We’re welcoming to the basement the author of “Bozos, monsters and whiz-bangs,” Lorraine Ell. Do you have a bad financial advisor story? On today’s show Lorraine shares some absolute horror stories with us. Advisors churning accounts? Counselors telling you to sell when the market is in the tank? We’ll talk about these and more on today’s show (plus what to do if your advisor is dishing out some of this horrible advice!).
In our headlines segment, things are getting a wild in the basement. We’ll talk about a guy who discovered a bank glitch. Think he did the right thing? We’ll talk about how he exploited the glitch to the tune of a few million dollars…and eventually might have learned a valuable lesson (or not). Plus, we throw out the Haven Life line to Bill, who is trying to figure out the various contribution limits for him and his wife. We’ll also answer another listener letter, throw out Doug’s trivia question, and more.
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Housecall Pro
Thanks to Housecall Pro for supporting Stacking Benjamins. Waive your $99 activation fee by going to HousecallPro.com/SB.
<3:20> Headlines
<14:21>Lorraine Ell
Check out Lorraine’s site (and podcast!): BetterMoneyDecisions.com
Looking for Lorraine’s book? Check this out.
<34:23> Doug’s Trivia
- A large tree can supply oxygen for how many people?
<40:20> 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.
- Ryan is going back to school for his MBA. Should he use extra cash to pay of his school or keep pushing it into his retirement accounts?
<45:15> Letters
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG
- Bill wants to know him and his wife’s contribution limits to their various investment accounts.
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