What separates you from everyone else? What gives you a competitive edge? According to William Green, who’s interviewed hundreds of the richest investors on the planet, most of us don’t have a competitive investing edge. But there’s good news: that’s okay, as long as you know who or what you’re emulating. Today he’ll pull on interviews from his new book, Richer, Wiser Happier, How the World’s Greatest Investors Win in Markets and Life, to share how we can overcome our disadvantages and turn them into strengths. He’ll also share some of the often-overlooked personal sides of a few investing magnates that we don’t often get to see. You’ll hear human stories about Jack Bogle and Warren Buffett, among others.
Keeping (in)famous people in mind, we’ll also cover Bernie Madoff – and scams – during our headlines. The mastermind behind the largest Ponzi scheme to date, Madoff often served as a stark reminder of the things that can happen when investors turn over their cash to unethical advisors. We’ll also share the latest developments of the advisor who ran away with millions of his clients’ dollars, and a few scam experiences of our own.
Plus, if you’re still waiting to file your 2017 taxes (I’m being serious), you only have limited time before Uncle Sam claims your cash for himself. I understand procrastination as much as the next wait-until-the-night-before person, but this is something you’ll want to do sooner rather than later.
During our Haven Life line segment, we help out James, who has dreams of becoming a financial planner. His bigger issue? He already has student loan debt from another degree. James asks: can he become an advisor with no relevant degree or experience? Joe and OG give James all the information he needs to get started on his path.
The Haven Life Line:
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- Is There an Unclaimed Tax Refund Waiting for You? (Kiplinger)
- How Bernie Madoff Fooled the World (Bloomberg)
- Coinbase CEO Brian Armstrong Told Platform “Bad Idea” in 2012. It’s Now Worth $60bn (Newsweek)
A big thanks to William Green for spending some time with us today! You can find William’s new book, Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life, at WilliamGreenWrites.com
- What percentage of workers fail workplace drug tests?
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.
- James asks: can someone become a financial planner with no degree?
Written by: Richie Rutter-Reese
Miss out last episode? Listen here: Become The Budget Boss (with Cat Alford)