Exploring Investment Opportunities in the Mobile Home Park Industry with Frank Rolfe

And the last question on this show is that one piece of advice for investors to navigate this fear that they have in mind in current market cycles.

Well, the first thing you have to remember is that the very definition of a cycle is things return back to normal. So I've been through the 70s recession, the 80s crash, 2000 great recession. So I guess I'm coming up Jon probably my fifth crash coming up. And the way the crashes work are you have terrible fear that the world is ending, and it doesn't. So everyone has inherent fear. But fear can be productive. If the fear makes you diversify your assets, if fear makes you do better estate planning, if fear makes you work harder, that's great on fear. But negative fear is when you just constantly fret and worry and work yourself up in a lather and give yourself an ulcer, there's no benefit to that. So if you can channel your fear into something productive, if you can say, okay, well, I'm terrified of the way things are going, I am going to spend all of my recreational hours learning about different types of investing or different things. Okay, that's good fear.