Get Rich Education
285: Your Pandemic Investing Strategy & Mindset
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:38:40
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Sinopsis
Unemployment is rising. Mortgage rates hit record lows two weeks ago. Stocks have fallen 32% from recent highs. Oil has fallen with a thud. Your life has changed in order to control the spread of the novel coronavirus. (**The entire episode transcript is below. You can read along as you listen.) Fannie Mae, Freddie Mac, and HUD have suspended foreclosures and evictions for at least 60 days. This could soon be extended to a year. The IRS tax filing deadline moved from April 15th to July 15th. There are opportunities for you today that you’ve never considered before. Recessions are normal. They occur every 7 years on average. In three of the last five recessions, real estate values appreciated. Consider drawing against your HELOC before it’s frozen. Bill Gates’ epidemic prediction audio clip played. Stocks: the bull market died of coronavirus. I discuss my recent chats with national Mortgage Loan Officers. Good news? Shelter-in-place means you might have the time with your family that you’ve always wanted. __