Michael Blank, CEO Nighthawk Equity
NEW YORK CITY—Although average stock market returns over 15-yearperiods can look quite high, Michael Blank, the author of“Financial Freedom with Real Estate Investing” (published in 2018by CreateSpace Independent Publishing Platform) and host of theApartment Building Investing podcast, points out an investor'sactual returns could be much lower due to stock market volatilityfrom year to year.
Plus, Blank reminds investors that expenses for managed mutualfunds are between .5% and 1.0% and can even go as high as 2.5%. Healso points to capital gains taxes and inflation.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
