American Monetary Association

Jason Hartman
undefined
Nov 8, 2019 • 28min

295: Wealth Simulations & Portfolio Evaluations

Jason Hartman and Investment Counselor Doug take a look at the danger of manias, especially when it comes to investing in startup companies (like WeWork). It's easy to get caught up in rising valuations and the like, but it's also easy to lose a whole lot doing so. Jason and Doug then discuss the Wealth Simulation exercise that was held at Profits in Paradise, including lessons learned about the method of building your portfolio that will set you up for the greatest wealth. Key Takeaways: [2:22] WeWork is a great example of why you should follow Commandment 21: Thou Shalt Avoid Manias [7:17] Don't fall for the company line of how they're going to change the world. Voluntary exchange with a company changes the world on its own [10:24] Don't be fooled by the resume or the amount of money that's being pumped into a company when making investment decisions [11:57] Blogcast: Housing vs Shelter [19:22] How the Wealth Simulation exercise worked [23:23] One of the top strategies in the wealth simulation game was a mixture of linear and hybrid markets so you could take advantage of cash flow and appreciation [29:35] You don't have to have too many properties before you're at the point where you're dealing with the law of large numbers Website: www.JasonHartman.com/Properties
undefined
Oct 25, 2019 • 24min

294: Why Capitalism Triumphs in the West by Hernando de Soto

Jason Hartman talks with Hernando De Soto, founder and President of the Institute for Liberty and Democracy and author of The Mystery of Capital:, about the elements of capitalism that are most important and how property rights are absolutely essential. They also discuss the growing sentiment toward socialism in the United States and what impact that could have. Key Takeaways: [1:45] The 5 mysteries of capital [6:35] Capitalism is one of the few (if not only) systems that gives the lower classes a chance against the rich [13:07] What we do as capitalists does not translate to what we do in politics [17:53] The issue of equal opportunity for capital has to be addressed for capitalism to regain its popularity Website: www.ILD.org.pe
undefined
Oct 18, 2019 • 22min

293: Changing Asset Management & Boom Year Ahead? with Daniel Ameduri

Jason Hartman talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race. Key Takeaways: [4:02] What does Daniel mean when he tells people not to save for retirement??? [8:16] Beware financial advisers, there's more education required to be a hair stylist [12:59] Millennials should embrace the freelance economy [17:18] Daniel is seeing boom time for the next year Website: www.FutureMoneyTrends.com/Save
undefined
Oct 11, 2019 • 17min

292: Governments & Digital Currency with Institute for Global Economic Growth's Richard Rahn, Advisor to President George HW Bush & Chief Economist of US Chamber of Commerce for Ronald Reagan

Jason Hartman talks with Richard Rahn, Advisor to former President George HW Bush and Chief Economist of US Chamber of Commerce for Ronald Reagan, about his thoughts on digital currencies and whether they will ever full grab hold in the United States with the power of the government. They also discuss Richard's time in politics and why he left the White House. Key Takeaways: [1:00] When Richard started being interested in what would eventually become cryptocurrency [8:23] The government could target any one of us because most people are committing crimes they don't even know about. But going after encrypted peer-to-peer transactions would be impossible [12:16] Why does Richard think Bitcoin won't be the answer? [13:29] Richard's time in the Reagan and Bush administration Website: www.IGEG.org
undefined
Oct 4, 2019 • 33min

291: USA's Continuing Economic Expansion

Jason Hartman talks with Doug about short-term debt cycles and what's going on with our economic expansion that's been happening for years. It's been going on for a long time, and at some point it's going to turn, so how do we recognize it? Key Takeaways: [2:10] The Wealth Effect in a booming economy [4:44] What precipitates the turn of the economy? [11:05] The principles that drive the stock market are the same ones that drive real estate [14:40] Can GDP growth and stock market growth have diverging rates of growth for extended periods? [19:57] The primary reason this economic expansion has gone on so long is that it hasn't been inflationary [26:16] The looming pension crisis Website: www.JasonHartman.com/Properties Invest with Sven Carlin, Ph.D.
undefined
Sep 27, 2019 • 26min

