Housing Mailbag Spectacular
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 21 March 2017
⏱️ 30 minutes
🧾️ Download transcript
Summary
We’ll answer your questions related to buying a home including setting priorities, investment properties, and more.
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Transcript
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| 0:00.0 | I want to thank Audible for sponsoring today's episode of Motleyful Answers. You might want |
| 0:03.9 | to check out Ponzi Supernova. It's a six-part original series about Bernie Madoff and the $65 |
| 0:09.7 | billion fraud he pulled off. It's available on Audible channels. Listen ataudible.com |
| 0:15.6 | slash Ponzi. |
| 0:20.5 | This is Motley Full Answers. |
| 0:21.6 | I'm Alison Southwick, and I'm joined, as always, by Robert Brokamp, personal finance expert |
| 0:25.3 | here at The Motley Fool. |
| 0:27.3 | We also have special guests, Ross Anderson. |
| 0:29.7 | He's visiting from Motley Fool Wealth Management, a sister company of the Motley Fool. |
| 0:34.5 | And he's joining us because this is an all-mail bag episode. And we're focusing on mortgages and buying a home and all that fun stuff. |
| 0:42.3 | So we'll discuss whether or not buying a home is even a good idea to begin with. |
| 0:46.3 | And we'll answer your questions about using retirement accounts to buy a home, setting up priorities, etc., etc. |
| 0:51.3 | All that and more on this week's episode of Motleyful answers. Owning home is something we tend to aspire to as we grow up. It's a sign to everyone that |
| 1:00.0 | you are successfully adulting. For most people, their house is their largest expense and their |
| 1:06.6 | largest tangible asset. It's probably the biggest purchase you ever going to make in your life. |
| 1:10.0 | Kind of a big deal. So we've asked Ross Anderson, financial planner with Motley Fool |
| 1:14.0 | Wealth Management, a sister company of the Motley Fool, to join us to answer your questions |
| 1:17.7 | around home ownership. Ross, thank you for joining us. |
| 1:19.7 | Absolutely. Thank you guys for having me. Do you own a home? |
| 1:22.1 | I do. |
| 1:23.1 | Oh, great. Okay. Now, bro, if I remember correctly, when we did the fully wed game a few weeks ago, |
| 1:28.0 | your wife said that one or two houses were the worst financial decisions you two had ever made. |
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