1298: Scams, Dan Ariely's Abstract Money & Valuation Inflation

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By Jason Hartman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jason Hartman and Investment Counselor Adam take today's episode to examine a real estate scam that is finally being investigated by the FTC that has been used to defraud untold number of people out of tens of thousands of dollars each. These criminals might finally be held accountable. After that Jason and Adam examine Dan Ariely's YouTube video about how to make money less abstract and why the idea of paying yourself first is so important. They then wrap up the episode with some great economic news for our tenants that neither side of the political aisle is talking about.

Key Takeaways:

[4:07] The FTC is examining alleged scams with TV stars from shows about flipping

[9:33] Be wary of free events

[13:20] How to compare your money

[16:22] Create your own hedonic values when it comes to your money

[18:18] Pay yourself first is an important concept for our lives

[20:55] The Pain of Paying concept

[27:40] The wage growth story that neither political party wants to take credit for

[31:27] The theory of anti-fragility

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Dan Ariely's Making Money Less Abstract

409 episodes