Latest / Financial Survival Network / Profit From Property, Live Free - Gary Brode #6291
Transcript
- 0:00Speaker 1: And I found the most amazing, kind, wonderful family and
- 0:03Speaker 1: they're going to care I've went to the house up
- 0:05Speaker 1: for a year. They'll care for that house for a year.
- 0:08Speaker 1: They take care of the utilities, the pool costs, the
- 0:13Speaker 1: electric bill, the heating, whale bill, all of that and
- 0:17Speaker 1: the rent they pay me is terrific. And I'm actually
- 0:21Speaker 1: here in Portugal right now, and we'll be traveling through
- 0:25Speaker 1: to Europe for the summer, Latin and South America starting
- 0:28Speaker 1: in the fall and the winter, and basically my cost
- 0:32Speaker 1: of living is right around zero.
- 0:34Speaker 2: Right now, you are listening to Carrie Let'sa's Financial Survival
- 0:38Speaker 2: Network where you get valuable information you just can't find
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- 0:55Speaker 2: Financial Survival Network now more than ever.
- 1:02Speaker 3: And welcome you are listening to and watching the Financial
- 1:06Speaker 3: Survival Network. I'm your host, Kerrie lutz A. It's six
- 1:09Speaker 3: six twenty five. You know, I stopped giving dates a
- 1:12Speaker 3: long time ago because certain things are evergreen, and when
- 1:16Speaker 3: you give a date, it makes you think that basically
- 1:19Speaker 3: it has a shelf life. Well, what you're about to
- 1:21Speaker 3: hear is something I am going to do. It is
- 1:25Speaker 3: the ultimate house hack. And they call them stackhouses all
- 1:30Speaker 3: these other things. Gary Brodie's with me. Gary, you have
- 1:34Speaker 3: decades of financial experience. Your website Deep Knowledgeinvesting dot com.
- 1:40Speaker 3: I love your headline. The one thing we never hedge
- 1:43Speaker 3: is our opinion, which means you are a truth teller
- 1:47Speaker 3: and we don't have enough of you. Arbitraging your house now,
- 1:52Speaker 3: I've been thinking about this very subject but couldn't really
- 1:55Speaker 3: figure out how to do it, but you have found
- 1:58Speaker 3: a way to do it. First, tell us what arbitrag
- 2:03Speaker 3: in your house is, how you can do it, and
- 2:06Speaker 3: what kind of returns you can get?
- 2:08Speaker 1: Terrific Kerry, Thanks so much for having me so all.
- 2:11Speaker 1: This started about ten years ago. I was living in Manhattan,
- 2:14Speaker 1: had a great apartment there and just sort of had
- 2:16Speaker 1: enough of living in the city. Sold at the high
- 2:19Speaker 1: in New York and bought a terrific home in West Court, Connecticut.
- 2:22Speaker 4: When property prices there were distressed.
- 2:25Speaker 1: I refinanced the house in late twenty twenty one, just
- 2:29Speaker 1: before interest rate started to go up. I like you,
- 2:32Speaker 1: I'm a finance guy and was watching that market. And
- 2:35Speaker 1: so basically what I had was a really large, really
- 2:39Speaker 1: valuable house. And property prices, of course, went up a
- 2:43Speaker 1: huge amount during COVID and have continued to go up
- 2:46Speaker 1: in the.
- 2:46Speaker 4: Last few years.
- 2:48Speaker 1: But because I bought well and financed it well, I
- 2:51Speaker 1: had relatively low expenses. But it was more house than
- 2:55Speaker 1: any one person needed. It was much too large for
- 2:58Speaker 1: my needs. And also I was spending way too much
- 3:01Speaker 1: time caring for it. You know, a lot of my
- 3:03Speaker 1: weekends we're spending cutting the grass, I said, ed Jay
- 3:05Speaker 1: and timmain bushes and getting up on a ladder and
- 3:08Speaker 1: cleaning gutters, and you know, it's not bad work, but
- 3:11Speaker 1: it wasn't fun. And so I decided that what I
- 3:14Speaker 1: wanted to do was rented out. And I found the
- 3:18Speaker 1: most amazing, kind, wonderful family and they're going to care
- 3:22Speaker 1: I've rented the house out for a year. They'll care
- 3:24Speaker 1: for that house for a year. They take care of
- 3:27Speaker 1: the utilities, the pool costs, the electric bill, the heating
- 3:32Speaker 1: whale bill, all of that, and the rent they pay
- 3:35Speaker 1: me is terrific. And I'm actually here in Portugal right now,
- 3:40Speaker 1: and we'll be traveling through to Europe for the summer,
- 3:44Speaker 1: Latin and South America starting in the fall and the winter.
