In that role he also served as the chairman of the Federal Open
Market Committee (FOMC), which as the Fed's principal monetary policymaking committee makes decisions on
interest rates and
managing the U.S.
money supply.
Tactical Asset Management
manages stock or bond assets and can go risk off2 to cash, potentially make
money whether the stock
market goes up or down and potentially make
money with bonds as
interest rates go up or down.
Here are the Show Notes: Currently have 5 rentals and 80k of income and trying to paying off rentals because near retirement Also flips properties where the goal is 20k profit He outsources much of the work Got rentals in 2011 and regret not doing it earlier Got hammered in 2008 Got out of the
market in 2000
Interest rates are very low which is different that past times which means a good time to lock in loans, stocks are pretty high Real estate is not for everyone and might have a wrong skill set If you don't want to do the work be a hard
money flipper but only make 10 % (you need to have the
money) Don't lend to someone doing their first flip Need to hire a virtual assistant — 5 properties can
manage by self Let go of politics Marriage advice Begin with the end in mind — He already knows his legacy and just lives it Teaching kids financial principals — mindsets and habits To teach a 12 - year - old — give them
money To teach a 30 - year - old — they need to want to fix the
money problem Letting go to be happy richersoul.com