Fri, 13 February 2015
Unlike stocks, bonds, mutual funds or commodities such as precious metals like gold and silver – real estate is a multi-dimensional asset class. The multi-dimensional nature of income property makes it extremely profitable in changing ways based on varying market conditions. This is a wonderful thing because investors can profit even seemingly “bad” markets. For example, when financing becomes expensive (low housing affordability rates) or difficult to qualify for (low capital liquidity) it can create excellent opportunities to increase rents. When mortgage rates are low and qualifying is easy it can spur terrific appreciation. You can win either way so long as you adapt your strategy based on economic realities.
Additionally, a discussion about Macro vs. Micro Markets™ so don’t just run out and buy based on a city – be sure to screen and drill down into the various Micro Markets™ within each city. Since you can’t buy all of them… you may as well buy the best ones!
Last but not least Jason recommends the book “Revolutionary Wealth” by Alvin and Heidi Toffler.
Wed, 11 February 2015
CW 475 – Sara Silverstein – How To Lie With Statistics and Ridiculous Correlations, Business Insider
In today's Creating Wealth show, Jason first talks about statistics and how so many people use it to manipulate others. He also talks about how there are still a few Meet the Masters home study courses left, so do not forget to order them now while supplies last!
Sara Silverstein joins Jason today on the Creating Wealth show to talk about funny tongue and cheek correlations. She shares a few examples that she has found over the past few months as well as talks about the birthday paradox, the Wizard of Oz, and her next article for Business Insider about vaccines.
1:45 – Jason talks about how you can mislead people with statistics.
8:45 – People self-select for jobs. Jason explains what he means by this.
14:10 – Jason introduces Sara.
17:30 – So many people don't understand that a correlation does not always mean causation.
22:45 - Sara is combing all of these weird correlations together to show people a very tongue and cheek view of how correlations work.
26:35 – You can take pretty much any two things and figure out a way to make them related.
29:15 – Both Jason and Sara talk about the conflict of interest dilemma.
33:00 – Is Wizard of Oz a story about the gold standard?
34:30 – Sara talks about the birthday paradox.
37:45 – Sara talks about her next upcoming article for Business Insider about vaccinations.
Mentioned In This Episode:
How to Lie with Statistics by Darrell Huff
Freakonomics by Stephen Dubner and Steven Levitt.
Mon, 9 February 2015
CW 474 – Jason Hartman – How Investors Profit When Homeownership Drops & Washington Post Op-Ed Analysis
Today on the Creating Wealth show, Jason talks about some of the latest things he is up to as well as talks about an interesting opinion article published by the Washington Post. He does not have a guest for today's show, so he does a deep dive into the real estate market and talks about why central planning never works for the home ownership market. He also gives his comments in between reading out loud the article published by Washington Post in this quick 30 minute Creating Wealth episode.
1:30 – Jason loves Arizona weather.
6:00 – Jason talks about the Venture Alliance and welcomes two of the first members.
8:10 – Jason talks about what a general and limited partner means.
14:30 – High ownership rates are not good for society.
17:30 – Central planning does not work.
23:45 – Rental market is incredibly hot right now.
24:00 - Jason shares tips on how you can rent your property if you are having trouble.
26:50 – This kind of income property investing only works in the United States.
28:50 – Lots of new properties on JasonHartman.com right now. Check it out!
30:25 – The physical product of the Meet the Masters home study course is still on sale for half the price of the digital version.
Mentioned In This Episode:
Fri, 6 February 2015
CW 473 FBF: What the “Free Lunch” Metric Tells Us About Income Property with Platinum Investment Counselor Sara
Platinum Investment Counselor, Sara, brought a client into Jason's office today and one of those occasional, casual and impromptu shows was born. If you want to hear it from the client's mouth to your ears, this show is for you. Learn from a short discussion on global trade, container shipping, Packaged Commodities Investing™.
