Podcasts about American Dream

Welcome back to Impact Theory with Tom Bilyeu. In today's episode, Tom Bilyeu dives deep into the current state of the American housing market and why owning a home – once the cornerstone of the American Dream – now seems completely out of reach for so many. Tom Bilyeu breaks down how policies, generational incentives, and corporate interests over decades have converged to create the least affordable housing market in generations. He unpacks the collapse of opportunity facing younger Americans, the long-term effects of money printing and wage stagnation, and why this crisis isn't just about high prices—it's a symptom of deeper, systemic problems. But it's not all doom and gloom. Tom Bilyeu also shares actionable strategies for navigating this challenging landscape, building wealth, and making the system work for you. Get ready for a candid, eye-opening, and practical look at one of the most pressing issues facing our society today. Let's dive in. 00:00 - Intro 2:50 - Part 1: What the hell happened- and how did housing kill the American Dream? 13:40 - Part 2: How Bad is it, and Who's to Blame? 28:05 - Part 3: How to Make This Mess Work for You Business Wars: Follow Business Wars on the Wondery App or wherever you get your podcasts. Quince: Go to https://quince.com/IMPACTPOD for free shipping on your order and 365-day returns. Linkedin: Post your job free at https://linkedin.com/impacttheory HomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.com Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Raycon:  Up to 20% off during this holiday season at https://buyraycon.com/IMPACTTHEORYBC Connectteam: 14 day free trial at https://connecteam.cc/46GxoTF ButcherBox: New users will receive their choice between filet mignon, ribeye or NY Strip in every box for a year + $20 off! at https://butcherbox.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Cape: 33% off with code IMPACT33 at https://cape.co/impact True Classic: Upgrade your wardrobe at https://trueclassic.com/impact Bevel Health: 1st month FREE at https://bevel.health/impact with code IMPACT What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

