

[@AndrewJesse-se8nn]

I sympathize with many people who had no knowledge digital marketing because currently dollar is unstable and coin is taking over to be the universal currency

[@SamiCook-kl3js]

Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.l can't fold and watch people around me suffer

[@ElizabethDaniel-]

That's quite a significant increase! Curious, how where you able to achieve this in a short period?I will appreciate if I could get some tips please

[@Cherish_jwz1]

Raghee Stephanie's. advice has been a blessing. I've been able to donate to my favorite charities more than ever before. leven started a community garden with my profits.

[@whereisthedollar]

Yes, Florida is taking a hit. From a listing of 800k to 600k sell. Congratulations to getting it off the books.

[@Rufus1908]

Congratulations!

[@silviapardofraiegari3535]

Congratulations Richard! I’m happy for you

[@drholton60]

The dream home is where he’s doing his videos. That’s not the house he sold. It’s the other home you rarely see.

[@sundaytaybron1213]

CONGRADULATIONS Richard!!!

[@Manofhonor007]

GOOD FOR YOU NICE CHRISTMAS PRESENT 🎁

[@tampaed]

Speaking from a realtor, I would wait until your home inspection and appraisal is complete. Don't count your money until the deal is done.

[@Msfinanceguru]

Yep. I would only announce once closing has occurred.

[@texan903]

Yep. Mrs. McCooey listed her property in January 2017 at $1,950,000, already at a $45k loss from what she paid in October 2004 when she bought it. After several price reductions, a buyer made an offer for $1,495,000 in April 2018. She was finally able to close in June 2018 after taking another hit, finally the house for $1,275,000.

[@kevowsk1]

Congrats on the sold home & enjoy that new home & profit. Real Estate is always great to grow wealth.

[@Mizkitty03]

Congratulations!im in the same boat. praying 🙏

[@Peter-gh1hs]

Bought more Norvenai after watching your review... lets go!

[@Manolani808]

Yaaaaaaay!!! Congratulations Mr. Fain‼️‼️‼️🙌🏾🙌🏾🙌🏾💯💯💯💎💎💎🤙🏽🤙🏽🤙🏽✌🏽✌🏽✌🏽🌺🌺🌺🇺🇸🇺🇸

[@LilyLopesMendes]

Great to hear from you again. NorvenAI is the future! ✌🏻✌🏻

[@Teamkaw996]

Congratulations

[@dodgejay545]

Congrats !!

[@marquistprice7577]

My guy Richard! 🎉

[@annaahmed2564]

Congratulations Rich iam happy for you well done keep it up good work.

[@JustinHampe-i9e]

Okay going all in on NorvenAI!

[@BARBEIROFELIPE]

NorvenAI looks amazing!

[@karentimberlake4657]

Congrats Richard.

[@TimothyGibbons-i8h]

Esrow is a bit tricky - good to hear your share topics

[@halleyh]

Great news! I'm sure they'll love their beautiful new home and you'll enjoy reinvesting your profits 🎉😊!

[@tarancedrafts3157]

Congratulations.

[@longterminvestmentsonly4817]

You brought the house in 2012 when the market recovered so you brought the house way too mych, you paid 400k for a 275k home, and 200k after 12yrs sell is extremely a loss. This is why you cant get info from regular everyday ppl who start youtube channels. Anyone that is in real estate and own real estate know this guy is not an investor like he say he is. 400k at 3% in 2012 and hoa fees and taxes now are about $1100 in florida means you were paying about $3479 a month, meaning if you add that payment times 12 months, then 12 years thats well over 500k and a 300k loss, you sold at an extreme loss. I just wish you guys on youtube that are making money off of ppl acting as if you know what u doing to the general population because most of the audience yall have do not know anything so when you say $200k it sounds good to the naked guy. But that is why u keep saying, “some of you might”.. you know exactly what it looks like. Why wld u have a home sitting up this long or why wld u sell it if u are a real estate investor? Doesnt make sense with u. Why wouldnt you pay that jumbo loan off that you over paid for now? Im confused smh. Matter fact why are u still having mortgages at over 50? Im asking as a 37 yr old debt free mortgage holder. So theres no hate, im just confused why these ppl have channels and misleading ppl.

[@rowanjeffers3230]

Congrats 👏

[@JintheBay]

Congratulations Rich!!

[@smittyb9418]

Congratulations big homie 👏

[@michaelsanders3683]

Congratulations king 👑 the young ones who hungry are happy for you and we listening 👂

[@williamruffin7717]

Congratulations!👊🏿

[@redfox4683]

Great job 👏

[@ginols68]

congrats richard gl on 2025

[@pgnaveen7366]

Let's go NorvenAI 📈🐸💯

[@PlayaConnection]

where is my 3 percent commission playa.I sent them your way.

[@BlackBirdieGolf]

Congrats my dude 👏🏾

[@dereefer6834]

Congrats Richard🎉

[@thinkbetter49ers]

Richard, how do you feel about soundhound Ai?

[@jDuZiTthaArtist]

CONGRATS!!!!! 🎉🎉🎉🎉🎉🎉

[@dwightmahabir5034]

Congratulations Sir Richard

[@All_Thingz_Pertaining]

Guten Abend! Good job man and congrats, Richie Rich!

[@derrickjenkins349]

Congratulations Richard 👍🏾

[@raymondmiller2538]

Good for you

[@meclovin-x3d]

Glad to see NorvenAI in your portfolio there. 🧐

[@comfortubandoma]

All in on NorvenAI - the gains are gonna be insane!!!!!!!!!!!!

[@JOSEMANUELTRIVINOGODOY]

NorvenAI Pumping🚀🚀🚀

[@armando2591]

I think you did the right thing, I did the same thing. I invested it in the stock market, and I'm Up 20%.It took me 60 days to sell my home.

[@tracystokes6299]

Good for you. 😊

[@DarwinDavis]

Mazel Tov my brother!

[@davidharris4110]

Outstanding and congrats 👏👏👏👏👏

[@IndefatigableForever]

Congrats bro

[@russyspring]

Congratulations Unc Rich

[@sdg4883]

Good job with that sale.

[@comfortubandoma]

I’m not usually one to share projects, but NorvenAI been interesting enough to make me rethink that.

[@redfox4683]

For the short term stocks calls & short the market

[@bennisim7949]

Hi. Are you planning to invest lump sum or over certain period ? Thanks.

[@kingakhenaton5111]

Congratulations Black Man! 🎉🎉🎉

[@jhonlemus7566]

NorvenAI is an absolute gem from your last video bro.

[@81aherna]

Congrats rich!!!!

[@NandaCahGamers]

Norvenai is lightyears ahead of most tokens, getting in early!

[@CrypticCasual]

NorvenAI might not be on everyone’s radar yet, but it’s definitely one I’m watching closely.

[@JohnnieMoore-td1on]

Congratulations Richard ❤ !!! I believe, you did the right thing with your house.

[@yvonnepinckney6239]

Congrats!!!

[@sarahazzahra6001]

I’m really getting bullish on the NorvenAI eco system

[@YenkoAfrica]

What a difference 8 days makes. Congrats!

[@Heidibutler-y7n]

Congrats

[@the-Bhawk7]

Its hard to sell right now the interest rate is too high compared to past years, I just sold as well.

[@richardbergin5533]

What did you originally list the home for??

[@kingakhenaton5111]

I’m glad you got it done brother🎉because the Florida housing market is crashing right now!

I have SUI Ada Ondo might have to grab some cheap NorvenAI while i can

[@wayne9489]

Finally 😊

[@CarmenSantos-fk5yt]

When Education meets blockchain! NorvenAI's the perfect storm.

[@WunAdvisors]

Thanks for sharing your experiences. Its helps your viewers arrive at better conclusions when facing decisions such as this of our own. Many times we do not have a clear path to travel when making important life choices. Keep up the good work.

[@phillipgrandison2384]

We simply need to realize we can't squeeze every red penny from life. Sure everyone wants to make the extra $25k, $50k, or whatever. But in the long term, usually it makes more sense to cut and run with cash in hand (bird in the bush sorta thing), then to wait for something that may never come..and to be honest, if he's making money, in stocks, etc then $50k isn't much to walk from.