- 3:47Speaker 1: And basically my cost of living is right around zero
- 3:52Speaker 1: right now, and I don't have to cut the grass.
- 3:54Speaker 4: Wow.
- 3:55Speaker 3: And they're doing all the maintenance and everything. I guess
- 3:58Speaker 3: if there's a major repair over one hundred bucks, you've
- 4:01Speaker 3: got to pay for it. But less than that they
- 4:03Speaker 3: pay for it. Is that how this is working?
- 4:05Speaker 4: Yeah, that's exactly it.
- 4:07Speaker 1: So you know, if it's if it's a little minor thing,
- 4:10Speaker 1: you know, these are terrific people with you know, they're
- 4:13Speaker 1: financially secure. They're not going to call me about a
- 4:16Speaker 1: fifty dollars something or other. Obviously, you know, if there
- 4:20Speaker 1: were to be a major problem, like if the authent
- 4:23Speaker 1: appliance were to fail, that's not their fault. And you know,
- 4:26Speaker 1: that's the kind of thing that I could call Best
- 4:28Speaker 1: Buy or PC Richards or somebody from here and you know,
- 4:32Speaker 1: have that appliance put in. I can manage all of
- 4:35Speaker 1: that from here. But that wouldn't be an expense that
- 4:37Speaker 1: I would expect them to.
- 4:37Speaker 3: Pay, right, All right, how long you've been doing this?
- 4:42Speaker 4: So just a moth.
- 4:44Speaker 1: I was officially homeless starting May first, but you know,
- 4:47Speaker 1: I'm homeless with other people's money, which is the happy
- 4:49Speaker 1: kind of homeless. And I spent the whole first month
- 4:53Speaker 1: traveling around the US, seeing people who I really care
- 4:56Speaker 1: about and love. But you know, there were people who
- 4:59Speaker 1: I hadn't seen in a couple of years, and I
- 5:01Speaker 1: think it's really important. You know, I spend all day
- 5:04Speaker 1: thinking about investing in the stock market and how to
- 5:06Speaker 1: make more money, but it's also really important to invest
- 5:08Speaker 1: in relationships.
- 5:10Speaker 4: And so, you know, I.
- 5:12Speaker 1: Traveled around and saw people that I cared about, and
- 5:14Speaker 1: I saw clients in person who I talked to regularly,
- 5:18Speaker 1: but it had never met face to face, and it
- 5:20Speaker 1: was it was terrific. And then at the end of May,
- 5:24Speaker 1: I got on a plane. I flew here to Lisbon.
- 5:26Speaker 1: I've been here for a week, and Carrie, I did
- 5:29Speaker 1: something that I have never done at any point before.
- 5:32Speaker 1: When I came to Lisbon, I had a one way
- 5:35Speaker 1: plane ticket. People keep asking me how long I'm going
- 5:37Speaker 1: to be here, and my answer is, I don't know,
- 5:40Speaker 1: We'll see. And after a week I'm starting to think
- 5:44Speaker 1: I might want to stay longer.
- 5:45Speaker 4: And the beauty is.
- 5:46Speaker 1: I don't have to restructure anything. I don't need a
- 5:48Speaker 1: different plane ticket. I can just call my airbnb host
- 5:52Speaker 1: and say, hey, I really like it here. Any chance
- 5:54Speaker 1: you guys would consider having before another week, another month, whatever.
- 5:59Speaker 4: Feel right at the time. All right, So.
- 6:05Speaker 3: I find it really fascinating here. And so basically you're
- 6:10Speaker 3: traveling around Europe for virtually nothing, right.
- 6:14Speaker 1: Yeah, you know, I took a look, and I know,
- 6:18Speaker 1: you know, if I spend a certain amount per month,
- 6:21Speaker 1: which is more than I need to live happily and comfortably,
- 6:24Speaker 1: my cost of living is zero.
