Episode 185: Halloween Havoc 1992
Grilling JR
Podcast Heat
4.7 • 6.1K Ratings
🗓️ 27 October 2022
⏱️ 106 minutes
🧾️ Download transcript
Summary
It's Halloween Havoc 1992, which means it's Spin the Wheel, Make a Deal with Jake Roberts & Sting headlining the show from the Philadelphia Civic Center. Ron Simmons defends the WCW Title against Cactus Jack, Rick Rude challenges Masahiro Chono for the NWA title, Steve Williams & Steve Austin take on Barry Windham & Dustin Rhodes for the Tag Team titles, Nikita Koloff challenges Vader for the WCW US title, and much more!
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Transcript
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| 0:00.0 | Hey guys, listen up. I know these days when you watch the news, it feels like it's one |
| 0:03.2 | hint after another and it's all bad news for the economy. Well, let me give you some good news. |
| 0:07.8 | It's not all that bad when it comes to real estate. Let me explain. You see a year ago, |
| 0:12.0 | man real estate was hot, hot, hot. Everybody and their brother was trying to go out and buy |
| 0:17.1 | another house. What did that mean? It was so competitive that a lot of folks got discouraged. |
| 0:22.1 | So let me ask you, have you thought about buying a house in the last couple of years, but maybe |
| 0:26.5 | just couldn't win a bit. I used to hear that all the time. Well, now is the time to buy. Yes, |
| 0:32.1 | interest rates have creeped up a little bit, but what that's created is an opportunity for you. |
| 0:37.4 | A year ago, it wasn't uncommon for there to be more than a dozen offers on a home, many of which |
| 0:42.4 | were over-list. That is not the case today. So if you got discouraged once before about trying |
| 0:48.8 | to buy a new house, now's the time to take another look. Now, yes, interest rates have creeped up a |
| 0:54.0 | little bit, but you're not going to overpay for the home. But here's what you will do. You'll |
| 0:58.3 | stop throwing your money away on rent. And now you'll get a greater tax deduction. That's right. |
| 1:03.1 | You see at the end of the year, you're going to get a statement from your mortgage company that |
| 1:06.2 | shows how much interest you paid. And you get to write all of that interest off. That means you |
| 1:11.1 | could get a huge tax deduction. You never get that as a winner. Not only that, homes are still going |
| 1:16.8 | up in value. Don't believe the hype. All of the economists believe long-term realistic always |
| 1:22.8 | works out. Let me give you an example. Maybe way back when in the housing collapse of 2008, |
| 1:28.0 | you bought in 2007 and maybe overpaid. But if you hung in there, that house is worth a whole heck |
| 1:33.7 | of a lot more now. If you've played in the stock market, you know what I'm talking about. You only |
| 1:38.4 | lose money when you throw in the towel. Real estate long-term always performs well. So here's my advice |
| 1:45.3 | to you. Date the rate, marry the house. Find the house that you and your family love. Long-term, |
... |
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