Wed, 4 February 2015
CW 472 – Harvey Silvergate – How the Feds Target the Innocent with Author of ‘ Three Felonies A Day’
In today's Creating Wealth intro, Jason invites his real estate counselor, Sarah, on the show. Sarah is excited about the Chicago real estate market. She is seeing some movement there as well as client interest. She also gives a friendly reminder to the Creating Wealth audience to make sure you do your due diligence with your income property to avoid any hassles and headaches.
Jason gets right into the show today with his guest, Harvey Silverglate. Harvey Silverglate is an attorney, writer, and advocate for civil liberties. Harvey talks about US laws that are not clearly defined on purpose, he shares his personal story about the FBI investigating him several times, and he also talks about his book, Three Felonies a Day, on today's Creating Wealth show.
1:50 – Jason talks to Sarah about how she did last month.
2:30 – Sarah is willing to send you individual property listings that haven't hit the website yet. Just contact her!
3:40 – People talk about how Chicago is so dangerous, but Chicago is not as crime ridden as many people might think.
5:11 – Sarah encourages first-time investors to visit properties and get a feel for it.
8:08 – Don't forget to do your homework and your due diligence!
9:20 – Jason introduces his guest, Harvey Silverglate.
14:20 – The federal law is very general and unclear by what 'fraud' really means.
17:55 – The feds are able to look at the daily activity of any citizen and they will be able to find something misleading.
21:50 – On three occasions Harvey has been investigated by the FBI.
25:30 – Civil fraud and federal fraud are two different things.
31:00 – How do we protect ourselves? Harvey explains.
34:20 – Harvey talks about the Gibson Guitar case and how ridiculous it was.
38:15 – Final thoughts? Harvey says be careful.
Mentioned In This Episode:
Three Felonies a Day by Harvey A. Silverglate
Mon, 2 February 2015
CW 471 – Jim Norman – Economic Warfare & The Oil Card with Journalist and Editor for Forbes & Business Week
In today’s introduction to Creating Wealth, Jason records his intro section just ahead of the NFL Super Bowl XLIX in Arizona. Jason postulates on a variety of property markets around the U.S. as he prepares to make another purchase himself, speaks on over-diversification, and brings some great insight into deflation.
Jason’s guest today is Jim Norman, author of The Oil Card. This is Jim’s second appearance on the Creating Wealth show. Jim is a veteran business journalist and energy reporter.
Fri, 30 January 2015
CW 470 FBF – The Psychology of Winning & The Seeds of Greatness with Dr. Denis Waitley NY Times Bestselling Author
Jason interviews his early mentor Dr. Denis Waitley on “The Psychology of Winning.” At age 17, Jason discovered Waitley and it was a life altering event leading to his early and sustained success. Waitley is one of America’s most respected authors, keynote lecturers and productivity consultants on high performance human achievement. He has inspired, informed, challenged, and entertained audiences for over 25 years from the board rooms of multi-national corporations to the locker rooms of world-class athletes and in the meeting rooms of thousands of conventioneers throughout the world. Recently, he was voted business speaker of the year by the Sales and Marketing Executives’ Association and by Toastmasters’ International and inducted into the International Speakers’ Hall of Fame.
With over 10 million audio programs sold in 14 languages, Denis Waitley is one of the most listened-to voices on personal and career success. He is the author of 15 non-fiction books, including several international best sellers, “Seeds of Greatness,” “Being the Best,” “The Winner’s Edge,” “The Joy of Working,” and “Empires of the Mind.” His audio album, “The Psychology of Winning,” is the all-time best selling program on self-mastery.
Denis Waitley has studied and counseled winners in every field from Apollo astronauts to Superbowl champions, from sales achievers to government leaders and youth groups. During the 1980’s, he served as Chairman of Psychology on the U. S. Olympic Committee’s Sports Medicine Council, responsible for performance enhancement of all U. S. Olympic athletes.
