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Welcome to Animal Spirits, a show about markets, life, and investing.

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

Michael Batnik and Ben Carlson work for RIT Holt's Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

and do not reflect the opinion of RIT Holt's Wealth Management.

This podcast is for informational purposes only and should not be relied upon for investment

decisions. Clients of RIT Holt's Wealth Management may maintain positions in the securities

discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. Ben, you certainly

of the two of us are the more goal oriented person, I would say. Is that fair?

That's probably fair. I have a lot of spreadsheets in my life.

How did you say for a house? Because what you were saving for a house in the 90s,

interest rates were at like six percent.

It wasn't exactly the 90s, but yes, my first interest rate in my house,

for my mortgage was 6.25% or six and a quarter, as Michael would say, in late 2007, we bought

our first home. That was basically besides my 401k, that was the only thing we saved for.

But at the time when I was buying, it wasn't as much

fanfare for housing. Guess how much I put down in my first house?

Three percent. Five percent. Twenty percent is a myth putting it out there. Anyway,

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