What to do with $10,000 - And a popping bubble
It pays to keep track of the news
What’s up Graham, it’s guys here.
This week we have two videos that are at odds with each other - but both indispensable to know in the current climate! Investing is about the long term, so no matter how much money you have, it’s about growing it so that you will have more than where you started from. I have something that will help you do exactly this, even if you are starting from an amount as low as $10,000.
But at the same time, it pays to know what’s going on in the market RIGHT NOW so that you can decide if it’s the right time to commit a huge amount to an investment… And this week, something momentous happened - the housing bubble popped!
Let’s dive in.
6.5 ways to invest $10,000
The biggest problems investors have is… getting started. But the beauty of investing is that you can get started no matter how little you have! American households have $10,000 saved on average, so let’s dive in and see how we can invest that amount - From the safest options to the ones with the potential for the highest return, you’ll get to know all the options that you have, and how to invest between them!
The housing price paradox
Housing prices have been rising steadily and home-buyers are outbidding each other, willing to even give up their firstborn child.
But…For the first time since 2008, housing prices have dropped! Why are sellers reducing prices? Is this a one-time dip or the beginning of a more disturbing trend? Have housing prices gone as high as they can… And has the bubble popped?
Let’s take a look at all the data, from Fed rate hikes to supply chain costs to rising mortgage rates to crack the mystery of whether there’s a bubble in housing - And what you should be doing if you are looking to buy a house right now.
So that’s it for my Sunday round-up. For the new folks here, in this newsletter, I give a quick recap of whatever you may have missed over the week on Sunday, and on Wednesday, I will be doing my deep-dive article on one of these topics.
See you next week with another bunch of exciting videos!
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