You calculate returns on your investments, but what’s your ROI when you’re actually being nice to people? It turns out, reams of data show that kindness pays, and today, America’s Breakthrough Coach, Brian Biro joins us to talk about how to become a Chief Kindness Officer. While Brian’s all about holding the door open for someone, the philosophy of kindness actually goes much deeper than that. Sometimes being kind means telling a worker, “Go figure this out on your own, then come back to me with your thoughts.” It’s a wide-ranging interview that we know you’re going to enjoy.
Bad Idea of the Year: Investing Because A Celebrity Said So
The Securities and Exchange Commission has a new warning you’ll want to know about. If you didn’t know this already – you shouldn’t invest in any company only because you heard something on the internet and the news. That includes Stacking Benjamins, Facebook, CNBC, Fox Business, and anyone else you want to throw on this list. That’s not to say no one ever has good endorsements, but due diligence is always an action you should take before making big decisions with your money. We’ll talk about celebrity endorsements and a new warning from the SEC during our headlines segment…
Have A Plan For That $1,400 Stimulus Check Coming In
And speaking of doing your due diligence, Suze Orman had a thing or two to say with how people might be spending this next stimulus check. Naturally, we had a thing or two to say about her thing – or rather Don McDonald has something to say. Making a flash appearance in the basement, the Talking Real Money host has some real takes on how you should use your stimulus check to score the biggest impact possible.
What’s the deal with SPACs?
Good on Julien for today’s Haven Life question! He’s been hearing about special-purpose acquisition companies (SPACs) in the news and wants some clarification. Is this a new shady method for companies to avoid the paperwork that comes with an IPO? Are SPACs worth investing in? Joe and OG take Julien’s question and go step-by-step on the differences between IPOs and SPACs.
Of course, we’ll always leave some time for Doug’s trivia.
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Always do your due diligence before making financial decisions.
- SEC warns investors about buying SPACs endorsed by celebrities (InvestmentNews)
Make a plan BEFORE your stimulus check arrives.
Did you enjoy Don McDonald’s breakdown on how he would have wrote this piece? You can hear more of Don over at his podcast, Talking Real Money.
A big thanks to Brian Biro for joining us today! You can always find more from Brian, including his new book, The ROI of Kindness, on his site.
Not familiar with Brian? You can watch him below.
- How many million dollars was the most expensive model ever produced by Rolls-Royce?
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.
- Julien asks, is it advisable to invest in special-purpose acquisition companies (SPACs)?
Written by: Richie Rutter-Reese
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