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Investing Professor

Investing Professor

Michael Curran

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Hey, I’m Michael, founder of Investing Professor, where I teach a community of Personal Finance and Investing Learners. Initially, I started by teaching over 1,000 college students in live classes, which led to the creation of Investing Professor, where we deliver insightful, inspiring interviews with other experts and high-quality, engaging, and practical Personal Finance and Investing education online.
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What is Investing Professor about?

Hey, I’m Michael, founder of Investing Professor, where I teach a community of Personal Finance and Investing Learners. Initially, I started by teaching over 1,200 college students in live classes, which led to the creation of Investing Professor, where we deliver insightful, inspiring interviews with other experts and high-quality, engaging, and practical Personal Finance and Investing education online.

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Top 10 Investing Professor Episodes

Goodpods has curated a list of the 10 best Investing Professor episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Investing Professor for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Investing Professor episode by adding your comments to the episode page.

Investing Professor - Aston Martin V8 Vantage

Aston Martin V8 Vantage

Investing Professor

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10/20/24 • 24 min

What it’s like to own a manual 2015 Aston Martin V8 Vantage GT Coupe? In this video, I share my ownership experience, providing an inside look at what makes this iconic car an incredible entry-level exotic sports car. From its comfort and understated elegance to the thrill of feeling its raw energy, I dive deep into why it’s a standout choice for enthusiasts. Also: essential tips + lessons learned, how to save on insurance, navigating roads, and protecting your investment! Towards the end, I break down the real cost of ownership in detail. Whether you're already an exotic car owner, considering a purchase, or simply an enthusiast, this video offers my perspective on what it’s like to own & maintain one of the most attainable and exciting Aston Martins. Join me as I share how this car isn’t just about driving—it’s about the lifestyle, the networking opportunities at Cars & Coffee events, and the positive motivation it brings. Share if you find this video helpful or inspiring!

00:00 Intro 00:47 Gen 1 Limited Production & Manuals A rare breed: of the 365 Gen 1 GT coupes, 302 were left-hand drives going to North America, 104 were Jet Black and 60 were manual (source: Aston Martin Heritage Trust). 01:44 Driving Experience as Owner Comfy for a sports car, excellent for networking, exhilarating emotional driving experience, and sports mode makes it even more raspy! Great starter exotic car: reliable and affordable too. More content in the video. 10:41 Cost of Ownership I break down the initial purchasing costs as well as the ownership costs over time. PPI (Pre-Purchase Inspection) cost excluded as it was paid for by the seller just before I bought the car. I also discuss the opportunity cost of capital and why financing may make more sense for some. Exact details in the video. 17:40 Amortization Calculations $0 down, $83k, 72-month loan (7.79%) with PenFed Credit Union. Amortization calculator: www.calculator.net/amortization-calculator.html See video for more.

⭐ MY COURSES (FREE WITH COUPON CODE: 🍎MICHAEL🍎) ⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💰Personal Finance & Investing (Coming Soon): https://profmichaelcurran.com/join

These are educational courses; past performance does not guarantee future results.

🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ YouTube: / profmichaelcurran

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⚠️ Important ⚠️ ▀▀▀▀▀▀▀▀▀▀▀▀ ⚠️Invest with Michael (Coming Soon) https://profmichaelcurran.com/invest 🎬 Videos 🎬 ▀▀▀▀▀▀▀▀▀▀ 🔴Aston Martin V8 Vantage https://youtu.be/BQkLYeoCnwQ 🏠Real Estate ONLY Videos https://profmichaelcurran.com/realestate 🤑Trading ONLY Videos https://profmichaelcurran.com/tradingonly 📟Personal Finance ONLY Videos https://profmichaelcurran.com/pf ⚠️#AstonMartin #Vantage #V8 #Manual #ExoticCars #V8Vantage #MichaelCurran #InvestingProfessor #ProfMichaelCurran #Aston #Investing #ExoticCarHacks ⚠️ 🚀 CONTACT / BUSINESS & BUNDLE INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email my team at [email protected] for any sponsorship, affiliate, collab, job, or bundle-coupon requests. Otherwise, please join Discord and Tag @ investingprofessor https://discord.gg/prtH8eEa 📝 LEGAL DISCLAIMER 📝 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ https://michael-curran.com/finance/legaldisclaimer.html

