Get Rich Education

46: The Money That You Didn’t Know You Had (Archives)

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Synopsis

#46: You’re likely putting a lot of your money at risk right now, and that same money is achieving zero rate of return.   Subscribe on Apple Podcasts so you never miss an episode.   Listen to this week’s show and learn:   01:01  How Keith got the financial ability to get into so many investments at a young age.   03:07  Risk-free return vs. return-free risk.   05:41  Today, what you thought was “right-side up” in the world, could turn “upside-down.”   08:08  Why are you investing in a vehicle that could never go up in value, but could only go down?   09:45  Would you rather be debt-free or financially free?   12:48  Home equity is: 1) Unsafe, 2) Illiquid, and 3) has zero rate of return. Home equity is one of the worst “investments” you can make.   17:01  “Equity transfers” can enhance your rate of return.   21:14  It’s sad that some borrowers make extra mortgage principal payments without understanding what they’re doing.   23:38  30-year vs. 15-year mortgage loans. Keith tells you whi