Wed, 30 September 2020
Jason asks Lynette what she recommends that we should do to protect ourselves? Lynette expresses her confidence in gold and why this is one of the three central pillars of dynastic wealth. As well, Jason and Lynette discuss inflation, the how and why of its existence, and how it’s controlled.
[1:30] Looking at GDP stats from the worst quarter, how bad is it?
[3:00] Let’s get political.
[9:00] Dennis Waitley quote, “Winners constantly think in terms of I can..”
[11:00] What gets rewarded, gets repeated.
[15:30] What should we be doing to protect ourselves?
[16:10] Dynastic wealth is real estate, rare metals, and gold money.
[18:40] Gold acts as wealth storage, holding its value over time.
[19:55] Inflation is an invisible way for the government to tax you more.
[21:40] Real estate inside of a reset faces two issues.
[24:30] There is almost no such thing as a free and clear property?
[30:30] How do negative interest rates work/exist?
[38:40] What does it mean when the LIBOR goes away?
Tue, 29 September 2020
1561: Nominal Confusion, FedNow, Capital Formation, Lynette Zang, Chief Market Analyst at ITM Trading
Jason Hartman interviews Lynette Zang, Chief Market Analyst at ITM Trading, about everything monetary policy. Opening with one of Lynette’s favorite charts shared from the FRED, Federal Reserve Education Department, Lynette, and Jason guide us through a discussion to clear up nominal confusion. Zang shares recent developments with FedNow and how this will affect the individual.
[2:30] Looking at one of Lynette’s favorite charts from the FRED, Federal Reserve Education Department.
[3:45] Fiat literal translation: government decree.
[6:00] Nominal confusion; ‘they’ knew that people do not understand inflation and that they marry the legal money of the state because inflation causes nominal confusion.
[9:00] What is a total financial reset?
[11:10] The FedNow is about you, the individual, having an account directly linked to the Federal Reserve.
[13:45] The basis of wealth is capital formation. You’ve got to save in order to invest.
[19:00] What is Gavi, The Vaccine Alliance?
[27:00] Whenever you hear the term nominal, you must understand that the truth is being hidden.
Mon, 28 September 2020
Robert Rosenthal, Co-President for the Foundation for Inner Peace, joins Jason Hartman today for this tenth episode special. Rosenthal shares his understanding of the ego and how one might interact with it, or believe in interacting with it. He also shares life-changing concepts about forgiveness. Rosenthal also authored, From Never-Mind to Ever-Mind.
[3:20] A Course In Miracles, and we aren't talking about religion here.
[5:30] A course to know yourself.
[8:45] To some extent, we are all seeking security.
[11:14] "There's no such thing as a bucket list in A Course In Miracles."
[18:30] In understanding ego, ex: we never confuse ourselves with our playing piece in a game of monopoly.
[23:00] The ego is intent on its pseudo survival; it's not real, but it thinks it's real, and it needs to convince you that it's real.
[31:30] How and who do we forgive? Do we forgive Hitler?
[33:00] We want to be willing to forgive everything, even if we aren't ready.
[40:00] There is nothing anywhere else ever; the body is a limit.
Sat, 26 September 2020
Zoom Virtual Event: October 17th, 2020
Early Bird Admission: PandemicInvesting.com
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Direct download: CW_Special_Announcement__Pandemic_Investing_Summit.mp3
Category:general -- posted at: 10:00am EDT
Fri, 25 September 2020
1559 FBF: Analyzing Trends in the U.S. Real Estate Market with Jed Kolko Chief Economist & VP of Analytics at Trulia
Flashback Friday, Original Release Date: May 7, 2013
Jason Hartman talks with Jed Kolko, chief economist of Trulia, about current trends in buying, selling, and new construction in real estate markets around the country. “We’re seeing the biggest increase in construction on the multi-family side,” Jed shares. He says this is definitely a recovery time in the housing markets, although there are some markets that are investor driven that may not last. One red flag still hovering is the upcoming large foreclosure wave in certain markets around the U.S. Jed also shares where consumers are looking hardest, such as the western part of the country and suburbs. There are some urban neighborhoods experiencing growth, but there is still more population growth and interest in suburban neighborhoods. Jed and Jason also discuss seasonal patterns of buying and selling.
