Comments by "Steven Hull" (@stevenhull5025) on "Minority Mindset" channel.

  1. We call today's kids the "latchkey" kids. Returning from school and nobody at home as both parents working
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  2.  @Corkfish1  Same as me. My house cost 21,000 in 1981. Now in 2021 40 years later it is valued at 350,000 with no mortgage and no rent to pay. If I had not bought at the time but rented for 40 years I would now be at the mercy of a landlord paying ever increasing rent with no equity. House prices have peaks and troughs as do interest rates but in the long term a mortgage and rent free retirement should be the ultimate goal.
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  3. Not just the ridiculous lockdowns but the trillions printed from thin air by the Fed and central banks. Swamping the economy with confetti resulting in the current inflation rates, rising mortgage rates and the destruction of the middle classes. Government and banks should be held to account.
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  4. My wife and I worked like dogs for 40 years, went without on numerous occasions and retired recently. We used our pension lump sums to buy a rental property. We are now victimised as greedy because we take rent from someone who needs a place to live. The government is also threatening to double housing rates because we have a "second" home. What is the point of investing if others look down on you??
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  5.  @Corkfish1  Let me add to this. I also bought another house at the peak in 2007 prior to the crash. Now in 2021 the property is only worth what I paid then. Your neighbour bought near the peak (2007) as I did. The property which is worth much more was bought 40 years ago (1981).
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  6.  @Corkfish1  But irrespective of the house value, is it not better to own the home outright at the end of the mortgage term than paying rent forever ? (which increases year on year).
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  7. First class advice. I wish I knew this 50 years ago. It is true what you say. We all give ourselves excuses. NO TIME. When one drills down to those two words it really means - I cannot be bothered and "No Time" is just a cop out. My advice to the younger generation. The world order I have known for the past 60 plus years is shifting. The golden years in the West are well and truly over. The new order is ASIA if we like it or not. If you can concentrate your investments in that region over time you will do well.
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  8. The word is "materialism" and most people buy worthless tic tac and not investments.
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  9. Correct. Printing trillions has debased the dollar in your pocket. Thank the Fed.
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