James Altucher's TERRIBLE Advice on Renting vs. Owning a Home

James Altucher's TERRIBLE Advice on Renting vs. Owning a Home

Author: Matt Franklin - entrepreneur, investor, consultant, video producer, retirement nerd May 5, 2021 Duration: 18:15

James Altucher is an outspoken opponent of buying a home. He wrote a very popular blog post about why here.

In today's episode, I cover a couple reasons why this advice is extremely irresponsible. If you follow it, you could be missing out on the easiest money you've ever made.

According to the Federal Reserve Bulletin that came out in late 2020, the median homeowner has about 40 times the household wealth of a renter.

Have a listen and send me an email at matt@rogueretirementlounge.com if you agree or disagree with me.

As always, for the latest in retirement planning for entrepreneurs, come see me at www.rogueretirementlounge.com


Matt Franklin has worn a lot of hats-entrepreneur, investor, consultant, and self-proclaimed retirement nerd-and he brings that full spectrum of experience to Rogue Retirement Lounge. This podcast is built for the self-employed, the freelancers, and the business owners who find traditional financial advice doesn't quite fit their unconventional path. Forget the dry lectures; here, retirement planning is about actionable strategy and building real freedom. You'll hear detailed discussions on constructing a portfolio that goes far beyond the stock market, focusing on tangible, cash-flowing assets that aim for better returns with managed risk. Episodes dive into the nuts and bolts of self-directed IRAs, the realities and opportunities of investing in real estate, and the practicalities of considering a retirement abroad. Matt also breaks down essential, often overlooked tactics for legal tax reduction and robust asset protection, ensuring what you build is safeguarded. As a Bitcoin enthusiast, he naturally explores where digital assets fit into a modern, diversified plan. The conversation is always geared toward creating a resilient financial future that aligns with an independent lifestyle, making this podcast a resource for anyone who wants their retirement to be as dynamic as their career has been.
Author: Language: English Episodes: 100

Rogue Retirement Lounge with Matt Franklin: Entrepreneur, Investor, Bitcoin Enthusiast
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