- 6:25Speaker 4: But you know, think about it this way.
- 6:27Speaker 1: If I go over by one thousand dollars a month,
- 6:30Speaker 1: at the end of the year, it will have cost
- 6:31Speaker 1: me twelve thousand dollars to live at in half a
- 6:33Speaker 1: dozen different countries and have the adventure of a lifetime.
- 6:36Speaker 3: Well I'm envious here, man, Like I am serious, I'm
- 6:39Speaker 3: going to do it. Just figuring out the logistics. How
- 6:43Speaker 3: do you find a high quality ten intire that isn't
- 6:46Speaker 3: going to turn your house into a party scene every
- 6:50Speaker 3: Saturday night.
- 6:51Speaker 4: So part of it was a little bit of luck
- 6:54Speaker 4: and obviously some good screening.
- 6:55Speaker 1: And I have a real estate agent, patche who I
- 6:59Speaker 1: actually love, and I have a great relationship with Pax.
- 7:02Speaker 1: She was the one who helped me buy my house,
- 7:05Speaker 1: and she's somebody at trust and it took her, I think,
- 7:07Speaker 1: all of six days to find me the right people.
- 7:10Speaker 1: And I don't want to give names to violate their privacy.
- 7:14Speaker 1: But when this couple was walking through the house with me,
- 7:17Speaker 1: you know, they're the same age as me, and they
- 7:19Speaker 1: were just fun and interesting. We were sharing stories. Clearly
- 7:23Speaker 1: we got along. And then you know, near the end,
- 7:26Speaker 1: we walked into the downstairs study. My office is upstairs,
- 7:30Speaker 1: but there's a second office on the first floor, and
- 7:34Speaker 1: they said, hey, any chance we could turn this into
- 7:36Speaker 1: a bedroom and I saw, of course you could.
- 7:39Speaker 4: It would be very easy.
- 7:40Speaker 1: Man asked why and their answer was, well, we need
- 7:44Speaker 1: a room for our live in maid. I said, you
- 7:46Speaker 1: have a live in maid? They said yeah.
- 7:48Speaker 4: And at that point any.
- 7:49Speaker 1: Concerns that the house wasn't going to be cared for
- 7:53Speaker 1: was instantly gone. And I thought, my god, I want
- 7:57Speaker 1: these people. I don't want to rent to anyone else.
- 8:00Speaker 1: I want them. And throughout the whole process they were fun,
- 8:04Speaker 1: easy to deal with, easy to negotiate with. We were
- 8:07Speaker 1: all kind of accommodating with each other. We didn't really
- 8:10Speaker 1: negotiate hard with each other on either side, and they're
- 8:14Speaker 1: just really terrific people.
- 8:16Speaker 3: That's so good. And so you're going to do this
- 8:19Speaker 3: again next year.
- 8:20Speaker 1: You know what's really interesting as this cumble was walking
- 8:23Speaker 1: through the house, they said, you know, we really wanted
- 8:25Speaker 1: to rerlease, and my response was, you know what, as
- 8:29Speaker 1: of today, I'm happy to commit to one year, but
- 8:32Speaker 1: everything's negotiable. Let's talk. Why don't we see how you
- 8:35Speaker 1: like living here and why don't we see how I
- 8:37Speaker 1: like living everywhere else? And you know, we'll get together
- 8:42Speaker 1: and form on six months, am months, whatever it is,
- 8:44Speaker 1: and we'll talk and figure out what makes sense. But
- 8:47Speaker 1: if they want to stay and I'm enjoying it here,
- 8:49Speaker 1: I definitely would, you know, Carrie, one thing I think
- 8:52Speaker 1: is really worth relying is the emotional side of it.
- 8:57Speaker 1: I thought it would be really hard, you know, it
- 8:59Speaker 1: can be scary to give up your home, your possessions,
- 9:02Speaker 1: to basically look at a bag and say this is
- 9:04Speaker 1: what I have for a year. And when I did
- 9:07Speaker 1: the deal, I expected to feel anxious, worried, upset, you know,
- 9:12Speaker 1: concerned about my stuff, and instead I felt happy in
- 9:15Speaker 1: light And it's really interesting for me because as somebody
- 9:18Speaker 1: who I've spent my whole career focusing on how do
- 9:21Speaker 1: I make more money?