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Investing Professor - Worst Real Estate Investing Mistakes Ever
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11/06/24 • 14 min

What are some of the worst real estate investing mistakes? Wise people learn from others mistakes! Here are FIVE of my worst mistakes. 🔥 Personal Finance Course & Investing Programs (Coming Soon) https://www.michael-curran.com/finance/join🚨 FREE: Use Coupon Code 🤠MICHAEL🤠 🚨🔥These are educational courses; past performance does not guarantee future results. 🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Rumble: / michaelcurran Twitter / X: / profmcurran Tik Tok: / profmichaelcurran Instagram: / profmichaelcurran Facebook: / profmichaelcurran 🎬 Videos 🎬 ▀▀▀▀▀▀▀▀▀ 🔴Index Fund Investing 101 https://youtu.be/68f2Fcw1jWg 🚀Investing ONLY Videos https://michael-curran.com/finance/allinvesting 🏠Real Estate ONLY Videos https://michael-curran.com/finance/realestate 🤑Trading ONLY Videos https://michael-curran.com/finance/tradingonly 📟Personal Finance ONLY Videos https://michael-curran.com/finance/pf ⭐ MY COURSES (COMING SOON: COUPON CODE: 🍎MICHAEL🍎) ⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💰Personal Finance & Investing: https://michael-curran.com/finance/join ⚠️#RealEstate #Investing #PersonalFinance #MichaelCurran #MeetKevin #GrahamStephan #InvestingProfessor #ProfMichaelCurran⚠️ What are some of the worst real estate investing mistakes? I share FIVE costly lessons learned. Small multifamily homes are great for house hacking (live in one unit and rent others to pay your mortgage) but beware ones not legally zoned. If something can go wrong, it usually does! Real estate investors are optimistic but you should vet if a property will be a cosmetic fixer upper or a structural renovation project (more costly). IF you buy low enough, you will allow yourself some space in case your actual expenses exceed your projected estimates. General contractors allow you to be more hands-off with the renovation, but raise costs and lead to less control over quality and speed, sometimes creating perverse incentives. To avoid bad incentives like creating built-in obsolescence, don't hire the same crew to renovate as the ones that maintain your property. Don't underestimate the power of relations, honesty and keeping on the right side of people - location and neighborhood can't be changed. I provide an important sixth bonus pitfall to avoid. Hopefully you learn from my mistakes and don't fall into the same holes; if you do, you'll know how to escape! 00:00 Intro 01:01 Avoid Illegally Zoned Legalizing a multifamily property even if it was used for decades before you purchased is hard. Run away! There are many easier, smoother and more profitable real estate investing opportunities! 03:42 Be Realistic Cosmetic renovations are more affordable than structural. The value is in the buy: if you buy right, you allow yourself wiggle room should costs overrun. 06:47 General Contractors General Contractors raise costs, lead to a black box in terms of quality and speed, and may have questionable incentives. Pros: they allow you to be hands-off. 08:30 Separate Teams Separate your maintenance contractors from your renovation team or you may create the wrong incentives. 09:45 Use Long Term Rent Numbers Don't rely on short term rent when running numbers. Keep on the right side of people. The value is in the buy, which allows you buffer room should costs escalate. 13:06 Demo Is Cheap ⚠️ Important ⚠️ ▀▀▀▀▀▀▀▀▀▀▀ ⚠️Consult with Michael (Coming Soon) https://michael-curran.com/finance/consult ⚠️Invest with Michael (Coming Soon) https://michael-curran.com/finance/invest 🚀 CONTACT / BUSINESS, INVESTING & CONSULT INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email [email protected] for any sponsorship, affiliate, collab, job, investment or consult requests. 📝 LEGAL DISCLAIMER 📝 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ https://michael-curran.com/finance/legaldisclaimer.html

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Investing Professor - Are Watches An investment?

Are Watches An investment?

