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Money Guy Show

Will Interest Rates Go Back Down?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 20 June 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

If you're a first-time homebuyer, you've probably been hoping for interest rates to drop soon. So what should you do if you're trying to buy that first house? We'll walk you through that question and more in today's Q&A episode! Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:15.3

All right, right.

0:16.3

Here's the next question.

0:18.0

This is from Christian.

0:20.6

This is one, I think we're getting a lot right now too.

0:24.3

If we are already contributing 25% to traditional investments, are there any issues

0:29.9

with investing in alternatives such as silver, gold or real estate?

0:35.6

So we're listening to the show, we're financial means we're saving 25%, but I want to keep

0:41.0

doing something else.

0:42.7

Can I add precious metals?

0:44.5

Can I add real estate?

0:46.2

I'm going to ask you are this heat anonymous?

0:48.9

Are there issues with any of those or things you would mention about any of those?

0:52.6

And is it okay to do or should I avoid all that stuff at all costs?

0:55.5

Well, look, I had, it's so interesting.

0:58.2

This is why I love about the financial order of operations is that we try to use that

1:02.2

25% savings goal of your gross income.

1:05.4

By the way, I had somebody going, why do they never tell us gross or net?

1:08.7

I'm telling you, it's gross.

...

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