Late to the Investment Game

Jill on Money with Jill Schlesinger

Audacy

Investing, Self-improvement, Education, Business

4.6 • 1.9K Ratings

🗓️ 8 August 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

I feel like I'm late to the investment game, so what should I be doing going forward in my 40s?

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0	Welcome to the Jill on Money Show, it's Tuesday, August 8th.
0:07.6	And we are here trying to help you make better financial decisions.
0:11.3	Not the best.
0:12.3	Better is fine.
0:13.6	Fine enough.
0:14.6	Come on.
0:15.6	You don't have to go crazy.
0:16.6	Sometimes we really do make ourselves insane.
0:19.0	And we try to maximize everything.
0:21.7	And it's not necessarily the case.
0:23.9	I have some musings, by the way, just in general.
0:26.7	Number one, I just said to Mark, who are you?
0:29.2	Mark, I'm going to school you, Michael.
0:31.6	I just said to Mark that I had just picked my head up and I got an email from Fannie Mae
0:37.9	and Freddie Mac.
0:38.9	And it was just about conforming loan limits.
0:41.8	And I had no idea that the level is so high.
0:45.1	So if you're in the real estate market, you may be interested to learn that the conforming
0:49.9	loan limit is $726,000, $200, $726,000, that is for one unit properties in low cost areas.
0:59.2	But if you're in a very expensive high cost area like Los Angeles, County, or Manhattan,
1:04.8	the conforming loan limit is over a million bucks.
1:07.4	Anyway, we're going to be getting some new numbers in.
	...

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