Investing Professor

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10/25/24 • 18 min

Are Watches An Investment? A Luxury Timepiece Collector's Perspective. 🔥 Personal Finance Course & Investing Programs (Coming Soon) https://www.michael-curran.com/finance/join🚨 FREE: Use Coupon Code 🤠MICHAEL🤠 🚨🔥 🔥🚨 These are educational courses; past performance does not guarantee future results. 🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Rumble: / michaelcurran Twitter / X: / profmcurran Tik Tok: / profmichaelcurran Instagram: / profmichaelcurran Facebook: / profmichaelcurran Free investingprofessor Discord: / discord 🎬 Videos 🎬 ▀▀▀▀▀▀▀▀▀▀ 🔴Aston Martin V8 Vantage https://youtu.be/BQkLYeoCnwQ 🚀Investing ONLY Videos https://michael-curran.com/finance/allinvesting 🏠Real Estate ONLY Videos https://michael-curran.com/finance/realestate 🤑Trading ONLY Videos https://michael-curran.com/finance/tradingonly 📟Personal Finance ONLY Videos https://michael-curran.com/finance/pf ⭐ MY COURSES (COMING SOON FREE WITH COUPON CODE: 🍎MICHAEL🍎) ⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💰Personal Finance & Investing: https://michael-curran.com/finance/join ⚠️⚠️⚠️#TimePieces #MichaelCurran #InvestingProfessor #ProfMichaelCurran #WatchTradingAcademy #Investing #CurranTimePieces #ExoticCarHacks ⚠️⚠️⚠️ What types of watches might be considered investments? In this video, I share my luxury time piece collection ownership experience, also as a Macro Finance Economics Professor of Risk and Uncertainty and founder of one watch company Curran Timepieces LLC. I discuss alternative assets, what makes some watches attractive as appreciating securities, where and how to buy and sell them, and provide tips on maintaining, insuring and shipping them. Share if you find this video helpful or inspiring! 00:00 Intro 02:09 What Are Investments? I distinguish consumption vs Investment and short term (trading) vs long term (investing). 02:54 Alternative Investments Precious metals (gold/silver, etc.), oil, beans. Art (expensive). Super- and hyper-cars. Luxury timepieces. More content in the video. 04:35 What Makes Timepieces Special? Often using rare materials and mechanical (automatic) winding rather than "quartz" batteries, Swiss luxury timepieces are handmade, having unique histories as artistic pieces demonstrating the passion their creators put into them and maintaining an active interest today. More discussion in the video. 05:49 Types of Timepieces Retail (Casio/Apple) | Commercial (Tissot/Tag) | Boutique (AP/Patek). 09:33 Marketplaces Jeweler/dealer vs online. Consider escrow services. 12:17 Maintenance I show various products I use. Personalizing with bands can be fun! 14:50 Shipping I use IFS Infosure. 15:38 Watch Winders Wolf Watch Winders: https://www.wolf1834.com/us/watch-winders/modular-winders ⚠️ Important ⚠️ ▀▀▀▀▀▀▀▀▀▀▀▀ ⚠️Consult with Michael (Coming Soon) https://michael-curran.com/finance/consult ⚠️Invest with Michael (Coming Soon) https://michael-curran.com/finance/invest 🚀 CONTACT / BUSINESS, INVESTING & CONSULTATION INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email my team at [email protected] for any sponsorship, affiliate, collab, job, investment or consultation requests. Otherwise, please join Discord and Tag @ investingprofessor https://discord.gg/prtH8eEa 📝 LEGAL DISCLAIMER 📝 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ https://michael-curran.com/finance/legaldisclaimer.html

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Investing Professor - How To Choose A Career

How To Choose A Career

Investing Professor

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11/13/24 • 8 min

How to choose a career? I provide THREE points in order of importance. If you satisfy all three, you may find ultimate career contentment. Enjoy!🔥Personal Finance & Investing Course (Soon) https://www.michael-curran.com/finance/join🚨Use Coupon Code🤠MICHAEL🤠🚨🔥These are educational courses; past performance does not guarantee future results.

🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

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Twitter / X: / profmcurran

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Instagram: / profmichaelcurran

Facebook: / profmichaelcurran

🎬 Videos 🎬

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🔴How To Become A Millionaire https://youtu.be/68f2Fcw1jWg

🚀Investing ONLY Videos https://michael-curran.com/finance/allinvesting

🏠Real Estate ONLY Videos https://michael-curran.com/finance/realestate

🤑Trading ONLY Videos https://michael-curran.com/finance/tradingonly

📟Personal Finance ONLY Videos https://michael-curran.com/finance/pf

⭐ MY COURSES (SOON: COUPON CODE: 🍎MICHAEL🍎) ⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

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⚠️#Career #CareerAdvice #CareerGuidance #PersonalFinance #Mentor #Investing #MichaelCurran #MeetKevin #GrahamStephan #InvestingProfessor #ProfMichaelCurran⚠️

00:00 Intro

01:24 Work That Pays You

Identify the best paying jobs. Controversially first, but before you make up your mind, open it. The market values certain occupations more than others. Something is a hobby until it makes money, so see https://www.glassdoor.com + chat with people in careers to see what it's like, what's required + what they earn.

