We start Millionaire or Bust off with a tragic story about a local man who was killed by an SUV as he was getting into his car while picking his autistic son up from middle school in our town. We discuss some worrying issues with the way that the newspaper exposed their bank account information […]
MOB #46 - Identity Theft, Core Inflation, Fannie Mae & Freddie Mac Conservatorship [ 26:35 ] Play Now | Play in Popup | DownloadTags: Conservatorship·Fannie Mae·Freddie Mac·Identity Theft·Inflation·Overdraft Fees
This episode we examine Lisa and Ben. They are a couple that purchased duplexes as rental units in order to generate passive income. Unfortunately, they didn’t do enough due diligence prior to their purchase and ended up losing money on their rentals. Worse yet, the housing market took a downturn right before they needed to […]
Tags: Down Market·Food·Inflation·Money Saving·Rental
This episode we discussed Joshua. He’s a fictitious 25 year old who started saving and investing right out of college. In discussing his scenario, we’ll be looking at risk aversion, the power of compounding interest, inflation and bank savings accounts.
Tags: Compounding Interest·Inflation·Interest·Risk Aversion·Savings Accounts