Jed Kolko, Chief Economist and VP of Analytics, oversees Trulia's research programs. Applying a background in economic development and research methods, he transforms real estate data, economic trends, and public policy debate into digestible insights for home buyers, sellers and renters. In Jed's prior role as Associate Director and Research Fellow at the Public Policy Institute of California, he led research projects and advised policymakers and business leaders on economic, housing and technology policies.
Before his work at PPIC, Jed directed Forrester Research's consumer-technology market research, advising corporate executives on technology adoption and demand. Jed has also held positions at the Office of Federal Housing Enterprise Oversight (now FHFA), the World Bank and the Progressive Policy Institute.
Thu, 24 September 2020
Jason Hartman speaks with investment counselor Adam, who brings a few charts to our attention showcasing home prices across the U.S. These charts show median price, and where investable homes are located, the majority being a part of the Southeast U.S. housing boom. This, paired with interest rates, can help identify what is investable and where to put your money. Some fear the foreclosure crisis, but Jason and Adam express the “every deal looks great in the rearview mirror” sentiment. You can invest in your future, or wait to see all the good deals go by.
[2:00] Just because the overall economy shows no signs of inflation does not mean that certain areas are experiencing inflation.
[4:25] To grow anything in life requires delayed gratification.
[5:10] Are there good properties on the market right now? Always
[9:00] Based on home pricing, 90% of the market isn’t investable.
[11:30] If you’re looking for a big foreclosure crisis this time around, you’re not going to find it.
[15:00] People are too focused on the property; it’s a holistic asset.
[20:00] In the rearview mirror, every deal looks fantastic. What are you waiting for?
Wed, 23 September 2020
IDEAL = Income, Depreciation, Equity Growth, Appreciation, and Leverage. Jason Hartman discusses the multi-dimensional asset class that allows you to make money beyond the basic “buy low, sell high” investment plan that others teach.
Jason and investment counselor, Adam, talk about the Southeast Housing Boom, a trend that will likely continue. As well, Texas and Florida seem to be growing at a rate that is outperforming everywhere else in the country. How is this housing boom defying what most think they understand about real estate markets?
[2:10] Why is income property, real estate, the ideal investment?
[3:40] “Buy low, sell high” is just one aspect of income property ROI.
[4:35] IDEAL, Income - Depreciation - Equity Growth - Appreciation - Leverage
[7:30] Adam explains the Southeast Housing boom in comparison to the rest of the US
[8:20] The water theory of money, water seeks its own level.
[11:00] The conspiratorial view of why divorce promotes consumerism.
[15:45] 79% of future housing growth is likely to be in suburbia.
[20:00] As payments go down, affordability goes up - leading ultimately to a supply shortage.
[24:00] Affordability is at a range where most new house payments sit around 19.8% of income.
Tue, 22 September 2020
Why can the Case-Shiller Index not always be trusted, especially if you are an investor? Jason Hartman reiterates the importance of understanding the diversity and truth to the term “local market.”
“Every problem boils down to the money,” says Mark Moss. Mark Moss talks with Jason Hartman about his feelings on bitcoin and why it might be the most favorable currency, even over the dollar. This talk includes a quick history lesson sharing one aspect of currency evolution. As well, what will happen when the stimulus ends?
[1:20] The most widely quoted real estate index, the Case-Shiller index, doesn’t tell you enough information.
[4:20] Of the Case-Shiller composite 20 index, about 75% is a cyclical market.
[9:50] Massive money flowing into the economy, 1.1 trillion dollars is what lenders did in home loans between April and June, according to Black Knight.
[13:20] 3.5 million home loans were in forbearance as of September 6, according to the MBA.
[16:30] Mark speaks about market misconceptions.
[17:30] The markets; stock, real estate, gold, etc., have become disconnected.
[19:00] What happens when the stimulus ends?
[21:30] How will this change cryptocurrency, like bitcoin?
[24:15] What makes bitcoin superior to gold or the dollar?
[25:45] A history lesson on African cowrie/aggry beads.
