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Q&A: $850K in SpaceX Stock, Building a Barndominium & $50K in Credit Card Debt

Rich Habits Podcast

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Navigating Home Purchase and Investment Risks

This chapter explores the financial ramifications of buying a $900,000 home with a minimal down payment, warning against the dangers of becoming 'house broke.' It also delves into investment strategies, emphasizing the importance of diversification, particularly when heavily invested in a single stock like SpaceX. The speakers provide actionable advice on reallocating investments to achieve long-term growth while managing market volatility.

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