- 9:22Speaker 4: How do I get more?
- 9:23Speaker 1: And there was our possessions can weigh us down, and
- 9:26Speaker 1: there was something really free about just letting go of
- 9:30Speaker 1: everything and saying it'll all be fine, this will all
- 9:34Speaker 1: be fine without me, and I don't need so much,
- 9:37Speaker 1: and I'm living in comfortable places. They're just smaller and
- 9:40Speaker 1: it's really been amazing to let go.
- 9:43Speaker 4: It's made me feel more free.
- 9:44Speaker 3: Hey man, I love it. Man, this is such a
- 9:46Speaker 3: great story here. And so if somebody wants to follow
- 9:51Speaker 3: your example, is there a way to do it logically?
- 9:54Speaker 3: What's the first step?
- 9:56Speaker 1: So I think the first step is, first of all,
- 9:59Speaker 1: figure out yourself what kind of life do you want
- 10:02Speaker 1: to have, where do you want to live, and then
- 10:05Speaker 1: look at the finances of it, right Like, for example,
- 10:08Speaker 1: you know, if you live in a part of the
- 10:10Speaker 1: world where rental prices are very low and you want
- 10:14Speaker 1: to go live in like Monaco or Berlin or other
- 10:17Speaker 1: places you know, or in London, places that are really expensive,
- 10:21Speaker 1: that may be hard. In my case, I was coming
- 10:23Speaker 1: from a place where property values are very high and
- 10:28Speaker 1: you know, I wanted.
- 10:29Speaker 4: To come to Portugal, where life isn't what's.
- 10:31Speaker 3: Uh Northeast forget about it. You know, it's it's insane there.
- 10:36Speaker 3: I lived not too far from you in Westchester County,
- 10:39Speaker 3: and we had the privilege of paying the highest property
- 10:41Speaker 3: taxes in these here United States.
- 10:45Speaker 4: Yeah, exactly.
- 10:47Speaker 1: And so you know, when you it works if there's
- 10:51Speaker 1: an arbitrage, If the place you want to live or
- 10:54Speaker 1: go or in my case travel is less expensive than
- 10:57Speaker 1: the place that you're renting out, you have more flexibility.
- 11:01Speaker 1: Part of it also is you have to figure out
- 11:03Speaker 1: do you want to rent furnished or unfurnished. In my case,
- 11:06Speaker 1: I really didn't want to have to pack up my
- 11:08Speaker 1: whole house, and part of my deal was I'm renting furnished.
- 11:12Speaker 4: If anyone wanted the place unfurnished, I.
- 11:14Speaker 1: Told them they could pay to pack up all my
- 11:16Speaker 1: stuff and store it and put it back.
- 11:18Speaker 4: Nobody wants to do that. Packing is a pain in
- 11:21Speaker 4: the but.
- 11:22Speaker 1: Obviously I got my personal stuff out of the way.
- 11:25Speaker 1: You know, people aren't living with my stuff in the closet.
- 11:30Speaker 1: But you know, I just negotiated with people and said,
- 11:33Speaker 1: you know, listen, I'm going to take one closet to
- 11:36Speaker 1: put boxes in.
- 11:36Speaker 4: I'm going to put some stuff in the garage.
- 11:38Speaker 1: And I wanted one day in the garage for my car,
- 11:40Speaker 1: and they were kind enough to say, sure that works
- 11:42Speaker 1: for us, and they took the place furnished. And because
- 11:46Speaker 1: of the kind of people I'm renting to, I'm really
- 11:48Speaker 1: not worried that I'm going to come home to a
- 11:50Speaker 1: destroyed couch. And you know, I think you were the
- 11:53Speaker 1: one who asked me, you know what, like what if
- 11:55Speaker 1: they break something? And the truth is, yeah, they might
- 11:57Speaker 1: drop a dish and break it and want it'll all
- 12:00Speaker 1: be fine, and too if I were at home, maybe
- 12:02Speaker 1: i'd drop aedition break in.
- 12:04Speaker 3: Yeah, you never know, never know, So you lock up
- 12:07Speaker 3: your really precious things in the storage.
