The Great Home Debate

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5 • 811 Ratings

🗓️ 22 January 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today's podcast, we present more evidence showing it may be subssrantially cheaper to rent a home than to buy one. However, the equation changes when you factor in emotions. Plus, how much money do you need to be wealthy? Do shares an example of why buying a new cars is a financial mistake? A listener asks: What should be done with an old whole life policy purchased by parents for an adult child? Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

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0:00.0	Reality Radio for a really great future.
0:08.1	We're talking real money.
0:14.6	Reality radio for a really great future.
0:21.8	We're talking real money.
0:24.5	Oh, yeah.
0:25.9	It's another exciting edition of the Talking Real Money podcast.
0:28.5	Don McDonald here in Florida, where it does get chilly in the winter.
0:34.3	I'm wearing my vest.
0:36.0	It looks very silly being in central Florida wearing a vest.
0:39.7	60s.
0:40.7	And it's a cold, it's a wet cold.
0:44.4	So there.
0:45.3	Over there in Seattle where, oh yeah, that's right, it's a wet cold there too, isn't it?
0:49.6	And a lot older.
0:50.1	Basically for only eight months a year, nine months.
0:53.1	Is that all?
0:53.8	Oh.
0:54.5	Well, now with expanding summers.
0:57.2	That's a good question.
0:58.6	Because winter is miserable there.
1:00.8	And it has lived up to its name here the last few weeks.
1:04.1	It rains.
	...

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