Jason is considering doing real estate investing through condominiums rather than traditional, single family houses. Dave doesn't have a problem with condos, but he warns Jason to do plenty of research before making a decision.
Quincy follows Dave on Facebook, and he asks about the value of annuities for long-term retirement. In his answer, Dave explains why he's not a big fan of annuities.
Dave takes on critics of a young man who worked multiple jobs, while scrimping and saving to pay off his mortgage early. This is classic Dave addressing issues such as frugality, financial responsibility, jealousy and victim mentality.
Young Juan calls in from the Caribbean to ask Dave's opinion of real estate investment trusts compared to actually owning rental property.
Steve will be losing his job soon, but he's in a unique situation to handle things. Dave advises and congratulates him for doing such a good job with his finances and looking out for his family.
Lex calls in from Lubbock, Texas, to get Dave's take on annuities. Dave explains them, then advises Lex he can do much better with his investments.
Dave speaks with Diane in Michigan. In the middle of their conversation about retirement and mortgages, he discovers that she and her husband are millionaires.
Dave is fired up after speaking to several millionaires on the show. In this rant, he uses their examples to remind people that politicians don't have the answer to the average American finding financial peace.
Becky calls in from Vicksburg, MS. She has her emergency fund in place and has been investing in mutual funds. Recently, a financial planner suggested that Becky invest in bonds. Dave isn't a fan of the idea.
Steve is retired, and he has about five percent of his retirement savings in gold and silver. He calls in from Denver, CO, to ask Dave if he should hang on to these investments, even though prices have declined, so he'll have something of value if the economy goes bad quickly. Steve looks at the investment as a safety factor, but Dave has some news for him.