- 12:10Speaker 1: Yeah, you know, I have safes in the house. I
- 12:15Speaker 1: had other places where I could put things.
- 12:19Speaker 4: You know.
- 12:19Speaker 1: The truth is, other than you know, some watches and
- 12:23Speaker 1: you know, some some sentimental jewelry for my grandparents, I
- 12:27Speaker 1: don't necessarily have a lot of high dollar value possessions,
- 12:33Speaker 1: you know, I would. Nobody's going to steal the TV.
- 12:35Speaker 1: It's not worth that much anyway. And I'm just like
- 12:40Speaker 1: I said, I got lucky enough to find people where
- 12:42Speaker 1: I felt light and easy and like I could let
- 12:44Speaker 1: go and just not worry about it so much. But listen,
- 12:48Speaker 1: for the people listening to this, this is something you
- 12:50Speaker 1: want to do, and you really are worried about stuff
- 12:53Speaker 1: like that, then that's okay. You know, you can pack
- 12:57Speaker 1: up your stuff and store it and it'll cost you
- 12:59Speaker 1: something and need your margins a little, but there's nothing
- 13:02Speaker 1: wrong with doing that. A lot of people prefer to
- 13:04Speaker 1: rent unfurnished anyway, and it may give you the choice
- 13:08Speaker 1: of or a larger choice of the potential renters.
- 13:12Speaker 3: Yeah, right, And so you have to plan it out.
- 13:16Speaker 3: You can't just say one day I'm going to do
- 13:18Speaker 3: this and then you do it. It doesn't work that way, right,
- 13:22Speaker 3: But so what kind of if you pay like virtually
- 13:27Speaker 3: nothing for your house, I mean, it's the ideal. It's
- 13:30Speaker 3: kind of like you're taking on debt and then you're
- 13:33Speaker 3: letting your tenant pay the pay your mortgage for you
- 13:37Speaker 3: effectively and your taxes. And if you pay eighty percent
- 13:41Speaker 3: of it, you're that much further ahead. And you got
- 13:44Speaker 3: to do it for you got to do what you
- 13:47Speaker 3: really wanted to do, right, It's an amazing fit.
- 13:50Speaker 4: I mean, I love that's exactly that's exactly right.
- 13:53Speaker 1: So when I did the math on this, I said, okay,
- 13:56Speaker 1: you know monthly rent is X. From that, let's subtract
- 14:00Speaker 1: come taxes because you have to make taxes on the
- 14:02Speaker 1: rental income. And then we subtract property taxes and my
- 14:08Speaker 1: home insurance and a reasonable estimate of what maintenance will
- 14:12Speaker 1: be for the year, Like you said, you know, hey,
- 14:14Speaker 1: I have an appliance breaks who's let on.
- 14:17Speaker 4: Of course, there's the.
- 14:18Speaker 1: Mortgage, and then local property taxes, which are maybe a
- 14:22Speaker 1: little bit lower in Westport than when you were in Westchester,
- 14:26Speaker 1: but they're not free. And so I did the math
- 14:29Speaker 1: on all of that and said, wait in a minute,
- 14:31Speaker 1: even when I subtract all of these things, so all
- 14:35Speaker 1: of these expenses will be paid for by my tenant,
- 14:37Speaker 1: and that leaves me money left over to live on
- 14:41Speaker 1: and enjoy. And so that part has really been fun.
- 14:44Speaker 1: The other thing, too, is, you know, my home in
- 14:47Speaker 1: Westport is it's large, and so the electric bill is high,
- 14:52Speaker 1: and the heating oil bill is high, the pool costs
- 14:54Speaker 1: are high, and all of a sudden, it's very nice
- 14:57Speaker 1: to be able to pass those expenses on and have
- 15:00Speaker 1: somebody else take care.
- 15:01Speaker 4: Of it, all right, it's not just income, it's a
- 15:05Speaker 4: reduction of expenses.
- 15:07Speaker 3: Yeah, which you know, that's one of the best ways
- 15:10Speaker 3: of making money is saving money. Many of you don't
- 15:14Speaker 3: realize it, but every dollar you save is a dollar
- 15:18Speaker 3: that can be put elsewhere, whether it's retirement funds or whatever.