Keith reviews the state of the real estate market, noting that existing home sales are down about 33% from their 2021 peak, while prices remain firm due to low supply and high demand.  Affordability challenges are driven by stagnant wages, inflation, and higher mortgage rates, with 70% of mortgage holders still locked in at rates below 5%.  He observes that in certain markets, new construction may now offer better investor terms than comparable existing properties, especially where builders buy down rates.  The episode highlights a comparison of nearly a century of asset class returns, reporting real estate's long-term annual appreciation at approximately 4.7%. Episode Page: GetRichEducation.com/583 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation   Complete episode transcript: Keith Weinhold  0:01   welcome to GRE. I'm your host. Keith Weinhold, how do other audiences feel about the GRE mantras that we've come to love here, like financially free beats debt free and don't get your money to work for you? Then sometimes it's not what you're attracted to in life, but what you're running away from finally comparing the returns from six major asset classes over the past century all today on get rich education    Keith Weinhold  0:29   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:18   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:34   Welcome to GRE from Kennebunkport, Maine to Bridgeport, Connecticut and across 188 nations worldwide. It is the voice of real estate investing since 2014 I'm Keith Weinhold, and I'm grateful to have you here with me, and we're doing something a little different today, as you'll soon listen in to me as I was on the hot seat being interviewed on another prominent real estate show. But first, when you pull back and ask yourself, why you're really an investor in the first place? There are so many reasons. Maybe you just want a few properties in order to supplement your day job income. Maybe you want to have more than a few so that you can completely replace that active income, or perhaps rather than going the route of building up your cash flow, which is valid, but some think that it's the only way to real estate financial freedom. Instead, you could own, say, nine doors or 22 doors, and even if they all had zero cash flow, you can just keep borrowing against that leverage and equity tax free and live off of that whatever you do when it comes to your day job, income, your degree of disdain for your nine to five job that is going to be greater or less than it is for some others. So your motivation for self improvement, it isn't always about what you're running to in life, which could be real estate investing, but it's also what you're running away from, especially if you don't get a deeply rooted sense of meaning from your job. So you could have both a push factor and a pull factor in what motivates you. There's a scene from the 1999 movie Office Space that just does this incredibly unvarnished job of saying out loud how so many of us feel today. What I'm going to share with you, I mean, you know that you have felt this at least once in your life. Office space wasn't supposed to be a mega hit movie, but it kind of was, because it's so relatable. Let's listen in to part of this clip. This is Ron Livingston playing a disgruntled male employee talking to Jennifer Aniston at a restaurant about his job in the movie Office Space.   Speaker 1  4:09   I don't like my job, and I don't think I'm gonna go anymore. You're just not gonna go. Yeah, won't you get fired? I don't know, but I really don't like it, and I'm not gonna go.   Keith Weinhold  4:24   Then it continues when she asks. So you're just gonna quit? No, not really. I'm just gonna stop going. When did you decide all of that? About an hour ago? Really? Yeah, aren't you going to get another job? I don't think I'd like another job. What are you going to do about money in bills and all that? I've never really liked paying bills. I don't think I'm going to do that either.   Keith Weinhold  4:53   That's it. That is the end of that classic dialog from office space that we can. All relate to you did not wake up to be mediocre, but a lot of people's jobs pummel them into a rather prosaic state. You were born rich because you were born with this abundance of choices, this huge palette in menu, but society often stifles that and makes you forget it, and it gets really easy to just fall into your groove and stay there. The main reason we aren't living our dreams is really because we're living our fears. Failure doesn't actually destroy as many dreams as people think fear and doubt. Does fear and doubt destroy more dreams than failure ever does financial runway? That is a phrase for the amount of time that you can maintain your lifestyle without the need for a paycheck. And it's critical for you to lengthen this runway if you hope to retire early, and it will dramatically reduce your stress level. An example is say that you currently earn 150k per year after taxes, and you spend 126k of that, all right. Well, that means you've got a surplus of 24k a year. Well, it's going to take you a little over five years to accumulate that 126k that you need to annually support your lifestyle. That's what happens if you don't invest. And see investing helps you lengthen your financial runway, that amount of time you can maintain your lifestyle without the need for a paycheck. That's what we're talking about here. Last week I brought you the show from Caesar's Palace in the center of the Las Vegas Strip. So therefore, what I've done is I have gone from the ostentatious and flamboyant over here to the familial and simple as this week I'm in Buffalo New York, broadcasting from a somewhat makeshift GRE studio here, the Buffalo Bills had a home game yesterday, so the city and hotels are busier than usual. Next week, I will bring you the show from upstate Pennsylvania, as I'm traveling to see my family. Let's listen in to me on the hot seat. I was recently a guest on Kevin bups long running real estate investing show. You're going to get to see how I present information and GRE principles for the first time to a different audience. And as I do, you're going to hear me provide new material, but you'll also hear me say quite a few things that I have told you before, even then, the concepts might land differently when I'm explaining them to a new audience. The show is based in Florida, so We'll also touch on the real estate pain and opportunity there. After I'm interviewed, I'm going to come back and tell you about something fascinating. I'm going to compare the returns from six major asset classes over the past century, since 1930 anyway, and that's going to include the first time on the show where I'll tell you real estate's annual appreciation rate over the last entire century. Just about what do you think it is? 8% 5% 3% you're gonna have, perhaps the best answer you've ever had. Here we go.   Kevin Bupp  8:31   Now, guys, I want to welcome back a guest that we've had on. It's been a number of years now. Keith Weinhold, I went back to look at the last episode we had him on. I think it's been about four years. So, you know, four years ago, the world was in the very different state. It was a very different time. And so, you know, thankfully, we're out of the covid era and on to newer and greater things. So for those that don't know Keith, he's the founder of get rich education. He's the host of the popular get rich education podcast. He's a longtime thought leader in the real estate investing space, and like myself. Keith was also born and raised in Pennsylvania. For those that know don't know, I was born and raised in Harrisburg, Pennsylvania, Keith, I believe, a couple hours away from where I was. But Keith has very much a unique perspective on wealth, building debt, and really the housing market as a whole. And today, you know, we'll be diving into everything you know, from why the property itself? This is something that Keith kind of coins, why the property itself is less important than you think, to how the housing crash has already happened in a way that most people don't even realize, to the role inflation and debt play in building long term wealth. And so again, it's been a number of years here, so I'm excited to welcome Keith back here. So my friend, Keith, welcome to the show. It's it's a pleasure to have you back here again, my friend.   Keith Weinhold  9:43   Oh, Kevin, it's good to be here and be in the auspices of another fellow native Pennsylvanian as well.   Kevin Bupp  9:49   That's right, that's right, yeah, no, Pa is rocking and rolling as I think I told you this little, this little tidbit last time everyone, every time I speak with someone from Pennsylvania, they never know this. But I'm going to share this fun fact. Are you already know, Keith. I'm gonna share it with the rest of the listeners here today, Pennsylvania, those that are born and raised there. It's the only state where, if you're from Pennsylvania, you refer to it by its initials, and you assume that everyone else, everywhere else across the country, they know what you're talking about when you say I'm from PA and that's the only state that does that. So I think it's pretty neat.   Keith Weinhold  10:19   That's right. No one else does that. No one else says, I'm from TN, if they're from Memphis, right?   Kevin Bupp  10:24   They don't, they don't. So with that, my friend. So, you know, it's, again, it's been a number of years since we, since we had you last on here, you know, let's start with just, let's back up a little bit. You know, what have you been up to? I mean, what, what have the last few years look like for you? Where have you been spending your time, energy and efforts? Obviously, it's, you know, we've gone through some quite a bit of turmoil over the last five years, and would love to just get an update as to what's going on your life.    Speaker 2  10:48   Well, one of the big words in real estate investing, we all know it, even the person that cuts your hair and cleans your teeth knows it, and that's affordability. You know, really, affordability has been under fire, under pressure. By a lot of measures, we have the worst affordability for home buying since the early 80s, when the Jeffersons was on television. So it's been helping a lot of people deal with that. It's really the effect of three things, general inflation, higher home prices and higher mortgage rates. Really, those three things the crux of the problem. It's not exactly inflation, really. It's the fact that over the long term, wages don't keep up with inflation. And really that's the crux of the affordability problem. So I've been helping people deal with that and put that in perspective, really, Kevin,   Kevin Bupp  11:42   what does that mean for, you know, investment, real estate? I mean, are you still still doing deals? Are you seeing deals still get done by your students? I mean, what? What's your world look like?   Keith Weinhold  11:52    Yeah. I mean, I think you're asking, you know, how many deals are taking place? One way to measure that on a national basis is existing home sales. You know, existing home sales have been down substantially. And when a lot of people hear that, they think, prices, oh no, we're not talking about prices. We're talking about existing home sales. That means sales volume. That means the amount of overall transactions. So to give an idea of a real estate market, a residential one that's become pretty lethargic and not very vibrant, is that sales volume. It had its recent peak of about 6 million home sales back in 2021 I mean, 2021 was crazy, kind of the crux of the pandemic, you know, Kevin, that's when for an open house. You saw cars wrapped around the block for just one open house. Okay, well, that year 2021 there were 6 million existing home sales. Today, we're on pace to do about 4 million, and we also did only about 4 million last year. So if you put that in perspective and think about what that means, prices have stayed stable, but that's a 33% reduction in transactions. So investors, you know, people like you and I, Kevin, we're not as affected by this as some other industries. But think about the mortgage loan industry. If you're doing 33% fewer transactions, think about the hard decisions companies have to make and lay people off. 33% fewer transactions for title companies. It's probably close to 33% fewer transactions for furniture companies as well. So really it's both affordability that's been a problem, and that's led to this relative lethargy, kind of a slow, not very interesting residential real estate market, at least from the transaction perspective, really, really slow.   Kevin Bupp  13:58   But Could, could one not argue, I don't know the data points. Keith, I guess, what did it look like? 2021? Was kind of the peak. I think you'd reference 6 million units a year. Transactionally, what did it look like prior? What, what was, what was a more normal year like? And maybe 2020, wasn't a normal year either, right? Because a lot of folks thought the role was ending for a period of time. You know, 2019 maybe just again, trying to, trying to find maybe a better baseline to use. And then, you know, does, I guess, in my mind, and I don't follow these data points as much as you do, is that maybe 2021, was, you know, somewhat artificial inflation, right? Lots of lots of money pumping into the marketplace. And ultimately, we had to get back to a sense of normalcy at some point in time. And so are we at a at a place of normalcy? Are we still behind the eight ball a little bit?   Keith Weinhold  14:44   We're still behind the eight ball a little bit. 5 million is more of a normal long term number. But yeah, I mean, if we've got 4 million now, that's, you know, 25% less still than 5 million, sort of this long term normalcy rate of existing. Home transactions. And if you're a careful listener, you notice I've been using the word existing that doesn't include new build. So you know, when you the listener out there reading headlines, always look at that closely. We talking about existing? Are we talking about new build? You can learn a lot from that when you introduce new build data that introduces an awful lot of noise. For example, even when we look at prices, sometimes we want to exclude new construction. So why is that? Why do we want to focus on existing a lot? Well, because new build can introduce a lot of aberrations to the market. For example, the size of new build properties has dropped substantially the past few years, again, coming back to the central theme of affordability to help make a home more affordable. So we're not looking at same same when the square footage of a property drops a lot. And also, another thing that's been happening as a response to the lack of affordability is you have more builders building further and further out from a central business district where there are lower land costs for that new build property as well to help meet affordability. So the takeaway is, yeah, we want to be careful when we look at numbers. Are we looking at existing? Are we looking at new? Are we looking at overall properties.   Kevin Bupp  16:22   If you believe that if rates come down, we really is that the is that the lever that has to be pulled in order for that transactional volume to kick back up and, you know, make homes more affordable for the average home buyer,   Keith Weinhold  16:34   yeah, it's certainly going to help. I mean, really lower rates is the most likely significant lever that can help with the affordability crisis. Prices are pretty firm. Home prices are up 2% year over year. It's difficult for home prices to fall. In fact, home prices have only fallen one time substantially since World War Two. A lot of people don't realize that. So home prices are firm. I expect them to stay firm. And then the other lever is if we get a huge surge in wage increases, which I really don't expect anytime soon, unless we have another really big bout of inflation. So to your point, yes, lower mortgage rates like, that's the biggest lever that can help affordability return. And to speak to mortgage rates, Kevin and help put all of this into perspective, including this affordability component, is the fact that today, mortgage rates are low, and that gives a lot of people pause. They're like, What are you talking about? Mortgage rates were 3% even as low as two point some percent, just as recently as 2021 and early 2022 What are you talking about? Like, mortgage rates are 2x to 3x that today we look at a long term perspective when we look at the arc of mortgage rates, instead of in setting up expectations where we think rates could go. And we need to look at a frame of reference. Mortgage rates peaked over 18% in 1981 that's if you had a good credit score and everything on a 30 year fixed rate mortgage. That's what we're talking about here. In fact, Freddie Mac, they're the ones that have the best, most reliable stat set for mortgage rates, and that goes back to 1971 the average mortgage rate since 1971 all the way up to today, through all these presidential administrations you know, Nixon and in the Reagan years, and Clinton and the bushes and Obama, everything You know up to today, from 1971 until today, the average 30 year fixed rate mortgage is 7.7% so that's why I talk about how mortgage rates are, you know, moderate to a little low today. That takes a lot of people back. I don't see any impetus. It's going to get us back to, say, 3% mortgage rates. So some real perspective here.   Kevin Bupp  19:06   Yeah, yeah, no. And, you know, the interesting thing again, you might have data points on this to see, is a lot of the lack, do you feel that a lot of the lack of transactional volume is also related to those folks that have locked in, you know, 3% you know, mortgages, right? Like they're they, why would they sell and ultimately trade into a, maybe a, you know, a, you know, upgrade of a home, but ultimately be paying significantly more than that of what they're paying at the present time, you know, double the cost of capital. Your rates today, 30 year, rates are where the six and a half, 7% range, I don't follow it, but yeah.   Keith Weinhold  19:42   I mean, as of today, 6.3% is is where they're at. But yeah, you have a lot of those homeowners locked in to low rates. I mean, first, if we just pull back and look at the overall homeowner landscape, four in 10 have a paid off property. So just to talk to those about the other. Or 60% that percentage that are mortgage borrowers, among borrowers, 70% still have a mortgage rate under 5% meaning it starts with a four or less. So yeah, you're bringing up astutely Kevin the lock. In effect, people are reluctant to sell and give up that rate to trade it for a higher rate. And here's what's interesting, a lot of people if they couldn't make the payments on their home and say they lost their home, something that actually happened a lot in 2008 when people were locked into in sustainable mortgages because they didn't have good credit and they didn't have good income, the borrower is in good shape today. But even if, for some reason, they couldn't make the payments on their home, and they lost their home and they had to rent. Rents are actually higher in many cases, than what that mortgage principal and interest payment is. Maybe even the mortgage principal interest, taxes and insurance that they pay today are lower than what comparable rent would be, and this helps stabilize the housing market, people are really motivated to make their payments, and they can easily do it when it is so low, speaking to that lock in effect, and we're bringing up another reason now why transaction volume is so low, that lock in effect. So homeowners are in good shape. Their payments are sustainable. They don't want to sell, and they're just staying put. They're staying in place   Kevin Bupp  19:42   tying that all back around. Keith, what does that mean for us real estate investors? I mean, is there still good value out in the marketplace? I mean, is the rent to value ratio still, you know, Is there good opportunity to be had, as far as ROI for an investor that wants to buy into a residential investment or a multifamily investment, or anything related to that of residential housing?   Keith Weinhold  19:42   Well, the deals in the one to four unit space, single family homes up the four Plex buildings, yeah, just are not as good as they used to be. The ratio of rent income to purchase price is lower than it was five years ago. And that's so simple, but that's just really the simplest formula for profitability for a real estate investor, you don't have to look at cap rate or or NOI in the one to four unit space. Let's just look at that ratio of rent income to purchase price. 20 years ago, it was easy to find a full 1% meaning, on a 200k property, you could get $2,000 worth of rent income. That's that 1% ratio. But now oftentimes you've got to find something that's more like seven tenths of 1% that would be a $1,400 rent on a 200k property. So that simple formula, and I love that, the rent income divided by the purchase price when I'm looking at properties, when I'm scrolling or scanning like that's a calculation you can do in your head. It's only if I would see a ratio that appears really good, oh, that I would like drill down and look at that property more closely. So of course, when you have something that is that simple, though, rent income divided by purchase price, there's a lot of things that doesn't tell you. You know, what kind of mortgage interest rate can you get? What kind of property tax Do you pay in that jurisdiction? But really, I love the simplicity. That's it, rent divided by price, but it has been under attack. Now today, I still don't know where you're going to get a better risk adjusted return than you do with a carefully bought income property with a loan. I've always liked fixed interest rate debt the best risk adjusted return anywhere. I really don't know of a better one than with buying real estate, because real estate investors have so many profit centers, five simultaneous profit centers, which few people understand. Yeah.   Kevin Bupp  19:42   So using that, I want to, I want to unpack the the 1% rule a little bit for those that aren't familiar with it. And again, there's a lot of variables there, as you had mentioned, you know, mortgage rate, taxes, insurance and that respective market that you that you're buying in, and so what? What are you really trying to back into when applying that rule? Is there? Is there? Is there a true cash on cash return that you're hoping to achieve, again, assuming all these other variables that we just don't know, what they are at this point, you know? Is there a target range of actual ROI that you're actually looking to achieve when applying that 1% rule?   Keith Weinhold  19:42   No, I'm just looking for any positive cash flow. You know, to your point, yeah, there's nothing like the cash on cash return needs to be at least three and a half percent or something like that. But, yeah, I still like buying a property that's that's greater than a break even. Inflation is probably going to increase your cash flow over time, even if you bought a property that that broke even or just had a trickle of cash flow or a $100 cash flow today, a lot of people don't understand that fact that right there you can't count on it, you shouldn't count on. Getting rent increases. But we all know it generally happens over time at a rate of about 3% a year, but it actually increases your cash flow. If you increase your rent 5% your cash flow can often increase something like 12% why is that? How could that happen? That's because, you know, it's key for the person that was listening closely, you get fixed interest rate debt, so your rent income goes up, your expenses increase, except for that mortgage principal and interest. Inflation can touch it. It's kind of like a mosquito buzzing against a window and always trying to get in. And inflation can't touch that in a way. It's sort of like debt that's an asset in some unusual way, or some play on words, getting that debt so So yes, you can't count on rent increases over time. We know what typically happens, and that's really part of the compelling value proposition of buying income property with a loan. You're sort of leveraging inflation. You're really on the right side of it.   Kevin Bupp  20:08   Are there any particular markets that you feel are ripe for opportunity today where you're spending your focus and energies in?   Keith Weinhold  20:08   Yeah, it's still in high cash flowing markets like Memphis, okay, little rock and a good part of the Midwest and the Midwest still has home prices appreciating faster than the national average as well. So those are some of the areas that I like. Those jurisdictions also tend to have laws, as your listeners might know this already, Kevin, they tend to have laws that benefit the landlord more so than the tenant, where you can get a prompt eviction, but those are still the areas where you do get that high ratio of rent income to purchase price on a single family rental home, you might still find eight tenths of 1% meaning $800 worth of rent for every 100k of property purchase in places exactly like that.   Kevin Bupp  20:08   I was hoping that you tell me 1% rule would is applicable.   Keith Weinhold  20:08   It's pretty rare. You know, if you do see, if you do see a property that has a full 1% rent to purchase price ratio, it could be in a sketchy area, you need to make sure that you can actually get the rent in like you would get a respectful rent paying tenant in there. That's something that we would have to look at more closely.   