586. Why Equity In Your Home Is The WORST Place For Equity To Be
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 21 February 2022
⏱️ 14 minutes
🧾️ Download transcript
Summary
What should you do with the equity in your home now that we have this exploding market? I'm a big fan of income producing properties, but I'm not a fan of saying that homeownership is an investment. At the end of the day, homeownership is a convenience, not something that's making you money. I explain how you can practice smart lending techniques, put your money in a low fee index fund, and sit back and watch that home equity grow. Tune in to learn more about how to get the most out of homeownership.
IN THIS EPISODE, WE TALK ABOUT:
- Why you should be making financial moves with the equity in your home
- The average appreciation of homes
- Two responsible borrowing guidelines
- What investing in low fee index funds looks like
RESOURCES
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.
CONNECT WITH CHRIS
Instagram: @chriswharder
Website: https://chrisharder.me
Transcript
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| 0:00.0 | Equity in your home is the worst place for equity to be. It needs to be out working for you. |
| 0:04.1 | I call them unused soldiers, right? Every dollar that you have in your home is an unused soldier that |
| 0:09.3 | could be out there working for you. Welcome everybody to the Chris Harder show where we are making |
| 0:17.7 | you unapologetic about your pursuit of success. Knowing that when good people like you make good |
| 0:22.4 | money, they can then do great things. My name is Chris Harder and several times per week, |
| 0:27.2 | I will bring you epic guests, solo episodes, and every single tool trick and skill set you need |
| 0:32.3 | to grow your business, grow your money mindset, and to grow your wealth to levels that you have never |
| 0:37.0 | reached before. I've ended up in a unique place in life where I've got the experience, the |
| 0:41.1 | connections, and all of the secrets that it takes to be successful. And I'm lifting the curtain |
| 0:46.3 | to reveal it all to you in an effort to help put you in a position of abundance so great that you |
| 0:51.6 | can then be as generous as possible. So let's lock arms and let's get started. |
| 1:01.9 | Hey everybody, welcome back to the Chris Harder show where we absolutely believe that both |
| 1:05.5 | prosperity and generosity can and must coexist before I teach you a little bit about what to do |
| 1:11.4 | with the equity in your home now that we have this exploding market. I wanted to remind you that you |
| 1:15.4 | can get a positive money mantra or a positive business perspective from me personally text to you |
| 1:20.8 | every single morning as you're waking up so that you can control what type of lenses you want to |
| 1:25.6 | see the day through. Do you want to see them through an abundant set of lenses or do you want to see |
| 1:29.2 | them through whatever set of lenses you happen to wake up groggy with. I choose abundant. That's |
| 1:33.5 | why I wake my wife up to a mantra every single day. So if you want me to text you like I do thousands |
| 1:38.0 | and thousands of you right now of personalized money mantra text or positive business perspective |
| 1:43.6 | text, then all you have to do is text me the word daily to 3 1 0 4 2 1 0 4 1 6. I'm not kidding, |
| 1:50.3 | literally hit pause on this episode right now. Text me the word daily so I know how to put you on |
... |
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