[27:40] “If the people understood the banking system, there would be a revolution overnight.” Henry Ford
Direct download: CW_1556__Case-Shiller_Index_Is_One_Piece_of_The_Pie_From_Cowrie_Beads_to_Bitcoin_with_Mark_Moss.mp3
Category:general -- posted at: 5:00pm EDT
Mon, 21 September 2020
Many are predicting a crash, but it's already happening in certain areas. Jason Hartman breaks down shadow demand as it coincides with the massive amount of young adults living with their parents.
Investor, entrepreneur, and Crypto Expert, Mark Moss, returns to the show today discussing what's happening in Mexico compared to California? Moss, a California resident, shares some aspects of California that are proving problematic moving forward. Will these bills in motion and aggressive attempts to combat climate change cause a California market crash?
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[2:45] Let'sLet's discuss shadow demand as opposed to the shadow inventory.
[5:00] How many young adults live with their parents, right now?
[7:15] A few more end of the world predictions, anyone?
[9:30] Will there be a market crash? Well, which market?
[10:30] In the past 12-14 years, virtually no one has been building entry-level workforce housing.
[14:00] Airport metrics are a proxy for "the bigger thing happening."
[15:00] CMBS market: CAUTION
[17:10] Jason checks in on a significant Redfin chart analyzing MLS data.
[23:00] How much did you lose, waiting to time the market?
[25:00] Why is that the power stays on in Mexico, but not in California?
[28:00] California is leading the charge on fighting back against climate change.
[31:30] And what do experts say about the cause of the fire?
[35:00] With California's chaos and the four bills in working order that could affect real estate, what will happen with the California real estate market?
[38:30] Will there be a real estate crash in 2021?
[40:10] Mark speaks about one market misconception.
Fri, 18 September 2020
1554 FBF: Hedge Fund and Wall Street Scams with James Altucher of 'Altucher Confidential' & Financial Times Contributor
Flashback Friday, Original Release Date: July 26, 2013
James Altucher is the Managing Director of Formula Capital and Founder of Stockpickr. He writes the popular blog, "Altucher Confidential." He is also the author of the new book "Choose Yourself: Be Happy, Make Millions, Live the Dream." James first went through big publishers but now explains how viable self-publishing is and how he promotes his books.
James frequently holds Twitter chats with his followers and has even written books based on these conversations. Now he is paying people to read his new book. This strategy is already revolutionizing content marketing. James is the first person to pre-sell a book on Bitcoin. He describes his outlook on this currency and how will it affect gold's value.
Visit Altucher Confidential at www.jamesaltucher.com.
Thu, 17 September 2020
Are you expecting a market crash? Jason Hartman discusses where a market crash might occur, and it isn't in the housing market. If you're looking for loan defaults, commercial real estate is likely experiencing the most volatility.
Russ Munson shares his story fighting the Apple with a Pear; how his logo has faced trademark challenges thanks to the tech giant, Apple. Russ Munson's investing evolved and helped him fund his business. Now his food blog success has helped shape Prepear, a healthy recipe app, but his challenges with trademark trolling have made a lot of news.
[2:45] Are you thinking that there has got to be a market crash?
[5:30] If we see a market crash, it will result from much higher interest rates.
[9:20] If you're looking for mortgage loan defaults, it's not going to happen.
[17:00] Russ Munson shares how his investing evolved and how it helped fund his current business.
[19:30] The first run-in with big tech hindering online traffic was Facebook and an adjusted algorithm.
[23:10] Starting with the backstory on the food blog, Super Healthy Kits
[28:00] What is Apple's problem with your company?
[34:00] Apple made blanket disapproval of the logo because it was confusingly similar.
[39:00] Munson has put into practice a field test for 'confusion' and says, "no one has gone into an Apple store and asked for help making dinner."
[43:45] One of the main struggles is legal fees; small businesses having limited funds compared to enterprises the size of Apple.
Direct download: CW_1553_Client_Case_Study_Russ_Munson__Apple_Patent_Trademark_Trolling.mp3
Category:general -- posted at: 5:00pm EDT
Wed, 16 September 2020
What is happening with the fifth largest economy on planet earth? Jason Hartman talks about company incentives to leave San Francisco and past laws to protect the group, not the individual. How much will California's housing market change?
