How to NOT lose Generational Wealth with Real Estate and Stocks

•About 70% of wealth is lost within 2 generations as the family of Cornelius Vanderbilt did
•How the stock market did in 2022 and how much real estate prices fell from its peak
•Spike in mortgage rates softened home buying demand
•Personal Savings Rate falls, lowest since 2005
•It’s said about 70% of wealth is lost w/in 2 generations. Vanderbuilts lost it. Rothshild hasn’t. Stay quiet or under radar. Don’t be loud.
•House features that were in demand are no longer as popular because of the maintenance and installation costs, POOLS
•National association of realtors-- Median home price across USA is up 3.5% In November from the year equating to $370,700 but prices soften month to month for the fifth time in a row
•In CA, 89% of homeowners who have a loan are enjoying a fixed rate at or below 5%. 71% have 4% rate or lower.
•Case Schiller Home Price Index showed prices fell 0.5% in October. Still up 9.2% yr yr. Pace appreciation decelerated was up 20.8% at peak in March. Prices declined about 3% across nation. 10-20 city index are down about 4.6% from the peak.

Full Count channel is to help others gain knowledge from various industries/topics but primarily real estate.
This channel is to help others gain knowledge from various industries/topics but primarily real estate.

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