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If you had to guess what would have made a better investment in 2020 out of stocks, gold, real estate, and cars. Most people would not have guessed cars. But it’s true. Over the past 2 years, stocks are up around 24%, gold has stayed almost perfectly flat, real estate is up a massive 40%, but even real estate doesn’t compare to used cars which are up over 50%.

As it turns out, buying a car in 2020 is one of the best money moves you could have made. I know, that sounds ridiculous, because we’re accustomed to cars losing a significant amount of value the second you drive it off the lot, but because of certain events over the last couple of years, cars have been appreciating at record rates.

Now in 2022, cars have become the most unaffordable they have ever been, and repo’s are on the rise. Many experts believe the car market is in a bubble that could be about to pop.

So in this video I wanted to talk about why cars are in a bubble, what is likely to happen to car prices in the future, and my own advice on what you should do if you own a car, or are in the market for a car right now.

Topics covered in this video: how to invest, investing for beginners, used cars, new cars, car buying advice, when to buy a car, car bubble, 2022 car prices, should i buy a car, should i buy a used car right now, car market crash 2022, recession 2022
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DISCLAIMER: Karson Gaule receives cash compensation from Wealthfront Brokerage LLC ("Wealthfront") for sponsored advertising materials. Wealthfront only sponsors content that relates directly to Wealthfront and does not sponsor the entirety of this video. Any recommendations made are Karson Gaule’s own opinion and Wealthfront does not endorse, sponsor, or promote them. Checking features for the Cash Account are subject to identity verification by Green Dot Bank. Cash Account is offered by Wealthfront, a member of FINRA/SIPC. Neither Wealthfront nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. Investment management and advisory services are provided by Wealthfront Advisers LLC, an SEC registered investment adviser.

Everything in this video is of my own opinion and could be wrong. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.