What’s In Store for 2024? Bitcoin, Home Buying, and Kiyosaki’s $1.2 billion in debt

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 5 January 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#481: Predicting the stock market is a terrible idea. But we can look at economic indicators and upcoming events to get a big-picture, 30,000-foot view of where our economy might be heading in 2024. In today’s episode, we explore what’s in store for 2024. We talk about the recent surge in Bitcoin prices, and the expected SEC approval of a Bitcoin ETF. We discuss when the Fed will lower interest rates, and the impact this might have on home buying. We talk about Robert Kiyosaki’s recent admission that he’s holding $1.2 billion in debt. And we take inventory of black swan events and election year abnormalities that might impact the flow of money. Enjoy! For more information, visit the show notes at https://affordanything.com/episode481 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	What's in store for the world of money in 2024?
0:04.0	Prediction is a dangerous word in the world of finance,
0:08.0	but we're going to take a look at what major trends,
0:11.0	big picture 30,000 foot view, we anticipate in the year ahead.
0:16.4	Welcome to the Afford Anything Podcast, the show that understands you can afford anything but not everything.
0:21.1	Every choice that you make carries a trade-off.
0:24.0	And that doesn't just apply to your money.
0:25.6	That applies to your time, your focus, your energy,
0:28.4	your attention.
0:29.0	It applies to any limited resource that you need to manage.
0:32.3	So what matters most and how do you live accordingly?
0:35.4	That is what this podcast is here to explore. My name is Paula Pant. I'm the host of the show.
0:41.6	Normally we're a weekly podcast. We come out every Wednesday is,
0:45.5	but once a month on the first Friday of the month, we air a first Friday bonus episode.
0:50.8	So welcome to the January 2024 first Friday
0:55.0	bonus episode. So what's in store for 2024? Well to kick off here's a word you
1:02.0	haven't heard in a while.
1:04.0	Bitcoin peaked in November of 2021 at $69,000,
1:10.0	but then plummeted 75% in the following months.
1:14.3	And it's now at a 21-month peak over $45,000.
1:19.3	So why?
1:20.3	Why is it that Bitcoin has had a bit of a revival? Well, there are two reasons and both of those reasons
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Paula Pant | Cumulus Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Paula Pant | Cumulus Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.