MTI130: Taming the High Cost of College, with Brad Baldridge

Deferring saving for retirement or taking on your child’s student loan debt may not be the only option you have to pay for your kid’s higher education.

Brad Baldridge, CFP®, is a College Funding Consultant specializing in late stage college funding planning. He hosts “Taming The High Cost Of College” and helps families save time, money, and the stress from the planning processes of college. He joins us to share various smart ways to invest for college and take advantage of tax savings.

Then our panel discusses the dilemma of high tuition costs and the ROI on getting a college degree vs going into the skilled labor trades market.

 

Today’s episode is sponsored by BUZZ Index

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

 

Today’s guest, Brad Baldridge:

Brad Baldridge, CFP®, is a College Funding Consultant specializing in late stage college funding planning and the chief podcaster of Taming The High Cost Of College.  He provides customized planning using the latest financial aid, tax, cash flow and academic strategies.  With these strategies Brad may help a family save a significant amount of money on their college expenses and make a student’s college dream a reality.

Website: Taming the High Cost of College
Facebook: Taming the High Cost of College
Podcast on iTunes: Taming the High Cost of College
Podcast on Stitcher Radio: Taming the High Cost of College

Today’s Panelists

Miranda Marquit | Special Appearance on Goldstein on Gelt Show
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Rich as a King
Joe Saul-Sehy | Stacking Benjamins

 

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

 

About our sponsor, BUZZ Index

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!

Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

MTI129: Millennial Money Decisions, with Amanda Abella

Millennials are probably right to be scared of the market since they have witnessed some really bad experiences.

Our guest today, Amanda Abella, answers the question, “What would you tell millennials to get them into investing?”

Amanda is a millennial herself. She spends and saves with a “Values Based Spending” approach to budgeting. Every decision is based on her core value: Freedom. If it doesn’t help her find freedom, she doesn’t spend the money.

She also thinks it is really smart to use credit cards for the points, but they are not for everyone. She talks about all the free flights and trips she gets from using credit cards.

Today’s episode is sponsored by BUZZ Index

 

 

 

 

Today’s Guest: Amanda Abella

Amanda Abella is a millennial and an author. She wrote Make Money Your Honey to help young adults to make more money and actually keep it.

You can find her blog and podcast at AmandaAbella.com
Book on Amazon: Make Money Your Honey
On Twitter @AmandaAbella
And Instagram AmandaAbella

Today’s Panelists

Doug Goldstein | Rich as a King
Devin Carroll | Big Picture Retirement
Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Adulting.tv

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

 

About our sponsor, BUZZ Index

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips….even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered….and of you ARE online….you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month! Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

MTI128: Marriage and Money, with Couple Money’s Elle Martinez

Elle Martinez from Couple Money joins us to talk about the HOW of talking about money with your partner.

Elle says to avoid talking about numbers when you first start a conversation about money.

Instead, talk about your goals. The goals will lead you to the decisions you make about how money is spent and saved, which then leads into a discussion about the numbers.

She also says it’s healthy to go on Money Dates. Elle and her husband leave the kids with a baby sitter and go to a nice restaurant. They don’t whip out the budget but they do talk about what happened the previous month, where they are on their path to reaching their long and short term goals, and where they can make adjustments.

A hot topic between couples, and our panelists, is the role a financial advisor plays in a couple’s finances. When you do bring one in to the “relationship”? All that is discussed in this episode of the Money Tree Podcast.

Today’s episode is sponsored by BUZZ Index

 

 

 

 

Today’s guest, Elle Martinez:

Elle and her husband didn’t start out money-masters. They’ve learned how to manage it together. Now she writes and podcasts about personal finance for couples. You can find Couple Money here:

Website: http://couplemoneypodcast.com
Facebook: https://facebook.com/couplemoney
Twitter: https://twitter.com/CoupleMoney

Today’s Panelists

Joe Saul-Sehy | Stacking Benjamins
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Rich as a King

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

 

About our sponsor, BUZZ Index

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!

Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

MTI127: Investing in Private Equity, with Douglas McCormick

Doug McCormick from HCI Equity talks with Linda about Private Equity investing and the role it plays in our economy – and yours!

Private equity is a security that isn’t on the public exchange. The two most common types are venture capital and buyouts/leverage buyouts.

Private equity is a rapidly growing asset class. Its impact on the business community is slated to increase. But is it right for you?