- 15:23Speaker 3: And you could basically if you feel like you want
- 15:26Speaker 3: to travel three months of the year, you do it
- 15:29Speaker 3: for three months.
- 15:30Speaker 4: Right, that's exactly right.
- 15:32Speaker 1: And you know, just as an example, I've had winter
- 15:36Speaker 1: months where you know, I think it's really whole. My
- 15:38Speaker 1: heating oil bill at times has been fifteen hundred dollars
- 15:41Speaker 1: for a month.
- 15:42Speaker 4: One time I had a one thousand dollars heating bill
- 15:45Speaker 4: for one week.
- 15:45Speaker 1: It was just freezing cold outside and the boiler was
- 15:48Speaker 1: running constantly. To not have those expenses ticking against me, right,
- 15:53Speaker 1: to have somebody else taking care of that while I'm
- 15:56Speaker 1: you know, here where it's seventy five degrees and sunny
- 15:59Speaker 1: and doesn't get dark till nine thirty at night has
- 16:01Speaker 1: really been amazing. The other thing that's worked for me
- 16:06Speaker 1: is and I've had a lot of practice at this.
- 16:08Speaker 1: When I set up the Anowledge Investing I decided I
- 16:11Speaker 1: never wanted to have an office. I set up the
- 16:13Speaker 1: firm so I could work from anywhere and regularly. Over
- 16:16Speaker 1: the last five years have traveled. I go away for
- 16:19Speaker 1: a month or two at a time. I've lived in
- 16:21Speaker 1: different countries. That's been amazing. And what I've found is
- 16:24Speaker 1: that I am not only as effective, I'm actually more
- 16:27Speaker 1: effective when I'm on the road. Something about the excitement
- 16:31Speaker 1: and friction and different experiences I have spark some creativity
- 16:36Speaker 1: in me, and I write more, I think more, I
- 16:39Speaker 1: see things differently, and so you know, when I've been away,
- 16:43Speaker 1: I've actually done more and better work than when I
- 16:46Speaker 1: was at Hall.
- 16:47Speaker 3: Amazing, and you're happier right to Yeah, you're away from
- 16:51Speaker 3: the rat race.
- 16:52Speaker 4: Yeah, it's in.
- 16:54Speaker 1: I mean, just as an example, I've gone out every
- 16:57Speaker 1: night this week. You know, remember here the the market
- 17:00Speaker 1: doesn't open till two thirty. It doesn't close it till
- 17:03Speaker 1: nine o'clock, which is a really normal time in Lisbon
- 17:06Speaker 1: to go out for dinner. Yesterday, I was at a
- 17:09Speaker 1: coworking event. Tonight, I'm going to a social event. Two
- 17:13Speaker 1: nights ago, there was a digital marketing event the night
- 17:17Speaker 1: before there was an event for expats to play board
- 17:20Speaker 1: games like there's there are just constantly things went on.
- 17:23Speaker 1: And here's one thing that's just completely different. Walking around Lisbon.
- 17:28Speaker 1: I'm I'm walking up and down these hills for a
- 17:30Speaker 1: mile or two every day. I'm healthier and living better.
- 17:33Speaker 1: And Andrew, Hey, I got to tell you like funny story.
- 17:40Speaker 1: I took May off, I should say April. The month
- 17:43Speaker 1: of April, I went to Spain, went to Thailand, came back,
- 17:47Speaker 1: hung out in Spain for a few days. And of
- 17:51Speaker 1: course that was when we had the blackout, which you
- 17:53Speaker 1: guys had also. And unlike in New York, where everything
- 17:58Speaker 1: hits the fan, god forbid, you don't have lights on.
- 18:02Speaker 3: I mean, life can't go on. Well, I was fortunate
- 18:05Speaker 3: my hotel had a backup generator. But I walked that
- 18:09Speaker 3: day twenty five thousand steps Gary. When I got home,
- 18:14Speaker 3: I had lost four pounds on a vacation.
- 18:17Speaker 4: How does that happen?
- 18:18Speaker 3: Huh?
- 18:19Speaker 4: Yeah, that is amazing.
- 18:21Speaker 1: And obviously, you know, in a place like this, European food,
- 18:25Speaker 1: the portions are a little bit smaller.
