Money Geeks

With the Fed increasing interest rates by 0.25% we are already noticing that the yield curve, one of the most reliable forecasters of economic crash, is starting to invert. To be completely honest, this inversion has started before the rate hike, but it's now starting to deepen. Even with it, the Fed is planning to add additional 0.50% increase in May and I expect that we might see market crash as soon as this fall and as late as 2023.

In today's episode we will cover 

👇Potential items of interest👇 

✅  Join Real Estate On The Cheap Challenge

💱  Your House On Blockchain

📘  My best-selling book on Amazon

NFTs are all the rage these days and have been for a while. 

In today's episode I am speaking with Ty, better known as The Mayor, who is Media and Community Manager at Based Fish Mafia, an NFT project.  Ty is also a podcast host of NFT and Chill Podcast, which has some pretty rad followings around the globe.  In this episode, Ty and I get into: 

Make sure you check out Based Fish Mafia project, give Ty a follow on Twitter and take a listen to his NFT and Chill Podcast

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If you love real estate and NFTs, consider turning your house into an NFT through THE FIRST AND ONLY project that allows you to do that, TsaishenCrypto.House

👇 Items of Interest 👇 

✅  Join Real Estate On The Cheap Challenge 

💱  Your House On Blockchain  

📘  Get my #1 Best-Selling Book on Amazon

For a few months I have been wanting to add more crypto functionality to my word press site and have found quite a few plugins but most did not work for me. Some haven't been updated in ages, others were so complex to try and figure out that after a few hours I gave up. Thankfully, I did come across one plugin that seemed to do everything I wanted, from creating my own token to building my NFT collection and marketplace.

Plug in is easy to use, tutorials and documentation are great. For my testing purposes and for this episode, I decided to create my own NFT (ERC721) contract with token royalties and a marketplace that allowed me to sell my tokens and create auctions. 

You can read more about the plugin on their website: https://wpsmartcontracts.com/ and you can read their documentation here: https://wpsmartcontracts.com/docs/

To watch the creation of the entire thing, see it on YouTube.

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Finally, I did share that I am in the process of creating an easy and simple way for creators of NFTs to get paid and split payments between many people through smart contract. That is being developed as we speak (the contracts are mostly done, just working on easy website interface so that you can enjoy it without knowing how to code). 

If the payment splitter is of interest to you, you can contact me through my website: https://1DealAway.com or follow me on Twitter @TsaishenC

Today was a historic moment as President Biden has signed a new executive order regarding crypto. In this short episode we cover what's in it.

Prefer to watch? Visit my YouTube Channel.

You're likely seeing the news and know what's been happening. I would love to go more in depth but I'm already getting flagged just because I put in a few keys words and places, so I will not be doing that in the description. If you'd like to see what happened, I recorded a super short video sharing what I put in.

This episode is not about politics, as none of them are, but rather they are about what is happening in politics that is affecting economy and our lives, freedoms, businesses, investments, and wealth. We will cover the impact of current events on regular people and best ways to consider protecting our money.

Links mentioned in the episode: 

Watch the episode

Subscribe to my YouTube Channel

Real Estate On The Cheap Mini Challenge

Links NOT mentioned but here they are anyways:

📘 Get my book

👕 Get some swag

💱  Put Your House On Blockchain

✅  Join FULL Real Estate On The Cheap Challenge

An interesting conundrum that we are seeing now is that home listing prices are starting to go down while the cost to buy a house is going up. How is that possible? One word: mortgage! 

Simply put, mortgage rates are going up and because it's getting more expensive to borrow, buyers are now able to spend less on homes. This is a vicious cycle that will continue to put pressure on home prices. While all of that is happening, we are still having the Fed talk about raising rates and we are seeing that large buyers and investors are grabbing as many properties as they can get their hands on. Why?

With inflation going up, having an asset that appreciates over time while keeping the debt burden leveled means that income producing properties become more valuable and profitable over time. And that is what we'll get into in this episode.

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As you may know, I will be rolling out a FREE real estate investing course that I call Real Estate On The Cheap Mini Challenge. If you'd like to participate through video, make sure you join my YouTube Channel

✅  Education Site  

✅  Your House on Blockchain 

With Fed shrinking their balance sheet (aka shopping season is over) and continuing to talk on increasing interest rates, there is a high probability that real estate prices will tumble. 

In this episode, we talk about the impact that higher interest rates (seen in mortgage rates) will have on the purchasing power and house affordability. We explore how a small rate change has huge implications on how much house you can buy and why all of this will result in much more challenging times ahead.

Thanks for listening. I sure hope you will continue and feel free to Leave me a message!

Nev

Inflation is running HOT which means we leave more dollars in stores, gas stations, and everywhere else. To curb the rapidly increasing price impact the government is starting to flirt with the idea of price controls. On the surface they sound good, right? But could there be trouble brewing around the corner if implemented? Let's find out!

If you're interested in learning more about money and investing, feel free to check out 1 Deal Away website: https://1dealaway.com/

Curious about watching some of the shows? Consider subscribing to my YouTube channel: Channel content - YouTube Studio

Perhaps you have been thinking about investing in real estate and you wonder how you can do that. In today's episode we uncover 12 different ways and go over pros and cons of each method as well as briefly cover what they are.

Enjoy!

Just last episode I talked about that Fed will likely try to raise rates and talk about it and in doing so it would create a turmoil in the markets. Nearly every asset class we look at is trending down: stocks, bonds, crypto, real estate, precious metals... Of course, these are shorter-term events happening but they could have a grave impact on your wealth.

In this episode we talk about the idea of taking some winnings and how higher rates will impact real estate market. Some will care a lot, others won't care at all. None the less understanding the potential impact is important.

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*Please note, I am not a financial adviser nor should anything I share in this episode be construed as a financial advice. I share my thoughts and points of view for educational and entertainment purposes only.

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If you are interested in the challenge, please visit: https://1dealaway.com/real-estate-on-the-cheap-challenge/ to learn more and sign up.