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Podcast: Talking Real Money - Investing Talk
Episode: Easy Money Isn't...
Description: Questions? Comments?This episode of Talking Real Money takes aim at the latest âeasy moneyâ illusionâhouse flippingâexplaining why rising costs, higher interest rates, softer housing demand, and plain old competition have drained much of its appeal. Tom and Don connect flippingâs decline to a familiar pattern of speculative behavior, much like day trading or past real estate manias, and reinforce why there are no reliable shortcuts to wealth. Listener calls drive a wide-ranging discussion on global diversification versus U.S.-only investing, the dangers of concentration risk in the S&P 500, how recency bias distorts performance...