How to Money Friday Flight - Paper Wealth, Target Date Trends, & Bye Bye Buffett #981
May 9, 2025
Explore the intriguing world of personal finance with insights on the paper wealth effect and the effectiveness of target date funds. Discover how gold is making a comeback as an investment, potentially outpacing the S&P 500. Laugh along as they dissect recent retail news from Best Buy and Walmart, while discussing the implications of shrinking living spaces. Learn about the risks of fintech banks, the future of Social Security, and the importance of estate planning amidst evolving investment trends. Plus, tips on credit repair and protecting your identity!
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Walmart's No Price Match Anecdote
- Joel shares a personal experience with Walmart's no price matching policy between online and in-store purchases.
- He contrasts this with Aldi's consumer-friendly price match approach which he prefers.
New Homes Are Shrinking
- New homes and apartments in the U.S. are shrinking in size due to high building costs and housing prices.
- Smaller homes reduce maintenance and utility costs, promoting financial flexibility and savings.
Beware Spending Home Equity
- Be cautious about increased home equity boosting spending because it is wealth mainly on paper and not very liquid.
- Know yourself to avoid borrowing or spending recklessly due to home appreciation.