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Could Custodial IRAs Help Young Adults Buy Homes? Some parents and grandparents have that possibility in mind. Individual Retirement Arrangements (IRAs) are for retirement saving, right? Absolutely. Is that their only purpose? Not necessarily. Imagine using an IRA not only to save, but to facilitate a home purchase. This would obviously be a tall order for an adult, given current home values, yearly IRA contribution limits, and the priority of amassing retirement savings. How about for a child, though? Could an IRA help them out?
Young Adults Buy Homes?
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Tunde continues his talk with Jamarlin Martin from GHOGH Podcast. They discuss how QE or quantitative easing (money printing) is likely to look different in the next financial crisis in America and some tax benefits with side hustles....
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Tunde Ogunlana talks to Jamarlin with GHOGH Podcast. We discuss what an inverted yield curve usually means in the bond market and why Federal Reserve Chair Jerome Powell can't tell the public the truth when he sees big trouble on the horizon. We also discuss the global economy being trapped between massive debt and a starting place of low rates at the end of the economic cycle.
and Global Economy
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Tunde Ogunlana talks to Jamarlin Martin from GHOGH Podcast about Estate planning and Snoop Dogg’s comment that he doesn’t need a will.