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

MTI111: Lessons From Epic Entrepreneur Fails, with John Lee Dumas

John Lee Dumas, host of Entrepreneur On Fire, knows more stories about failure than anyone we know. He has asked more than 1,400 entrepreneurs to tell their stories of woe – and how they overcame it.

John said that learning from failure is the good that can out of it. Is he being overly optimistic? How do you deal with investment failures?

When it comes to personal relationships and finances, what do couples need to do so that they can handle money together reasonably (without killing each other)?

And finally, the MTI panel answers the question: Should investors hire a financial advisor? (Please say “yes.” Pleeeeeeease.)

More about John Lee Dumas:

http://EntrepreneurOnFire.com
http://TheFreedomJournal.com

 

Today’s Panelists

Doug Goldstein | Rich As A King
Shannon McLay | Financial Gym in NYC
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

MTI110: Indexing is a Local Sport, with David Stein

David Stein from the popular “Money For The Rest Of Us” podcast talks about indexing:

Is Indexing really making you an active money manager?
Why do people pick index funds from their local country?
Does emotion play a part in when we buy and sell index funds?

Doug Goldstein takes the helm of this fantastic interview and is joined by the panel: Linda P. Jones, Miranda Marquit, and special guest Shannon McLay of the Financial Gym.

More about David Stein can be found:

Website: http://moneyfortherestofus.net
Twitter: http://twitter.com/JDStein

 

Today’s Panelists

Doug Goldstein | Rich As A King
Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | StudentLoanHero.com
Shannon McLay | Financial Gym in NYC

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

MTI109: Listener Letters about Big Buyouts, How to Research Stocks, and SRI for Atheists

How are stocks effected when a big buy-out is expected? What are good books to read about value investing? What other sources are there about SRI for an atheist?

We are back for another round of Listener’s Letters:

  • Listener Joe asks if stocks are effected negatively when big buy-outs are likely.
  • Listener Niklas wants to know how to research investments.
  • Listener Scott thinks waiting for a fund price to drop is better than dollar cost averaging. Is he right to wait?
  • Listener David is looking for book recommendations to learn about value investing.
  • And finally, Listener Athena would love to hear other sources addressing SRI that do not use religious standards, such as the ones discussed in episode 97: “The Morality of SRI and Google Cars, with Rabbi Shaya Kaplinsky

 

Today’s Panelists

Linda P. Jones | Be Wealthy And Smart
Doug Goldstein | Rich As A King
Joe Saul-Sehy | Stacking Benjamins
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

MTI108: Option Alpha, with Kirk Du Plessis

“The first thing people need to understand about options is that the market is incredibly efficient”, says Kirk Duplesis from OptionAlpha.com. There is no free lunch, meaning you don’t get anything without giving up something.

Kirk describes buying an option with the analogy of paying for homeowner’s insurance. You pay a premium to cover your house for a specified period of time. This is similar to buying a “put option”, except you win when the option pays out. In other words: You predict the price of a stock, cover the call by paying a premium, and if the price meets the option then you get to buy the stock at the agreed amount.

Joe, Linda and Miranda discuss the pros and cons of option trading.

About Our Guest:

You can find out more from Kirk Du Plessis at these locations:
Website | https://optionalpha.com
YouTube | https://www.youtube.com/channel/UCQAvjhqp559qSQx2dcg9WVg
Podcast | https://optionalpha.com/podcast

 

Today’s Panelists

Joe Saul-Sehy | Stacking Benjamins
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