Kevin Bupp  20:08   Have you explored building new product? Is there an opportunity there getting at a lower basis by building ground up?   Keith Weinhold  19:42   You asked such a smart question. This is actually the first time ever, as long as I've been an active real estate investor, Kevin for more than 20 years where new build purchases for income property make more sense than existing purchases. Why is that? It's because builders know that investors and borrowers are struggling to buy and afford property and make the numbers work. Like you're talking about, that builders are incentivized to buy down your rate. For you, to buy down your mortgage rate, we deal with a lot of providers that buy down your mortgage rate to 5% or less for you, and this is a fixed, long term loan in order to help get the numbers to work. You know, especially where you might see a new build property where the rent to purchase price ratio is less than seven tenths of 1% and it's just like, ah, the numbers wouldn't work paying a higher mortgage rate, but some are willing to buy them down to as little as four and a half. However, if you're looking into buying a new build income producing property, you do want to look at that closely. Who is paying for the discount points to buy down the rate. Is it the builder, or is it you? Because some builders just suggest, hey, you can buy down. You can have your rate bought down. But yeah, the next question is, yeah, okay, who is actually doing the buy down? Yeah.   Keith Weinhold  19:43   I mean, just getting tacked on. I mean, in that instance, I'm assuming that a lot of it's just getting tacked on to the to the back end of the purchase price, or it's being baked into closing costs somewhere somebody is paying for it. More than likely the borrower is paying for it. Paying for it. Is that? Is that? Again, I'm assuming we probably have that here in Florida. Again, I don't really follow the residential market too much, but there's, as you had mentioned, like, kind of on the the outskirts of Tampa, the tertiary, necessary, tertiary, probably more secondary areas. That's where a lot of the builds are happening. Lots of these, you know, planned subdivisions. You know, hundreds and 1000s of homes being put up. And in my understanding, through the grapevine, is I hear that they're, you know, sales volumes is incredibly slow, and a lot of these builders are now offering some creative loan products, again, to what you've just stated there, to attract, not necessarily even just homeowners, but also investors, to come in and buy their product from them. Is, is there a real opportunity there, though? I mean, have you seen investors be able to benefit from buying brand new product at a fair price, with economics at work keeping as a rental?   Keith Weinhold  29:53   I have and Florida has some builders that are almost desperate. I'm a long time investor. Know personally, directly in Florida, income property, Southwest Florida, places like Cape Coral, they have been ground zero for real estate depreciation, a contraction in real estate values year over year of 10% or more in some southwest Florida markets. So like the post pandemic, migration boom is certainly over in Florida. And you know, Kevin, as little as 10 years ago, people used to talk about buy in Florida. It's cheap, it's sunny, cheap and cheerful, like you would sort of hear that sort of thing about Florida real estate. That is no longer true. Florida just is not as cheap as it used to be. It's the same or higher than the national median home price now in Florida. So yes, some builders are rather desperate. The other benefit of buying new build, especially in a place like Florida, where a lot of new building has taken place and the supply actually exceeds the demand here in the short period. You can take advantage of that, not only by getting the rate buy down, but because homeowners insurance premiums are substantially less on new build property, because they're built to today's wind mitigation and other standards than they are existing property. I have a friend that just bought a new Florida duplex through us in Ocala, Florida. That's sort of a central, North Central Florida, on that new build duplex that he paid 400k for. I saw the actual insurance premium, the the rate sheet, $694.06 $694 694 so the benefit of buying new build is you get a lower insurance premium. You get these rate buy down. Sometimes what your builder will buy for you make for you rather and of course, you're probably going to have low maintenance costs for a long time, since it's a new build property, and you get a tenant that is probably going to stay longer than the average duration. They're the first person to ever live there. It's difficult for the tenant to improve their housing situation when they have a new build income property, unless they would go out and buy, and it's a very difficult time to go out and buy. So through that lack of affordability, really, the advantage for a real estate investor is tenants are staying put longer. The average tenancy duration is up because they can't run out and be a first time homebuyer.    Keith Weinhold  32:32   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989, yep. Text their freedom coach directly. Again. 1937795898, 77958989   Keith Weinhold  33:44   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Todd Drowlette  34:17   this is the star of the A and E show the real estate commission. Todd Rowlett, listen to get rich education with my friend Keith Weinhold, and don't quit your Daydream.   Kevin Bupp  34:38   That even trickles down to the to the space that we're in. We're in the mobile home park space. And while we don't have a lot of rentals inside of our portfolio, most of our residents own their home and they rent the land, but throughout our portfolio, we have roughly 400 units that we own that we have as standardized rentals, and we've noticed that trend as well. Historically. 10 years ago, you. Yeah, we track actually about, I can take it back about eight years, where we actually have data to support this. This claim is that our average renter would stay about 16 months. That was fairly standard. Whereas today it's over, it's nearly three years. At this point in time, the majority are staying nearly three in there's probably, there's some variables in there. You know, eight years ago, we weren't bringing a lot of new product into our communities, whereas a lot of the mobile home parks that we purchased today do have a lot of newer mobile homes in them. So again, to your point, it's, it's a it's a newer home. It's fresh. There might not be the first person that lived there, maybe they're only the second, right? But it's still a very new home. It's only a couple years old. All the appliances are new. It's fresh, you know, it's well insulated, and it's just a high quality product, but, but it's nearly double of what we used to experience and what we used to underwrite. It's, you know, which is, which is interesting. You know, I am, I want to, I want to circle back, you'd mentioned Cape Coral. I've got quite a bit, quite a bit of experience with Cape Coral. This is not the first time that Cape Coral and Port Charlotte in those areas have crashed. I mean, like, they've got quite an interesting history in time, back during the GFC, that area down there took probably one of the biggest hits in most of Florida, while, you know, the rest of Florida got, you know, pounded pretty hard with home values and decreasing home values decreasing rents, Port Charlotte, Cape, coral, in those areas as well. It's just It looks very different down there today. As far as you know, the job basis. I mean, there's a little bit more of a, you know, you know, an economy than what existed maybe 1015, years ago. But I don't know if you know the story of Port Charlotte. Is it some interesting history that you can if you want to spend some time, go on YouTube. There's some documentaries out there about, basically when that area was created. There's a two brothers that, essentially, you know, sold, subdivided and sold swampland and sold the dream to the northeast centers to come down and buy, you know, parcels of land down in Cape Coral, port, Charlotte and in that general area. And it took a lot of time for it develop over the years, but it's a beautiful area down there. But again, I think what happened to your point? A lot of folks during the covid era were wanting to come to Florida. We were fairly free down here. The sun was shining, you know, the Gulf of Mexico was warm, and that was a good value for a lot of folks. You know, the values were driving up there. Was home inventory down there. You got a good bang for your buck back at that point in time. But again, there's not, there's not as much as many amenities and supportive economy there. And then to me, there, like you might find in the Tampa area, or you might find Orlando, or even Ocala cow is a phenomenal market right now. And yeah, oh, Cal is, for those that don't you know you mentioned, you referenced the insurance there, which is, that's a great, that's a great price for that, that policy, you know, 700 bucks, basically, that is inland. For those that don't know the geography here in Florida, that is inland. So you are fairly protected from storms, you know, hurricanes and things of that nature, which crush us here on the on the Gulf Coast. But in any event, I just thought I'd share that there's some good, pretty cool documentaries out there in Port Charlotte, in the whole area down there, but a beautiful part of the country. But just Yeah, it's, it's suffering right now. There's, I think there's, I was looking the other day on Zillow. I just play around and check and see what waterfront home prices are going for. And down there, you can basically get a you can get a canal front home going out to the Gulf of Mexico for about $500,000 which was probably closer to 800,000 during, you know, the the boom era of 2021 2022 So historically, we used to buy properties down there. This is back in 2000 and 345, before the the GFC, we could buy those same properties for 150 and $200,000 waterfront home, waterfront homes, deep water canals going out to the Gulf of Mexico. But when it crashed, some of those homes were selling for $120,000 $100,000 so it's interesting to see how things have come kind of full circle multiple times, not just down there, but in all of Florida as well. Florida is always boom and bust. You know, I think they say that with you know, you could probably speak to that most of these coastal towns, whether it be in Florida, whether it be up the eastern seaboard, the coastal markets are definitely more of a roller coaster ride than the Midwestern markets, where you invest in would you? Would you agree with that?   Keith Weinhold  39:09   Yeah, I would. And yeah, you talk about Florida being a boom and bust, and what you said is certainly true in the shorter term. Back in the global financial crisis, we saw more price blood letting in Florida than we did in other states as well. But over the long term, the long arc, I'm bullish on Florida because of just the obvious constant in migration story. In fact, if you go back to decennial censuses, all the way back to the early 1800s every single decennial census, every 10 years, the population of Florida has rose, and it rises faster than the national average, almost all of those 10 year periods. So yeah, over the long term, I certainly like Florida, but Yeah, you sure can, you know, nitpick over the. Short term, but as little as five years from now. If you bought today, as little as five years from now, I could see someone saying, like, yeah, I bought back five years ago, because we're actually in a in a short term, overbuilt condition, and builders bought down my rate. For me, this could look savvy and this could look wise. So if you're looking for opportunity, new building Florida is definitely something to look into.   Kevin Bupp  40:22    I agree. No, absolutely. Like, the long term, you know, opportunity here in Florida, it's there, you know, it's interesting. We've got the we get these hurricanes every year. Last year was a pretty impactful year, at least here on the on the Gulf side, and the neighborhood I lived in, we got flooded. Luckily, our homes in newer builds built up. But, you know, 70% of the neighbor I lived in had 444, or five feet of seawater. And as did the, you know, the long stretch of the Gulf Coast here, and it was the first time this area has ever this immediate air right where we live, has ever had a it wasn't even a direct hit. It just happened to be a massive storm surge. But it was, you know, catastrophic as far as the damage that it did. And a lot of folks that we knew in our neighborhood here. Have lived here for 1020, 3040, or 50 years, and they had never had any floodwater whatsoever. And and there was two camps where they fell in either one camp where they didn't, they whether they had the money to rebuild or not, didn't matter. Like, mentally, they were never going to end up. They were never going to deal with that again. They were moving away, like they just didn't want to go through the heartache of that again. In the second camp, we're basically, I knew it was going to happen at some point in time. This is the kind of price to live, to pay, a live in paradise and and what ultimately occurred is, you know, you saw homes going up for sale, and in the initial chatter for those that that were impacted, is that, who's going to buy that? You know? You know, they're not going to get hardly anything for it. You know, it's just like, who's going to want to live here now that has been flooded. I said, Just wait. I'll say people have us as human beings, have short term memories. We do and and I can promise you, within a few months, those homes will be gobbled up, some will be knocked down, some will be rebuilt, but inevitably, the prices will come back incredibly strong, and you'll see very limited inventory, at least in desirable markets that are here on the water. And that's exactly that happened. Within six month period of time, prices are back up. You can't get your hands on a flooded property now, or one that had been flooded, right?   Keith Weinhold  42:12   I can believe it. And this is not the way that you want to have a waterfront property when the water inundates you and comes to you, that is not the way to buy waterfront property.   Kevin Bupp  42:23   Yeah, interesting, but, uh, no, Keith has been a fun conversation, my friend. So let's, let's talk about, you know, I like to you'll peek inside your brain if you were going to start all over again, from scratch, you know, you've been at this now, what? How long? Almost two decades. It's been, been quite   Keith Weinhold  42:38   Yes, yes, more than two decades. Is that what you're asking, how would I start, starting from today?   Kevin Bupp  42:47   Yeah, like, what would you do? Where would you focus, what asset type and any particular strategy outside of what you're doing today? You know, where would you focus your time?   Keith Weinhold  42:55   Actually, it is quite a coincidence. The way that I would start all over again in real estate is the way that I did start in real estate. It worked out phenomenally, in a way it makes sense, because if it hadn't worked out phenomenally, you never would have heard of me, and I wouldn't have become this real estate thought leader or whatever, because this is a way, an everyday person with virtually no real estate knowledge and very little money. Can start out, what I did is I made the first ever home of any kind, a four Plex building where I lived in one unit and rented out the other three. This is something very actionable for your for your audience as well, Kevin. Or if maybe you're a listener that has a an adult daughter or son and they want to get started in real estate with a bang without much money, is to buy a four Plex, just like I did. You can use an FHA loan, a three and a half percent down payment. You have to live in one of the units at least 12 months, and at last check, your minimum credit score only needs to be 580 now you will get a lower interest rate if you have a higher credit score. But those are the only three criteria you need. I mean, what a country talk about? The American Dream. You can use that FHA program with a single family home, duplex, triplex or fourplex, that's the formula. That's how I began. Actually ended up living there a little more than three years. But what that did for me was remarkable, and in fact, you know what it taught me? Kevin and every listener can benefit from this. It's paradoxical. A lot of times I say things that you would not expect to hear that make you go, wait what? Whoa, how can that be? Is what it taught me is that I don't want to focus on getting my money to work for me. You probably wouldn't expect to hear that. It's actually a middle class paradigm to say, well, I don't want to work for money. I also want to get my money to work for me. I'm telling. You that that's going to keep you middle class, or worse, that's going to keep you working until old age, and you won't have an outsized life and retirement and options. If you think that the best and highest use of your dollar is getting your money to work for you, it's not what's the paradigm shift if this four Plex building taught me the way I started out, which is still the way that I would start out today, and you probably heard this before, but I'm going to put a new twist on it. Is you want to ethically get other people's money to work for you, and we can be ethical. We can do good in the world. Provide housing that's clean, safe, affordable and functional. Never get called a slumlord that way. You can employ other people's money three ways at the same time, ethically by buying an income property with a loan, like we've been talking about in Florida, or with this fourplex building. How do you do it three ways at the same time, using the bank's money for the loan and leverage, which greatly amplifies your return beyond anything Compound Interest can do. The second of three ways you're ethically employing other people's money is you're using the tenants money to pay for the mortgage and some of the operating expenses on this fourplex. And then the third way you're simultaneously using other people's money is using the government's money for generous tax incentives at scale. So the lesson is that the best and highest use of your dollar is not getting just your money to work for you, it's other people's money, in this case, the banks, the tenants and the governments. That's what you can do. I mean, what an opportunity. A lot of people just don't even know about that FHA program.    Kevin Bupp  46:41   Yeah, I actually, I wasn't, I wasn't aware that it was that low of a down payment key. That's no idea. Three and a half percent, you said, a 550 credit score, believe me, 580 minimum credit.   Keith Weinhold  46:51   And you have to, thirdly, you have to owner occupy a unit for at least 12 months. And hey, I'm not saying it's always easy. You know, you got to think about that. Your neighbors are also your tenants. And I don't know how to fix stuff. I still don't. I'm a terrible handyman, but it's good to learn a little about about human relations. And you know, letting finding a general way to let the tenants know that you have a mortgage to pay every month. I mean, just that alone can can help them ensure timely rent payments. But, and this also doesn't mean every area, or every four Plex building is is good, but, yeah, that's the opportunity. That's how I started. I would totally do it again.   Kevin Bupp  47:27   Can you use that FHA program more than once? Or is that just the one time you know your first, first, first primary home purchase?   Keith Weinhold  47:34   It's generally you can only use one at a time. There are some exceptions, like if you and your job move, like, a certain mile radius away from where you got the first one, but, yeah, generally it's only going to be one at a time. A lot of people don't use it. Don't know about it. In fact, if you have VA benefits, Veterans Administration benefits, you can get a similar program, like I was talking about, but zero down payment, rather than three and a half with an FHA loan. It's a really good, amazingly good opportunity.    Kevin Bupp  48:05   That's incredible. That's incredible. Keith, my friend, I appreciate you coming back going. It's always good to catch up with you. Good to see that you're doing well.   Keith Weinhold  48:17   Oh yeah, a terrific chat there with Kevin. I hope that you like that really. At our core, real estate investors are not day trading. We are decade trading. Now I'm in western New York today, at the other end of the state, NYU compiled some terrific statistics that you want to hear about for nearly the past 100 years. It is the annualized returns of six major asset classes. This spans, the Great Depression, a number of recessions, World War Two, the New Deal, gold standard, abandonment, brendawoods, the Cold War, Civil Rights Movements, oil shocks, Volcker rate hikes, the.com boom and crash, the 911, attacks, the housing bubble, covid, 19, AI revolution and 16 presidencies, all those ups and downs and war and peace and economic booms and economic lows, and now there is going to be a mild tongue in cheek element here, because stats like this drive real estate investors crazy, but this is often how mainstream media portrays asset class comparisons. All right, the six asset classes are stocks, cash, bonds, real estate, gold, and then inflation, which isn't in an asset class, but it's a benchmark. All of these begin from the year 1930 so spanning almost 100 years. Let's take it from the lowest return to the high. Best return the lowest is inflation. And what do you think the CPI inflation rate is averaged over the last 100 years? Any guess at all? You might be surprised. It is 3.2% Yeah, even though the Fed's CPI inflation target has long been 2% it runs hot longer than most people believe. So therefore, today's inflation rate isn't high, it's just normal. The next highest return is cash at 3.3% How did NYU measure that the yield from three months T bills? Next up is bonds. They returned 4.3% that's the 10 year treasury average of the last 100 years. The next highest is real estate at 4.7% that uses the K Shiller Index. Now we're up to the second highest. It is gold at 5.6% and the highest is stocks at 10.3% using the s, p5, 100, and this was all laid out in a brilliant chart that also shows the returns by each decade for all of these asset classes. You'll remember that I shared the chart with you in our newsletter a few weeks ago. Now you are smarter and more informed than the layperson is, you know, but they see this chart and they think, Oh, well, that's it. I've got my answer. Real Estate's 4.7% appreciation loses out to gold's 5.6 and stocks 10.3 and then they go back to watching Love is blind. But of course, rental property owners like us know that we often make five times or more than this 4.7% when we consider all those other income streams and profit centers, leverage, rents, ROA and inflation, profiting on our debt, it's often 25 to 30% total. It's sort of like judging a Ferrari by only measuring its cupholders or something. Now, would stocks 10.3% get adjusted up as well? Yeah, probably a little, because the s and p5 100 currently averages a 1.2% dividend yield, so that might be added on the 4.7% return for real estate. That cites the popular Case Shiller Index. And the way that that index works is that it uses a repeat sales methodology. So what that means is that the Case Shiller measures the sales price of the same property over time. Therefore a property would have to sell at least twice in order to be measured by this popular and widely cited K Shiller Index. So then the 4.7% appreciation figure excludes new build homes, and new builds appreciate more than existing homes, but you do have more existing homes that sell the new build homes, so we can pretty safely assume that real estate's long term appreciation rate is higher, likely between five and 6% there it is. So yeah, making comparisons across asset classes like this is pretty tricky, because investment properties leverage and cash flow gets nullified. And when you make comparisons like this, it's a big reminder that even if you can't get much cash flow off a 20 or 25% down real estate payment, sheesh, most people put a 100% payment into stocks, gold or Bitcoin, and they don't expect any cash flow. And Bitcoin isn't part of what we're looking at for this century long view, because it did not exist until 2009 and also NYU had to use some alternative statistics. Sometimes the s, p5, 100 index only came into being in 1957 and the Case Shiller Index 1987    Keith Weinhold  54:02   next week here on the show, I expect to answer your listener questions from beginner to advanced. You've been writing in with some good ones for the production team here at GRE. That's our sound engineer, Vedran Jampa, who has edited every single GRE podcast episode since 2014 QC in show notes, Brenda Almendariz, video lead, brendawali strategy talamagal, video editor, seroza, KC and producer me, we'll run it back next week for you. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  54:36   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Speaker 2  55:04   The preceding program was brought to you by your home for wealth building, get richeducation.com  

Qué es exactamente el American Dream, qué lo define, dónde se inició, es real, es fantasía, sigue vigente? Expectativas, verdades y mentiras ECDQEMSD podcast episodio 6191 El Sueño Americano Conducen: El Pirata y El Sr. Lagartija https://canaltrans.com Historias Desintegradas: Venimos de la Posada - León Guanajuato México - Un sueño especifico - Olas migratorias - Crisis y migración - Regresar a tu país - Un historia por persona - Migración y sentimientos encontrados - Los tiempos y las culturas - Contextos - Phoenix Arizona - Ciudades deprimidas - La epidemia de drogas - Aquella San Francisco - Realización en todo sentidos - Objetivos alcanzados - El cambio positivo - Películas en Tepito - Moteles de Tlalpan - Clásicos y condicionadas - El traductor - Demasiadas X - Armado el Árbol de Navidad - Fundación de Ciudad Juárez - Flor de Nochebuena - Playas Uruguayas - Comiendo Brownies y más... En Caso De Que El Mundo Se Desintegre - Podcast no tiene publicidad, sponsors ni organizaciones que aporten para mantenerlo al aire. Solo el sistema cooperativo de los que aportan a través de las suscripciones hacen posible que todo esto siga siendo una realidad. Gracias Dragones Dorados!! NO AI: ECDQEMSD Podcast no utiliza ninguna inteligencia artificial de manera directa para su realización. Diseño, guionado, música, edición y voces son de  nuestra completa intervención humana.

