MTI121 REWIND: Mistakes in Investing, with Phil Ash

Bringing one more blast from the past, Phil Ash shares some of the most common investing mistakes we make that prevent us from maximizing our returns.

Then our panelists discuss their “favorite” mistakes.

About Phil Ash:

Formerly of Baton Investing, a stock-picking app that claims to have beat the market by more than 300% since 2003 and takes just 30 seconds a month to use.

Phil is now President of InvestingDaily.com, a team of top investment analysts seeking to create the finest financial advisory services possible.

You can contact Phil through his website, CapInfoGroup.com or on Twitter @PhilAsh

Topics covered include:

•    Major investing mistakes that you might be making, including paying high fees (including for your 401(k)), paying off your mortgage early, letting your emotions rule you, and more
•    How a bucket strategy can help you avoid certain investing mistakes and keep you on the right track
•    How you can avoid the same investing mistakes made by most other investors and see solid returns over time
•    Why the most important thing you can do for your portfolio is to just get started with investing

Resources:

•    Learn about the great mortgage debate from our Buy vs Rent episode with Jason Hull
•    Find out more about the bucket strategy and time-based investing goals from our episode with Robert Farrington

Today’s Panelists
•    Miranda Marquit | Planting Money Seeds
•    Joe Saul-Sehy | Stacking Benjamins
•    Andrea Travillian | Take a Smart Step

For a quick bio of each of our show participants, head on over to our panelists page.

Next week we answer YOUR LETTERS! Send us your questions for a future Listener Letters episode

MTI120 REWIND: Rent vs Buy with Jason Hull

Just because we are on vacation doesn’t mean we’ve forgotten about you. From our archives, the Rent vs Buy debate is still a popular topic – so popular that we are bringing this popular episode back to you today.

Our guest is Jason Hull, a CFP and creator of MyFinancialAnswers.com

Topics covered include:

  • Benefits of owning a home- tax code, forced savings, psychological benefits, security and more.
  • Drawbacks of owing – costs, mobility, growth.
  • How to decide if you should buy or rent.  Including lifestyle, long term goals, expenses and location considerations for buying a home.

Resources:

 

Today’s Panelists

For a quick bio of each of our show participants, head on over to our panelists page.

MTI119 REWIND: Selling on CraigsList and Why Budgets Are Sexy, with J. Money

We are on holiday but wanted to bring you a blast from our past. This episode is one of the most popular, so we wanted to replay it while we are away.

J. Money from BudgetsAreSexy.com shares funny stories of walking 2 blocks to sell something on Craigslist – only to have it break on the way over there!

He also talks about making money with online business and managing it with a sexy budget.

Enjoy!

 

Today’s Panelists

Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Rich As A King
Joe Saul-Sehy | StackingBenjamins.com

For a quick bio of each of our show participants,  head on over to our panelist page.

Send us your questions for a future Listener Letters episode

MTI118: How to Not Run Out of Money In Retirement, with Jane Bryant Quinn

Are you close to retirement without adequate savings? Jane Bryant Quinn’s most recent book, How to Make Your Money Last, addresses this problem for those facing retirement and those in retirement.

Social Security, working longer, and how large of a portion bonds should have in your portfolio are the topics of discussion today. Then our esteemed panel adds their commentary with more great nuggets of wisdom.

Jane Bryant Quinn:

A nationally recognized commentator on personal finance and writes for AARP.

She has written numerous books, her most recent being “How to Make Your Money Last”, available now on Amazon or her website, JaneBryantQuinn.com

Today’s Panelists

Doug Goldstein | Rich As A King
Linda P. Jones | Be Wealthy and Smart

Miranda Marquit | PlantingMoneySeeds.com
Joe Saul-Sehy | StackingBenjamins.com

For a quick bio of each of our show participants,  head on over to our panelist page.

Send us your questions for a future Listener Letters episode

MTI117: DIY Investing vs the Pros, with Eric and Wendy Nissan

Eric and Wendy Nissan know what it’s like to be on both sides of the market: As both professional and as investors. Today they share tools, strategies, and things the pros use that the average investor doesn’t.

We also discuss companies like Lehman Brothers incorrectly rating bonds, and should investors trust the ratings again?

Then we get the panel together, with special guest Roger Whitney, to discuss the things we use and see when it comes to the investing world.

Eric and Wendy have created tools to help individual investors with DIY.fund. They describe it as being between your online broker and a professional advisor to help you understand and manage your investments. To find out more, visit http://DIY.fund

 

Today’s Panelists

Joe Saul-Sehy | StackingBenjamins.com
Miranda Marquit | PlantingMoneySeeds.com
Linda P. Jones | Be Wealthy and Smart
Roger Whitney | Retirement Answerman

For a quick bio of each of our show participants,  head on over to our panelist page.

