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The Stacking Benjamins Show

A Beginner's Guide to Individual Stock Investing (with Chuck Jaffe)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.42K Ratings

🗓️ 9 April 2018

⏱️ 75 minutes

🧾️ Download transcript

Summary

Ever wonder whether individual stock investing is for you? Chuck Jaffe, host of Money Life with Chuck Jaffe, joins us to talk about the differences between investing in individual companies and in indexes or actively traded funds. We'll discuss diversification, learning about companies, the impact of fees, and more.

Plus, in headlines, we'll tackle a recent headline about a big financial company possibly faced with a billion dollar judgment. What does it have to do with your money? You may learn a lot about estate planning on today's show. We'll also follow one writer who's decided to go cashless. Is it a good idea to dive into the empty wallet-end of the pool? We'll discuss upsides and downsides on today's show.

We'll of course have more from the world of financial planning, throw out the Haven Life line to lucky listener Melissa, who wants some advice on how her and her husband should structure their funds inside of their accounts. Without fully knowing their situation, can the guys still give her ideas for her investment strategy? We'll also answer a letter from another listener, score some of Doug's vampire-rich trivia, and more.

Support for Stacking Benjamins comes from TurboTax Live, new from TurboTax. Now you can get a personal review of your tax return with a CPA or EA right on your screen. Talk live with a tax expert as often as you need for tax advice to help you file with confidence. Go to turbotaxlive.com/SB.

Thanks to LegalZoom for supporting Stacking Benjamins. Get special savings by going to legalzoom.com and use SB at checkout.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey, this is Rob, and when I'm not busy regulating the transmission rates of our public utilities, I'm stacking Benjamins.

0:07.0

Yeah.

0:12.0

Live from Joe's mom's basement, it's the stacking Benjamin's show. The Stacking Benjamin Show.

0:30.9

I'm Joe's mom's neighbor, Doug, and today we're taking stock.

0:33.2

How do we invest in stocks?

0:35.3

What should we focus on most?

0:39.8

Here to help us answer these and other questions, like for me,

0:45.4

it's beef stock or chicken stock, because I've seen Joe's moms use both, sometimes together.

0:50.8

Tell you what, that's not the answer, lady. So to help us answer those questions, we welcome the host of the Money Life with Chuck Jaffe podcast, Chuck Jaffe.

0:55.6

Plus, in headlines, we'll talk about a lawsuit against a brokerage firm that might cost it billions with a capital B.

1:03.8

And we'll discuss about one guy's adventure who's living without cash.

1:09.0

Johnny Cash? How could you do that?

1:12.3

You can't live without Johnny Cash?

1:15.7

That'd be worse than walking through a burning ring of fire.

1:20.7

We'll throw out the Haven Lifeline to Melissa, who wonders about diversification.

1:25.4

Can we give her some general advice about how to think about putting together a good mix of investments?

1:26.8

We'll also answer a letter from a lucky listener,

1:29.0

and we're going to wash it all down with my incredible trivia.

1:33.3

And now, two guys who are a mix that's way more salty than sweet,

1:38.1

Joe and O J-J-J-J-J-J-J-G.

1:43.0

Yeah. J J J J J J J Jee Jee. I don't know, I'm pretty sweet.

1:49.8

You're the salty one.

...

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