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Jill on Money with Jill Schlesinger

Should We Take Out a Mortgage?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 6 November 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Many, many people want to have the mortgage paid off as they head into retirement, but is having a mortgage in your golden years the worst thing in the world? Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Whether it's an under the radar genre or a proper out there podcast, sometimes it's better when you get weird, especially when it comes to switching up your soft drink, introducing new Dr Pepper Zero

0:12.6

with the same blend of 23 unique flavors,

0:15.4

it tastes just as weird as regular Dr Pepper,

0:18.9

but with zero sugar and zero calories.

0:21.7

It's a taste you can't quite put your finger on.

0:24.0

Weird. But in a surprisingly good way, try more weird with Dr Pepper Zero.

0:30.0

Welcome to the Jill on Money Podcast. It is Friday, November 6th and we are recording this

0:39.5

after the close of trading on Thursday. So here's what we know. We are not done with this

0:45.4

election yet, not by a long shot, but stock investors seem to be quite

0:49.7

thrilled that there was no blue wave, red wave, let's call it a it's like a purple trickle and

0:54.6

essentially this is the bet that a divided government means there won't be a lot

0:59.9

more regulation there may be a lower amount of stimulus but there won't be some

1:04.0

huge tax increase that goes through. Who knows? In the last week we've seen the

1:09.2

stock market recover all the losses that we saw in the previous week.

1:13.0

So take a deep breath.

1:14.6

We are going to get a jobs report out today.

1:16.5

It's expected that somewhere between 6 and 700,000 jobs added.

1:21.0

Anything below the September 661,000 would certainly confirm that we are seeing

1:26.8

a slowdown in job growth. The pace has been decelerating every month since June. That's

1:32.4

when the economy added 4.8 million jobs.

1:35.6

And the unemployment rate expected to be, I don't know,

1:38.0

7.5 to 8%, we'll wait to see.

...

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