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Name Your Fear, Control Your Risk | Ep 382

Topics in this episode: housing, mortgages, renting, interest rates, crypto, and unique current events in these financial times.

It seems like we are currently living in some of the most interesting financial times ever to have occurred. Cryptocurrencies 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 risks, 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

Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. American Express is a ChooseFI advertiser. Disclosures.
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