Lucrative high salary occupations provide income to support you + others. You'll be more motivated + relaxed when your financial life is solid. Knowledge is step 1, so know where you're going. If you're a people person, are you open to nursing vs teaching? If you like reading, are you open to law school vs studying History? Similar abilities + skills, but compensation is much higher in nursing + law than in teaching + History.

02:36 Work On Your Strengths

Identify your strengths + weaknesses. Ask friends + family. Meditate. Take aptitude + IQ tests. IQ is important for scientists, but hard work often beats smart work. Employers prefer hard workers + this helps you develop skills + experience that are scarce so you earn a higher wage. Be first into the job + last out: commitment + dedication.

Traits like being good with people or a salesperson are a combo of skills: firm handshake, good eye contact, posture, oral communication...all can be learned + improved! Speaking languages + writing code are skills you can learn. Join your local Toastmasters to develop your public speaking + confidence. Just start: most skills you learn are on the job, not in formal education.

04:35 Discover Your Passion

Third, find what you like, but it's important to find jobs that pay first. If you're not a good fit, maybe choose a different path, so it's also vital to identify your strengths. Even those who love their jobs dislike parts. Your goal is to find something you enjoy so you can work for years to develop your expertise. Finding what you dislike is as important + often easier. Just try. Start something. Dip yourself in.

Summary:

(1) Discover a variety of jobs + their returns.

(2) Jot your strengths.

(3) Jot your likes + dislikes.

Then

Meditate😎

And subscribe!💪👍

⚠️ Important ⚠️

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⚠️Consult with Michael (Soon) https://michael-curran.com/finance/consult

⚠️Invest with Michael (Soon) https://michael-curran.com/finance/invest

🚀 CONTACT / BUSINESS, INVESTING & CONSULT INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email [email protected] for any sponsorship, affiliate, collab, job, investment or consult requests.

📝 LEGAL DISCLAIMER 📝

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

https://michael-curran.com/finance/legaldisclaimer.html

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Investing Professor - How To Take Care of a Supercar
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10/20/24 • 8 min

Ever wondered how to best take care of a supercar? Are there things you'd like to know in advance so you don't make mistakes? In this video, I share tips on owning an exotic car and my perspective from the point of view of someone who owns one. Get a charger and tire cushions; protect your investment and drive places you know in advance; cars need to be driven. In some of my other videos I talk about how affordable it can actually be and how it can benefit you no matter whether you are just starting out, maybe not gone to college, or still in college, or someone with a regular job looking for more or an entrepreneur. There are a lot of benefits you may have overlooked. I also go into detail on the 2015 manual Aston Martin V8 Vantage GT Coupe. But in this video I'll share six valuable pieces of knowledge from my insider's perspective on owning an exotic car. Share if you find this video helpful or inspiring! 00:00 Intro 00:27 Tire Cushions Gym Mats (cheap hack): https://thd.co/4esNanU Tire Cushions: https://squadralupo.com/product/storaway-tire-ramps/ 01:50 Float Chargers Vector: https://www.amazon.com/VECTOR-Battery-Maintainer-BM315V-Automatic/dp/B09NRZKCKW Battery Tender Plus: https://www.amazon.com/dp/B00068XCQU 05:55 Plan Driving Routes Don't go anywhere you wouldn't take a briefcase of cash. Do a "Recce" with your daily driver or use Google maps, especially being aware of your car's front lower lip. 06:28 PPF & Windscreen Protection Paint Protection Film (shout out to Modern Elix: modernelix.com) 06:50 Costs and Affordability of Exotics Shop around for insurance. Depreciation schedules are often more favorable on exotic cars. Fewer manufacturers own multiple brands. More buyers and parts that are cheaper help you. Exotics are more reliable and affordable. See video for more. 07:20 Enjoy Driving Exotics are a great experience. Don't let the car sit in the garage ALL the time. Miles and condition determine value.

⭐MY COURSES: FREE: USE COUPON CODE: 🍎MICHAEL🍎⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💰Personal Finance & Investing (Coming Soon): https://profmichaelcurran.com/join

These are educational courses; past performance does not guarantee future results.

🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ YouTube: / profmichaelcurran Rumble: / michaelcurran Twitter / X: / profmcurran Tik Tok: / profmichaelcurran Instagram: / profmichaelcurran Facebook: / profmichaelcurran Free investingprofessor Discord: / discord ⚠️ Important ⚠️ ▀▀▀▀▀▀▀▀▀▀▀▀ ⚠️Invest with Michael (Coming Soon) https://profmichaelcurran.com/invest 🎬 Videos 🎬 ▀▀▀▀▀▀▀▀▀▀ 🔴Aston Martin V8 Vantage https://youtu.be/BQkLYeoCnwQ 🏠Real Estate ONLY Videos https://profmichaelcurran.com/realestate 🤑Trading ONLY Videos https://profmichaelcurran.com/tradingonly 📟Personal Finance ONLY Videos https://profmichaelcurran.com/pf ⚠️#supercars #AstonMartin #Vantage #V8 #Manual #ExoticCars #V8Vantage #MichaelCurran #InvestingProfessor #ProfMichaelCurran #Aston #Investing #ExoticCarHacks ⚠️ 🚀 CONTACT / BUSINESS & BUNDLE INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email my team at [email protected] for any sponsorship, affiliate, collab, job, or bundle-coupon requests. Otherwise, please join Discord and Tag @ investingprofessor https://discord.gg/prtH8eEa 📝 LEGAL DISCLAIMER 📝 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ https://michael-curran.com/finance/legaldisclaimer.html

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Investing Professor - How To Be A Millionaire: Index Fund Investing 101
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11/01/24 • 26 min

How to become a millionaire with index fund investing for beginners: this is one of the best investments with little work or skill yet one of the top overall returns. Here's why. Enjoy! 🔥 Personal Finance Course & Investing Programs (Coming Soon) https://michael-curran.com/finance/join🚨Use Coupon Code 🤠MICHAEL🤠🚨🔥 🔥🚨These are educational courses; past performance does not guarantee future results. 🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Rumble: / michaelcurran Twitter / X: / profmcurran Tik Tok: / profmichaelcurran Instagram: / profmichaelcurran Facebook: / profmichaelcurran Free investingprofessor Discord: / discord 🎬 Videos 🎬 ▀▀▀▀▀▀▀▀▀ 🔴Are Watches An Investment? https://youtu.be/OIxm9N1ilSY 🚀Investing ONLY Videos https://michael-curran.com/finance/allinvesting 🏠Real Estate ONLY Videos https://michael-curran.com/finance/realestate 🤑Trading ONLY Videos https://michael-curran.com/finance/tradingonly 📟Personal Finance ONLY Videos https://michael-curran.com/finance/pf ⭐ MY COURSES (COMING SOON: COUPON CODE: 🍎MICHAEL🍎) ⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💰Personal Finance & Investing: https://michael-curran.com/finance/join ⚠️#Investing #PersonalFinance #IndexFunds #MichaelCurran #MeetKevin #GrahamStephan #InvestingProfessor #ProfMichaelCurran ⚠️ What is an index fund? Index funds track the entire market; they don't try to beat it. With a few dollars, you can own a diversified set of assets. Why invest in index funds? They have low fees (expense ratios) due to passive management and large size (better match their target group performance), are tax efficient with low trading turnover, are easy and simple (you invest passively so don't have to actively manage). They get rebalanced automatically without any work and are well-diversified: you own a slice of every publicly traded US firm - a few companies doing badly should not tank your returns. In contrast, professional stock-pickers manage active mutual funds, try to beat the market, incur more trading costs that are passed on to you without the guarantee of beating the market. 90-99% of investors including professionals get higher returns with index investing than trying to outperform the market, especially over time. It takes training, experience, hard work and luck to perform well with active trading. The probability to trade well consistently declines over multiple years. How to invest in index funds? First, open and fund a brokerage account. VTI is a cheap intro while VTSAX allows automated investing. I reinvest dividends, dollar cost average by investing my income monthly and enjoy 100% VTSAX with my long-term perspective and high-risk tolerance. 00:00 Intro 00:51 What's An Index Fund? 04:05 Benefits of Index Funds? Low Costs 05:18 How Low Expense Ratio Helps You 09:25 Your Investment Choices 11:31 Start Small: VTI (then VTSAX = $3,000) 12:41 Power of Compound Interest 14:28 Time Is Your Best Friend: Start NOW 15:37 Passive Outperforms Active 18:42 Simplicity of Passive Index Investing 19:16 Tax Efficiency 19:24 How To Start Investing In Index Funds 20:09 Automatic Investing + Reinvest Dividends 21:02 Portfolio Allocation 23:52 Dollar Cost Averaging ⚠️ Important ⚠️ ▀▀▀▀▀▀▀▀▀▀▀ ⚠️Consult with Michael (Coming Soon) https://michael-curran.com/finance/consult ⚠️Invest with Michael (Coming Soon) https://michael-curran.com/finance/invest 🚀 CONTACT / BUSINESS, INVESTING & CONSULTATION INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email my team at [email protected] for any sponsorship, affiliate, collab, job, investment or consultation requests. Otherwise, please join Discord and Tag @ investingprofessor https://discord.gg/prtH8eEa 📝 LEGAL DISCLAIMER 📝 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ https://michael-curran.com/finance/legaldisclaimer.html

