Ep. 221 Macroeconomics, Real Estate, Social Media with Zachary Foust · The Agent Goldmine - Real Estate Agent Business Building · Radar

Stocks vs. Real Estate & a Detached Market8:15 – 12:39

Allie GarcedHost

8:15

What do you say that between stocks and real estate, Which, which would you say, of course, it's not financial advice.

Allie GarcedHost

8:25

We always have to say this.

Allie GarcedHost

8:26

Which would you say is stronger right now?

Zachary FoustGuest

8:28

Well, it depends on why you want it.

Zachary FoustGuest

8:29

And that's where I'd start any of these conversations, right? Why a single individual would want a home versus wanting to maybe invest in a stock and what their goals are for the next three, five, 10 years is going to be starkly different from someone who's married.

Zachary FoustGuest

8:50

She's a mom of two kids.

Zachary FoustGuest

8:51

They want to have a little homestead.

Zachary FoustGuest

8:52

They want to have a garden.

Zachary FoustGuest

8:54

They want to have the family over.

Zachary FoustGuest

8:56

That home, that real estate, it's a lot

Allie GarcedHost

8:59

different.

Zachary FoustGuest

8:59

I know financially it's the same, but it is where you're creating the memories.

Zachary FoustGuest

9:04

It is where you're creating your life.

Zachary FoustGuest

9:05

It's the safe space where you're all going to grow up.

Zachary FoustGuest

9:07

And it's an incredible thing to have.

Zachary FoustGuest

9:10

But if it's purely for finances, I mean, let's just look at the most inflationary period for housing in history, the last five years that happened after COVID.

Zachary FoustGuest

9:20

If we look at stocks, stocks way outperformed housing in its most benefited market it's ever seen.

Zachary FoustGuest

9:27

So, If all things are the same, maybe holding a stock, if you're doing it purely out of investment purposes, an index fund, building up an IRA, diversifying with higher end cryptos, not fart coins, but Bitcoin, Ethereum, and building up a portfolio.

Zachary FoustGuest

9:44

If the goals are economic growth personally and financial specific goals, I think there's room for the argument.

Allie GarcedHost

9:51

How long do you think that can go on for? This stock market that is just returning crazy returns year over year.

Allie GarcedHost

9:58

At what point do we start taking some chips off the fucking table?

Zachary FoustGuest

10:04

That's a great question.

Zachary FoustGuest

10:06

I run a show on YouTube where we track the macro economy because ultimately that has everything to do with the housing market.

Zachary FoustGuest

10:14

It has everything to do with rates via the bond market and, of course, pricing, affordability, supply of builders, supply and demand of materials.

Zachary FoustGuest

10:21

It all matters.