290: Cost of Complexity & the Solutions with Etienne Deffarges

In today's 10th episode, Jason Hartman talks with Etienne Deffarges, author of Untangling the USA: The Cost of Complexity & What to Do About It, about some of the most pressing issues facing the country, such as health care and our banking system. They look at what exactly is causing the issues, but don't just focus on the problems. Etienne and Jason also discuss the most important part of the problems: their solutions. Key Takeaways: [2:26] We as a society make things much more complex than we need [7:51] Etienne's solution for health care [14:04] How can we improve the world of finance? [18:15] Etienne is in favor of banks having to have a higher equity to debt requirements [21:35] With all of these problems in the world, what's the solution? Website: www.EtienneDeffarges.com
undefined
Sep 20, 2019 • 32min

289: 9 Effects & 2 Types of Inflation

Jason Hartman and Adam examine the Investopedia article referring to the 9 common effects of inflation. The 2 types of inflation (cost-push and demand-pull) are also broken down in regards to how they impact your property value and rent. Then the two examine what impact the Trade War with China could have on the markets properties are available in. If production from overseas come back to the United States, where are we likely to see the impact? Key Takeaways: [3:40] The 9 common effects of inflation [8:36] The land value is the one that's susceptible to big swings in value [12:10] Cost-push versus demand-pull inflation [15:19] How the Trade War could create cost-push inflation in the linear markets we're investing in [18:34] If China ever manages to create a middle class they're going to have to deal with a new set of issues, which might make them an inopportune producer [23:21] When labor shortages hit construction it can make it incredibly expensive to build a house and retain the workers needed [28:00] Once the Trade War has ended, look at what job sectors are going to be impacted most and adjust your investing strategy accordingly Website: www.JasonHartman.com/Ask www.JasonHartman.com/Properties 9 Common Effects of Inflation on Investopedia
undefined
Sep 13, 2019 • 24min

288: How Tariffs Are Impacting Our Economic with ITR Economics' Taylor St Germain

After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven't spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come. Key Takeaways: [1:04] Are lower interest rates good news for cyclical markets or are they just too overpriced? [5:31] The rise in wages has helped the economy but it's not changing the overall trend or forecasts [9:29] Why are housing starts so important? [14:34] ITR's concerns with the tariffs currently being put in place [18:50] More tariffs could potentially put us in a recession, so be very careful if we see more coming Website: www.ITREconomics.com
undefined
Sep 1, 2019 • 31min

286: How Fannie Mae & Freddie Mac Influence Housing Prices

Jason Hartman and Adam today break down a video about how Fannie Mae and Freddie Mac influence the housing market in the United States. While their publicly stated goal is to make housing in the country more affordable, are they really doing that? Listen in to find out. Key Takeaways: [1:19] Fannie Mae Going Away? [3:39] The idea that we need a high home ownership rate is a false idea [8:11] How Fannie Mae props up the housing market [12:53] Fannie & Freddie have a stated goal of making housing more affordable, but they don't do that at all [22:24] If you're investing for yield rather than capital gains, the price of the house has much less importance [25:30] The importance of sustainable investing Website: www.JasonHartman.com/Properties How Fannie & Freddie Prop Up America's Favorite Mortgage by Wall Street Journal
undefined
Aug 23, 2019 • 30min

285: Where First Time Buyers Are Buying

Jason Hartman and Investment Counselor Carrie take a look at some of the prime markets where first time buyers are looking to buy, with several of them being markets his network is currently selling properties. Then the two look into some responses from listeners about some personal information they shared before coming to Meet the Masters as Jason tries to learn more about his friends. Key Takeaways: [1:34] Where first time buyers are looking to buy [5:11] Terminology that Jason thinks needs to be used [8:22] Tampa made the list of places people are looking to live, and it's also a market Jason's group is looking at potentially going into [14:29] The Millennial Struggle House and Home Blogcast [20:04] Some responses from the Meet the Masters question about some interesting facts about attendees [24:15] What life lesson Jason learned from his mom when learning to fly Website: www.JasonHartman.com/Properties

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app