BlogFebruary 5, 2025Michael Covel

I’m having a great deal of difficulty since I made a dump investment

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Good morning Mr. Covel.

I like the introduction you presented for Hite’s book The Rule.

I found it very ingesting that Hite has a policy that he exits his positions when he has a loss of 2%. Do you have the same policy?

I’m having a great deal of difficulty since I made a dump investment in self-directed IRA’s in real estate. I put two attachments in so you can see my dilemma.

Whatever assistance you can provide I’d appreciate. It seems like everyone has to know a way to make it right not only for me but for all the other investors who may make the same mistake.

Thank you.

Michael H.

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