Donald Trump is at it again (did he really ever stop?), making huge headlines for saying wildly unpopular things that, let’s face it, a lot of us fear might be true. These days, Trump is telling some hard truths about housing, and if he’s right the federal government could be setting up investors for PURE DISASTER. I’m Carole Ellis, and I’ll tell you all about how Trump is threatening housing today, in Episode 52.
So Donald Trump isn’t known for his discretion or respect for the tender feelings of others, and he’s back at it again (and not just by finally routing his main competition, Ted Cruz, right out of the race), riling up the federal government elite, making some nasty housing observations – and accusations – against the Federal Reserve and the entire federal government. I’ll tell you all about what the Donald said in just a minute, but since we’re talking about Trump I want to mention a really interesting resource we’ve got in the REI Today Vault right now. It’s a timeline that we built using a LOT of public information that is dispersed ALL OVER the internet, but that you don’t usually see all in one place. It puts the Donald’s professional and personal life in unique perspective, and it also sheds light on something that might be, well, a little misleading that he’s been saying about a certain real estate related lawsuit he’s involved in. You can get the details on the LAWSUIT in episode 41 (that’s www.rei.today/41), and you can view our “Truth About Trump Timeline” in the REI Today Vault at www.rei.today/vault or by texting REITODAY no spaces, no periods, to 33444 for access. It’s startling information, and it changed the way I thought about the guy. Check it out, because it could affect your vote!
Now, back to Trump’s latest (and, in my opinion, one of the greatest) things he’s up to. Here are the details:
Trump has made no secret of the fact that he thinks that he could do a far, far better job of running, well, just about everything in the United States than the individuals currently in the driver’s seat. One area in which he hasn’t been so critical, however, has been interestingly enough, the Federal Reserve. Trump recently actually said that in his opinion, Janet Yellen, the current chair, has done a “serviceable” job in her position, but that doesn’t mean she wouldn’t get the old “You’re fired” if he takes office next year as president of the United States. In a recent interview with Fortune magazine, Trump said that he thinks the Fed has done the right thing in keeping interest rates low, despite the fact that many analysts fear that this is creating a fully artificial market recovery. However, said Trump, the main reason Yellen has made this good move is for a bad reason – to help keep the current president looking good until he leaves office. In a separate interview also with Fortune, Trump explained exactly why he would let Yellen go. “She’s highly political,” he said, adding, “Obama told her not to because he wants to be out playing golf in a year from now…and he doesn’t want to see a big bubble burst during his administration.” The implication is that once our current president is out of office, Yellen would likely raise rates and create what Trump has called a “scary situation” for the U.S. economy. As is his way, Trump promised that not only would he get “other people” into place in Fed leadership, but that he would also do other, unspecified but, he assured readers, “good things” that would help the U.S. economy.
Whether you love him or hate him, it’s looking more and more likely that Donald Trump will snag the republican nomination for president unless something unprecedented happens very soon. REI Today wants you to have all the information about the guy that you need to make a decision, so please check out our Trump Timeline (I mentioned it earlier) to get a different view of his history and the high-profile, extremely controversial real estate education lawsuit in which he’s currently embroiled. You can access information about that lawsuit at www.rei.today/41, and check out the timeline in the REI Today Vault at www.rei.today/vault. Not yet a member? I’ve got you covered! text REITODAY no spaces, no periods to 33444 and I’ll immediately send you the information you need to get that access and ALSO provide you with fast, immediate access to all sorts of great trainings, news coverage, interviews, and lot more timely information that will help make your investing safer, faster, and more profitable.
And remember, when you do that, you’ll also be able to GROW YOUR NETWORK by interacting with me and your fellow listeners to REI Today… so stop by to ask questions, make comments and network with other investors across the country. Text REITODAY no spaces no periods to 33444 or head over to www.rei.today/vault right now.
REI Nation, thanks for listening in and always remember this:
Your best investment is your own education.
Carole Ellis is the host of Real Estate Investing Today, a popular 9-minute daily podcast focused on educating real estate investors about the important topics that will make their investing SAFER, FASTER, and MORE PROFITABLE. She's also the editor of the Bryan Ellis Investing Letter. She has more than a decade's worth of experience in and reporting on the real estate industry and, additionally, has written dozens of courses on the topic. Carole lives in Kennesaw with her husband, Bryan, and four children. She believes wholeheartedly that your best investment is always your OWN education.