Transcription:
Hi, this is Kenn Renner with AustinVideoBlog.com. Thank you once again for visiting. This is October 13th, 2008 once again. I got another email from Patrick and he’s from Austin. He says:
Good day Kenn,
My financial portfolio has been down by 15%. Ouch!
Historically, the market will bounce back. Its all cyclical.
Anxious how America will vote November 4th.
Yes, Patrick, that is an interesting observation. Even though your stock portfolio is down, it’s all the unsureness that’s out there in the market. Which has people not sure who’s going to be the new leader of the nation. The unsureness about their trust and faith in the stock market that they have their retirement accounts in. The good news is that you have a great house in a great area in Austin. And if you concentrate on paying that off, just making one extra payment per year on a 30 year mortgage, one extra principle interest payment per year will pay that mortgage off in 20 years. And you’re a young guy, I’ve met you before, we’ve toured properties with your family. That’s a comforting thing to know. You’re in the medical industry as well and you understand that we’re all going to get older. So take it from me, it’s important to have a free and clear house. A nice one-story like yours, free and clear by the time you get too old to want to work in the hospital. Thanks for your comment and keep watching AustinVideoBlog.com.
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