We’ve heard the stories: robots and artificial intelligence are coming to steal our jobs and make us obsolete. Bill Studebaker from ROBO Global has a different outlook. What if automation is going to help us all move faster? We’ll talk to Bill about investing in AI in our portfolios and how the new world of work will look in the future as robots help us move the productivity needle even further.
In our headline segment today we’ll tackle a story about a celebrity who had well over a million dollars stolen from him AND another about students who’ve left billions of dollars in free money on the table. How do you avoid losing out on free money? What could the celebrity have done better to avoid being ripped off? We’ll share tips for both of those scenarios on today’s podcast.
We’ll also throw out the Haven Life Line to Hillary. She’s wondering if maybe she can pay her student loans off faster if she puts extra money into a mutual fund instead of directly toward the loan. Is the risk worth the chance of a higher interest rate and then a faster payoff? Then we answer a letter from Alex who wonders if he should continue saving after tax money into his rollover IRA. We’ll have LOTS of tips for Alex and anyone else who’s thought about trying this strategy.
Special thanks to M1Finance for sponsoring our show! Use our “stackingbenjamins” code to score a free year of M1Finance.
Thanks also to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/SB and get a $50 credit toward your first job post.
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Thanks to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/SB and get a $50 credit toward your first job post.
<12:40> Bill Studebaker
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- Chess champion Gary Kasparov famously was challenged by AI Deep Blue. In what year did Deep Blue beat kasparov?
<36:34> 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.
- Hillary wants some advice on different strategies to pay off student loans.
<43:22> Letters From the Mailbag
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG
- What happens from a tax perspective when you roll over a tax deferred 401k to an IRA now funded with after tax money?
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Another hump day, another mid-week podcast. Tune in!