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InvestTalk

4-28-2023 – How to Make the Decision Whether to Rent or Buy

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 28 April 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

In the current real estate market, a typical renter pays about 40% less per month than a first-time homeowner.

(In the top 10 metro regions that favored renting, monthly starter homeownership costs were an average of $1,920 higher than rents.)


Today's Stocks & Topics: Economic Numbers, New Home Sales, GDP Q1, The Core Personal Consumption Expenditure (PCE), Bond Market, USB - U.S. Bancorp, Annuities, FRC - First Republic Bank, MMM - 3M Co., Stock Splits, CI - Cigna Group, Insurance Companies, BHP - BHP Group Ltd. ADR.

 

Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.



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Transcript

Click on a timestamp to play from that location

0:00.0

This is Invest Talk, independent thinking, shared success.

0:09.0

Just and client and Steve Peasley, stand ready to take your finance and investment questions

0:14.1

and share their unbiased answers.

0:17.8

Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving

0:23.2

clients throughout the United States.

0:26.0

The clarity for your path forward starts now.

0:30.4

Here is KPP Financial President, Financial Advisor, Steve Peasley.

0:36.0

Good afternoon everybody and welcome to Invest Talk, it is Friday, April 28, 2023.

0:44.7

And you know, the stock market has behaving pretty well this week, you know, this month has

0:48.6

actually been a pretty decent month, I think it's, you know, surprising.

0:52.9

You know, it only has happened in the last few days, but earnings have been pretty impressive

0:59.8

for the first quarter.

1:02.4

So we have kind of a mixed signal going on for us as to what the economy is doing, but

1:07.6

I think that's going to continue, because Federal Reserve is going to be raising rates,

1:12.4

just not a lot, but I think there, I think people are coming to a conclusion that maybe

1:17.0

they're getting close to the end of their rate raising activity.

1:23.1

And therefore maybe the market and the economy is not that bad.

1:26.7

I think we've got to have to take away and see, we're just going to have, because things

1:31.2

change, things change pretty fast.

1:34.4

I'm going to go over some of the numbers that have been reported this week, just to give

1:36.8

an idea.

1:39.0

But the business cycle, the economic cycle and the stock market cycle, you know, we're

...

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