The insightful and always-entertaining Michael Kitces joins us to talk technology. How are good advisors using the power of the cloud to better service clients? Is your advisor using all the tools available to them to help you manage your financial picture?
Barbara Friedberg joins Len and Greg this week on the roundtable to discuss speculative investing. If you’re behind on your goals, should you choose more risky investments? What portion of your portfolio should be in risky stuff?
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SHOW NOTES
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<> Jemstep.com – Take a tour of the Jemstep approach here: Jemstep Tour. If you decide to buy their premium product, use the word STACK in the promo box for a free month! Big thanks to Jemstep for sponsoring our show.
<> Joe & OG – The myRA – What is it? How does it work? What are some initial strategies for it?
<> Michael Kitces – Can Your Advisor Communicate Better?
Michael’s blog: Nerd’s Eye View at Kitces.com
<> Roundtable – Barbara Friedberg, Len Penzo and Greg McFarlane
The piece we discuss: Speculative Investments – What Percentage Should I Invest?
Barb – Free e-book – 20 Minute Guide to Investing at Barbara Friedberg Personal Finance
Greg – Free drugs – How to Get Free Drugs at Control Your Cash
Len – Free cash! – 100 Words on the Importance of Always Paying Yourself First at Len Penzo dot Com
<> iPad Mini….who’s the winner? AND we introduce our new contest. (contest will open mid-day Monday)
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Kitces is interesting to listen to. Financial planning is evolving from just managing portfolios and selling insurance to more about life planning. Finding out what point B is and getting there.
Entertaining and informative podcast as always. One thing that irked me was Greg’s take (during the roundtable) on P2P lending investments. He made it sound as if that type of investment is no better than burning money or flushing it down the toilet or throwing it out the window of a moving car. Greg is a funny and well-informed guy – but I think that perhaps he should do his homework a little more on P2P investing. I’m getting great returns with mine (overall), despite having several of my notes default. Defaulted notes are built in to the expected return rate… I don’t think it’s crazy at all that Barb has 3.2% of her portfolio in P2P lending.
With a sexy picture like that of Michael, who needs communication? Look into his eyes!
Ha, thanks Sam. 🙂
– Michael