Abundance and Why Selfishness is Good In this episode, we take on important questions like: "Is carbon dioxide good or bad?", "Is the American Dream still alive?", and "Why is selfishness good?" Canada has 3 proposed laws that may give their government a lot more power and take away a lot of freedom for their citizens. In his stories, George Orwell predicted a lot of the things going on now. While those that believe in Socialism say they want to make people "equal", nature has its own equilibrium. Government just needs to get out of the way. In order to achieve great things, we need to know that we can succeed and keep the benefits of our efforts. Tune in to find out why selfishness in a voluntary society is good.  Sponsors: American Gold Exchange Our dealer for precious metals & the exclusive dealer of Real Power Family silver rounds (which we finally got in!!!). Get your first, or next bullion order from American Gold Exchange like we do. Tell them the Real Power Family sent you! Click on this link to get a FREE Starters Guide. Or Click Here to order our new Real Power Family silver rounds. 1 Troy Oz 99.99% Fine Silver Abolish Property Taxes in Ohio: www.AxOHTax.com  Get more information about abolishing all property taxes in Ohio. Our Links: www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)

Homeownership has been baked into the American Dream for nearly a century. Politicians, parents, and banks all tell you the same thing: “Buy a house as soon as you can. It's your biggest asset.” But as a real estate guy who actually understands how wealth is created… I'm not convinced it makes sense for everyone—especially early in your career. Let me explain. Say you finally start making some real money—maybe you're a doctor fresh out of residency. The cultural script kicks in immediately: Buy a house. Build equity. Feel responsible. But here's the part most people forget: your primary home is not an asset. As Robert Kiyosaki puts it, if something takes money out of your pocket, it's not an asset—it's a liability. According to Bankrate and the Census Bureau, U.S. homeowners spend around $17,000 per year just to maintain and operate their homes—and that's before you make a single mortgage payment. That's property taxes, insurance, utilities, landscaping, repair bills, HOA fees… the list goes on. If your house is worth $1.5M, even the bare-minimum 1% annual maintenance rule hits you with $15,000 a year just to keep the place from deteriorating. Add insurance, taxes, utilities, and everything else, and you're looking at $30,000–$40,000 per year in unavoidable, non-negotiable carrying costs. And that still doesn't cover the roof that fails, the appliances that die, or the curveballs Mother Nature throws at you. None of that feels like an “asset” to me. Now, to be fair, people don't usually buy homes as investments. They buy them for stability, a place to raise kids, a sense of being “settled.” It's emotional. It's psychological. And it's real. But if you're young—and especially if you haven't hit your first million—it's worth asking yourself a tough question: Is buying a home right now the best financial move… or just the most familiar one? Because historically, U.S. home prices appreciate around 4.3% a year (Case-Shiller). Meanwhile, the S&P 500 averages closer to 10%. And if you’re in real estate investing? A solid multifamily value-add deal often targets 16–20% IRR—plus tax advantages your primary home will never give you. So if you're just getting started, it might make sense to delay that home purchase. Invest first. Build your passive income. Let your assets—not your salary—pay for your lifestyle. Then when you do buy a home, you'll be doing it from a position of strength, not strain. The irony is this: waiting often gets you to the dream home faster because your capital compounds instead of being trapped in drywall, windows, and a backyard you barely have time to enjoy. This Week on Wealth Formula Podcast, I interview expert Dr. Ken Johnson, who digs even deeper into this question—and lays out why homeownership isn't the golden ticket people think it is, especially for high earners early in their wealth-building years. Linked mentioned: Beracha and Johnson Housing Ranking Index: https://www.ares.org/page/beracha-johnson-housing-ranking-index Waller, Weeks and Johnson Rental Index: https://www.ares.org/page/waller-weeks-johnson-rental-index Price-to-Rent Ratio Report: https://therealestateinitiative.com/price-to-rent-ratios/ Top 100 Housing Markets – Inflation Adjusted: https://therealestateinitiative.com/housing-top-100/ Learn more about Dr. Ken Johnson: https://olemiss.edu/profiles/khjohns3

Nithya Raman is the consummate L.A. American Dream story, the first south Asian and Asian American female ever elected to the L.A. City Council. The first “outsider” to defeat an incumbent in two decades, her approach to fixing what else Los Angeles is anything but status quo. Shaped by her world view and grasp of urban planning, we discussed her origin, story and vision for the future of Los Angeles.

At 22 years old, Eugene Kang bought a tiny jerky business from an 80-year-old butcher he met on a road trip. It was doing about $500K a year and relied entirely on private-label production. Over the next fourteen years, he rebuilt everything — the brand, the manufacturing, the product strategy — transforming it into Archer, one of the fastest-growing companies in meat snacks. From navigating USDA operations as a first-time founder, to unlocking national retail doors through a licensed Sriracha SKU that flipped early “no's” into “yeses”, Eugene grew Archer into a projected $500M brand by 2026, with 90% YoY growth in 2024. In this conversation, he breaks down the operational grind, the rebrand from Country Archer to Archer, and how sticks became the engine behind one of the biggest category expansions in modern snacking. Make sure to check out Archer at: https://archerjerky.com/   Check out my new book on Amazon: https://amzn.to/4kRKGTX Register for Starting Small Summit 2026: https://startingsmallmedia.org/startingsmallsummit Watch our mini-doc - Starting Small: The Raw Truth Behind Entrepreneurship and the American Dream: https://youtu.be/eHuq93wIxs0?si=eDB-ycngvWNapRLO Visit Starting Small Media: https://startingsmallmedia.org/ Subscribe to exclusive Starting Small emails: https://startingsmallmedia.org/newsletter-signup   Follow Starting Small: Instagram: https://www.instagram.com/startingsmallpod/ Facebook: https://www.facebook.com/Startingsmallpod/?modal=admin_todo_tour LinkedIn: http://linkedin.com/in/cameronnagle

Actor Billy Crudup joins Dana and David for a lively conversation about his expansive stage and screen career — from unforgettable theater experiences (including a few horror stories) to the highs of live performance. They dig into his edgy role on The Morning Show and his upcoming film Jay Kelly (starring alongside Adam Sandler and George Clooney). Plus, the trio takes a detour to unpack the meaning of the American Dream and debate the best Westerns ever made — no, not the hotel chain. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

If you think the American Dream is dead, then you probably don't know the story of Lu Zhang. Born in Mongolia and educated in China, Zhang came to Stanford as a graduate student, struck it rich as a young tech entrepreneur and is now managing partner of her own early-stage venture fund. In our conversation, Zhang makes a compelling case for why Silicon Valley remains the world's most important innovation ecosystem—even as she warns that restrictive immigration policies threaten to strangle the very talent pipeline that made her remarkable success possible. She's bullish on AI, bearish on energy infrastructure, and refreshingly candid about the capital market bubble that everyone in tech pretends doesn't exist. So does Zhang really exist or is she a bot designed to promote the American Dream? She says she's real. I believe her. Do you? This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

LightSpeed VT: https://www.lightspeedvt.com/ Dropping Bombs Podcast: https://www.droppingbombs.com/ In this unfiltered Dropping Bombs episode, Carlos Reyes—illegal immigrant turned serial entrepreneur with 25 businesses (7 grossing 7 figures)—reveals why the biggest generational business transfer in Mexican-American history is happening RIGHT NOW. After quitting a 14-year corporate job, Carlos scaled a real estate empire generating consistent 6 figures monthly across multiple markets, then launched Empresarios—the movement unplugging entrepreneurs from limiting beliefs and cultural programming.   Hear Carlos's journey: spending $160K on personal development in one year, why ignorance—not racism—is the real enemy, and the prison story that proves Latino unity is unstoppable. Learn the frameworks behind building multiple 7-figure companies and why businesses need NEW strategies to scale. If you're ready to own your piece of the American Dream and break free from the matrix, this conversation destroys every excuse holding you back.  

What happens when the machinery of war is turned loose on the home front? In this episode of Built to Divide, host Dimitrius Lynch traces how the end of World War II, the GI Bill, and federal housing policy combined to build the largest middle-class expansion in U.S. history—while quietly deepening racial and economic division.Beginning with the surrender in Tokyo Bay and the massive demobilization of Operation Magic Carpet, Lynch follows millions of returning veterans back to a country racing to answer a simple question: Where will they all live? The answer reshaped the nation. FHA and VA loans, the rise of Fannie Mae, and the secondary mortgage market drove homeownership from 43% to nearly 62% by 1960, cementing the single-family house as the centerpiece of the American Dream.But this “great reset” came with a price. Lynch unpacks how zoning laws, redlining, racial covenants, and underwriting standards drew hard lines around who could belong in postwar suburbia. He contrasts the inclusive vision of Case Study Houses and Eichler Homes with the mass-produced segregation of Levittown, where black families were explicitly barred and violence met the first to cross the color line.From John Dean's warning about homeownership “booby traps” to the weaponization of media by business elites like Henry Regnery, this episode reveals how corporate interests used patriotism, racial fear, and Cold War anxiety to roll back New Deal gains and reframe government as the enemy. Along the way, Lynch explores how Fannie Mae's privatization, the birth of American Express credit cards, and the cultural glorification of the nuclear family turned housing into a speculative asset, a consumption engine, and a source of isolation.We end in Roseto, Pennsylvania, where a community's disappearing social bonds literally changed its heart attack rates—proof that how we house ourselves shapes how we live, connect, and survive.If you want to understand how postwar housing policy, suburbanization, zoning, media, and finance fused into a system that still determines who gets stability and who gets left behind, this episode shows how the board was reset—and who it was reset for.Episode Extras - Photos, videos, sources and links to additional content found during research. Episode Credits:Production in collaboration with Gābl MediaWritten & Executive Produced by Dimitrius LynchAudio Engineering and Sound Design by Jeff Alvarez

In this episode of the Be Wealthy Podcast, Brett Tanner sits down with real estate investor and mortgage expert Josh Mettle to unpack the real truth about building wealth in today's economic environment.Josh shares his journey from buying single-family rentals with little cash flow, to scaling into large multifamily assets, and ultimately becoming a sophisticated investor who understands inflation, risk, and long-term wealth creation.This powerful conversation dives deep into the realities of today's housing market, what actually creates financial freedom, and why many investors get stuck chasing low-return, high-friction strategies. Josh also reveals how he shifted from hustling “for cash flow” to building a portfolio that compounds safely, sustainably, and with far less stress.

Alma Ohene-Opare grew up in Ghana during military coups, famine, and dictatorship. He watched his mother build schools and a university from nothing. He lost five dogs to DDT poisoning at age 6. He made a pinhole camera because a physics book told him to — and then realized he could never develop the film because the resources simply didn't exist.That moment broke something in him… and lit a fire that burned until he finally touched American soil.In this nearly 3-hour conversation, Alma explains:- Why America is the only place on earth where you can wake up with an idea and have a working prototype by sundown - Why socialism always contains “a teaspoon of dog poop” no matter how good it smells - Why true justice can only come from God, not government - How his mother educated over 10,000 kids with the motto: “We train leaders, others train the rest” - The day he took the oath of citizenship and finally put his hand over his heart during the national anthem after 18 years of waiting - Standing at the exact spot where Charlie Kirk was assassinated and what it means for all of usThis is not political talking points. This is raw gratitude from a man who knows exactly what the alternative looks like.If you've ever taken your American privilege for granted — watch this. If you have kids who think the American Dream is dead — make them watch this. If you're tired of the noise and just want to hear truth spoken with love — this episode is for you.Alma's book: “A Vision of Greatness: An Immigrant's Unyielding Pursuit of the American Dream” – Link: https://www.amazon.com/dp/B0DDF5BLJ4/?bestFormat=true&k=my%20american%20privilege%20book&ref_=nb_sb_ss_w_scx-ent-bk-ww_k0_1_22_de&crid=MQRO7V0MRYS4&sprefix=my%20american%20privilage%20Connect With Alma! Youtube: www.youtube.com/@UC-JXKDg4ow2-ND0nFYj_pYw TikTok, IG, Facebook: @willfulpositivityConnect With Micah!Youtube: www.youtube.com/@UCbDRG3_xrVcBHEGnr_0psyw IG: @micahgoodman @americas.podcastsTimestamps:00:00 – Intro & How We Met 04:30 – Born in Ghana Right After Famine & Military Coups 15:45 – The Legend of Flight Lieutenant Jerry John Rawlings 28:10 – Growing Up With 7 Dogs, Ducks, Sheep & Massive Responsibility 37:00 – The Day 5 of His Dogs Died (age 6) 44:20 – His Mother's Insane Legacy (Built a University From Nothing) 53:30 – Teaching Ezekiel “Ziggy” Ansah in 6th Grade → Drafted #5 Overall by Detroit Lions 1:03:00 – The Photo That Changed His Life Forever (Dad Touching a Dolphin) 1:12:00 – The Pinhole Camera That Broke His Heart 1:23:00 – Why America Freed Him From “Mental Slavery” 1:35:00 – Socialism = A Teaspoon of Dog Poop in Your Favorite Meal 1:52:00 – Why It's Impossible to Be Christian and Socialist 2:10:00 – Becoming a U.S. Citizen After 18 Years 2:25:00 – Standing at the Spot Where Charlie Kirk Was Assassinated 2:40:00 – Final Message to Young AmericansIf this moved you, share it with someone who needs to hear it.

