Student Loans, Debt, Gold and Financial Windfalls: We Answer Your Listener Questions – MTI154

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Student Loans, Debt, Gold and Financial Windfalls: We Answer Your Listener Questions – MTI154

Lots of our listeners are asking what to do with money they have laying around. It’s a good problem to have, and most want to put it to work wisely.

Jeremy is 26 years old and just moved home after breakup. Should he continue to pay off debt or begin saving for a house?

Victor comments on a previous episode that said, “Investing in an overheated stock market is the equivalent to investing in an overheated real estate market”. He points out the differences with the extra risk by being leveraged in real estate versus the liquidity of equities.

Charlie is receiving a windfall of $28,000 from an inheritance and has $23,000 in student loan debt. Should he pay off the student loan debt, use the money as a house down payment, or invest it instead?

Matthew works in the film industry, but his career progression is slow and pay is low. He saved a bunch of money to travel and move before building up another $20,000 in savings. What should he do about saving for retirement and the future knowing that he lives a transient lifestyle?

Diane is the single mother of two children who are now grown and gone. She has $80,000 to invest after downsizing her house. She wants to keep this money safe but invest it for the future as well. Should she buy gold or silver?

Landon will be graduating from school debt free with $20,000 in savings. His current employer does not offer a 401(k) retirement plan, so Landon wants to know how he can invest the $20,000 for retirement.

Do you have questions? Send us your questions for a future Listener Letters episode

This episode is sponsored by the BUZZ Index

 

Proudly sponosred by Buzz indexes (BUZ on the NASDAQ)

Today’s Panelists

Miranda Marquit | Planting Money Seeds
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.

 

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.

Proudly sponsored by Buzz indexes (BUZ on the NASDAQ)

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