Jason continues his interview with Leslie Appleton-Young as she shares data to support buyer/seller trends as emotions shift from the COVID-19 impact. The question continues to go unanswered, how will malls, retail space, and hotels change post coronavirus?
[1:15] The fifth-largest economy on planet earth, what's happening to their housing market?
[3:30] "As long as you're green, you're growing, as soon as your ripe you start to rot." -Ray Kroc
[5:50] Stripe Inc offers a one-time payment of $20k to their employees to move out of San Francisco, New York, and Seattle - with a 10% cut to their base salary.
[8:50] "There's no such thing as group rights; there are only individual rights." -Ayn Rand
[13:40] What is the general tone of California, are people staying or going?
[18:15] We've seen a considerable adaptation of technology in the real estate industry.
[23:30] Buyers feel a sense of urgency without expecting deals, while sellers are reluctant to lower their prices.
[29:00] Jason and Leslie discuss the lack of supply and the building restrictions as one of the leading causes for a reduced amount of new homes being built.
[31:30] How could malls, retail space, and hotels change into residential units for affordable housing, senior centers, or homeless shelters?
[34:00] What shape will the recovery take on? V, square root, swoosh, or W?
[36:30] The work-from-home order will likely be huge for housing.
Tue, 15 September 2020
1551: Moving Trends, Leslie Appleton-Young, Chief Economist of the California Association of Realtors CAR
Jason Hartman speaks about the trends that come from coasts, specifically California. Zillow shows 2 million renters will become homeowners, and U-Haul has metrics that lead us to believe that more people are leaving NYC. What does this mean for investors in stable, linear markets?
Jason Hartman speaks with Leslie Appleton-Young, vice-president and chief economist for the California Association of Realtors. Leslie brings several charts and graphs to the conversation to share some staggering movement in California's real estate. In January, 2020 was shaping up to be a knock out year, but due to the Coronavirus pandemic, we are now looking at best for "a quick recovery." Leslie and Jason draw correlations between the 2008 recession and recovery to the recent, seemingly, self-imposed recession.
[2:40] Why do you keep talking about California?
[7:10] The water theory of investing explained.
[10:00] According to Zillow, 2 million people are leaving their rented homes in expensive markets and purchasing homes in more affordable areas thanks to the "work from home" movement since COVID-19.
[12:45] Discussing money vs. currency
[14:30] Experimenting with U-Haul pricing.
[17:00] What's the COVID-19 impact on global airport revenue?
[26:30] Jason and Leslie discuss predictions based on the Q2 hit in 2020, ranging from a 25% - 42% decline.
[28:00] The buy-side of real estate is doing well, likely because of record-low interest rates, more space needed for home offices, and more space desired in quarantine times.
[34:30] In January, the 2020 expectation was a great year based on some standard metrics.
[35:20] We have not had a breakout market since the 2008 recession due to income and affordability restraints.
[38:00] The virus and the government's response are two major contributing factors to set the tone for sellers and the real estate market's recovery.
Mon, 14 September 2020
Jason Hartman shares figures from Zillow about the 2 million people that are now shopping for a home. This is another of many indicators about the mass migration of the 2020s. Businesses have the option of hiring from outside their headquartered region allowing for employment from all parts of the world, not just those living in the high-density, cyclical markets.
Jason Hartman is joined by Dr. Steve Turley, NY Times bestselling author of many books including, The New Nationalism, How the Populous Right is Defeating Globalism and Awakening a New Political Order. Dr. Turley discusses the breaking up of the world, and reverting to a cultural appetite that differs from the one size fits all ideology of modernity. Dr. Turley states that we are living in a time of post-modernity, where we’ve accepted the differences of cultures.
[3:25] “Where would I find a list of Jason Hartman’s linear markets?” - Listener Question
[7:30] Wait till the census comes in, and we can see how pronounced the move away from urban areas really was this year.
[10:00] Zillow says that 2 million people that were renting in big cities will be buying homes.
[12:45] The great American move is underway.
[16:00] How far is too far with censoring in Big Tech?
[17:00] Dr. Steve Turley
[19:30] Modern intellectual theory has hindered the teachings of conversation.
[22:10] What is cultural marxism?