Send us a textJeff and Scott talk with Justin Schein. They discuss Justin's newest film, and the issues and questions it brings up. Justin's newest film is Death and Taxes, which "is a feature documentary about wealth, inequality and the American Dream, viewed through the lens of the estate tax and the very personal story of a father and son at odds over what kind of inheritance we want to leave our kids and our country." Learn more about the film here: https://www.deathandtaxesfilm.com/. 

We all know about the broken American Dream. But according to the American-based China scholar Minxin Pei, China's dream is equally broken. In his new book, The Broken China Dream, Pie argues that the party-centric reforms of both Deng Xiaoping and Xi Jinping have, by definition, revived totalitarianism. So while he does acknowledge some material achievements of the communist revolution, Pei is ultimately skeptical of its long-term benefit to the Chinese people. The party is the problem, Pei suggests. It has broken the Chinese dream. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Josh Smith is a family man, outdoorsman, and the big chief behind Montana Knife Company (MKC). MKC takes pride in a lifelong relationship with their customers to ensure their knives will be passed down for generations. They are committed to giving back to our veterans, communities & the conservation of wild game, its habitat & hunting access. Josh and Matthew dive into Josh's origin story, and how he took the leap from building knives from his garage to building a booming business with nearly one hundred employees.  Find Matt at: Instagram:@montanaknifecompany Youtube: @montanaknifecompany Website: www.montanaknifecompany.com Find Matthew at: Instagram: @thebowyercollective        Youtube: @thebowyercollective  Website: www.thebowyercollective.com Follow this week's Kill Call guest, Luke Tabor on Instagram: @borntokillcollective  Do you have a 2025 traditional archery story to tell? Write us at thebowyercollective@gmail.com Keep this podcast on the radio waves. Support our show partners: Organic Archery Bow Building School- Use discount code “bowyer” to save 10% off your tuition https://www.organicarchery.com/ Polite But Dangerous Tools- Use discount code “bowyer” to save 10% off orders. https://politebutdangeroustools.square.site/ Vuni Gear- Use discount code “bowyer15” to save 15% off your order. https://vunigear.com/ Bear Archery - Use code “bowyer10” to save 10% www.beararchry.com Safari Tuff - Use discount code “bowyerpod10” to save 10% www.safarituff.com Arrow 6 Coffee - Use discount code BOWYER15 to save 15% off coffee and merch. www.arrow6coffeeco.com  Selway Archery www.selwayarcheryproducts.com Nukem Hunting - Use discount code “Bowyer20” to save 20%.  www.nukemhunting.com The Generalist Program| SISU Strong - Use code “Songdog20” to save 20% https://app.acuityscheduling.com/catalog/7de19181/?productId=704169&clearCart=true

In this episode, Elaine Parker and Eric Eggers break down the real causes behind America’s worsening housing crisis and debate the controversial push for 50-year mortgages as a solution. They explore the historical roots of the affordability problem, how environmental and zoning regulations restrict new housing supply, and why a growing number of Americans now view long-term debt and delayed homeownership as normal. The discussion also tackles the impact of immigration, regulatory barriers, and entrenched special interests on rising home prices. Elaine and Eric go deeper into the economic consequences of sky-high housing costs and highlight innovative policy ideas that could expand access to homeownership for working families. If you’re looking to understand the future of the housing market, the debate over mortgage reform, or how the U.S. can rebuild a path to the American Dream, this episode offers a clear and compelling breakdown.See omnystudio.com/listener for privacy information.

On this episode of The Federalist Radio Hour, Doug DeVos, businessman and chair of the National Constitution Center, joins Federalist Senior Elections Correspondent Matt Kittle to analyze the state of the American Dream and discuss what it will take to return to the nation's founding principles.Read DeVos' book Believe!: A Timeless Endorsement of American Principles here.If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.   

In this episode of The Authority Company Podcast, Joe Pardavila sits down with Rosemary Everton, author of Maid in America: A Journey of Resilience, Determination, and the American Dream. Her story begins on a small Delaware farm and leads to building a thriving cleaning company that now employs hundreds. Along the way, she overcame teenage motherhood, personal loss, and countless setbacks through faith, hard work, and grit. Rose-mary shares how a letter she wrote about returning to school caught the attention of President George H.W. Bush, why she believes success comes down to focus and effort, and what she's learned from over 50 years of marriage and entrepreneurship. Rosemary's journey is proof that the American dream still lives—if you're willing to work for it.

Lets talk about it

This episode sponsored by Matson Money LightSpeed VT: https://www.lightspeedvt.com/ Dropping Bombs Podcast: https://www.droppingbombs.com/ Mark Matson joins Dropping Bombs to ask a hard question: are you investing—or gambling with your future? Founder/CEO of $12B Matson Money and author of Experiencing the American Dream, Mark tears down the myths of stock-picking, timing, and guru worship. He shows how evidence-based, rules-driven portfolios align money to purpose so you can build wealth without guessing.   Mark drops practical insights on reframing money relationships through his "Matson Method"—a powerful, purpose-driven approach to investing. He shares why "hard work alone" isn't enough, the dangers of emotional investing, and how to protect principal in volatile markets. For anyone skeptical of financial "experts," this is your guide to real preservation and growth—no hype, just proven steps from a 6x national bestseller.

Air Week: December 1-7, 2025 R&B Car Songs The juke is jumpin’ with records focusing on classic R&B songs about cars. The automobile is a “road tested” symbol of the American Dream. We have all this land and the car gives us the freedom to get from one place to another. We’ll dig on some tunes about Cadillacs, Buicks, Mercurys and Model Ts. Chuck Berry, who made his early career on youth-oriented car songs will make a few appearances. Plus, musicologists Billy Vera and Steve Propes drop by the “Juke In The Back” to make their cases that the first rock n’ roll song might have been about a car. So grab your keys and prepare to be taken for a ride on this week’s “Juke In The Back” with Matt The Cat. LISTEN BELOW

Gen X nostalgia meets economic reality. We talk with Bulwark Capital's Zach Abraham about whether the “good old days” were actually better, why housing is so expensive for Millennials and Gen Z, how government policies and 0% interest rates warped the market, and what today's culture shift means for the American Dream.Schedule your free Know Your Risk Portfolio Review, and subscribe to Zach's Daily Market Recap at https://KnowYourRiskPodcast.com

Leigh Brown pulls back the curtain on the headlines shaping America's housing crisis. From 50-year mortgages and exploding insurance costs to hedge funds, foreign land ownership, and eroding property rights, she breaks down what's really driving prices and why "solutions" from banks and politicians might be making things worse. If you're serious about homeownership, investing, or just keeping the American Dream alive, this Real Talk is a must-listen.   Key takeaways to listen for Why a 50-year mortgage boosts demand and pushes prices up, not down How cheap-payment culture traps buyers in long-term debt The real impact of exploding insurance premiums and reinsurance costs How hedge funds and corporate owners shape today's housing market Why property rights are quietly shifting and what that means for homeowners   Resources mentioned in this episode Under All Is The Land - YouTube National Association of REALTORS® USAspending   Connect with Leigh Please subscribe to this podcast on your favorite podcast app at https://pod.link/1153262163, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.  

[REBROADCAST FROM November 7, 2025] The new play 'Queens' follows a group of women spanning multiple generations, living in an illegal basement apartment as they hustle for the American dream, until a young Ukrainian woman looking for her mother forces them to face the difficult choices they made to survive. Actors Anna Chlumsky and Marin Ireland talk about the show, alongside playwright Martyna Majok.

Zohran Mamdani wins the New York City Mayor's race , Marjorie Taylor Green splits from Trump, Schumer and Jefferies punch to their left and Trump wages war on everyone . As the divisions in both major parties begin to crack, we're reposting our 2022 interview with Prof. Noam Chomsky about the dramatic shift to the far right in American politics beginning with the 1972 presidential election. Happy Fall Holidays! -------------Republicans go to war . . . Democrats go to brunch!The past 50 years have seen a dramatic shift to the far-right in American politics.  On the heels of the 1972 McGovern debacle, the Democrats all but abandoned their New Deal heritage and moved swiftly to a stronger pro-business position and embraced Neo-Liberalism.  They abandoned class politics and giving priority to workers and the poor and instead have embraced ID politics and wokeness.  As the Republicans stole elections and Supreme Court seats, gerrymandered congressional districts, packed the courts, and ran scorched-earth campaigns at every level, the Democrats have offered a timid resistance at best.In this fantastic interview, Noam Chomsky gives us a history and analysis of the evolution of the Democrats from the party of FDR to a party that's Republican-Lite.  We discussed the Carter campaign, the Trilateral Commission, the DLC and the Clintons, Obama, Democratic hawkishness, and other factors in the Democratic retreat from progressive ideas, all while the GOP waged an open and ruthless war on workers, non-whites, women, and others.Don't miss this important interview with the world's greatest living intellectual. Bio//Professor Chomsky is an American linguist, political philosopher, social critic and political activist. He is Institute Professor Emeritus in the Department of Linguistics and Philosophy at MIT and Laureate Professor of Linguistics and Haury Chair in the Program in Environment and Social Justice at the University of Arizona. He is the author of scores of books, including American Power and the New Mandarins, Towards a New Cold War, Necessary Illusions, Hegemony or Survival, Failed States: The Abuse of Power and the Assault on Democracy and Requiem for the American Dream. -----------------------------------------

