Wed, 12 December 2018
CW 1096 - Difference Between Paper and Real Assets, Student Loan Debt, Looming Correction & Mortgage Update
Jason Hartman talks with Ryan Moran, founder of www.Capitalism.com, about assets. The two decipher the difference between paper and real assets, and why you should really just be using one to get more of the other, as well as looking at some indicators that are potentially pointing at a correction being on the horizon.
Ryan and Jason also go in to a discussion on whether student loan debt should be forgiven, why Ryan thinks it's a terrible idea, the importance of having economic indicators you can trust, and more.
[5:03] What you're really trying to do is take your paper assets and get real assets that create cash flow
[9:28] Is there a big, quick, correction in paper value coming?
[14:11] Is student loan debt forgiveness a good or bad idea?
[16:24] When you get rid of economic pain you get rid of economic indicators
[18:36] It's ALWAYS a good idea to buy good assets at good prices
[20:18] December Mortgage Update
[26:30] Property Profile: Davenport, IA