Send us your questions for a future Listener Letters episode

MTI116: Answering Your Questions about investing in real estate, diversification and how to retire early

Send us your questions and we might actually get to them.

This episode is just that: Listener Letters with Miranda, Doug, Joe and Linda P. Jones

 

David 1 writes in with his full portfolio standings, but isn’t contributing to his ESPP because hasn’t seemed like a great option due to the blackout dates + purchase dates have been correlated with Stock increasing the same day. He is also wondering if he should sell his house and put the money in the market.

David 2 wants to make sure the money he inherited is invested properly and if he should fire his investment advisor to save on fees.

Avishai has a disagreement with opinions he heard in Episode 102 about the VIX index.

Another Dave (not related to David 1 or David 2) can’t qualify for a ROTH IRA but wants to know about converting his 401k after leaving his company.

There are other questions and discussions about the good and bad of Betterment, so we know you’ll enjoy listening to the entire episode of the Money Tree Investing Podcast.

 

Today’s Panelists

Miranda Marquit | Adulting.tv
Joe Saul-Sehy | StackingBenjamins.com
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Profile-Financial

For a quick bio of each of our show participants, head on over to our panelists page.
Send us your questions for a future Listener Letters episode

MTI115: Market Timing, with Garrett Jones

Market Timing: When should you get out of the market and when is the right time to get back in? The market has been volatile, but not as often as you think.

Garrett Jones works with Peter Eliades’ of Stock Market Cycles Management, Inc and is here to talk about his perception of timing the current market environment.

Today’s Panelists

Joe Saul-Sehy | StackingBenjamins.com
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Profile-Financial

For a quick bio of each of our show participants, head on over to our panelists page.Send us your questions for a future Listener Letters episode

MTI114: The Breaking Point, with James Dale Davidson

James Dale Davidson says we are headed for a money cataclysm, after about 42 trillion dollars in wealth has been “created out of vapors”.

In the 20th Century, we used more energy than at any point in our time. This supported a very rapid growth of the economy as well as government and regulation.

The system has been kept complicated so we remain confused, but “that scheme is not going to last forever”.

James released the book, “The Breaking Point: Profit from the Coming Money Cataclysm”, to give us a better idea of what is expected to come.

Buy the book on Amazon.com

Today’s Panelists

Joe Saul-Sehy | StackingBenjamins.com
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Profile-Financial

 

For a quick bio of each of our show participants, head on over to our panelists page.Send us your questions for a future Listener Letters episode

MTI113: The Laffer Curve, with Dr. Arthur Laffer

Arther Laffer is best known for the Laffer Curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments.

He explains how there are two effects tax rates have on revenues:

  • The amount of tax you collect per dollar of tax base
  • The economic effect from reducing tax base by raising taxes

These two effects always work in opposition to each other. For example: A business can increase prices but will end up selling fewer widgets (like the “reducing tax base” side of the Laffer Curve) and a business can cut prices so low that they sell tons of widgets but lose money in the process (similar to the tax collected per dollar).

The Laffer Curve “relates tax rates to total revenues”, says Laffer in this exclusive interview by Doug Goldstein.

You can find more about Arthur at LafferCenter.com

Mr. Laffer’s books:

An Inquiry into the Nature and Causes of the Wealth of States:  How Taxes, Energy and Worker Freedom Change Everything

Dollarlogic: A Six-Day Plan to Achieving Higher Investment Returns by Conquering Risk

More books by Arthur Laffer on Amazon.com

 

Today’s Panelists

Doug Goldstein | Doug’s YouTube Channel
Linda P. Jones | Be Wealthy and Smart
Joe Saul-Sehy | Kiplinger names Stacking Benjamins “Best Finance Podcast 2016”
Miranda Marquit | Student Loan Hero

 

For a quick bio of each of our show participants, head on over to our panelists page.Send us your questions for a future Listener Letters episode

MTI112: BitCoin – Investment or Currency? (with Ashe Whitener)

Crypto-currency is as controversial as the recent Presidential election. Will it become the medium of exchange in the near future?

Ashe Whitener, host of the Liberty Entrepreneurs Podcast, explains where Bitcoin came from and how it works.

Interesting points:

•    Bitcoin is a fiat currency
•    There will be a limited number of Bitcoins produced
•    Other crypto-currencies are being created all the time

Our panel members discuss:

•    Will Bitcoin, or other crypto-currencies, become mainstream?
•    Is there a tangible value to a crypto-currency?
•    Should you invest in Bitcoin?
•    In general, is speculation necessary for making markets work?
•    Are we all being sold tulip bulbs?

Find Ashe Whitener on Facebook and Twitter:

 

Today’s Panelists

Miranda Marquit | Adulting.tv
Doug Goldstein | Profile-Financial.com
Joe Saul-Sehy | StackingBenjamins.com
Shannon McLay | Martinis and Your Money

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode