Fri, 5 January 2018
Jason Hartman talks with Rob Bell, one of TIME's 100 Most Influential People in 2011 and author of Love Wins, about the bible's views on entrepreneurship, what we should be doing with the wealth we accumulate, and what we can learn from King Solomon's story.
The two also discuss how good things can become victims of their own success and lead to people simply doing the same things as before to sustain the system rather than trying to improve life like it was initially.
[2:21] You can truly love something that completely exhausts you
[3:12] What the bible tells us about entrepreneurship
[8:59] Business relationships between seller and customer should be win-win
[11:22] The question Hebrew scholars ask about Solomon's story
[14:54] Institutions naturally bend toward self-preservation
[19:15] The gap between the haves and the have-nots is creating new levels of frustration and anger
The bible is a very sharp critique of wealth and power when it is not used to help those who need it most
For those of us in the developed world...everything we do to help empower those that need it...does make the world more safe
Wed, 3 January 2018
Jason Hartman is proud to announce the latest addition to the 2018 Meet the Masters of Income Property event, Ken McElroy.
Ken is a Rich Dad Advisor and entrepreneur who is an expert in investment analysis, property management, and property development. He's responsible for over $700 million investment dollars in real estate.
Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant.
Mon, 1 January 2018
2018's Meet the Masters event was already packed with great speakers like Jason Hartman, Garrett Sutton, Brian Smith, Danielle DiMartino-Booth, John Burns, and more. Today, Jason Hartman is proud to announce that former Congressman (and America's foremost advocate for libery) Ron Paul will be joining the fold to headline the event.
Ron Paul was most recently a Republican candidate for President in 2008 and 2012, and served in the US House of Representatives for Texas for more than 25 years in all. He is a critic of policies like the USA Patriot Act and has criticized the federal governments fiscal policies a multitude of times. He's also outspoken against Federal Reserve, and the US tax code.
Fri, 29 December 2017
Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.
[3:23] The 30,000 foot overview of the GOP Tax Reform
[5:18] Will this tax reform create a repatriation of wealth back to the US?
[9:09] The move that mobilized the GOP forces toward tax reform
[11:06] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals
[13:16] The standard deducation has been increased, which should increase the number of simple 1040s being filed
[16:17] The single largest revenue raiser in the entire bill
[18:29] The change in mortgage interest deductions could cause a dampening in the high end real estate market
[20:59] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul
[22:50] Pass-through businesses are getting a 20% deduction
[29:49] The accelerated bonus depreciation is enormous for real estate investors
[33:21] Changes to the 1031 Exchange rule
[37:24] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques
[39:13] 529 plans (education plans for children) can now be used to pay for private schools
[39:47] Some tax changes that were EXPECTED but didn't end up happening
Fri, 8 December 2017
There seems to be a new cryptocurrency popping up every week, with markets being discovered, and new algorithms occurring all the time. There's a new player in town, however, and it's serving a market that so far has been avoided, and that's Christianity.
Jason Hartman talks with Luke Forstmann, co-founder of Christ Coin, about what his cryptocurrency is based on, how you get it, how their currency actually gives back to communities, and the plethora of ICOs (Initial Coin Offerings) that are popping up.
[1:21] How the cryptocurrency craze now is similar to the internet craze in the late-90s, early 2000s
[3:55] What is an ICO (Initial Coin Offering), and when does it happen?
[9:05] What happened during Christ Coin's ICO?
[9:55] How do you set the initial price on something like Christ Coin?
[12:07] What is the LifeChange platform Christ Coin is utilizing?
[15:54] How do you get/earn Christ Coins?
[19:30] What it means when you buy Christ Coins, and how you can track its impact
Wed, 4 October 2017
Sunday night in Las Vegas shook the town and, tragically, saw the loss of life to over 50 and caused injuries to over 400 participants at the Route91 Christian Music Festival. The deranged gunman who fired at them was shooting from the Mandalay Bay hotel, where Jason Hartman happened to be attending a meeting.
