Episode #7 was recorded on 11/28/18. Paul & Seth talk about all of the bubbles that are out there in the market. Bitcoin, Corporate Debt, Student Loan Debt, Car Loan Debt...Paul mentions the movie the big short. Paul talks about returns in the real estate market and how there will be a better time in the future to invest in real estate. He also mentions that people are risking a lot in the current market by receiving 15-20% returns. Seth asks Paul if he is a fan of financial advisors...Paul goes on a rant! Paul & Seth dig into the topic about Hot stocks in a bull market and which ones drop the fastest. Paul & Seth then dig into college degrees and playing the game because of society. Paul circles back to financial advisors during good times when the tide is high.
He states you don't know who is naked underneath until the tide recedes. When times are lean you see who really knows what they are doing.
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