1097: Q&A: How Can I Use an Old 401k to Invest? - Episode 1097
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.4 • 1.1K Ratings
🗓️ 21 October 2024
⏱️ 18 minutes
🧾️ Download transcript
Summary
On this encore episode of Investing in Real Estate, we're going to talk about the future of the US dollar and how it relates to real estate investing. Then I'll answer three of your great questions about investing with an old 401k, UBIT taxes for self-directed IRAs, and how to make a return on investment if you don't have enough funds to buy a rental property. Click play to hear more!
Transcript
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| 0:00.0 | Hey true crime fans, tired of ads interrupting your gripping investigations. |
| 0:04.5 | Good news. With Amazon Music, you have access to the largest catalogue of ad-free top podcasts |
| 0:10.3 | included with your Prime membership. After all, ads shouldn't be the scariest thing about true crime. |
| 0:16.0 | To start listening, download the Amazon music app for free |
| 0:19.0 | or go to Amazon.co. UK slash ad-free podcasts. That's Amazon. That's Amazon. |
| 0:23.4 | That's Amazon. |
| 0:24.4 | K.k. |
| 0:25.0 | UK slash ad-free podcasts |
| 0:27.0 | to catch up on the latest episodes without the ads. Guys, we are witnessing the de-dollarization of the US dollar as a world's |
| 0:39.9 | reserve currency. Now, you can sit back and say that's just fear that's not |
| 0:44.2 | actually happening or you can prepare your family because all of the signs are |
| 0:48.4 | there that that's precisely exactly what's happening when heck |
| 0:51.6 | CNN is running articles and doing news segments |
| 0:55.1 | about the devaluing of the US dollar and the reserve status of the US dollar as |
| 1:00.0 | collapsing you know things are different when CNN is even acknowledging this problem. |
| 1:05.5 | So when you have Kenya now being able to settle oil transactions in their own Kenyan shilling, |
| 1:10.4 | when you have countries are able to settle oil transactions in the Chinese |
| 1:14.0 | you want moving away from the dollar to settle oil transactions and when that |
| 1:18.7 | only gets stronger and bigger and bigger when the Chinese and the Saudi Arabians |
| 1:23.2 | solidify that new trading transaction |
| 1:26.2 | away from the US dollar. |
| 1:28.1 | You're not putting that genie back in the bottle. |
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