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The "I Should Have Bought Sooner" Tax
Manage episode 410210227 series 3410901
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The best time to plant a tree was twenty years ago, the 2nd best time is today.
In this episode, host Dave Gallegos addresses a common regret among homeowners known as 'The ‘I Should Have Bought Sooner’ Tax'. Dave delves into the financial implications and psychological factors that lead to this sentiment. He discusses the advantages of entering the market now rather than later and how there is no such thing as “timing the market”. Listeners will be motivated to take the next steps and save themselves from the 'I Should Have Bought Sooner' tax.
01:00 - Closing the Wealth Gap
02:00 - The 5 Fundamentals for Financial Balance
03:05 - Housing Appreciation
04:25 - The “I Should Have Bought Sooner” Tax
07:45 - Why Home Prices Won’t Decline
09:15 - America is a Growing Country (and Economy)
11:50 - Downsizing is Decreasing
12:40 - Land, Labour and Lumber
14:30 - The Mortgage Meltdown
18:40 - Avoiding the ISBS Tax
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