2008 Financial Crisis Archives

January 16, 2023January 15, 2023

The Great Transition of the US Housing Market

Since the pandemic began in the spring of 2020, we’ve witnessed an unparalleled explosion of price growth in all forms of housing. Until the peak in June 2022, single family home prices rose 45%. But prospective home owners weren’t the only ones biting their nails. Rents also rose over 15%, peaking in late 2022.

The culprit behind this price shock is fundamental: low supply and high demand. Today we examine the origins of these conditions and whether or not it’s a good time to buy.

September 28, 2020September 27, 2020

Mike Personick: Dirtbag Entrepreneur

Two interviews in a row?! Why the hell not? This week I am exceptionally pleased to bring you this thought-provoking interview with Mike Personick. Mike is a 5.14 rock climber, husband, dad, and former business owner. And now, like me, Mike is living the financially independent rock climber life.

In this interview we delve into the early days of Mike’s climbing in tandem with a remote job. We learn how Mike managed to become a nails-hard climber while simultaneously honing a craft that led to a breakout business, and in time, a lucrative buyout. We hear Mike’s fascinating story of meeting his future wife and traveling in Europe for a year, eventually adding a third human to the equation. Perhaps most importantly, we discuss the simple investing methods that can build financial freedom for us all, as well as the psychological challenges that can topple any kingdom.

Read this one all the way to the end. Mike delivers.

April 13, 2020April 14, 2020

Market Timing: Why It (Still) Doesn’t Work

Oh boy! Nothing like a good bear market/recession quick-slider combo to stir the simmering pot in the investing world! There’s no need for a long introduction. Let’s dive into the meat: why market timing still doesn’t work.

March 23, 2020April 3, 2020

Shocking Headlines of the 2008 Financial Crisis

(And Why They Are So Important Now)

I don’t want to talk much about the novel coronavirus today. I want to talk about money, because that is what I do here. Money may not be a priority for you and your family now amongst a spreading virus. However, I want to calmly acknowledge that the world is also facing a very real personal finance threat, one that could be far more impactful for most Americans than the virus itself (which I’m not taking lightly). Before we make rash decisions in a time of panic and hysteria, let’s examine some important headlines from the 2008 financial crisis and why those messages are so incredibly important right now.

Tag: 2008 Financial Crisis

The Great Transition of the US Housing Market

Mike Personick: Dirtbag Entrepreneur

Market Timing: Why It (Still) Doesn’t Work

Shocking Headlines of the 2008 Financial Crisis

(And Why They Are So Important Now)

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