Real Estate Riches?

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2 • 680 Ratings

🗓️ 24 May 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Real estate speculators discover that leverage can cut both ways. Plus, we discuss the real estate gurus and the more likely source of their wealth. Listeners wonder: What do we think of artificial intelligence? How much small cap is appropriate for a portfolio? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:34.9	Reality radio for a really great future.
0:38.0	We're talking real money.
0:40.6	Well, today we're really going to be talking real live money, really big money.
0:47.1	Now, one of our pet peeves somehow seems a little weak to say pet peeves.
0:55.4	One of our greatest annoyances are gurus.
1:00.2	People who are going to teach you how to do something amazing that will make you massive amounts of money in no time whatsoever.
1:13.2	Remember back in the day, this will date a lot of you?
1:20.4	Remember a guy named Carlton Sheets? Sold real estate courses on late night television or the McCorkran family. Well, they went to prison. And who can forget our really great friend, Robert Kiyosaki, again, teaching you how to get rich,
1:32.0	how to make a lot of money. Well, these people are all over the place. And lately, a lot of these
1:37.9	gurus have been telling their acolytes to syndicate real estate, to go out and buy big bunches of real estate, and thanks to the
1:49.1	SEC, loosening the rules, Tom, they can then sell it to their buddies. And, you know, the wonderful
1:55.5	thing about these deals is the wonderful thing about Tiggers. The wonderful thing about these
2:00.2	deals is that they work right up until they don't.
	...

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