The Craziest Housing Market Ever (EP.245)
Animal Spirits Podcast
The Compound
4.7 ⢠2.1K Ratings
šļø 23 February 2022
ā±ļø 45 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
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| 0:00.0 | Today's animal spurts is brought to you by ground floor, the well-tech platform that allows everyone to build the wealth through real estate. |
| 0:06.2 | Ben and I talked to ground floor CEO a couple of times now about how they generate interest through their real estate debt loans. |
| 0:12.6 | But since then, they've also created a new app called stairs, Ben, you're using stairs. |
| 0:16.8 | I'm a stairs holder where you can get four to six percent interest and withdraw at any time without any fees. |
| 0:23.5 | Please check them out at groundfloor.com or download the stairs app for iOS or Android. |
| 0:31.9 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:36.5 | Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching. |
| 0:42.7 | Michael Batnik and Ben Carlson work for Ritholds Wealth Management. |
| 0:46.3 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of Ritholds Wealth Management. |
| 0:53.7 | This podcast is for informational purposes only and should not be relied upon for investment decisions. |
| 0:58.6 | Clients of Ritholds Wealth Management may maintain positions in the securities discussed in this podcast. |
| 1:04.1 | Michael, I had any piphony over the weekend a little bit. |
| 1:06.8 | Oh yeah? |
| 1:07.3 | It just, just kind of a, oh wow, like this whole growth stock sell-off in the stock market |
| 1:15.0 | is really starting to feel very real for how long it's gone on for. |
| 1:19.9 | And I was just the length, right, the length of time. |
| 1:23.9 | Oh, it's real. |
| 1:25.7 | So I was writing a piece and kind of trying to compare it, you know, I think everyone compares everything now to that. |
| 1:31.4 | Dot-com period for tech stocks because of the, everything got so crazy and people wanted to be like that. |
| 1:36.2 | It's, we're not there from in terms of like the rise up never got there. |
| 1:41.3 | So I looked, the NASDAQ from 95 to 99 was up 41% per year. |
| 1:47.0 | It's like almost 500% in total. |
... |
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