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Rob Luna

Rob Luna

๐Ÿ‘ค Speaker
1383 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

It's putting us in a position where we're not going to be relying on these countries.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Now it's a long game.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

We still have to do a lot of things to broaden out our supply chain.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

But again, do we want to just be this services business?

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

We don't make or manufacture or can't sustain our own quality of life here?

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

I don't think so.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

And I think especially when you talk about AI,

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

in the time we do need those blue-collar jobs to come back here to be able to sustain ourselves.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Yeah, so it's kids that are born this year.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Basically, they're getting $1,000 of free money that you can put into a child savings account that that money grows tax-free.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

And so, look, $1,000 in and of itself is not a lot of money.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

However, if you get them invested in something like the S&P, and we did a little thing on this to where if even as a parent,

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

You can contribute another $3,000 to $4,000 on this.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

By the time the kid's 25 years of age, they could have almost a million bucks in there.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

One of the secrets to investing is the earlier you start, the returns are usually the same over a long period of time.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

It's a smaller amount of money that you have to put in to compound into a very large amount of money.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

And so the magic of compounding works for you.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

So what do a lot of people want to do, though?

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Complain, it's only $1,000, or it's only this, or it's only that.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Take it.