Hey Friends,
Just 5 fun facts to share with you today and my weekly quote to ponder. Have a great weekend!
Blessings,
Andrew
Fun Fact 1:
Cost of living is the top issue for a record-high 41% of Americans, according to Gallup.
Source: GALLUP
Fun Fact 2:
The average rate of new car loans has spiked over the last year and has been getting close to 8%.
Source: Zillow Group via Of Dollars and Data (Hat tip to Trevor Shakiba of Shakiba Capital for sending this article along)
Fun Fact 3:
The average rate of new car loans has spiked over the last year and has been getting close to 8%.
Source: Haver Analytics, bankrate.com average of new car loan rates; BofA Global Research
Fun Fact 4:
38% of US Homeowners surveyed by Redfin said they didn’t think they could afford to buy the home they are living in today at current prices/mortgage rates. An additional 20% said they “might not” be able to afford their current home.
Source: REDFIN
Fun Fact 5:
Berkshire Hathaway’s cash pile hit a record $168 billion in Q4, a significant increase from the $105 billion it held in cash near the 2022 stock market lows.
Source: Charlie Bilello
Quote I’m pondering:
“Having loads of liquidity lets us sleep well. Moreover, during the episodes of financial chaos that occasionally erupt in our economy, we will be equipped both financially and emotionally to play offense while others scramble for survival.” –Warren Buffett
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.
