Our Valentine’s Day party was okay until New York Times bestselling author took up residence in the basement….and suddenly we had a full-fledge Money Par-tay going on. David stops by to talk about all things personal finance, but especially avoiding the money fight. How do you ensure everyone is on the same financial page in your family? David shares tips AND discusses his early personal finance horror stories on today’s show.
Joe & OG share headlines about the Justice Department investigating Moody’s. Can you trust rating services? We weigh in…on that AND on adult film stars discussing their favorite investments.
PK has an excellent piece on spending cash on your hobby. Is that Lego collection really necessary? …and if not, does it matter whether you stop collecting?
Of course, we take a couple fantastic letters from YOU….one from Chris about products that allow parents to save toward a child’s retirement AND one from Mike who asks about specific funds and our feeling about their performance. We’ll give our thoughts.
Thanks to all of you for listening! We should especially thank MagnifyMoney.com for their continued support of our show. None of this would be happening without them, so go compare, ditch switch and save!
SHOW NOTES
<> Headlines
The Justice Department is Probing Moody’s Over Mortgage Ratings (Fortune)
Don’t Listen To What These Porn Stars Say About Investing (Business Insider)
<11:40> David Bach: Avoiding the Money Fight
David Bach’s Website: FinishRich.com (you’ll find the courses we discuss at this link)
David’s books we discuss:
<36:53> PK from DQYDJ.net: Investing in Hobbies
<43:18> Letters
Chris asks about children saving for retirement
Mike asks about some specific mutual fund families and investment types
<> End Show
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