COMMENT: Martin, as an avid follower, I took your advice to heart to try to fix our interest rate for the loan we have on our house. This was the answer I got from our direct advisor: “Have looked at your file, you can still enjoy your low-interest rate until 01/12/2020, in other words refinancing […]
The US economy is still holding up the entire world. The US 3rd quarter economic growth was unrevised at 2.1%. This is still rather strong in the world of global recession yet still down from the 3%+ levels of pre-2008. Meanwhile, confidence in the housing market has finally rebounded but much of this is due […]
QUESTION: Dear Amstrong, Thank you for all the training you have been teaching us for years. Even though I have gone through 3 universities and have special titles in economics and finance, only after accompanying you for these 15 years, I could understand a little of the true world in which we live. I have two […]
QUESTION: Hi Marty – Thank you for the insight you provide as regards how the world really works. Spending 10 minutes reading your daily blog is equivalent to hours of reading the MSM propaganda and trying to discern the truth. My question to you is in response to your 10/2/19 post >> Liquidity Crisis & […]
QUESTION: Dear Mr. Armstrong. I hope that you will please give me some advice on the following topics. Sorry for the grammar. I live in Denmark and have been saving up some money that I want to invest. My options are: – buying a house and rent it out (I have 1/5 in cash and […]
QUESTION: Hi Martin.. thanks so much for all your world/economic content and perspective. I was reading a comment you made recently concerning real estate mortgages. In the comments, you suggested carrying a low fixed-rate mortgage rather than paying off the property. My question is what happens when a financial institution goes bust. You’ve taken out […]
QUESTION: I moved from calif. and bought a home in Nevada but I took a loan on the home instead of paying it off. My question should I pay off the house or invest the money. With what is coming I am confused on this issue. TM ANSWER: If you have a FIXED mortgage, […]
The collapse in property values in London has created a crisis in property funds. M&G Investments blocked withdrawals from its UK property fund as it seeks to distance itself from the troubled manager. Back on June 3, 2019, the asset manager wrote to clients of the M&G UK Property fund to inform them it had […]
QUESTION: During the WEC I came to understand Real Estate will crash. Then when looking at Socrates, it shows real estate indices, however I do not recognise these trends. First I thought they were in $, I need to translate them to euro base to recognise the trend. But no, the real estate indices in […]
QUESTION: Hi Marty, Mini AOC sure is funny isn’t she? Here is a tax story for you. I’m considering a summer sublet in Sedona AZ, and while I tried to sell all my CA property by the end of last year – well long story short I am still a landlord out here. So I […]