[25:55] “Scientific rationalism was really the one size fits all way of understanding reality.” -Turley
[31:00] Modernity has collapsed into post-modernism.
[32:50] The world is breaking up, and it’s not because liberal democracy won, it’s because modernity lost.
[37:00] If the world is going post-modern, you really only have two choices.
[40:30] What’s the fundamental difference between economic marxism and cultural marxism?
Direct download: CW_1550_Intellectual_Dark_Web__The_New_Nationalism_Dr._Steve_Turley.mp3
Category:general -- posted at: 5:00pm EDT
Fri, 11 September 2020
1549 FBF: Visualizing Finance with Carl Richards Author of ‘The Behavior Gap: Simple Ways to Stop Doing Dumb Things With Money’
Flashback Friday, Original Release Date: March 4, 2013
It is possible to illustrate complex financial concepts and Jason Hartman interviews author/artist, Carl Richards, who developed a way to do this and led to his book, The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money. Carl creates simple sketches that help people understand financial concepts, which he refers to as Visualizing Finance. People are primarily visual learners and Carl found that as he made the concepts visual, it was easier to communicate them to others effectively.
He shares some of these visualizations, such as the market cycles, explaining the terms he uses and the psychology behind the buy/sell behaviors in the stock market. Using a Venn diagram, he is able to help people realize what they have control over and what they don’t, whether it’s investments or business, and enabling them to make better decisions and simplify their financial life.
Carl became an accidental artist with his simple sketches that make complex financial concepts easy to understand for thousands of people every week on The New York Times Bucks blog. Richards’ art had its first showing at the Kimball Art Center, in Park City, Utah. His commissioned work is on display in businesses and educational institutions across the country.
His sketches also serve as the foundation for his first book, The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money (Portfolio/Penguin). Carl has appeared regularly on American Public Media's Marketplace Money, writes a column for Morningstar Advisor, and keynotes financial planning conferences and visual learning events. You can find more of his writing and sketches at BehaviorGap.com. A CERTIFIED FINANCIAL PLANNER™, Carl is also the director of investor education at BAM Advisor Services and lives in Park City, Utah, with his family.
As a financial planner, Carl Richards grew frustrated watching people he cared about make the same mistakes over and over with their money. They were letting emotion get in the way of making smart financial decisions. He named this phenomenon—the distance between what we should do and what we actually do— “the behavior gap.” A quote from his book states, “It’s not that we’re dumb. We’re wired to avoid pain and pursue pleasure and security. It feels right to sell when everyone around us is scared and buy when everyone feels great. It may feel right—but it’s not rational.”
Thu, 10 September 2020
Jason Hartman shares the news about 2 million renters moving to homeowner status, thanks to telecommuting and coronavirus. California is banning Halloween, and Facebook is deleting content and messages in this challenging year, which is 2020.
Matt Faircloth, of DeRosa Group, and author of Raising Private Capital, joins Jason Hartman today to share some of his stories as a landlord. Find out how Matt went from duplex to 20 units in a garden-style apartment. As well, Matt shares his success with collecting rent while the media was posting about rent strikes.
[1:30] According to the WSJ, JP Morgan is investigating clients and employees over coronavirus stimulus plans.
[5:00] Let's take a look at the changes in the minimum wage since 1964.
[7:35] Is Facebook deleting private messages?
[10:25] 2 million renters could become homeowners thanks to telecommuting.
[12:00] Remote work is destroying America's white-collar, office economy
[18:45] Are rent strikes as bad as the media has made them out to be?
[20:50] In many cases, the rent that a tenant pays is not going completely and directly into the landlord's pocket.
[23:00] The way in which money is changing makes you have to understand what comes after a trillion.
[24:45] How did you take a duplex and turn it into 20 units?
[28:00] Because of COVID-19, the innovation and integration of technology with real estate have amplified.
[32:00] Will we see a state secede from the union in our lifetime?
