Real Estate Reality
Mar 06, 2023•43 min•Transcript available on Metacast Episode description
Many consider the key to wealth to be highly leveraged real estate. Using borrowed money to buy properties magnifies your return. What could go wrong? Well, leverage cuts two ways. WHEN prices fall, your losses also multiply. Plus, portfolios focused on one asset class have proven dangerous. Tom almost fell out of his chair over 5% CD rates. Don Trump's that with even higher rates. Then, we compare rates at major banks.
A listener asks, should I be invested in stocks after retirement?
As asides, we consider the shaky future of AM radio and compare Comcast to those old party lines.
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