559: Barry Habib: Where the Economy Is Headed—and What Investors Need to Know
About this episode
Barry Habib discusses the current state of the economy and what investors should consider in a changing market.
The stock market is sitting at or near all-time highs again. And what happens? People rush in. It's called FEAR OF MISSING OUT. Now compare that to what's happening in real estate. In many markets—especially multifamily—we've seen 30–40% price corrections from just 3–4 years ago. Our investor club has been buying, but most investors are sitting on the sidelines. Why? Because investments are the only things people don't naturally gravitate toward when they're on sale. When TVs go on sale, people line up. When stocks or real estate go on sale, people get nervous. I've quoted him a million times, but I'll do it again. Warren Buffett said it best: "Be fearful when others are greedy, and greedy when others are fearful." Simple in theory. Very hard in practice. Now, to be clear—this doesn't mean there's no risk. Rates may stay a bit elevated in the near term. Geopolitical issues, including the situation with Iran, can keep pressure on yields. But when you zoom out, there is a growing body of data suggesting that over the next 2–3 years, we are likely moving into a declining rate environment. And that's what matters. Because you don't invest today for tomorrow. You invest today for…
More episodes of Wealth Formula Podcast
- 562: The Next Real Estate Boom Is Taking Shape
- 561: Where Are Mortgage Rates Headed?
- 560: A Cash Management System That Will Make You Millions
- 558: Bitcoin's Rise as Collateral in Traditional Finance
- 557: The Legal Structure That Can Make—or Quietly Destroy—Your Wealth
- 556: Investing in Movies?
Explore listener stats, chart rankings, contacts and more on the Wealth Formula Podcast podcast page.