In this inspiring episode of Mirror Talk: Soulful Conversations, Tobi sits down with Lori Pappas, a pioneer, humanitarian and author whose life reflects true courage, deep resilience and the beauty of transformation. From being one of the first female computer sales reps in the world to becoming an award-winning entrepreneur, Lori's early years were filled with trailblazing breakthroughs. Yet even after achieving what many describe as the American Dream, she discovered that purpose is far more profound than success.Her journey eventually led her to found the Global Team for Local Initiatives and relocate to Ethiopia, where her humanitarian work has touched more than 100,000 lives. In her book The Magic of Yes, she teaches the DREAM framework, a transformational guide for reconnecting with inner wisdom and living in alignment with the truth of who you are.Together, Tobi and Lori explore themes of personal growth, intuition, love, spirituality and the constant unfolding of purpose. Lori also shares her beautiful story of finding love at 67 and reflects on how nature, presence and spiritual practice nourish her calling to serve.This episode is perfect for listeners seeking clarity, empowerment and a deeper connection to the wisdom within.What You Will LearnHow to define yourself by who you are rather than what you doWhy challenges often become gateways into deeper wisdomThe power of reflection in cultivating self-awarenessThe meaning of living in alignment with your valuesWhat Lori learned about love and vulnerability in later lifeWhy saying yes to life opens doors to transformationEpisode Chapters00:00 Introduction to Resilience and Transformation02:50 Self-Reflection and Personal Growth05:38 Navigating Challenges as a Female Pioneer08:18 Knowing Your Worth10:53 Finding Purpose Beyond Success13:35 The Role of Reflection in Gaining Wisdom22:18 Overcoming Noise and Baggage23:41 The DREAM Framework Explained27:50 Living in Alignment30:36 The Magic of Yes: Embracing Life34:42 Finding Love at 6741:48 The Value of Relationships42:38 Practicing Presence and MindfulnessWho is Lori Pappas?Lori Pappas is a pioneer, humanitarian, and author whose life reflects the power of resilience and reinvention. In her 20s, she became one of the first female computer sales reps in the world, later becoming an award-winning entrepreneur. After discovering that retirement did not bring fulfilment, she founded the Global Team for Local Initiatives and moved to Ethiopia, where her work has touched more than 100,000 lives. Her reflections and wisdom inspired her book, The Magic of Yes and the transformational DREAM framework that guides individuals to embrace their inner wise woman.Website: loripappas.com Listen on your favourite podcast platform: ⁠https://lnkfi.re/mirrortalk⁠Don't forget to subscribe, rate, share, and comment. Thank you!CONFESSIONS is now available: https://mirrortalkpodcast.com/confessions-book/ Thank you for joining me on this MIRROR TALK podcast journey. Please subscribe to any platform and remember to leave a review and rating.Stay connected: https://linktr.ee/mirrortalkpodcast More inspiring episodes and show notes are here: https://mirrortalkpodcast.com/podcast-episodes/ Your opinions, thoughts, suggestions, and comments are important to us. Please share them here: https://mirrortalkpodcast.com/your-opinion-matters/ Could you support us by becoming a Patreon? Please consider subscribing to one or more of our offerings at http://patreon.com/MirrorTalk All proceeds will help enhance the quality of our work and outreach, enabling us to serve you better.We use and trust these podcasting tools, software, and gear. We've partnered with amazing platforms to give our Mirror Talk community exclusive deals and discounts: https://mirrortalkpodcast.com/mirror-talks-recommended-podcasting-tools-exclusive-discounts/ 

Stijn Schmitz welcomes Christopher Whalen to the show. Christopher Whalen is an Investment Banker, Author, and Chairman Whalen Global Advisors. The discussion centers on the current economic landscape, with a particular focus on gold, monetary policy, and the future of the global financial system. Whalen argues that the world is in the early stages of a gold up-cycle, primarily driven by central banks increasingly adopting gold as a key reserve asset. He emphasizes that while the US dollar remains crucial for global trade, its dominance is gradually shifting. Whalen provides insights into the current economic challenges, highlighting inflation as a significant concern. He suggests that the federal deficit and monetary expansion are primary drivers of economic instability. The conversation explores the potential for alternative monetary approaches, including gold-linked bonds and revaluing gold stocks, though Whalen remains skeptical about a complete return to a gold standard. Regarding global currency dynamics, Whalen believes the BRICS settlement currency and attempts to challenge the US dollar’s supremacy are unlikely to succeed in the near term. He argues that the dollar’s utility in financing transactions and its widespread acceptance make it difficult to replace. However, he anticipates a gradual decline in the dollar’s global share, moving towards a more multilateral system reminiscent of the pre-World War II era. On investment strategies, Whalen recommends diversification, particularly advocating for 10-20% of portfolios to be allocated to gold. He is cautious about current equity markets, especially tech stocks driven by artificial intelligence hype. The banking sector presents mixed prospects, with consumer banking relatively stable but commercial real estate posing significant challenges. Ultimately, Whalen remains optimistic about the United States’ economic potential. He believes the country’s natural resources, economic flexibility, and inherent strengths will help manage current financial challenges. The discussion concludes with a nuanced view of economic transformation, suggesting adaptation rather than catastrophic decline. Timestamps: 00:00:00 – Introduction 00:00:54 – Gold’s Long-Term Cycle 00:01:21 – Central Banks Buying Gold 00:03:13 – Inflation and AI Hype 00:05:44 – Monetary Inflation Defined 00:07:04 – Metals as Safe Havens 00:11:13 – Commodity Supercycle Thesis 00:13:03 – Treasury Debt Issuance Strategy 00:15:44 – Gold-Linked Bonds Proposal 00:19:12 – Gold Remonetization Incentives 00:21:36 – BRICS Currency Challenge 00:26:56 – Outgrowing US Debt 00:32:41 – Equities in Inflation 00:36:26 – Banking Sector Health 00:38:32 – Concluding Thoughts Guest Links: Website: https://www.rcwhalen.com/ X: https://x.com/rcwhalen Books (Amazon): https://tinyurl.com/mv3wctcr LinkedIn: https://www.linkedin.com/in/rcwhalen/ Over three decades, Chris has worked as an author, financial professional, and journalist in Washington, New York, and London. After graduating, he served under Rep. Jack Kemp (R-NY) at the House Republican Conference Committee. In 1993, he was the first journalist to report on secret FOMC minutes concealed by Alan Greenspan. His career included roles at the Federal Reserve Bank of New York, Bear Stearns & Co., Prudential Securities, Tangent Capital, and Carrington Mortgage Holdings. Christopher holds a B.A. in History from Villanova University. He is the author of three books: “Ford Men: From Inspiration to Enterprise” (2017), published by Laissez Faire Books; “Inflated: How Money and Debt Built the American Dream” (2010) by John Wiley & Sons; and co-author of “Financial Stability: Fraud, Confidence & the Wealth of Nations,” also with Wiley. He served on FINRA’s Economic Advisory Committee from 2011 to 2023 and was an advisor on Season 5 of SHOWTIME's “Billions.” Additionally, he was a fellow at Indiana State University (2008-2014), a member of Villanova School of Business' Finance Department Advisory Council (2013-2016), and a board member of the Global Interdependence Center (2017-2019). Christopher edits The Institutional Risk Analyst and contributes to other publications and forums. He has testified before Congress, the SEC, and FDIC. A regular media commentator on CNBC, Bloomberg, and Fox News, Chris is active on social media under “rcwhalen.” He is also a member of The Mortgage Bankers Association and The Lotos Club of New York.

When Michael Jacobson took over his uncle's barely-profitable flower shop in 2018, many saw a sinking business — he saw potential. Through a mix of technology, obsessive customer care, and operational discipline, he turned what was doing roughly $600K a year into a $9.5M+ powerhouse. Today, French Florist isn't just surviving — it's preparing to scale nationally through franchise expansion. In this episode, Michael walks us through the behind-the-scenes rebuild: from modernizing outdated systems, rethinking margins, and making flowers a product people rely on, to proving that even a flower shop can be built like a high-growth business. Make sure to check out French Florist at https://www.frenchflorist.com/   Check out my new book on Amazon: https://amzn.to/4kRKGTX Register for Starting Small Summit 2026: https://startingsmallmedia.org/startingsmallsummit Watch our mini-doc - Starting Small: The Raw Truth Behind Entrepreneurship and the American Dream: https://youtu.be/eHuq93wIxs0?si=eDB-ycngvWNapRLO Visit Starting Small Media: https://startingsmallmedia.org/ Subscribe to exclusive Starting Small emails: https://startingsmallmedia.org/newsletter-signup   Follow Starting Small: Instagram: https://www.instagram.com/startingsmallpod/ Facebook: https://www.facebook.com/Startingsmallpod/?modal=admin_todo_tour LinkedIn: http://linkedin.com/in/cameronnagle   Thank you to this episodes mid-break sponsor, Suri. a sleek, travel-friendly sonic brush that delivers 33,000 vibrations a minute for a deep clean, has plant-based heads you can recycle for free, and now comes with a UV-C charging case that wipes out 99.9% of bacteria at the touch of a button. Brush better. Help the planet. And skip the landfill guilty-conscience — because SURI treats your teeth like the everyday essential they are. Explore it now at https://www.trysuri.com/en-us

⏱️ Timestamps0:07 – What's your futures trading tip of the week?0:09 – The new AI company to watch0:20 – Google AI takeover — is Nvidia under threat?0:48 – Bitcoin buy price0:50 – MicroStrategy's worst 5-month streak since adopting the Bitcoin strategy — sell now or buy of a lifetime?0:55 – If I'm 33 and gave up on buying a home, what should my new “American Dream” be?1:06:00 – China–Taiwan–Japan tensions1:13:00 – Should I put $1M into QQQI or SPYI and live off the dividends?1:15:00 – How to stay disciplined during down markets when targets don't hit1:22:00 – Should you dollar-cost average or wait for drops?1:29:00 – Novo's epic fall1:36:00 – Dogecoin failure + U.S. national debt crisisThis week on Market Mondays, we covered everything from futures trading plays to the newest AI company threatening Google and Nvidia's dominance. We broke down the real Bitcoin buy levels, MicroStrategy's worst 5-month streak ever, and whether this is a red flag or the buying opportunity of a lifetime. We also discussed what the “American Dream” should look like today if homeownership feels out of reach, and whether dropping $1M into QQQI or SPYI for monthly dividend income is a smart path to financial freedom. Plus, we examined global tensions between China, Taiwan, and Japan, and the impact these conflicts could have on markets in the coming years.We also dove deep into investor psychology — how to stay disciplined when targets don't hit, how to avoid FOMO during red markets, and whether to dollar-cost average or wait for pullbacks in 2025. We covered Novo's epic fall, Dogecoin's collapse, and the growing national debt crisis that could reshape investor strategy for the next decade. If you missed this one, it's a must-watch for anyone serious about building wealth in a chaotic economy.Market Mondays Black Friday Deal (Limited to First 50): https://marketmondaysdeal.com#MarketMondays #EarnYourLeisure #Investing #Bitcoin #Stocks #Nvidia #GoogleAI #ETFs #DividendInvesting #WealthBuilding #Crypto #MSTR #Finance #EYLOur Sponsors:* Check out Square: https://square.com/go/eylSupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

DML sits down with Keith Gross, a legal analyst, pilot, and former Assistant State Attorney and prosecutor for the State of Florida, who also served in the Montana National Guard. Gross is the author of Dirt Roads to Runways: Defending the American Dream for the Next Generation. In this episode, they break down the rampant fraud plaguing SNAP benefits across the United States, how the system is being abused, and what it means for taxpayers and hardworking Americans.

