“Uncertainty” is the new black. Between the stock market, inflation, and a recession, uncertainty leads the media to bigger ratings, but to the average person it leads to fear. The best way to reduce that fear? Knowledge. Phil and Danielle Town join us today to talk all about uncertainty and how to take back control of your finances. They believe that knowledge and education, especially in an area you enjoy, can reduce anxiety and fear around your money. They share their investing approach and offer tips to help you with yours.
Before that, we share a shocking headline piece claiming that many young people shouldn’t save for retirement. Say what? We dive into it and share our thoughts. We also answer Tom’s question about wash sales. He wants to know what triggers one and how to know if two positions are substantially similar. And then Doug will share his trivia.
Deeper dives with curated links, topics, and discussions are on our newsletter, The 201, available at StackingBenjamins.com/201.
- Many young people shouldn’t save for retirement, says research based on a Nobel Prize–winning theory (Marketwatch)
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Phil and Danielle Town
Big thanks to Phil and Danielle Town for joining us. Hear more from them on their podcast InvestED.
- What was the first movie Marvel ever made?
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- Tom wants to know what triggers a wash sale and how to know if two securities fall under the definition of “substantially similar”.
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Written by: Brooke Miller
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