This is our quarterly commentary episode. Are we facing inflation? If so, what does that mean, and how does that impact our daily life? The team put in their two cents. Real estate has been crazy for a while now, but for the past couple of weeks, we have seen a fast rise of buyers not only paying way over the asking price but waiving all contingencies including inspections. Tim himself is looking for a house right now, and he said he for sure will not waive inspections. The potential downfall is just too severe for him to stomach. If you don't absolutely NEED a house right now, we encourage you not to get swept up by this "housing tornado" just because all your friends are doing it. Lastly, we discussed fractional shares. Nathaniel likes the idea of being able to afford a tiny part (less than one share) of a giant company. Dan, however, worried that this will encourage self-trading individuals to view the stock market even more so as a casino, not a properly-educated long-term investment. As Nathaniel said, like most financial products (services), they are designed for good reasons, it's when people get too greedy that everything turns into an uncontrollable mess. Educate yourself, do the research, and have a healthy amount of anything!