Dr. Waitley is a founding director of the National Council on Self-Esteem and the President’s Council on Vocational Education, and recently received the “Youth Flame Award” from the National Council on Youth Leadership for his outstanding contribution to high school youth leadership. As president of the International Society for Advanced Education, inspired by Dr. Jonas Salk, he counseled returning POWs from Viet Nam and conducted simulation and stress management seminars for Apollo astronauts. A graduate of the U. S. Naval Academy at Annapolis, and former Navy pilot, he holds a doctorate degree in human behavior. Upcoming shows will feature: Asset Protection Attorney Mark Kholer, Marketing Guru Ted Nicholas, Federal Reserve Commentator Andre Eggeletion, Video Marketer Mike Koenigs, Internet Money Machine Yanik Silver, Organizational Expert David Allen and many other thought leaders
Wed, 28 January 2015
CW 469 – Bill Tatro – The U.S. Dollar’s Future with Townhall.com Columnist & Former Radio Host of ‘It’s All About the Money’
Jason Hartman introduces today’s Creating Wealth Show with a well-aimed stab at a recently published article alleging that it is now cheaper to buy a residential property than rent, and then opens up the discussion to a wider view on why we simply can’t trust statistics any more.
Later, he invites It’s All About Money presenter, Bill Tatro, to give his opinion on the important issues which affect Americans and their money today, such as oil prices, whether more of our money is going overseas or staying on home soil and why we can expect both inflationary and deflationary patterns in the next 10-15 years.
03.35 – Jason Hartman gives a brief explanation of the various types of property management available.
07.44 – Income property is the most leverage-favored asset. Take advantage of this!
12.43 – Keep your wits about you, even when reading news media. Not everything is quite as it seems.
17.50 – Want to be featured on Jason’s show? No problem! Head to www.JasonHartman.com/Jason
19.58 – Jason Hartman introduces today’s guest, Bill Tatro.
25.34 – Bill Tatro explains the reasoning behind Keynesianism in a more modern, comprehensible way.
28.31 – Yes, trillions of dollars have been printed, but how many of those have we actually seen?
31.22 – How can we hope to combat deflation?
36.02 – We can learn a lot from the actions of Greece, but will we learn?
40.42 – Past, current and predicted oil prices can tell us a lot about the state of our economy in terms of inflation or deflation.
43.12 – For more information, head to www.BillTatro.com
47.10 – What does the future look like through the eyes of an economist?
Mentioned in this episode
44th: A Presidential Conspiracy by Bill Tatro
Mon, 26 January 2015
CW 468 – Paul Craig Roberts – America vs Russia & China with Co-Founder of Reaganomics & Creators Syndicate Columnist
Jason Hartman introduces today’s Creating Wealth Show with a look at why there is no ‘short-cut’ into income property investment and explains how what you learn along the journey can be even more valuable in the long-term. He also uses personal experience to discuss just how certain companies have managed to beat inflation.
His guest for today is the co-founder of Reaganomics, Paul Craig Roberts. Together, they discuss some of the international threats that could face America, thanks to the recent actions from Washington. Specifically, they deal with issues of demography, currency and military developments in Russia and China and consider the potential impact of each of these on the United States.
01.30 – Jason Hartman gives some background to today’s guest, Paul Craig Roberts.
04.09 – As a worldwide population, we face so many issues – can we ever surpass all of them?
10.34 – You can’t expect to find an ‘easy way’ into real estate investing. It’s tough but the journey AND the result combined is worth it.
24.55 – Jason Hartman introduces his guest for today.
26.22 – The ruble should be strong in comparison to the dollar, and yet the ruble is risking collapse.
30.16 – The reserve currency status no longer seems as stable when we look at potential drops in use of the dollar.
37.31 – Paul Craig Roberts describes the US’s current position with regards to Russia and China.
47.30 – We’ve got a whole generation of people who now can’t afford to live on their own terms.
50.23 – The discussion moves to inflation and how it could transform the US economy.
59.30 – With so many problems, is there a solution?
1.04.12 – For more information, head to www.PaulCraigRoberts.org
Fri, 23 January 2015
CW 467 FBF – The Housing Boom and Bust in America with Economist Thomas Sowell of The Hoover Institution at Stanford University
"For far too long, too many people have regarded home ownership as 'a good thing.' It is certainly true that home ownership has its benefits. But, like everything else, it also has its costs and its risks." This statement by Creating Wealth Show guest, American economist Thomas Sowell has been regretfully muttered by many homeowners