- 18:26Speaker 4: I've lost weight as well.
- 18:28Speaker 1: And one of my favorite things to do a lot
- 18:30Speaker 1: of times, people like to stay, you know, wherever it's
- 18:33Speaker 1: closest to the center of town. I'll often stay a
- 18:35Speaker 1: mile out. You can get a nicer place. Yeah, with
- 18:40Speaker 1: a little more distance. Yeah, But here's the beauty of it.
- 18:43Speaker 1: You want to go to breakfast, mile there, a mile back.
- 18:46Speaker 1: You want to go to dinner, mile there, a mile back,
- 18:49Speaker 1: you have to walk two miles. Rather, you get to
- 18:51Speaker 1: walk two miles just to go ab a me all
- 18:54Speaker 1: and that is terrific. And on Sunday, I'm supposed to
- 18:58Speaker 1: meet somebody for a.
- 18:59Speaker 4: River cruise down at the river.
- 19:01Speaker 1: That's a thirty minute walk from here to get down
- 19:04Speaker 1: to the pier, and it's going to be a thirty
- 19:06Speaker 1: minute walk up hills on the way back.
- 19:07Speaker 4: Wow.
- 19:08Speaker 3: I love it. Man. I'm coming back as Gary Brody
- 19:11Speaker 3: in my next life.
- 19:13Speaker 4: It's a pretty good life. And interesting that you mentioned Thailand.
- 19:17Speaker 1: I have been there several times since I started Deep
- 19:20Speaker 1: Knowledge investing. A couple of years ago. I went there
- 19:22Speaker 1: for a month and just loved living there. It was terrific.
- 19:27Speaker 1: And then earlier this year I took a two month
- 19:29Speaker 1: trip through Thailand, Vietnam and Korea and was just great
- 19:35Speaker 1: to go back and you meet people and visit some
- 19:37Speaker 1: of the same people in some of the same places.
- 19:39Speaker 3: All right, man, hey, so this's just one example of
- 19:43Speaker 3: all the hacks you have created, finance hacks, ways to
- 19:48Speaker 3: save money, ways to make money in the market, and elsewhere.
- 19:52Speaker 3: Just tell us where do we find you, How do
- 19:54Speaker 3: we connect with you on the web?
- 19:55Speaker 4: Thanks Kerry. Best place to go is Deep Knowledge Investing
- 20:00Speaker 4: if any of you want to reach out to me.
- 20:03Speaker 4: Either I are at Deep Knowledge Investing dot com.
- 20:06Speaker 1: I read everything that comes to that email and respond,
- 20:09Speaker 1: or if you go to the website the Acknowledge Investing
- 20:12Speaker 1: dot com, there's an ask Gary button. Just click that
- 20:15Speaker 1: and type in whatever you want to know. I get
- 20:18Speaker 1: those messages, respond to them, and then on social media,
- 20:21Speaker 1: I spend most of my time on x that's Gary
- 20:24Speaker 1: Underscore Broadbrode.
- 20:27Speaker 3: All right, excellent, Gary, really appreciate you coming on. The
- 20:29Speaker 3: link will be in the show notes of this interview
- 20:31Speaker 3: on Financial Survival Network dot com. Urge all of you
- 20:35Speaker 3: to go over there. Don't forget the book The World
- 20:39Speaker 3: according to Martin Armstrong Conversations with the Master Forecaster is
- 20:43Speaker 3: for sale. You'll find a link in the show notes,
- 20:46Speaker 3: and you can always just go to Amazon and put
- 20:50Speaker 3: in World. According to Martin Armstrong, sold over fifteen hundred
- 20:54Speaker 3: copies in just over three weeks. Really happy with the
- 20:58Speaker 3: sales and they can continue coming in one after the other. Gary,
- 21:02Speaker 3: great to have you on. We will talk to you
- 21:05Speaker 3: again soon.
- 21:05Speaker 4: Thanks, thanks for having me Caring, Congratulations on the book.
- 21:08Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network, your
- 21:13Speaker 2: solution to today's trying times. For the latest, go to
- 21:17Speaker 2: Financial Survivalnetwork dot com. Financial Survival Network now more than ever,