Popular podcaster and blogger Deacon Hayes from The Well Kept Wallet joins us on the podcast today to talk pensions, holding individual stocks and credit unions that offer incentives that look like the lottery (interesting approach, huh?). Joe and OG discuss headlines about single parents saving for college instead of retirement and the S&P 500 that continues to roll while investors ignore stocks.
But the biggest part of today’s show comes from one of your letters. Anita asks us if it really makes sense for someone to pay 1% to an advisor if they’re doing all the things you really should be doing as an investor (buy and hold, maxing out your 401k, etc….). Our answer may surprise you.
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Our special guest is Deacon Hayes from The Well Kept Wallet.
Also on the call:
Paula Pant (AffordAnything)
The stuff we discuss:
Are pensions a ponzi scheme? – Fudiciary.com
The creepy scene OG references: