It’s Mailbag Day! We are back with one of our rare episodes where we answer questions from our listeners. Join us as we dive into selected three questions from our mailbag: whether annuities make more sense today because interest rates are a little higher, how to determine whether your financial plan is actually working for you and whether we should be concerned about the stock market.
Show Notes
[03:22] Annuities – Grant starts the conversation by discussing the types of annuities.
[08:52] Interest rates - Grant explains why he thinks that higher interest rates don’t make annuities more attractive than before.
[15:18] Financial plans – Grant explains the importance of revisiting the plans you previously made to make sure they are suitable for the current changes in your life.
[20:16] The Confidence - To have a successful financial plan everybody in your house should feel confident about where you are heading and what you are doing.
[31:22] Shorting the Market – Grant shares his idea of Michael Burry shorting the market.
Resources
Experts say you shouldn't consider your home an investment, but I disagree for 5 reasons
businessinsider.com/personal-finance/reasons-consider-home-an-investment-2021-11
Is a primary home an investment or just a predictable place to live?
themortgagereports.com/49267/is-a-primary-home-an-investment
Topic No. 701, Sale of Your Home