Creating Wealth Real Estate Investing with Jason Hartman CW 1104 - Market Softening, The Peter Principle & Setting New Year Goals
Jason Hartman takes the final episode of 2018 to discuss the current market softening and what's happening in the high end housing sector. He also explains why sometimes things like a government shutdown can provide opportunities for businesses.
But the second half of the show is a challenge for you as you're setting your New Years Resolutions. Jason challenges you to sometimes do things that make your life harder, to set goals (like most of America doesn't), to write the goals down and share them with those close to you. This will help you achieve your goals and get you closer to financial independence.
Key Takeaways:
[4:03] Either the high end or the low end housing market starts faltering first during each cycle, and this time it is definitely the high end
[6:40] Everything tries to get bigger, so when the government is in session there are always new laws being put in place. So maybe the shutdown isn't the worst thing to happen
[11:03] The Peter Principle: we all reach our level of incompetence
[16:45] How Jason's mom's time as a social worker formed her political views
[19:52] Do things to make your life harder, intentionally, to challenge yourself...OCCASSIONALLY
[26:01] 80% of Americans have no goals at all
[29:06] You need to involve others in your goals
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