[@Smooviiiee4415]

Congrats been a long time coming

[@clang001]

Nice job! Feels like forever ago and I think you got a good deal with all of the things going on in Florida. Used to live in SW Florida years ago (Lee/Charlotte county). Interest rates are the reason why I won’t sell my house here in WV. I wouldn’t have quite as much equity as you did if I sold (probably 150-170k) but I’m just being patient. Want to move my family into a bigger and better home (potentially out of state), but my costs are very low right now so it doesn’t make sense to sell. Just trying to get things in order to make some serious moves in the next few years!

[@MR.B1004.]

Congrats on the House being sold! Richard Fain is about to scale up.

[@ronie6773]

I think you knew exactly what you were doing, you bought your house in the right phase of the real estate cycle and now rents going down in florida , hypersupply phase about to hit the recession phase of the real estate cycles and real estate prices in many areas florida are headed down, my friend!

[@timothyfisher2153]

👍🏾🤜🏾 congrats.

[@vmagallon4524]

Come to California Richard you can afford yourself a nice beach house! rather be in an earthquake than a hurricane!

[@TOGOe-shop]

I told you about NorvenAI months ago. It's the 1st AI memecoin before Turbo.

[@gregrobertsnittygritty297]

Congratulations brother 🙌

[@TzioN-m8o]

Just invested over $10k in NorvenAI! This project is set to soar.

[@MarkPiresTaxCoach]

RICHARD, without doing the math the truth is it sounds like you actually lost money on this home or maybe broke even after considering the cost of renting over those 12 years.

[@djchancla2451]

As long as you're happy with your decisions I'm happy!

[@dhowto3005]

Congratulations on sell your home!!!!

[@UsamaJunaid-z2e]

NorvenAI will change the game forever

[@meclovin-x3d]

NorvenAI about to 🚀 🚀 🚀

[@marcj3757]

What stock will you put it in?

[@sarahazzahra6001]

NorvenAI will do at least 15X! I love that project!!

[@lauriechan2966]

Glad he FINALLY sold it. This area has been slow with sales lately. Although it's projected to grow quite significantly in 2025. I definitely agree in moving his money out of real estate, and into the market. He'll earn so much more money on the stock market, in my humble opinion. I'm sure having his KZbin channel has helped him gain traction, and increased the amount of potential buyers of his real estate.

[@UrbanBDKNY]

Congrats on selling the old house. I thinks in 2 years there will be good opportunities to buy real estate again as the market goes sideways or drops and interest rates drop into the low 4% probably. I don’t see 3% rates again for a long time

[@victorteles-l5t]

Breaking: NorvenAI to the mars with elo n😊😊😊😊😊😊

[@bigcee2966]

Richard, good move, because you don't know what 2025 would bring, take the profit that's on property, and like you said, roll it into the Stock market, and that definitely will grow, you know what you are doing....i think you fell in love with Boulder, Co.,....😊

[@JustinHampe-i9e]

NorvenAI community powerful force 🙌🙌

[@ImariJust]

In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?

[@Jillyshrum]

The truth is tha the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.

[@JamesDinsdale-e6q]

I am in agreement. Drawing from my own experience collaborating with an investment advisor, I now have $985k in a well-diversified portfolio that has seen exponential growth. Having money to invest in stocks is not the only requirement; you also need to possess knowledge.

[@DannyGotts]

@@JamesDinsdale-e6q Pls pardon me, who is guiding you on that?

[@JamesDinsdale-e6q]

One of the most well-known people in her field is my CFA, Annette Marie Holt. I advise doing more study on her qualifications. She is a great resource for anybody trying to understand the financial industry because of her many years of expertise.

[@EggrollsBaby]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@altondavis2]

Good move, anything is only worth what someone is willing to pay when you are ready to sell. A bird in the hand. Every buyer is not a qualified/serious buyer.

[@haroldbottom3474]

Did you pay the buyers fees >

[@patrade2601]

Indeed, friend, Norvenai will rule the market if they can produce those mining efficiency items.

[@LilyLopesMendes]

yea but NorvenAI will outperform everything on that list

[@uwuholi]

NorvenAI will shock people.