What do weddings, wineries, and Whoppers have to do with smart investing? This week, Joe, OG, and Doug kick off the episode with stories from the road—including a surprise credit card confession that somehow involves a Burger King (because of course it does).
But then the gang shifts gears and dives into real money talk, breaking down investing wisdom from the legendary Barry Ritholtz. From navigating market cycles to keeping your emotions in check, Barry’s top 10 tips serve up the kind of grounded, no-BS advice your portfolio will thank you for—especially the next time the market gets jumpy or the headlines go haywire.
They also tackle what politics really mean for your investments (spoiler: maybe less than you think) and why getting your expectations right could be the most important investment decision you make.
Stick around to hear a listener question that hits close to home: How should you invest for an 84-year-old mom? It’s a multigenerational money moment that brings the discussion full circle.
Here’s what you’ll learn:
- Why market cycles matter (and how to avoid getting whiplash)
- The hidden dangers of investing with your heart instead of your head
- What Barry Ritholtz says about predicting political impacts on your portfolio
- How to set realistic return expectations (and why that’s surprisingly freeing)
- A practical investing strategy for elderly parents—without the jargon
Plus: Doug’s trivia takes a nostalgic turn into the wild world of Beanie Babies
FULL SHOW NOTES: https://stackingbenjamins.com/how-not-to-invest-1660
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
Our Headline
- Barry Ritholtz: ‘How Not to Invest’ (Morningstar)
Doug’s Trivia
- What country was the home of tulip fueled mania from 1634 – 1637?
Better call Saul…Sehy & OG
- Stacker Clifford has a question about Vanguard’s asset allocation advice given to his mother.
Have a question for the show?
Want more than just the show notes? How about our newsletter with STACKS of related, deeper links?
- Check out The 201, our email that comes with every Monday and Wednesday episode, PLUS a list of more than 19 of the top money lessons Joe’s learned over his own life about money. From credit to cash reserves, and insurance to investing, we’ll tackle all of these. Head to StackingBenjamins.com/the201 to sign up (it’s free and we will never give away your email to others).
Other Mentions
- Just Keep Buying: Proven ways to save money and build your wealth
- Extraordinary Popular Delusions and The Madness of Crowds: All Volumes – Complete and Unabridged
- Money: Master the Game: 7 Simple Steps to Financial Freedom
- How to Create an Investment Policy Statement
Join Us Wednesday
Tune in on Wednesday when we welcome to the basement the man behind one of the nation’s top financial firms, Ritholtz Wealth Management, Barry Ritholtz.
Written by: Kevin Bailey
Miss our last show? Listen here: How Pros Build Motivation Into an Effective Financial Plan (SB1659)
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