Our May 2020 Standings–Still 2nd Place As Gold Soars During the Corona Virus Epidemic and Riots

Now that May 2020 is completed, TMP is still in second place in “The Financial League”.
‘Gold’ is still solidly in First Placeand has gained another $4,000 this month during the COVID19 and now riot era.

TheMonopolyProject retained2ndplace with an incremental gain.
Equities (VTSAX – Total Stock Market Index Fund) continued their rebound and are up 6% from the base.

Here’s the last four months:

TheMonopolyProject formula for TOTAL EQUITY is:
TOTAL EQUITY of TMP = ‘Bank Account’ + ‘1 SHF – estimated equity’ = $112,565
How did we get to the ‘REO Owned Estimate of Equity’ of $53,258 for the month of May?
We used the arithmetic average of three websites (Redfin, Zillow, Realtor.com) that estimate home values.

The Redfinestimate was stable, but the Zillow estimate fell by about $3,000!
But note that the Realtor estimate is still below the purchase price!? Do you believe that?
According to our Realtor Jeff Sutherlin of EXP Realty home prices are still relatively stable during this crisis.
You can see Jeff’s video report on “How To Buy A Home At The Right Time in Phoenix, AZ”.

Are these ‘interesting times’? Absolutely. Nothing like this CoronaVirus plus riots situation has ever happened in this country.