Here's a unique way to understand risk and figure out what the right amount is to take. Too little you won't grow your money as much as you could. Too much, and someone could make 400% returns on $0. Which is $0 for the math wizards out there.
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LISTENER QUESTION/COMMENTS
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Someone gave advice to cash out some stock and pay off the house as soon as you get off the phone and I wonder if this is good advice (Dan from New Hampshire)
Chase is being completely unresponsive to my IRA transfer request (Christina from California)
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TOPICS
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What it's like to live on Hoth.
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ENCORE
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Schools Don't Teach About Money. Make Sure Your Child Doesn't End Up A Money Moron. Click To Learn More:
https://BestMoneyAcademy.com?utm_source=libsyn
There are money whisperers that get into our brains and cause us to do both good and bad things with money. Listeners write in what they've heard and we look at what the outcomes could be.
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LISTENER QUESTION/COMMENTS
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Money makes the world go ‘round (Samantha)
Make wise choices with purchases (Deneen)
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TOPICS
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Snoop Dog and Gene Simmons are doling out investment advice. It must be good.
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ENCORE
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Schools Don't Teach About Money. Make Sure Your Child Doesn't End Up A Money Moron. Click To Learn More:
https://BestMoneyAcademy.com?utm_source=libsyn
There are money whisperers that get into our brains and cause us to do both good and bad things with money. Listeners write in what they've heard and we look at what the outcomes could be.
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LISTENER QUESTION/COMMENTS
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Your employer and the government will take care of your retirement (James)
When you need something buy it cheap, so long as it has good reviews (Emma)
My parents explained whole life Insurance is good and bought some Gerber policy for our kids over 10 years ago (Jay, Detroit)
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TOPICS
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Is a house a good investment or not? The answer will surprise you.
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ENCORE
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Schools Don't Teach About Money. Make Sure Your Child Doesn't End Up A Money Moron. Click To Learn More:
https://BestMoneyAcademy.com?utm_source=libsyn
A new listener realizes she doesn't know much about finances. In this financial breakdown we outline where to get started and where to go next.
GameStop stopped being a game for a bunch of losers. Scott repeats his time honored wisdom - I TOLD YOU SO!
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LISTENER QUESTIONS:
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I need direction on the best moves for my future. And to quit piddly spending (Amy)
I have about $5,000 in a standard brokerage account that was set up when I was born, that I'm not really sure what to do with. Would pulling it out and taking the tax hit to max out my IRA and add to my savings be unwise (Michael)
Can we roll an old Roth 457 into a new employer's Roth 457 if their fees and fund choices are good or can we roll it into a regular Roth IRA at Schwab where we can pick the funds/fees (Angie)
On the Roth IRA, I'm only allowed $6,000 a year. So if I go over that amount with gains, do I get fined (Pablo)
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ENCORE
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Schools Don't Teach About Money. Make Sure Your Child Doesn't End Up A Money Moron. Click To Learn More:
https://BestMoneyAcademy.com?utm_source=libsyn
The GameStop stock roller coaster has come to the dip. What are the lessons here and what is the real way to build real wealth?
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LISTENER QUESTIONS:
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I am intrigued by what happened with game stop stocks and the reddit fiasco (Deanna the Dog Walker)
I would like to know more about how to keep our money instead of loaning it interest free to Uncle Sam (Julia)
I'm really having a hard time right now because I can't afford laptop and having online class without laptop is so hard (Nadine)
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ENCORE
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Schools Don't Teach About Money. Make Sure Your Child Doesn't End Up A Money Moron. Click To Learn More:
https://BestMoneyAcademy.com?utm_source=libsyn