About derek

derek has been a member since October 26th 2010, and has created 215 posts from scratch.

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AMA 250 – The 5 Point Rule with Jeffrey Gitomer

In this off topic 10th show, Jason Hartman talks with Jeffrey Gitomer, New York Times Best Selling Author of The Little Red Book of Selling and Truthful Living: The First Writings of Napoleon Hill, about some of the great mentors that the two have had in their lives which include Napoleon Hill and Earl Nightingale. They look at what history can teach us, the right way to approach sales, and the challenges we have to face to do the right thing in today’s world.

Key Takeaways:

[5:56] The challenge to do the right thing in our society has never been at a higher level than it is today

[10:38] The 5 point rule

[15:59] The 7 Success Rules

[19:53] If you have the right service and attitude heart, sales will be easy

[26:06] If you want to learn something new, read a book that’s 60 years old

Website:

www.Gitomer.com

AMA 247 – Can US Government Afford High Interest Rates? with Mike Zlotnik

Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today’s interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we’re starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact.

Key Takeaways:

[1:52] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace

[5:03] We’ve been spoiled by artificially low interest rates

[7:52] The inverse relationship between cap rates and prices

[12:28] A real life example of the impact of higher interest rates

[16:27] We live in a world where the Federal Reserve and the Treasury don’t have to make sense

[21:43] Can the US government afford high interest rates?

[25:59] Why are rates going higher?

[28:58] How to prepare for higher rates

Website:

www.BigMikeFund.com

www.TempoFunding.com

AMA 246 – 6 Ways to Deal with Looming Entitlement Bills

Jason Hartman plays some of his segment from the latest Cash Flow Wealth Summit where he talks about the 6 ways the US government can solve their $220 trillion obligation and which one we can take the most advantage of as investors.

Key Takeaways:

[2:57] The difference between money and currency

[5:50] The 3 basic economic maladies

[8:01] The entitlement society isn’t going to change, so align your interests

[9:45] We must understand the motivations of governments and central banks

[11:43] The 6 ways the government can deal with the looming entitlement bill

[19:23] The most likely solution the government will choose

[23:02] Inflation is the most powerful method of wealth redistribution from lenders to borrowers, old to young

Website:

www.JasonHartman.com/Properties

Jason Hartman’s Flash Briefing

The PropertyCast

AMA 245 – The Winner Take All Society with Ross Baird

Jason Hartman talks with Ross Baird, President at Village Capital Group and author of The Innovation Blind Spot, about where all the startup money is going these days. Venture capital is flowing to tech and everyone’s trying to hit a home run, not a bunch of singles. Ross discusses the danger of our current “winner take all” mentality, some options for what to do with the big companies like Google and Facebook, and why sometimes looking in your back yard for an investment is the way to go.

Key Takeaways:

[2:48] Where is all the startup money going?

[5:57] Most people in positions of power and influence are unintentionally leaving out entire swaths of the population

[8:47] We’re living in a “winner take all” type society right now

[11:18] The 3 options for what needs to happen to these big public companies

[15:04] You don’t always have to look for the next big thing, sometimes you just have to look at what’s going on right around your home town

[19:06] Everyone goes for location in real estate, but the better yield is in the non-trophy property

Website:

www.VilCap.com

AMA 244 – Inflation’s Impact on the Economy and Consumers with Thomas Young

Jason Hartman takes today’s episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.

Key Takeaways:

[1:40] What you see when you compare the 30 year mortgage rate to existing home sales

[6:02] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?

[7:37] What does the trade war mean for inflation?

Websites:

www.JasonHartman.com/Properties