AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Challenging Your Confirmation Bias, with Economist Larry Kotlikoff
Afford Anything
Wouldn't You Be Better Off Investing in the Stock Market?
4min Snip
00:00
Summary
Transcript
Episode notes
Paula, let's suppose you have a 200 thousand dollar mortgage. You would be better off putting that money into lhet's, some type of a broad market fund and holding it long term. But as a 37 year old, i would never have 200000 dollars in the long term treasury. The stock market is a very risky thing,. It's not reverting to the mean in any significant manner in terms of the statistical analysis. If they were really such a safe deal, nobody would be buying 30 year treasuries ad two and a quarter % return or two % return. So i think that's highly risky.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode