Q&A: Delaware Statutory Trusts, Stop-Loss Orders, & VOOG

10 snips

Dec 26, 2024

Delaware Statutory Trusts are examined for their potential as passive income generators, revealing both benefits and downsides like illiquidity. The discussion also weighs renting against buying for medical students, advocating for the former during transitional phases. Stop loss orders are highlighted as essential tools for risk management while promoting a long-term outlook on investments. Additionally, various investment strategies are explored, emphasizing the importance of market comprehension and the advantages of dollar-cost averaging.

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ADVICE

Lock in High Yield with Bonds

Lock in a 6% or higher yield with a bond account on Public.com.
Act fast because the yield isn't locked until you invest.

ADVICE

DSTs: Proceed with Caution

Avoid Delaware Statutory Trusts (DSTs) due to high fees, illiquidity, and lack of control.
Consider a traditional 1031 exchange or hire a management company for less cost.

ADVICE

Rent, Don't Buy (Short-Term)

Rent instead of buying a home if you plan to move within five years.
Focus on investing and avoid the costs and hassles of homeownership.

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