Episode 23: What Should You Do with Your Cash?

Financial Independence: A Better Perspective

Sisällön tarjoaa Mark Lauber, Lance Edwards, and Randy Luebke. Mark Lauber, Lance Edwards, and Randy Luebke tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

1+ y ago 28:23

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Financial Independence: A Better Perspective is a new podcast hosted by Lance Edwards, bestselling author of “How To Make Big Money in Small Apartments,” and Randy Luebke, Founder of Lifetime Paradigm, Inc., an organization dedicated to helping clients to and through their retirement by fixing broken retirement plans, putting them back on track and making up for both lost time and insufficient savings. In this episode, Lance and Randy talk about a perfect topic for a new year – mindset and what it takes to overcome doubts and procrastination and get started on achieving your long-range goals.

What you’ll learn in this episode:

Investment options are in flux right now. Interest rates on typical investments have been at an all-time low for the last 12 years, and many people have their retirement funds in cash. Due to the fed raising interest rates on borrowed money, many investment options are improving -- in many cases dramatically. This trend may only last a year or so. To take advantage of the changing economic environment, check out this podcast.

Highlights from the interview:

01:32 Are you sitting on cash with nowhere to put it? Lance reveals where he puts his money.

02:40 Cash is King! Randy explains why.

04:18 For the last 12 years, CDs have only been providing about a 0% interest rate. Is that changing?

04:59 The “yield curve” is defined.

07:55 Where can you get 4.5% interest in a safe investment in three months? Randy reveals! (hint: treasurydirect.gov)

15:56 While rates are higher now than they’ve been for CDs, are there disadvantages to investing in CDs?

17:25 Lance explains self-directed IRAs and elaborates on the pros and cons.

20:06 Randy expands on the benefits of self-directed IRAs.

24:22 Randy asks Lance if we are in a buyer’s or seller’s real estate market and segues to the next episode.

Resources:

· Go to www.LanceEdwards.com to learn more about Lance and his investments.

· Sign up for Randy’s newsletter at www.LifetimeParadigm.com and learn about Randy’s services.

· If you want to learn how to earn a high return on real estate investments, go to www.FreeApartmentsBook.com to receive a FREE copy of Lance’s best-selling book, How to Make Big Money in Small Apartments.

Get Randy’s FREE “The Financial Independence Toolkit” at www.LifetimeParadigm.com/toolkit

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