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The Stacking Benjamins Show

A Prince Needs Your Help AND The IRS Is Coming (plus Vanguard’s new Digital Advisor)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 11 December 2020

⏱️ 86 minutes

🧾️ Download transcript

Summary

A certain prince is having some issues and only YOU can help! Do you help him? Whether it's that scam, the IRS is knocking on your door, or another reach into your pocketbook, scams are everywhere (especially this time of year). What are the best practices for avoiding losing your money? We'll tackle a recent list written by our friend Stacy Johnson on today's show. Helping you hold on to your dollars, we'll welcome Doc G from the Earn and Invest podcast, Paula Pant from Afford Anything, and Len Penzo from the award-winning LenPenzo.com blog. Vanguard has released a new study about millennials and their view on retirement. We'll chat about that with Brian Concannon, head of Vanguard Digital Advisor. While we have his attention, we'll have him take on a tour of their new platform. He'll talk about how it works, the problems it solves, what it costs, and more. We'll finish out the show with a voicemail from Katherine. She knows she'll donate a large sum to her favorite non-profit, but is there a good time to donate it? Katherine says that she is still young, and knows any money she invests will compound and go a lot further in the future. Thoughts? As always, Doug will keep the party going with his game-show trivia. Today is a bittersweet day in history: the biggest Ponzi scheme in history, orchestrated by Bernie Madoff, ended on this day. Think you can guess how much Madoff stole from his clients? You'll find the answer at the halfway mark of today's episode. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

So drink your yager babbaca and smoke your medical chronica if you're

0:08.9

ill onica and have a heavy heavy I'm a Henry, Henry, Henry, Happy, Happy, Happy, Happy, Happy H Live from Joe's mom's basement.

0:32.6

It's The Stacking Benjamin Show. I'm Joe's mom's neighbor Doug and I just got a text from a Nigerian prince who needs money to return to his country.

0:51.0

Apparently, that's a big misunderstanding misunderstanding but he's going to wire me

0:55.0

millions to thank me later.

0:57.0

Man, while he's totally trustworthy, others are falling for scams all the time.

1:04.0

Today let's make sure you don't fall for scams this holiday season.

1:08.8

To help us tackle this topic from the podcast that totally isn't a scam.

1:14.4

Wait, he doesn't want me to refer to him that way?

1:17.4

Okay, fine.

1:18.7

From the Plutest Award winning Earn and Invest podcast,

1:22.4

it's Doc G.

1:24.3

And from the Afford Anything That's Not a Scam Podcast,

1:28.2

we'll say hello to Paula Pant.

1:30.9

And last, the guy who throws every last nickel he's got into his bunker deep under the city of

1:37.7

LA and encourages you to do the same.

1:40.8

Yeah, that doesn't sound like a scam. From Lenpenzo.com, it's Len Penzo.

1:47.4

Once our roundtable is giving you their tips, we're going to share a cool new app from a company

1:52.1

you've probably never heard of before called

1:54.5

Vengard but that's that's right right it's Van Garth emphasis on the vet got it

2:01.2

Vengard we're to talk with the head vanguard digital advisor about how it

2:07.5

works brian can can can it and finally we'll magnify one listener's money and I'll steal the show with my Emmy Award-winning trivia.

...

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