Direct download: CW_1548_COVID-19_Landlord_Chronicles_with_Matt_Faircloth.mp3
Category:general -- posted at: 5:00pm EDT
Wed, 9 September 2020
Jason Hartman and investment counselor, Adam, talk about the comparison of where you want to live before, during, and post-pandemic. Adam shares a few charts from various sources like Redfin that paint the picture of the shift back to suburbs. Jason takes us through a history lesson of manias proving time and again that one should become your own best advisor. Pandemic times are different, and strategies have changed a bit, but investment property still shines on.
Coffee Tok (Talk) Sunday Mornings 11 am/8 am EDT/PDT
[2:00] Visit: PandemicInvesting.com
[4:45] Adam shares some figures from Redfin on home search changes due to the coronavirus pandemic.
[7:00] The suburbs rule. That perfect place fits on top of the normal distribution curve.
[12:35] The bread and butter $100k homes are getting harder to find.
[13:45] The year over year home supply down dramatically.
[18:45] Jason breaks down a chart showing quarterly mortgage originations by type (purchase money loans, refinance loans).
[20:40] The refinance business is through the roof.
[23:35] The lesson from a history of manias: become your own best advisor.
[26:25] The economy's service sector, 2000-2017, is more than 77% of the entire GDP.
[31:35] Looking at the GMP, Gross Metropolitan Product, of certain areas to watch the transfer of wealth out of places like NYC.
Tue, 8 September 2020
Taxes, taxes, taxes! Jason Hartman talks about potential tax changes, Trump vs. Biden. If you propose tax changes for income, small business, or big business, how can you justify those astronomical changes?
George Gammon returns for part two, a discussion on macroeconomic trends. George and Jason discuss some ideas that the Fed may not want the common man to understand. As well, is deflation good or bad? Where are interest rates headed, and how can you come up with a prediction for that?
[3:25] How do the two political sides approach taxes?
[8:00] Being forced into liquidation is one of the biggest wealth killers.
[10:00] Webinar access: JasonHartman.com/Fund
[15:15] What is it that the Fed, or the powers that be, don't want us to know?
[16:29] Is deflation good or bad?
[19:00] Who 'owns' the Fed?
[24:30] In a truly free market, one is always trying to create a product that has more value than the money in your pocket.
[25:30] Where do you think these interest rates are going?
[28:00] George discusses using the Fisher equation to determine interest rates in the future.
[33:00] Is inflation necessary?
[39:30] Be prepared or you're going to be a victim
[43:55] What is Rebel Capitalist Pro?
Mon, 7 September 2020
Evan Moffic joins Jason Hartman for a discussion on what might change for investors if Biden is elected. Jason poses the question, how will businesses react to the corporate tax plan changes? Also, Biden wants to eliminate the 1031 Tax Exchange.
George Gammon joins Jason Hartman remotely from Saint Barthélemy. What's happening with Japan's debt to GDP ratio, and how can the US compare to this? George talks about the change in the savings rate due to Coronavirus and how it is manipulated.
[1:40] The presidential election is in full swing.
[3:00] Jason talks about Biden's proposal to raise the top income tax rate from 37% to 39.6%. Biden also wants to raise corporate taxes. This will drive businesses away to offshore locations.
[7:00] Joe Biden wants to eliminate the 1031 tax exchange.
[7:40] The Palmer House Hotel, closing. Is there a conversion insight?
[10:45] A majority of young adults live with their parents, which hasn't happened since the depression.
[22:45] Jason opens a discussion on Japanonomics.
[23:55] The US deficit just this year will be the same as the total amount of debt accumulated from 1776 to 2000.
[27:00] George talks about trade surplus.
[32:00] How did Coronavirus change the US savings rate?
[35:00] How has the savings rate been manipulated based on IRS' estimates.'?
Fri, 4 September 2020
1544 FBF: National Debt & Grassroots Political Campaigns with Dean Clancy VP of Public Policy for FreedomWorks
Jason Hartman interviews Dean Clancy, the Vice President of Public Policy of a grassroots movement called FreedomWorks, to discuss many hot topics and issues that our country is facing. Dean talks about the fiscal cliff and the ramifications of the policies pushed through on New Year’s Eve, and the money being thrown at special interests in typical bloated government fashion.