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Investing Professor - Why I Think Meet Kevin Could Do Even Better | @MeetKevin
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11/20/24 • 23 min

Meet Kevin provides great real estate tips, but one thing that's missing is short term rental. Here's how you benefit. Personal Finance & Investing Course (Soon) https://www.michael-curran.com/finance/join🤠MICHAEL🤠🚨🔥These are educational courses; past performance does not guarantee future results.

SOCIAL MEDIA & DISCUSSIONS
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Real Estate Investing https://youtu.be/HJhWn5S1L0E
Investing ONLY Videos https://michael-curran.com/finance/allinvesting
Real Estate ONLY Videos https://michael-curran.com/finance/realestate
Trading ONLY Videos https://michael-curran.com/finance/tradingonly
Personal Finance ONLY Videos https://michael-curran.com/finance/pf

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Personal Finance & Investing: https://michael-curran.com/finance/join

#RealEstate #Investing #PersonalFinance #MichaelCurran #MeetKevin #GrahamStephan #InvestingProfessor #ProfMichaelCurran

00:00 Intro

01:10 Kevin's Strategy
"Just start" encouraged me. Start with a low down-payment on a property to live in. Veterans (VA loan) or those in agriculture (USDA loan) can start with 0 down. Else, you can put 3% down. What a low barrier to entry! Focus on cosmetic fixer upper properties you can buy cheaper than move-in-ready homes, then increase your home value with clever renovations. The rise in your net wealth is non-taxable (not selling): instead, reappraise your property to remove Private Mortgage Insurance + apply for a Home Equity Line of Credit to use on your next (taking money out without paying tax). It gets better: after a year, you can rent it out. There is less competition in the single family market than in the multifamily (multiple apartments), so profitable opportunities exist.

08:39 Short Term Rental Strategy
Short term rentals need NOT be jobs. Automate by hiring contractors (cleaners, maintenance, virtual assistants, property managers) and using tech. Short-term rentals need not be fully occupied vs long-term rentals to yield the same monthly. It's easier to fill small gaps than find longer-term tenants. With long-term term tenants, you lock in a low rent relative to higher short-term potential; you’re exposed to a different set of legal issues + tenants can stay for years (good + bad). Both can be active or passive depending on how you set everything up. Neither is clearly superior. You're swapping one set of issues + benefits with long-term rentals for a different set of issues + benefits with short-term rentals.

16:45 Benefit: "Superhero" Mix of Strategies
My strategy combines + innovates on @MeetKevin (buy fixer uppers, rehab, reappraise [remove PMI and get a HELOC], and rent long-term) with someone like @SeanRakidzich (short-term) in a similar fashion as someone like @SeanRay. I went from rental arbitrage (not owning, but just renting out at high short-term rates while only paying low long-term rent) to buying short-term rentals with massive upside, and eventually buying long-term rental units. When researching properties, use conservative long-term rental numbers. But research whether the property could be a short-term rental too, e.g., near public transport or a remote vacation spot. Solutions differ like how you filter short-term guests vs long-term tenants. Fall in love with upside risk (higher than expected short-term rent).

IMPORTANT
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Consult with Michael (Soon)
https://michael-curran.com/finance/consult
Invest with Michael (Soon)
https://michael-curran.com/finance/invest

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