Podcast
by
Chris Martenson
If you've not been watching our Real Estate investing webinar series, you're missing out on a wealth of learning.
Our last episode, Episode #3, received rave reviews. It was a 2-hour romp through the math involved in valuing real estate property. Russell Gray does an excellent job de-mystifying the numbers for newbies and the math-phobic, walking through the calculations and showing how virtually anyone can derive empirical answers to questions like:
- What's a fair value for this property? Is it under/overvalued?
- What's my expected return if I purchase this property?
- What are the investments can I make that will have the biggest impact on increasing my equity? Or my income?
Don't forget to register for our upcoming Episode #4, in which Russ will build on his earlier material, explaining how to secure capital for investment property, how leverage can be used (prudently, not recklessly) to increase your returns, and what tax implications (and often benefits) to expect.
Fun With Numbers
by Chris MartensonIf you've not been watching our Real Estate investing webinar series, you're missing out on a wealth of learning.
Our last episode, Episode #3, received rave reviews. It was a 2-hour romp through the math involved in valuing real estate property. Russell Gray does an excellent job de-mystifying the numbers for newbies and the math-phobic, walking through the calculations and showing how virtually anyone can derive empirical answers to questions like:
- What's a fair value for this property? Is it under/overvalued?
- What's my expected return if I purchase this property?
- What are the investments can I make that will have the biggest impact on increasing my equity? Or my income?
Don't forget to register for our upcoming Episode #4, in which Russ will build on his earlier material, explaining how to secure capital for investment property, how leverage can be used (prudently, not recklessly) to increase your returns, and what tax implications (and often benefits) to expect.
by
Chris Martenson
It's make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader.
His weekly flurry of trendline charts warn that the major indexes have been compressing in rising wedges that increasingly point to a binary outcome: either a massive new leg up that will result in the market making new all time highs, or a bad breadown that could waterfall into a 2008-style correction.
His reams of data increasingly suggest that today's global elevated asset prices are in no way justified by the fundamentals of the underlying world economies. And that someday — perhaps quite soon — a reckoning long overdue will occur.
Sven Henrich: It's Make Or Break Time For The Markets
by Chris MartensonIt's make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader.
His weekly flurry of trendline charts warn that the major indexes have been compressing in rising wedges that increasingly point to a binary outcome: either a massive new leg up that will result in the market making new all time highs, or a bad breadown that could waterfall into a 2008-style correction.
His reams of data increasingly suggest that today's global elevated asset prices are in no way justified by the fundamentals of the underlying world economies. And that someday — perhaps quite soon — a reckoning long overdue will occur.
by
Adam Taggart
In late February, Sonoma County California experienced intense flooding causing several hundred millions of dollars in damage. Fortunately loss of life was very low relative to the fires that ravaged the same region the year before.
In this week's podcast, we talk with Adam Parks, whom we've interviewed previously about sourcing and preparing sustainably-raised meat (he operates a meat CSA in Sonoma County). Adam's business in Sebastopol, CA was hit hard by the flooding, and he graciously paused his recovery efforts to give us a play-by-play account of what happened during the disaster and how Sonoma County is recovering from the floods.
This is a little different from our usual fare, but is an instructive reminder that disasters strike without warning, and that when they do, most people and businesses are caught completely unawares.
Adam Parks: Flood!
by Adam TaggartIn late February, Sonoma County California experienced intense flooding causing several hundred millions of dollars in damage. Fortunately loss of life was very low relative to the fires that ravaged the same region the year before.
In this week's podcast, we talk with Adam Parks, whom we've interviewed previously about sourcing and preparing sustainably-raised meat (he operates a meat CSA in Sonoma County). Adam's business in Sebastopol, CA was hit hard by the flooding, and he graciously paused his recovery efforts to give us a play-by-play account of what happened during the disaster and how Sonoma County is recovering from the floods.
This is a little different from our usual fare, but is an instructive reminder that disasters strike without warning, and that when they do, most people and businesses are caught completely unawares.
by
Chris Martenson
Executive Summary
- Learning how to become rich requires 'unlearning' what we're taught in school
- Clarifying the path forward
- Recommended reading for getting started on the journey
- Why investing in your continuing education is so critical at this juncture
If you have not yet read Part 1: The One True Thing, available free to all readers, please click here to read it first.
The good news in our civilization is that there’s no reason at all for you to remain parked in whatever slot you’ve been assigned or fallen into. You can break free and either move up — or even out of — the pyramid.
But first you have to understand the beliefs that keep you where you are.
As I write this I'm on the Real Estate Radio Guys annual Summit At Sea event (March 14-24), surrounded by very successful entrepreneurs and investors.
Two key themes of the conference are (1) learning how to be a successful real estate investor, and (2) unlearning all the unhelpful crap you were taught throughout your upbringing.
Learning the right things and unlearning the wrong things. Education and beliefs.
One of the more delightfully blunt faculty speakers at this event is Robert Kiyosaki (of Rich Dad, Poor Dad fame) who keeps drilling home the point that the education system is not designed to help you achieve financial freedom. Rather, it's designed to slot you into the most heavily-taxed layer of the pyramid, and then keep you there.
The “Employee” slot, no matter how well-compensated, is heavily taxed. As soon as you break out of a poverty-level paycheck you quickly escalate towards an overall combined rate of taxation of about 40%.
What if you were to learn that there were other means of making money that will legally reduce your tax rates to 20%, or even to 0%? Further, what if you learned that nearly all of the rich people are operating in these areas?
It's true. And so we learn that…. (Enroll to read more)
The Path Forward
PREVIEW by Chris MartensonExecutive Summary
- Learning how to become rich requires 'unlearning' what we're taught in school
- Clarifying the path forward
- Recommended reading for getting started on the journey
- Why investing in your continuing education is so critical at this juncture
If you have not yet read Part 1: The One True Thing, available free to all readers, please click here to read it first.
The good news in our civilization is that there’s no reason at all for you to remain parked in whatever slot you’ve been assigned or fallen into. You can break free and either move up — or even out of — the pyramid.
But first you have to understand the beliefs that keep you where you are.
As I write this I'm on the Real Estate Radio Guys annual Summit At Sea event (March 14-24), surrounded by very successful entrepreneurs and investors.
Two key themes of the conference are (1) learning how to be a successful real estate investor, and (2) unlearning all the unhelpful crap you were taught throughout your upbringing.
Learning the right things and unlearning the wrong things. Education and beliefs.
One of the more delightfully blunt faculty speakers at this event is Robert Kiyosaki (of Rich Dad, Poor Dad fame) who keeps drilling home the point that the education system is not designed to help you achieve financial freedom. Rather, it's designed to slot you into the most heavily-taxed layer of the pyramid, and then keep you there.
The “Employee” slot, no matter how well-compensated, is heavily taxed. As soon as you break out of a poverty-level paycheck you quickly escalate towards an overall combined rate of taxation of about 40%.
What if you were to learn that there were other means of making money that will legally reduce your tax rates to 20%, or even to 0%? Further, what if you learned that nearly all of the rich people are operating in these areas?
It's true. And so we learn that…. (Enroll to read more)
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