American Monetary Association

Ashlea Ebeling appears as Jason's AMA guest. She is a Forbes editor and talks about the different estate taxes you might face all across the United States. She also touches on federal and income tax on the show. She tells the audience every year she develops an interactive map on Forbes of where you should not die in the United States that you can check out in the show links. 

Key Takeaways:

2:50 – How does New York's state tax have a 164% marginal tax rate? 

7:20 – Can you avoid estate taxes? Ashlea breaks down four way you can do this. 

11:30 – You have to be careful of inheritance taxes and need to look carefully into that before you give your properties away. 

14:20 – Ashlea likes the idea of Roth IRA. Jason thinks there's nothing stopping the government from changing the rules. 

18:10 – There are a lot of new tax rules and regulations happening for 2015 that people need to be aware of. 

Mentioned In This Episode:

http://www.businessinsider.com/bond-market-panic-phase-of-financial-crisis-2015-1

http://www.forbes.com/sites/ashleaebeling/2014/09/11/where-not-to-die-in-2015/

http://taxfoundation.org/

https://twitter.com/ashleaebeling

David Porter is a long time client of Jason Hartman's real estate company. He has been working closely with Jason's team since 2009 and has made several investments in both Indianapolis and Arizona. He catches up with Jason about how he is doing with some of his properties, talks about why the Indianapolis market is so great, China's economy, the future of shipping, and more on this week's episode of AMA.

Key Takeaways:

3:10 – David first bought his Indianapolis property in 2009.

8:40 – David talks a little bit about his background.

17:10 – You're more in control with real estate investing than you are with stocks.

22:15 – Take advantage of your ability to borrow and invest it in a conservative way.

24:25 – David has since an increase in retail shipments this year.

28:45 – Will China be stronger than the US's economy?

33:15 – Jason and David think the United States can stretch out their debt problem for a while.

41:50 – 3D printing, glowing trees, and more. Jason talks technology.

49:30 – David wants to buy homes he can see himself or his children living in one day.

53:50 – David has experienced a 700k appreciation since he started in 2004.

Mentioned In This Episode:

Abundance by Peter Diamandis

Makers by Chris Anderson

Khan Academy

David Porter's first interview - http://www.jasonhartman.com/89-%E2%80%93-the-%E2%80%9Cfree-lunch%E2%80%9D-metric-what-it-tells-about-income-property-%E2%80%93-an-impromptu-discussion/

David Porter is a long time client of Jason Hartman's real estate company. He has been working closely with Jason's team since 2009 and has made several investments in both Indianapolis and Arizona. He catches up with Jason about how he is doing with some of his properties, talks about why the Indianapolis market is so great, China's economy, the future of shipping, and more on this week's episode of AMA. 

Key Takeaways:

3:10 – David first bought his Indianapolis property in 2009.  

8:40 – David talks a little bit about his background. 

17:10 – You're more in control with real estate investing than you are with stocks. 

22:15 – Take advantage of your ability to borrow and invest it in a conservative way. 

24:25 – David has since an increase in retail shipments this year. 

28:45 – Will China be stronger than the US's economy? 

33:15 – Jason and David think the United States can stretch out their debt problem for a while.  

41:50 – 3D printing, glowing trees, and more. Jason talks technology. 

49:30 – David wants to buy homes he can see himself or his children living in one day. 

53:50 – David has experienced a 700k appreciation since he started in 2004.

Mentioned In This Episode:

Abundance by Peter Diamandis

Makers by Chris Anderson

Khan Academy

David Porter's first interview - http://www.jasonhartman.com/89-%E2%80%93-the-%E2%80%9Cfree-lunch%E2%80%9D-metric-what-it-tells-about-income-property-%E2%80%93-an-impromptu-discussion/

Todd Moss is the chief operating officer and senior fellow at the Center for Global Development. His work focuses on U.S and Africa relations and financial issues that sub-Saharan Africa is facing. He is also an author and has written several books with his most recent one, The Golden Hour, being a national bestseller. He talks to Jason about Africa, the economy, and why it matters.

Key Takeaways:

2:50 – 7 out of 10 of the fastest growing economies in the world are in Africa.

6:10 – We are seeing Africans transition from being very, very poor to becoming middle class.

9:25 – There's a lot more foreign investment in Africa and the countries that were very badly managed in the 70-80s are now being managed much better.

11:30 – Will outsourcing and manufacturing move to Africa? Todd explains in this segment.

13:50 – A lot of Africans speak English as their native language and the second largest language is French.

16:25 – Is there a strong Al Qaeda presence in Africa?

22:15 – Todd talks about his latest book, The Golden Hour.

24:30 – Africa is changing very rapidly and Todd hopes more people will look at Africa as a place to vacation to in the future.

Mentioned In Episode:

Abundance by Steven Kotler and Peter Diamandis

http://toddmossbooks.com/

Todd Moss is the chief operating officer and senior fellow at the Center for Global Development. His work focuses on U.S and Africa relations and financial issues that sub-Saharan Africa is facing. He is also an author and has written several books with his most recent one, The Golden Hour, being a national bestseller. He talks to Jason about Africa, the economy, and why it matters. 

Key Takeaways:

2:50 – 7 out of 10 of the fastest growing economies in the world are in Africa. 

6:10 – We are seeing Africans transition from being very, very poor to becoming middle class. 

9:25 – There's a lot more foreign investment in Africa and the countries that were very badly managed in the 70-80s are now being managed much better. 

11:30 – Will outsourcing and manufacturing move to Africa? Todd explains in this segment. 

13:50 – A lot of Africans speak English as their native language and the second largest language is French. 

16:25 – Is there a strong Al Qaeda presence in Africa? 

22:15 – Todd talks about his latest book, The Golden Hour. 

24:30 – Africa is changing very rapidly and Todd hopes more people will look at Africa as a place to vacation to in the future. 

Mentioned In Episode:

Abundance by Steven Kotler and Peter Diamandis 

http://toddmossbooks.com/

In today’s American Monetary Association Show, Jason Hartman invites Jerry Robinson, author of Bankruptcy in Our Nation, to the show to share his views about what bankruptcy would look like. They discuss a variety of topics and consider frankly just how bleak America’s future could look. Robinson also gives his opinion on the impact of America’s international relations, as well as posing the interesting notion that we can see the path of America’s future by looking at the past of the rest of the world.

Key Takeaways

02.44 – Jerry Robinson’s Bankruptcy of Our Nation deals with facets of the economic crisis such as what happened, why it happened and what we thought would happen.

05.03 – In a number of ways, the 2014 picture we draw now looks very similar to the state of the world in 1914.

13.54 – No-one does anything for nothing. A closer look at the incentives can provide a lot of insight.

19.58 – The psychological impact of the economy is already taking an effect. People now expect prices and values to go up, and are surprised if they don’t.

26.14 – Maybe we need to reassess our definition of evil to better match today’s global situation.

30.09 – If the relationship between the US and Saudi Arabia changes, it could change the entire balance of power in the Middle East.

32.09 – Exports are always going to be vital, and we need to consider the impact if the US becomes energy-independent.

39.53 – International threats, and especially those involving cyber-attacks, must be taken seriously. Even if you’re living in a city, know the precautions you can take.

44.03 – Find out about Jerry Robinson’s Five Levels of Financial Freedom at www.FTMDaily.com/fivelevels.

01.00.02 – With mortgage debt, as an investor you don’t even need to pay this off yourself – your tenants pay it off for you.

Mentioned in this episode

Bankruptcy of our Nation by Jerry Robinson

In today’s American Monetary Association Show, Jason Hartman invites Jerry Robinson, author of Bankruptcy in Our Nation, to the show to share his views about what bankruptcy would look like. They discuss a variety of topics and consider frankly just how bleak America’s future could look. Robinson also gives his opinion on the impact of America’s international relations, as well as posing the interesting notion that we can see the path of America’s future by looking at the past of the rest of the world.

Key Takeaways

02.44 – Jerry Robinson’s Bankruptcy of Our Nation deals with facets of the economic crisis such as what happened, why it happened and what we thought would happen.

05.03 – In a number of ways, the 2014 picture we draw now looks very similar to the state of the world in 1914.

13.54 – No-one does anything for nothing. A closer look at the incentives can provide a lot of insight.

19.58 – The psychological impact of the economy is already taking an effect. People now expect prices and values to go up, and are surprised if they don’t.

26.14 – Maybe we need to reassess our definition of evil to better match today’s global situation.

30.09 – If the relationship between the US and Saudi Arabia changes, it could change the entire balance of power in the Middle East.

32.09 – Exports are always going to be vital, and we need to consider the impact if the US becomes energy-independent.

39.53 – International threats, and especially those involving cyber-attacks, must be taken seriously. Even if you’re living in a city, know the precautions you can take.

44.03 – Find out about Jerry Robinson’s Five Levels of Financial Freedom at www.FTMDaily.com/fivelevels. 

01.00.02 – With mortgage debt, as an investor you don’t even need to pay this off yourself – your tenants pay it off for you.

Mentioned in this episode

Bankruptcy of our Nation by Jerry Robinson

Jason Hartman invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.

Key Takeaways

05.55 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped.

10.50 – A look at the options of how we can possibly dislodge the power of big business and government.

11.57 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy.

14.28 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you.

16.16 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us?

17.53 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer.

20.23 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see.

22.36 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org

Mentioned in this episode

The Big Rip-Off by Tim Carney

Obamanomics by Tim Carney

www.AEI.org

www.WashingtonExaminer.com

Jason Hartman invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.

Key Takeaways

05.55 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped.

10.50 – A look at the options of how we can possibly dislodge the power of big business and government. 

11.57 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy.

14.28 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you.

16.16 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us?

17.53 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer. 

20.23 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see.

22.36 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org 

Mentioned in this episode

The Big Rip-Off by Tim Carney

Obamanomics by Tim Carney

www.AEI.org

www.WashingtonExaminer.com

Inspired by an article from Business Insider, Jason Hartman invites Dan Egan of Betterment onto the show to expand upon the idea of market timing. While much of the focus is on Wall Street and how market timing works in the stock market, a lot of these ideas can be applied to real estate investing. They also discuss topics such as long- and short-term capital gain, high-frequency trading and how happy we are with our own achievements in absolute terms.

Key Takeaways

02.33 – Stock trading investments are all about assessing long and short-term achievements. Remember that the government views capital gain in terms of short or long-term.

04.03 – Dan Egan describes the ‘bid ask spread’, an economic term for the costs you never see a bill for.

07.20 – High-frequency trading might not be everything it’s cracked up to be. You have to compare the situations of the big traders with average Joe’s actions.

13.30 – Personal satisfaction is hugely important, but it’s always competing with our comparisons to the people around us.

15.20 – For more information about Dan Egan and his company, head to www.Betterment.com

15.28 – Jason Hartman discusses some of the various viewpoints on the inflation/deflation argument.

Mentioned in this episode

www.Betterment.com

Flash Boys by Michael Lewis