4.4 • 1.1K Ratings
🗓️ 24 June 2024
⏱️ 17 minutes
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0:00.0 | Hey everybody happy summer welcome |
0:07.2 | welcome in to your show this is our Q&A episode where we answer your |
0:11.0 | questions about the economy what's going on real estate investing |
0:14.5 | precious metals what's going on with the broader |
0:17.8 | CPI data right now inflation all of that so if you have any questions go over to |
0:22.3 | our website go to Morris |
0:23.6 | invest.com click on the right side of your screen there's a microphone |
0:26.7 | icon there and you can leave us a voicemail question. So you know it's kind of the |
0:31.0 | dog days of summer right now we're watching what the Fed is going to do with rate cuts a little bit later this year. |
0:36.9 | That, of course, will mean a decline in the US dollar. |
0:39.7 | That will mean people dumping US treasuries because it will be unattractive and therefore we will see a rise |
0:45.8 | intangible assets like gold and silver because people do not want to hold US treasuries |
0:52.0 | if they are slashing the rates of these |
0:54.2 | treasuries. So that's what we will see come later this year and the Fed is in |
0:58.1 | quite a pickle. So let's dive into it. Let's ask our first question today. I |
1:02.0 | think this one is from Ray. Ray take it away. |
1:04.8 | Yes, hi Clayton, this is Ray. I live in Michigan and my wife is one who will not |
1:12.3 | invest anything and I keep telling we just can't hold money that holding money is not going to do as any good. |
1:18.0 | I don't know how to get her to do anything with money, but I'm I do all the investing and I don't have |
1:27.7 | when he for a one can I'm on business and I do have a house with equity |
1:31.8 | in it I was wondering where do I start? I've never done this before and I've got 20 grand wrapped up in a stock right now and |
1:44.8 | Some extra money laying around but I want to do something and I want to want to be able to retire sometime |
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