The Clark Howard Podcast 05.06.25 Ask An Advisor With Wes Moss
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May 6, 2025 In this session, fiduciary financial advisor Wes Moss shares his insights on homeownership as a potential investment and a safeguard against inflation. He discusses the benefits of viewing a home as a 'forced savings plan' and why it can be central to retirement wealth. Wes also introduces the '5 P's' framework to enhance discussions with financial planners, emphasizing planning goals and tax implications. Plus, he answers listener questions on smart investment strategies, including ETFs versus individual stocks. Tune in for practical financial wisdom!
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Housing as Smart Long-Term Investment
- Housing is a forced savings plan, hedge against inflation, and key for financial freedom in retirement.
- Over 10+ years, housing generally appreciates and benefits owners despite market volatility.
Buy to Hold, Not Flip Houses
- Avoid flipping houses short-term; aim to buy and hold for at least a decade.
- Buying a house remains better than renting over the long term despite high prices and interest rates.
Leverage Boosts Home Investment Returns
- Using leverage in home buying greatly amplifies returns.
- Even moderate appreciation yields high effective returns on initial down payment.