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So Money with Farnoosh Torabi

869: Ask Farnoosh: Where to invest $50,000?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 5 April 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Guest co-host Lily Chen joins Farnoosh on this week's episode of Ask Farnoosh. Lily is a medical doctor and podcast host from Sydney, Australia. She is also the host of How To Win Friends & Influenza, a quirky medical podcast that dispenses awesome life advice with minimal mention of Dale Carnegie. Questions this week: How can I get my 401k rebalanced if I don't use a financial advisor? How to invest $50,000? And how to support my niece in college without making her financially dependent on me? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 869, Ask Farnush, with special co-host, Lily Chen.

0:08.2

You're listening to So Money, with award-winning Money Guru,

0:11.3

Farnush Tarabi. Each day day get a 30 minute dose of financial inspiration

0:16.0

from the world's top business minds, authors, influencers, and from Farnuos

0:20.6

yourselves.

0:21.6

Looking for ways to save on gas or double your double coupons?

0:26.0

Sorry, you're in the wrong place.

0:28.0

Seeking profound ways to live a richer, happier life.

0:31.0

Welcome to So Money. You're listening to So Money, everybody.

0:37.0

Welcome back to The Show.

0:39.4

It is Friday.

0:41.0

The date is April 5th. How is everyone doing? I hope everybody had a good first week of April and that you enjoyed the episode this week. We had Ida Rademacher on Monday who's with the Aspen Institute talking about

0:55.2

all the important ways that she's working with individuals and you know government

1:00.6

and corporations to help kind of bridge the gap between the rich and the poor, frankly.

1:07.0

You know, Ida works at a think tank, Aspen Institute that's doing some really incredible work with economic policy and of course she had an

1:15.1

incredible story of her own her personal journey how she got to where she is her

1:19.6

upbringing so check out that episode if you haven't. Our episode today is Ask Farnuge and in the

1:27.2

spirit of the show we've got on a listener Lily Chen. Let me just brag about Lily for a second,

1:34.1

and I'll pull her up on stage, but Lily is a listener of this show.

1:37.6

She reached out to me quite some time ago.

1:39.8

We finally made it happen for her to co-host with me.

1:43.0

She's a medical doctor and a podcast host on her own

...

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