Our panelists discuss the pros and cons of dealing in private equities.

 

Today’s episode is sponsored by BUZZ Index

 

 

 

 

Today’s Guest

Douglas McCormick is Co-Founder and Managing Partner at HCI Equity Partners.

He recently authored the book “Family Inc.: Using Business Principles to Maximize Your Family’s Wealth

 

Today’s Panelists

Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Adulting.tv
Doug Goldstein | Rich as a King
Joe Saul-Sehy | Stacking Benjamins

 

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

 

About our sponsor, BUZZ Index

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!

Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

MTI126: Are Your Emotions Screwing Up Your Investing Plan? with T. Michelle Jones

The DOW recently broke the 20,000 mark. How does that make you feel?

T. Michelle Jones from Bryn Mawr Trust joins us for a discussion about how emotions get in the way of our investing plans and how to stay grounded when things get exciting in the market.

Then our roundtable chats about buying high, keeping our winners, and why we pay so much attention to the movement of the DOW when it’s only 30 companies.

Today’s episode is sponsored by BUZZ Index

 

 

 

 

Today’s Guest

T. Michelle Jones, CFP, is Vice President & Portfolio Manager at The Bryn Mawr Trust Company. You can contact her by email or connect on LinkedIn.

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds
Joe Saul-Sehy | Stacking Benjamins
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Goldstein on Gelt

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

 

About our sponsor, BUZZ Index

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips….even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered….and of you ARE online….you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month! Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

MTI125: Listener Letters – Tax Advantages of Roth IRA vs Traditional, Using Insider Trading News, and Reallocating ETFs

It’s our favorite time again where we answer your letters.

Scott wants to understand: “By being taxed on deposit into the Roth, I lose out on compounding interest on the taxed portion. Under normal conditions, would the sum of the taxed money with it’s compounding interest be more than if I got taxed on withdrawal from a traditional IRA?”

Justin wants to know how much attention he should give to news of insider trading (the legal kind)?

Michael has $500 a month to invest in his Roth IRA. Which of his 11 funds should he put it towards?

And Hunter asks: “Would it be smarter to split his money into an index fund and my retirement fund each month?”

 

Send us your questions for a future Listener Letters episode

 

Today’s Panelists

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

Miranda Marquit | Student Loan Hero

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

 

MTI124: Selling the Big House to Get Out Of Debt Faster

Claudia and Garrett did everything right – so they thought: They went to school on student loans, purchased cars with loans, and got a mortgage for a house when all they really wanted to do was travel.

What started as a silly idea somehow took hold in their brains: tiny living.  Claudia and Garrett have taken what may seem like drastic measures to fight lifestyle inflation and pay off debt.

After spending thousands to remodel their kitchen, they sold the “big house” to downsize. What else have they done? Listen to the interview to find out.

More about Claudia and Garrett’s Journey:

Read more of their story at http://www.twocuphouse.com
Follow them on Twitter @TwoCupHouse

 

Today’s Panelists

Joe Saul-Sehy | Stacking Benjamins
Doug Goldstein | Goldstein on Gelt
Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Adulting.tv

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

MTI123: Money Moves for the New Year with Maria Bruno from Vanguard

Vanguard’s Maria Bruno joins us today to talk about getting our money ready for 2017.

  • Should we be saving instead of investing?
  • How much should we be investing?
  • What about re-balancing?

While every person’s finances are different, there are logical choices to be made from our decisions to invest.

Listen in to sage advice. Then, in our panelist discussion, Doug gets into it with Joe about setting milestones. You won’t want to miss this!

 

Resources:

Vanguard.com
Vanguard’s Press Room

 

Today’s Panelists

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

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.

 

MTI122: Listener questions what to do with $100k and why index investing RULES!

We are back and in full force for your investing questions.

  • Chris is 25 years old and inherited $100,000. How should he invest it without putting it into retirement savings?
  • Sarah wants to understand the method of Tax Loss Harvesting.
  • Javier wants to know about sites like WeFunder, a crowdfunding site that allows everyday people to invest in startups.
  • And Chris (a different Chris) asks “Are there any dangers investing in index funds?”

Of course, there is more but you need to listen to the entire episode for all the money tree investing goodness.

Today’s Panelists

Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Planting Money Seeds
Doug Goldstein | Rich As a King
Joe Saul-Sehy | Save50.org

 

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

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