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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

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

4.42K Ratings

🗓️ 9 April 2018

⏱️ 76 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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

DelSugger Monday events, their biggest sale of the year, shop limited time deals on laptops like the stylish innovative XBS 13 engineered to do it all on the Intel Evo platform.

0:11.0

Plus, say big on ultra- sharp monitors and top brand accessories shop now at

0:15.7

Dell.com slash deals to take advantage of huge savings and free shipping again

0:21.2

that's Dell.com slash deals.

0:24.3

Hey this is Rob and when I'm not busy regulating the transmission rates of

0:31.7

our public utilities.

0:33.3

I'm stacking Benjamins.

0:35.0

Yeah.

0:35.8

Live from Joe's mom's basement, it's the stacking Benjamin show. I'm Joe's mom's neighbor Doug and today we're taking stock.

0:58.6

How do we invest in stocks?

1:00.9

What should we focus on most? Here to help us answer these and other questions,

1:06.7

like for me it's beef stock or chicken stock. Because I've seen Joe's mom moms use both sometimes together.

1:13.4

Tell you what, that's not the answer lady.

1:15.8

So to help us answer those questions,

1:17.7

we welcome the host of the Money Life

1:20.0

with Chuck Jaffey podcast, Chuck Jaffin.

1:23.2

Plus, in headlines, we'll talk about a lawsuit

1:26.1

against a brokerage firm that might cost it billions

1:29.8

with a capital B.

1:31.5

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

1:36.0

Johnny Cash, how could you do that? You can't live without Johnny Cash?

1:40.0

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

...

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