Jason took some time Monday evening to reflect on his experience as the realization dawned on him, and the other meeting attendees, that someone was shooting at people on the ground. He also talks to his friend, Larry, who stayed at the meeting a little longer and ended up being locked into the hotel and having to spend the night in the meeting room. Larry tells about the scare they received in the room, how the situation was handled, and when he was allowed to leave.
[1:13] Hearing the gunshots from the balcony of the meeting room, and the slow realization that something was horribly wrong
[5:40] The biggest terrorist attack in the US since 9/11 and the fear that the next one will be even bigger
[8:38] The moment where Larry and his meeting attendees thought the shooter was outside their door
[15:12] What happened when everyone was released and the security measures during the night
"I just never in my life thought I would witness some terrible tragedy like this"
Fri, 1 September 2017
Jason talks with Elisabeth Embry, host of the Women Investing Network Podcast, about what's going on in the world of real estate and inflation right now. They discuss some linear, hybrid, and cyclical markets, as well as the influence of foreign investors in the US real estate landscape.
[1:48] What Jason learned on his 7 week vacation/trip to Europe
[5:50] The patterns of countries like Japan and the importance of demographics
[10:15] Whether "this time it's different" is at all applicable in this cycle, or if it's just wishful thinking before a bubble bursts
[14:25] Donald Trump is loosening the flood gates of money, and how it will effect real estate investing
[12:03] The impact that foreign investment has on US markets
[26:48] A lot of the invisible inflation can be seen is by the rise of self-service
[32:01] We've got to stop viewing minimum wage jobs as careers
Fri, 7 July 2017
Medical schools today no longer bother teaching their students about what different religions believe about health care practices, which is leaving some people of faith out in the cold when they receive care. Dr John Dawson, however, believes that this is something worth knowing, and has laid it out in his book Religion in Medicine.
Jason Hartman and Dr Dawson look at when the change happened, and what can be done to educate current physicians and health care providers.
[2:05] When did the medical system change and stop concerning themselves with the patients needs, and why
[5:53] What can be done to remedy the problem, and is it affordable?
[7:40] How John's knowledge of the Sikh religious practices helped a patient with a serious head injury
[9:41] Does health care around the world not care about religious beliefs or just the West?
Fri, 30 June 2017
When we think of the First Amendment, we tend to believe that it allows us to say whatever we want, often without any repercussions. But what does it actually protect, and from whom? Floyd Abrams represented The New York Times in the 1971 Pentagon Papers case, and is author of the new book The Soul of the First Amendment. He explains to Jason how the First Amendment actually protects us, what it DOESN'T protect us from, and why some areas aren't as protected as others.
In a day and age where a negative review posted on Yelp! can lead to lawsuits, it's vital that you understand what speech can come back to haunt you.
[3:23] Floyd's background and some of the landmark cases he's been a part of like the Pentagon Papers
[7:25] The First Amendment and college campus free speech issues
[9:10] Areas of our society we don't realize are government controlled and subject to different free speech rules
[11:45] The broadcast medium is nearing the free speech protections as print media
[16:17] The First Amendment and "fake news"
[21:03] The First Amendment and the internet users getting sued for comments/reviews/etc
Fri, 26 May 2017
In a recent investment seminar, Jason Hartman dove into the topic of investing in income property during an inflationary period. After single-family homes sales rose in January, income property inventory became low. As we head deeper into a Trump administration, Jason points out that the signs of inflation are there and we'd better be ready for it.
[0:40] Inflation induced debt destruction and your mortgage
[2:46] Jason explains how the government manipulates inflation numbers through hedonic adjustment
[10:14] The ultimate investing equation.
[17:33] Remember, investments generate income
[19:24] Cash and bonds are destroyed by inflation
[21:26] Inflation is not taken into account by the IRS
[24:20] Loan defaults happen during inflationary and deflationary times
[27:03] What you're paying in corporate taxes vs self employment taxes