Rich Habits Podcast cover image

Rich Habits Podcast

Q&A: Stuck in a Real Estate Investment, 3X Leverage ETFs, & HELOCs to Invest

Jun 13, 2024
This episode of the podcast covers a range of financial topics such as return assumptions, adding Bitcoin to Roth IRA, Section 121 tax exclusion, HELOCs for investing, leveraged ETFs, and selling investment properties. The hosts provide insights on investment strategies, tax advantages, passive income, and the risks involved in financial decisions.
35:47

Podcast summary created with Snipd AI

Quick takeaways

  • Utilize a calculator with 11-12% return assumptions for effective investment planning.
  • Diversify Roth IRA investments with ETFs, Bitcoin, and Ethereum for wealth growth.

Deep dives

Investment Calculations and Assumptions

When considering investment calculations, Tom, a listener, asked about Austin's assumptions. Tom was curious about the calculations and projections used when discussing investments. Austin explained that they rely on a calculator they created to determine how much one needs to invest monthly to achieve certain financial goals. They assume returns between 11-12%, with a focus on ETFs like VGT, QQQ, Mote, and AIQ, which historically outperform. Robert added that despite common assumptions of 6-8% returns, historical data supports 10-12% returns, suggesting an aggressive investment approach for higher returns.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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