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You are here: Home / Archives for debt

494: When to Sell Equity or Borrow: A Guide for Homeowners, Students, and Artists

September 18, 2024 by Camden Stein · Updated October 9, 2024

How home equity investments, income share agreements, and music royalties work, and how they have elements of equity and debt. Topics covered include: How a home equity investment differs from a home mortgage What is the cost of home equity investments How funding education through income share agreements has changed Why artists sell royalties to their work How individuals can invest in music royalties Show Notes Unlock Product Guide—Unlock Point and Atalaya … [Read more...]

Filed Under: Podcast Tagged With: debt, equity, home equity, home equity investment, income share agreements, royalties

441 Plus: Fixed Rate Debt, Japan and Yield Curve Control, Activist Short Sellers, Treasuries and Taxes

July 29, 2023 by David Stein · Updated August 14, 2023

In Plus episode 441, we consider the economic impact of private-sector fixed-rate debt versus variable-rate debt. We discuss the Bank of Japan's apparent abandoning of yield curve control. When Treasury bondholders have to pay capital gains tax. Finally, we analyze activist short sellers. … [Read more...]

Filed Under: Money Plus Tagged With: activist investing, debt, debt cycle, hedge funds, Japan, short selling, taxes, U.S. Treasuries, U.S. Treasury bonds, yield curve control

285: Money is Debt

January 29, 2020 by David Stein · Updated May 19, 2021

Money can be used to purchase things now or saved to purchase things later. If individuals want to save their money to purchase things in the not too distant future, they can invest in what are known as cash equivalents. These include savings accounts at banks or money market mutual funds. Cash equivalents pay a little bit of interest while also having price stability in that the value of deposits varies little from day-to-day. Money Is Debt Backed By Debt Gary Gorton, Professor of … [Read more...]

Filed Under: Podcast Tagged With: bank runs, counterfeit money, debt, financial crisis, money, money creation, money market funds, money market operations, U.S. Treasuries, U.S. Treasury bonds

194: Four Investment Lessons From Warren Buffett

February 27, 2018 by David Stein · Updated May 27, 2021

Four investment lessons from Berkshire Hathaway's fiscal year 2017 Shareholder Letter with additional insights from Howard Marks and Seth Klarman. Photo by Aleski Tappura In this episode you’ll learn: Why margin loans are dangerous and how Warren Buffett safely uses debt to fund investments.Why we need to invest with our eyes open, focusing on a few fundamentals.Why we need to stick with easy decisions and avoid excessive trading.Why we need to be willing to be early … [Read more...]

Filed Under: Podcast Tagged With: Buffett (Warren), debt, float, investment lessons, Klarman (Seth), trading

188: Should You Pay Off Debt or Invest?

January 17, 2018 by David Stein · Updated February 8, 2022

When should you pay off debt versus investing. Why stocks are not less risky the longer you own them, but younger investors should still own more in stocks. How to invest a lump sum payment. Photo by Tim Gouw In this episode you’ll learn: How net worth consists of both financial capital and human capital.What is the financial return for college.How does asset liability matching apply to mortgages and student loans.How to decide whether you should invest a lump sum … [Read more...]

Filed Under: Podcast Tagged With: asset liability matching, debt, financial capital, human capital, regret, return on investment, time diversification

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