The basics of finance ain’t easy…at first, but once you jump on and learn them, it’s just like riding a bicycle (as mom says). Today we welcome CPA Michele Cagan, whose written a clever Infographic Guide to Personal Finance. She’ll take us through a few lessons, from compounding interest to earning more money and spending less. It’s a fun interview and a great way to either learn if you’re just getting started OR to dust off your knowledge if you’re an old finance pro.
In our headlines segment, we discuss investors going crazy for stocks–which never ends well. Plus, we talk about active investing. What’s the future of active investments? Is it really going to be all robots and automation? One recent piece in the popular press thinks so. We’ll discuss it.
Of course we’ll still throw out the Haven Life line to a lucky listener. This time Bobby asks about 401k management fees. Should he pay a company .6% to manage his stash? We’ll also answer a listener letter AND still have time for Doug’s trivia.
Check out this week’s menu and get $30 OFF —WITH FREE SHIPPING—by going to BlueApron.com/SB.
Thanks also to MagnifyMoney.com for sponsoring today’s show. Compare, ditch, switch and save on student loans, auto loans and more at StackingBenjamins.com/MagnifyMoney.
Subscribe below.
Show Notes:
<> Open
Join us in April for the Stacking Benjamins Experience.
Compare checking, savings, credit cards, and loans before switching. Magnify Money makes it super easy to compare, switch and save.
Check out this week’s menu and get $30 OFF —WITH FREE SHIPPING—by going to BlueApron.com/SB.
<4:27> Headlines
- Goldman’s measure of risk appetite hits record (InvestmentNews)
- ETFs powered by artificial intelligence are getting smarter (Yahoo)
<15:19> Michele Cagan, CPA
Take a peek at Michele’s site: MicheleCaganCPA.com
<32:09> Doug’s Trivia
What company better known for snack chips sponsored a Mexican restaurant at Disneyland in 1955?
<38:00> Haven Life Line
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
- Bobby’s employer partnered with a financial company to manage their 401k’s, and their fees just shot up. Advice?
<48:37> Letters
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG
- Ryan wrote in to ask if there are any available “Mastermind” groups with a financial focus.
<> Join us Friday
Leave a Reply