Fri, 19 June 2020
Rabbi Evan translates the wisdom of King Solomon of the Hebrew Bible to ideas in which we can use and live by today. Today, Evan shares his thoughts about how we respond to challenges. In some situations, the key to success is planning and staying ahead, but in certain times we are forced to live responsively.
[2:00] Sometimes you have to think like a chess player, ten moves ahead. While sometimes, we have to think like a tennis player, more responsively.
[5:00] We must learn to be adaptable and adjust our strategy in a responsive method.
[7:30] An example of a creative solution in challenging times.
[9:00] Millionaires are made in good times, but Billionaires are made in tough times.
Fri, 12 June 2020
The key is to take action, but the purpose of today’s show is to explain why the actions we take make sense. Jason Hartman and Evan Moffic discuss the mortgage credit availability index, MCAI, and affordability. What has changed since 2004? Why would one wait and try to time the market? What’s the opportunity cost of timing the market?
[3:00] Discussing the opportunity cost of lost money by waiting and trying to time the market.
[4:00] Diving into the affordability index and the MCAI
[9:20] Mortgage Credit Availability Index MCAI
[10:00] Affordability = mortgage payments vs income
[12:30] Show recommendation, America In Color
[14:00] Watching the index move, in hindsight, from 2004 to 2019. What can we learn and expect?
[22:00] At some point, you want to be satisfied.
[24:15] “Successful people are willing to do things that unsuccessful people are unwilling to do.”
[30:00] Choose your company well.
Fri, 5 June 2020
Escape to the suburbs! Jason Hartman and Evan Moffic discuss the changes approaching in how we look at our homes. With the benefit of work and school being just a few feet away from our beds, we are all looking to improve our homes. And for those that are currently renting an apartment in the high-density, urban environments, a move in the direction of suburban-living is looking more and more promising. Homebuilders are saying that they are already seeing the effects of this growing trend.
Fannie Mae and Freddie Mac are buying loans in forbearance and essentially they keep kicking the can down the road, delaying the inevitable.
[1;30] “Inflation is a disease of money, thus inflation may have become the oldest form of government finance…” - Jens O. Parrson
[7:00] Escape to the suburbs! All of the reasons why both present and past.
[9:00] People are cocooning in their house.
[13:30] Home improvement will climb as a home office and school space is needed, colleges will change their format, gyms will try new concepts.
[21:00] Homebuilders have seen sales jump as renters flee small urban apartments.
[24:30] Why Elon Musk is talking about moving Tesla out of California.
[27:20] FannieMae and FreddieMac are acting in a dysfunctional manner to bail out the system.