Episode

No.1 Money Expert: Stop Buying Houses, You're Getting Poorer Every Month

Podcast
First Principles
Published
Jul 18, 2026
Duration seconds
1084
Processing state
not_requested
Canonical source
https://traffic.megaphone.fm/PODAGEN6354004748.mp3?updated=1776257700
Audio
https://traffic.megaphone.fm/PODAGEN6354004748.mp3?updated=1776257700
JSON
/v1/public/podcasts/first-principles-7708985/episodes/no-1-money-expert-stop-buying-houses-you-re-getting-poorer-every-month
Markdown
/podcast/first-principles-7708985/no-1-money-expert-stop-buying-houses-you-re-getting-poorer-every-month.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/first-principles-7708985/episodes/no-1-money-expert-stop-buying-houses-you-re-getting-poorer-every-month/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/first-principles-7708985/no-1-money-expert-stop-buying-houses-you-re-getting-poorer-every-month.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

What if everything you've been told about building wealth is keeping you broke? Adrian Wells breaks down why the "safe" financial advice everyone follows might be the riskiest strategy of all. Spoiler alert: your savings account is literally losing you money every single day. 🎯 What You'll Learn: • Why putting money in traditional savings makes you 2.15% poorer annually (the inflation math that'll shock you) • The hidden costs of homeownership that eat 3-4% of your home's value every year • How Japan's 15-year housing crash proves real estate isn't the "sure thing" everyone claims • The S&P 500's 90-year track record that crushes both savings accounts and housing returns 👤 Perfect for: lifelong learners and anyone passionate about personal growth who's ready to question conventional financial wisdom and think differently about money. 📍 Chapters: [00:00] Adrian Wells introduces the wealth-building myths costing you thousands [01:30] The savings account trap: why 0.35% interest rate equals guaranteed loss [04:00] Real homeownership costs beyond your mortgage payment [07:00] Japan's housing market collapse: the cautionary tale nobody mentions [10:00] Stock market returns vs. real estate: the 90-year comparison [12:00] Three actionable steps to stop getting poorer This isn't about getting rich quick. It's about understanding the basic math that separates wealth builders from wealth destroyers. The numbers don't lie, but most financial advisors won't show you this side of the equation. 🔔 Never miss an episode: Follow First Principles on your podcast app and turn on notifications. New episodes drop daily, your next favorite insight is one tap away. 🔍 Topics: personal finance, real estate investing, inflation, stock market returns, wealth building Find all episodes at Fir…