382 | Name Your Fear, Control Your Risk
In the week's episode, Brad and Jonathan examine the current state of the housing market and discuss different ways in which risk can be controlled. It seems like we are currently living in some of the most interesting financial times ever to have occurred. Crypto currencies are seemingly disappearing overnight, interest rates are shooting up, and the inflation rate continues to climb! While all of these examples can cause one to be fearful, preparation and attention to detail are two traits that allow those in the FI community to stay calm! Identify your fears, control situations where you are taking on risk, and continue crushing your journey down the path to FI! Timestamps 0:58 - Introduction 2:01 - The Tail End 5:58 - The Most Interesting Financial Times 13:26 - Housing 18:22 - Conversation With A Friend 26:06 - Components of The Monthly Payment 34:40 - 40 Year Mortgage and Renting 45:20 - 10% Intrest Rates 53:05 - Crypto Sidecar 57:15 - Crypto Security 61:39 - Conclusion Resources Mentioned In Today’s Conversation The Tail End Subscribe to The FI Weekly! Common Sense Spending Guidelines | Housing | Ep 381 Blockchain, Smart Contracts, and NFT’s | EP 361 Blockchain, Smart Contracts, and NFT’s Part 2 | EP 362 Pump and Dump | EP 323 If You Want To Support ChooseFI: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Track your personal finances with Personal Capital Compare, buy, and save big on insurance with Policygenius Keep learning or start a new sidehustle with one of our educational courses Slash your cellphone bill without sacrificing service with Mint Mobile