Dean stresses the importance of voter participation and discusses some radical options to turn around the debt crisis and decentralize the system. He states there is more incentive in government to do the wrong thing than what is actually best for our country and its citizens. FreedomWorks’ aggressive, real-time campaigns activate a growing and permanent volunteer grassroots army to show up and demand policy change. They believe individual liberty and the freedom to compete increases consumer choices and provides individuals with the greatest control over what they own and earn. They lead the fight for lower taxes, less government, and more freedom.
Dean Clancy is FreedomWorks’ Legislative Counsel and Vice President, Health Care Policy. He leads our efforts to reverse the government takeover of health care and adopt a patient-centered approach. Clancy has served as the top White House budget official on health care, Medicare, Social Security, and other major government spending programs; as executive director of the President’s Council on Bioethics; and as a senior policy advisor to the congressional leadership.
Clancy boasts an impressive resume a deep expertise on a broad range of domestic and fiscal policy subjects. Jokingly referring to himself as a "recovering Washington insider," Clancy works closely with Members of Congress, grassroots activists, and the public to defend and strengthen the world's best health care system and reduce government interference in the doctor-patient relationship.
Thu, 3 September 2020
Jason Hartman plays out an illustrative comparison of debt to GDP ratio of the U.S. and the average American home. Is our debt to GDP ratio really that bad? As well, Jason revisits the ever-important topic of inflation and describes the three types of inflation you should know about. NYC is still watching people flee the city at record numbers. Movers are so busy that they have to turn people away. Why is PIMCO concerned, and what does this mean?
[2:30] We’ve got to remember that all real estate is local.
[6:25] The two things that drive value are scarcity and utility.
[7:15] Three types of inflation
[10:15] The U.S. debt has reached its highest level compared to its GDP. Is this that big of a deal?
[18:00] People are still fleeing high-density areas. So many people are moving that movers are turning people away.
[21:40] PIMCO is concerned about Fannie Mae and Freddie Mac coming out of their conservatorship.
[29:20] Meet The Masters 2020 JasonHartman.com/Recordings
[30:00] Robinhood, stock trading app, in trouble again?
Wed, 2 September 2020
Can the CDC put an eviction moratorium into effect? Jason Hartman discusses this and how to make your debt work for you. Don't be an idiot; well-managed debt is good debt.
Jason and Adam discuss the global currency, the Baby-Boomer, to Millennial wealth transfer. How will the Millennials treat this wealth transfer, one of the most massive wealth transfers to date? Lastly, people are fleeing NYC or upgrading their NYC apartments. How is this changing NYC rentals?
[3:30] Meet The Masters 2020 DISCOUNT JasonHartman.com/Recordings
[4:50] A federal agency, unrelated to real estate, is trying to ban evictions.
[11:30] Am I an idiot for doing the "right thing" with how I handle debt/credit?
[14:00] Listener comments and questions.
[20:30] Income property investing vs. Wall St.
[21:30] Where do you see the US going, from a perspective in tech and aerospace?
[25:00] If not the US, who will take the place of the world's reserve currency?
[28:45] The Boomer to Millennial wealth transfer.
[30:00] People are fleeing NYC or upgrading their size for the same price.
[32:10] Beyond property tracker, what other apps, tools, or resources do you use?
Tue, 1 September 2020
The best insurance is a high loan balance. Jason Hartman invites client, Adam Jackson, onto today’s show to discuss how he turned 5 years of investing into 14 properties with infinite returns. Adam shares his story from listening to an audiobook, to our podcast, to becoming an investor. This is all coming from a USMC vet and someone in the aerospace industry.
[2:15] Lessons from Shakespeare.
[5:30] The best insurance is a high loan balance.
[10:00] What happens when the bailouts end and the moratorium ends?
Client Case Study: Adam Jackson
[18:15] Adam shares what are his “infinite returns” on half of his portfolio.
[21:00] Adam’s story from reading Seven Years to Seven Figures, listening to Creating Wealth Real Estate Investing, and closing on his 14th property. All in 5 years!
[26:00] Gain control of the real estate and then let it work for you.
[29:00] What were the good/bad experiences in the first five years of investing?
[34:00] Your worst deal was a double-digit ROI?
[37:30] Some people in the income property game think they’re losing when they’re winning because they don’t know how to do the math.
[40:30] Income property investing vs. Wall St.