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
4.4 • 1.5K 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
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| 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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