CW 765 - Nick Sargen - GLOBAL SHOCKS, An Investment Guide for Turbulent Markets, Morgan Guaranty Trust, Salomon Brothers, Prudential Insurance & J.P. Morgan

Creating Wealth Real Estate Investing with Jason Hartman

The market is moving and it seems to be moving in the right direction for real estate investors. The historical average for appreciation for single family homes is ~6% nationwide. If you are already an income property investor, the good news is rents may be pushing upward. Jason’s guest today is the author of the new book, Global Shocks: An Investment Guide for Turbulent Markets. Nick Sargan is Senior VP and Chief Economist at Fort Washington Investment Advisors. He is a former economist at Morgan Guaranty trust, Salomon Brothers, Prudential Insurance and JP Morgan. He shares his insights about how the markets will react to a Trump presidency.

Key Takeaways:

[2:50] Large corporations take advantage of customer’s time and call center workers are drones.

[8:45] The flawed cap rate is an evaluation of a property’s performance minus appreciation and leverage.

[14:45] The annual Meet the Masters of Income Property Event is in January.

Nick Sargen Guest Interview:

[16:55] President-elect Trump may lead the US with a pro-business stance.

[20:27] Trump is a spender which could lead to higher interest rates.

[22:35] Nick Sargen worries about Trump’s trade issue.

[25:21] Budget deficits do not mean inflation.

[27:58] Trump will be a pro-growth, real estate president.

[30:50] The market is moving with the belief that all of Trump’s policies will promote growth.

[33:40] Diving into the Global Shocks: An Investment Guide to Turbulent Markets book.

[36:14] How to capitalize on a bubble.

[39:58] Financial institutions have led the way during the current stock market rally.

Mentioned in This Episode:

Jason Hartman

Jason Hartman - Inflation Induced Debt Destruction Podcasts

Nick Sargen

Global Shocks