Fri, 29 March 2019
In this off-topic 10th episode, Jason Hartman talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they've been coddled too much or if we've just learned how to better communicate with them.
[4:30] How do you rate a country's happiness?
[6:57] There's only one thing that predicts happiness levels on a national level
[11:16] The hazards of social media on happiness
[13:18] Lessons learned from Tal's barber
[18:48] How to praise people properly to encourage growth
[21:37] If you don't teach people to face reality then you're setting them up for failure
[25:01] The first step toward happiness is, surprisingly, allowing in unhappiness
Fri, 22 March 2019
Jason Hartman talks with client Ira Boyd about his journey in real estate investing. Ira started off purchasing properties on his own, with some success but not as much as he'd hoped. After he found Jason's network, however, he's gotten in much better properties and is up to 12 investment properties and his personal residence. Ira discusses how live events aided his journey, where he sees his future in real estate investing, and what areas he thinks he needs to work on.
[2:16] It's almost better not to see the property, because then you're buying based on intellect and not emotion
[5:34] Meet the Masters gave Ira the traction he needed to start investing through Jason's network
[8:44] Ira can't stress enough how much you need to go to an event and how helpful it will be
[13:12] Ira's plan for his portfolio
[17:08] Ira's policy on rent increases needs work
Fri, 15 March 2019
Jason Hartman welcomes Lisa Tomita, a client with 4 properties who has recently decided to self-manage two of her properties. Jason and Lisa discuss the ups and downs of investing and how self-managing has turned Lisa into a more empowered investor ready to deal with all the bumps along the way as she moves closer to her financial independence.
[4:04] Lisa's tenant saved her $200 because of the relationship they've developed
[8:53] Lisa recently quit her job so she could focus full time on real estate
[12:58] Self-managing has made Lisa feel more empowered and learned
[17:23] One of Lisa's deals that hasn't gone well broke 4 of Jason's 10 commandments
[23:58] Income property is so durable it's like the self-healing asset
Fri, 1 March 2019
Jason Hartman talks with Dan Amerman, CFA and author of books such as Mortgage Securities and Collateralized Mortgage Obligations: Unlock The Secrets Of Mortgage Derivatives, about how a heavy handed Fed has changed how inflation and housing have correlate to each other, why the Fed reacts to quickly, what the Fed is setting interest rates up to do, and much more.
[3:46] The Federal Reserve is getting more heavy handed as years go by, and hints of a coming recession could lead to more intervention
[8:40] Housing tracked inflation better than gold until the Federal Reserve got real heavy handed after 2001
[13:29] The Fed reacts too quickly to things
[15:08] Dan's prediction of where interest rates are about to head
[20:52] Certain Fed actions and yield curve inversions seem to have a correlation
[24:26] The 2 ways to look at inflation
[27:48] The self-liquidating debt