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- Episodes | FIRE | Investing | Q&A Episode | Retirement | The Economy
#754: Q&A: We Have $80K In Cash and Want a 1-2 Year Sabbatical. Is It Enough?
“You have this golden opportunity during these low-income years.” That’s what I told a listener who’s heading into a one-to-two-year career break with $80,000 in cash and a paid-off home. Is that enough? It depends on the one number she didn’t give us: how much she plans to spend. So Joe and I walk through…
#753: Why 60,000 New York Apartments Sit Empty in a Housing Crisis, with Kenny Burgos
In New York City, a 24-unit apartment building is listed for sale at $1.3 million, which works out to about $54,000 per apartment. Kenny Burgos represents the owners of buildings like that one, and his advice is simple: don’t buy it. The reason comes down to rent stabilization. Kenny grew up in the Bronx, raised…
- Episodes | FIRE | Q&A Episode | Real Estate | The Economy
#752: Q&A: I’m Tired of Managing My Rental Property. Should I Sell It?
“Sometimes you might make the ‘right’ decision for the wrong reason.” That’s what I told Nieves, a listener who’s deciding whether to sell rental property she bought back in 2021, a St. Louis duplex that’s gotten a lot harder to manage since she moved to Madrid for her MBA. Her tenants have started paying late….
#751: Why Self-Worth Predicts Your Income More Than Your SAT Score Does, with Marisa Franco
Marisa Franco built her career studying friendship and belonging. Her latest research pulled her somewhere unexpected: the connection between self-worth and net worth. In her data, people with high self-worth and high SAT scores earned close to double the income of people with low SAT scores. People with low self-worth showed no such pattern —…
#750: Your “Diversified” Portfolio Might Secretly Be One Big Bet on AI, with Alec Litowitz
Your S&P 500 index fund looks diversified — but Alec Litowitz says its concentration in AI stocks makes it one giant bet in disguise. Alec Litowitz joined a hedge fund with $100 million in assets and six employees. He had never made a trade in his life. That fund was Citadel, in its earliest days,…
#749: How a Blind Man and his Guide Dog Survived Sept. 11 — and What His Mindset Can Teach Us, with Michael Hingson
On September 11, 2001, Michael Hingson was on the 78th floor of the World Trade Center’s North Tower with his guide dog, Roselle, when the first plane hit. Over the next hour, they walked down 78 flights of stairs together, calm the entire way. Michael later wrote about that day in Thunder Dog, a New…
