Today's Flash Back Friday comes from Episode 672, originally published in
Nicole Gelinas is the author of After the Fall:Saving Capitalism From Wall Street - and Washington. She is also a contributing editor to the Manhattan Institute’s City Journal and a columnist for the NY Post and a contributing writer to the NY Times. She shares her thoughts on the personal finance strategies of the US working class, how the government is quick to hand out support to the financial industry while ignoring the voting public and why she thinks people are even considering Donald Trump in this year’s election. She acknowledges the vast Wall Street conspiracy that we indeed live in interesting times.
Key Takeaways:
[1:18] A week long property tour of the area which is considered ground zero for the real estate bust, Central Florida.
[5:39] Go to JasonHartman.com and watch the “How to Analyze a Real Estate Investment” to assist you in standardizing your data.
[8:31] The Greater Cincinnati Metro Area Property Tour and a Creating Wealth Boot Camp are coming up soon so secure your place today.
Nicole Gelinas Guest Interview:
[18:01] The voting public is fed up and trying to change the system for the better in their own imperfect way.
[23:49] Washington policymakers seem to think that whatever is good for the financial industry is good for the rest of the country.
[27:35] Is US real estate market in the middle of a boom then bust cycle?
[32:38] People should have one year’s worth of liquid assets before they invest any money in a savings plan.
[37:51] If you don’t mind taking the risk and doing the work investing in single family homes for rentals can make sense.
[41:10] Contact information for Nicole
Mentioned in This Episode:
Property Evaluator
Manhattan Institute’s City Journal
After the Fall: Saving Capitalism from Wall Street and Washington
@nicolegelinas on Twitter