Using retirement funds for REI seems terrifying - HELP!
I'm looking for moral support as I consider moving funds from 403B accounts (heavily invested in equities) to Solo and self-direct accounts (mine and my husbands) for the purpose of acquiring buy and hold properties. I have secured the services of a reputable CPA with expertise in REI - so I know I am in good hands. However, on the psychological side, the thought of taking that money and using it for something that is new to me (although I am determined and committed) seems terrifying -- maybe just as terrifying as leaving it in the stock/bond market given that retirement is just around the corner.
Let's assume, for the sake of discussion, I can be successful at finding a solid deal or two... any words of advice on using money from Solo/self-directed accounts? Cautions? Any personal stories - good or bad?
I realize this is a very general question, lacking substance. But, any pep-talk or motivational words of wisdom would be appreciated!