As much as we don’t like to admit it (and let’s face it, Doug never will), we’re not perfect here in the basement. We can mess up and make mistakes, just like anyone. But not all mistakes are created equal. Forgetting to start the dishwasher? Yeah, that’s not the end of the world, but what about financial mistakes? A small one might mess up your weekend… but a big one could spell disaster. That’s why today we’re covering (and sharing some of our own) 8 mistakes the middle class is making with their money (a piece written by Holly Johnson for The Simple Dollar). Joining us today our special guest, from Rich Life Advisors, is Beau Henderson. Also joining in the discussion are our regular roundtable contributors, Paula Pant (Afford Anything) and Len Penzo (Len Penzo dot com).
Midway through the show we’ll take a little break and talk to the co-founder and chairman of Acorns, Walter Cruttenden, about his new brand new venture, an app that mixes two unlikely ideas: video games and saving money. When we first heard about Blast we were intrigued by the possibilities, so we’re excited to bring it to your attention, too.
And of course, we’ll still have time for Doug’s trivia and also to answer a listener question from Dan, who is looking for suggestions. How does someone in retirement create a more defensive portfolio? What types of investments should they consider adding to the mix?
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Thanks Nutrafol. Get your first month supply with a subscription plan for $10 nutrafol.com and promo code SB.
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We’re leaving Joe’s mom’s basement and hitting the road! That’s right, the award winning Stacking Benjamins podcast is coming LIVE to a stage near you. Built on the science of play, with your help we’re gonna take great money and career discussions to a place they’ve never been before and actually make them entertaining. Meet Joe, OG, and Neighbor Doug in a 90 minute special version of SB you won’t want to miss.
- 8 money mistakes the middle class keeps making (Business Insider)
<> Our Awesome Contributors – Today’s Shortwave Radio Experts
Check out Beau’s site: RichLifeAdvisors.com
Check out Paula’s site: AffordAnything.com
Follow Paula on Twitter: @AffordAnything
Check out the website: LenPenzo.com
Follow Len on Twitter: @LenPenzo
Check out what Blast is doing for yourself: Blast.com?
Keep up with Blast on Twitter: @blasthq
<33:19> Doug’s Trivia
- How many new Exchange Traded Funds were created in 2017?
- Dan wants to know more about creating a defensive portfolio position when you’re already in retirement.
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG
Join us Monday!
We’re talking to the Coach himself… Chad Carson. Interested in taking a dip into real estate? This is the episode for you.