ERK chats with BRITTANY SNOW and the pair waste no time at all bonding over their shared love of BUFFY THE VAMPIRE SLAYER, filming THE HUNTING WIVES S2, exploring Brittany's evolution as a child actor on TV shows like AMERICAN DREAMS, directing PARACHUTE, comparing SEX AND THE CITY vs. THE HUNTNG WIVES protagonists, reviving JOHN TUCKER MUST DIE, and more. Host: Evan Ross KatzProducer: Sophia AsmuthCHAPTERS(00:00) Intro(4:10) Buffy the Vampire Slayer, WB, early 2000s TV(9:22) The Hunting Wives Season 2(13:30) Career trajectory, mental health(28:00) Sophie vs. Carrie Bradshaw, unlikeable protagonists(34:20) The Beast in Me(38:30) John Tucker Must DieShow links: Evan Ross Katz on Instagram https://www.instagram.com/evanrosskatz/Watch the podcast: https://www.youtube.com/@ShutUpEvanSee acast.com/privacy for privacy and opt-out information. Hosted on Acast. See acast.com/privacy for more information.

Author Diane Alisa just wanted her kids to have what she didn't: freedom to roam, community, and a childhood that doesn't require a minivan. Somewhere along the way, she realized the suburban dream itself might be the problem. Today, she and Chuck dig into what the Suburban Experiment cost us — and what comes next. Additional Show Notes Want to hear more from Diane? Check out her episode on The Bottom-Up Revolution! “Love Letter to Suburbia: How to Restore the American Village” by Diane Alisa Diane Alisa (Instagram) Chuck Marohn (Substack)   This podcast is made possible by Strong Towns members. Click here to learn more about membership.

0:30 - BLM on shootings by Chicago Theater Friday night 16:40 - How a City Dies 38:47 - MTG fare the well 01:02:39 - Trump/Mamdani meeting 01:22:40 - Visiting fellow at The Heritage Foundation, Steven Bucci, on the proposed Russia-Ukraine peace plan: “It smells like capitulation.” 01:44:42 - Chris Whalen, Chairman of Whalen Global Advisors and editor of The Institutional Risk Analyst, on the affordability crisis and where Bitcoin is headed. Check out Chris’ most recent book Inflated: Money, Debt and the American Dream – 2nd Edition 02:03:07 - Former Chicago Police Lt. John Garrido on the weekend Loop shootings: the missing resource was the snap curfew ordinance the mayor vetoed. John is also President of the Garrido Stray Rescue Foundation – garridostrayrescue.org 02:21:29 - Joseph Bottum, visiting chair in conservative thought and policy at University of Colorado's Benson Center for the Study of Western Civilization, on his look to see if college kids can read - “I want to weep for academia”See omnystudio.com/listener for privacy information.

Mark Kohler, M.PR.A., C.P.A., J.D., is a highly respected Founding and Senior Partner at KKOS Lawyers, specializing in tax, legal, wealth, estate, and asset protection planning. With a reputation as a YouTube personality, best-selling author, and national speaker, Kohler is dedicated to guiding clients through complex legal and financial landscapes to achieve their American Dream. He also serves as the co-founder and Board Member of the Directed IRA Trust Company and has launched the Main Street Certified Tax Advisor Program to train CPAs and Enrolled Agents nationwide. As the co-host of The Main Street Business Podcast and The Directed IRA Podcast, he simplifies intricate topics like legal and tax strategy, asset protection, retirement, investing, and wealth growth. Mark Kohler's commitment to helping entrepreneurs and small business owners attain success and financial security has made him a trusted expert in the field, benefiting countless individuals and businesses in navigating the financial and business world with confidence. Connect with Jon Dwoskin: Twitter: @jdwoskin Facebook: https://www.facebook.com/jonathan.dwoskin Instagram: https://www.instagram.com/thejondwoskinexperience/ Website: https://jondwoskin.com/LinkedIn: https://www.linkedin.com/in/jondwoskin/ Email: jon@jondwoskin.com Get Jon's Book: The Think Big Movement: Grow your business big. Very Big!   Connect with Mark Kohler: Website: https://markjkohler.com/ X: https://twitter.com/markkohler Instagram: https://www.instagram.com/markjkohler/ LinkedIn: https://www.linkedin.com/in/markjkohler/ Facebook: https://www.facebook.com/markkohler/                                                                                       *E – explicit language may be used in this podcast.  

“When the youth speak, Washington listens—or crumbles.” Join us as we break down the shocking shift in youth politics with Mark Mitchell of Rasmussen Reports. From Trump's unprecedented Gen Z approval spike to the plummet in months, we uncover why under-40 voters are demanding arrests, accountability, and systemic change.

What's the first step in building wealth? How do we know if we're on track financially? What does abundance look like? Motley Fool contributor Rich Lumelleau talks with Matson Money Founder and CEO Mark Matson, author of Experiencing The American Dream: How to Invest Your Time, Energy, and Money to Create an Extraordinary Life.   Host: Rich Lumelleau  Guest: Mark Matson Producer: Bart Shannon, Mac Greer Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode Learn more about your ad choices. Visit megaphone.fm/adchoices

In this thought-provoking episode of Politics By Faith, Mike Slater dives into the heart of a timeless question: What is the American Dream? Exploring its historical roots and modern interpretations, Mike unpacks how this concept has shaped the nation's identity and values. Drawing from biblical principles, he examines whether the pursuit of prosperity, freedom, and opportunity aligns with a faith-driven life. Through engaging stories and insights from key historical figures, Mike challenges us to redefine the American Dream in a way that honors spiritual purpose. This is part two of a two-part episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this thought-provoking episode of Politics By Faith, Mike Slater dives into the heart of a timeless question: What is the American Dream? Exploring its historical roots and modern interpretations, Mike unpacks how this concept has shaped the nation's identity and values. Drawing from biblical principles, he examines whether the pursuit of prosperity, freedom, and opportunity aligns with a faith-driven life. Through engaging stories and insights from key historical figures, Mike challenges us to redefine the American Dream in a way that honors spiritual purpose. This is part two of a two-part episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

They were both Georgetown University graduates who had quit their well-paying Washington, DC, jobs to pursue a bike trip around the world, looking for a different kind of American Dream. Pieced together from Jay and Lauren's Simply Cycling travel blog and social media posts, interviews with their friends and family, and media coverage of their murder, author William Elliott Hazelgrove creates a complete, narrative retelling of Jay and Lauren's story. Evil on the Roof of the World combines biking and travel adventure with true crime elements, sensitively presenting the trajectory of Jay and Lauren's hopeful beginnings; the difficulties and meaningful experiences they found on their journey; the foreshadowing leading up to the attack; and the way they, their loved ones, the media, and the perpetrators made sense of this violent encounter. William will join us to share the story of a couple who went off the grid to find the great adventure of life only to have it end in tragedy.Become a Parshall Partner: http://moodyradio.org/donateto/inthemarket/partnersSee omnystudio.com/listener for privacy information.

In this episode, Scott Becker reflects on perseverance, seizing opportunity, and why the American Dream remains alive despite economic and societal challenges.

In this thought-provoking episode of Politics By Faith, Mike Slater dives into the heart of a timeless question: What is the American Dream? Exploring its historical roots and modern interpretations, Mike unpacks how this concept has shaped the nation's identity and values. Drawing from biblical principles, he examines whether the pursuit of prosperity, freedom, and opportunity aligns with a faith-driven life. Through engaging stories and insights from key historical figures, Mike challenges us to redefine the American Dream in a way that honors spiritual purpose. This is part one of a two-part episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this thought-provoking episode of Politics By Faith, Mike Slater dives into the heart of a timeless question: What is the American Dream? Exploring its historical roots and modern interpretations, Mike unpacks how this concept has shaped the nation's identity and values. Drawing from biblical principles, he examines whether the pursuit of prosperity, freedom, and opportunity aligns with a faith-driven life. Through engaging stories and insights from key historical figures, Mike challenges us to redefine the American Dream in a way that honors spiritual purpose. This is part one of a two-part episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Addressing America's housing crisis with Housing and Urban Development Secretary Scott Turner Check Out Our Partners: ExpressVPN: Secure your online data TODAY by visiting https://www.expressvpn.com/BENNY Patriot Mobile: Go to https://www.PatriotMobile.com/Benny and get A FREE MONTH 120Life: “120/Life is a natural drink that supports healthy blood pressure. See better numbers in 2 weeks or your money back by saving 20% with code BENNY at http://www.120life.com/ ” Shopify: Sign up for your $1 per month trial: http://shopify.com/benny Learn more about your ad choices. Visit podcastchoices.com/adchoices

Property taxes are a complete scam, and it's time to eliminate them. Schools get busted for allowing boys to compete in girls' sports. Adam Guillette joins to discuss. NYC Mayor-elect Zohran Mamdani said he won't comply with American laws, but he will follow international ones. President Trump calls out two fake news reporters. Matthew Marsden and Auron MacIntyre join the show.    ► Subscribe to Sara Gonzales Unfiltered! https://www.youtube.com/@SaraGonzalesUnfiltered?sub_confirmation=1    Today's Sponsors:   ►Relief Factor  Visit https://www.relieffactor.com or call 1-800-4-Relief to try the three-week QuickStart today.   ► Craftco Premium  Buy online at https://www.flyingacespirits.com/ and use code BLAZE for free shipping.   ► Beam Organics  Go to https://www.shopbeam.com/SARAG and use code SARAG to get up to 50% off during Beam's Cyber Sale. Learn more about your ad choices. Visit megaphone.fm/adchoices

"NO LIMITS: FROM THE PROJECTS TO THE PEAK OF POWER" Follow us on all our social platforms @GrantCardone In this powerhouse episode of The Cardone Zone, Grant brings you two extraordinary stories of ascent from nothing to the top of the business world—real-life proof that your beginnings don't determine your finish line. First, Grant sits down with a real-estate force who went from $600 in his pocket to managing a $4 BILLION development pipeline. He breaks down the mindset shift that took him from pumping gas and cleaning dental offices to building Angel's Landing, one of the boldest developments in downtown Los Angeles.  His message is clear: Cash flow beats net worth. Money should work harder than you do. Action destroys excuses. His journey—from a childhood shaped by the struggles of the segregation era to sitting at the table with Senators, bankers, and decision-makers by age 26—proves that the American Dream belongs to anyone willing to hustle, learn, and never quit. Then Grant welcomes Lloyd Blankfein, former CEO of Goldman Sachs, a man who helped generate over half a trillion dollars in revenue during his run. But instead of a privileged Wall Street origin story, Lloyd reveals the truth: He grew up in Brooklyn public housing, hustling from age 13—selling popcorn at Yankee Stadium, delivering prescriptions, tutoring for $1.50 an hour—all fueled by one thing: escaping poverty. His parents worked blue-collar jobs, and the motivation of "no choice but to succeed" pushed him from a tough NYC school to Harvard on a scholarship, and eventually to the top of global finance. Lloyd shares what it was like sitting across from titans like Bezos, Musk, and the world's most powerful financial players—proving that ambition, discipline, and refusing to stay stuck can take you from the projects to the pinnacle of power. This episode is pure jet fuel for anyone ready to stop making excuses and start making moves. Follow us on all social platforms @GrantCardone for more episodes, insights, and real-world strategies to elevate your life and income.