Are Stocks Headed Back Down? (with Phil Town)

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 27 May 2020

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We all wonder...this big stock market run-up lately...can it continue? Who should you listen to? What should you believe? Today we ring up a man WE believe, Phil Town, author of New York Times bestseller Rule #1, to provide some clarity. We'll ask him about the economy, the market, his strategy, and what he feels is the wrong way to invest in this climate. If you're ready for some straight talk from one of the best investment teachers, you'll enjoy today's discussion. Plus, are you in the market to purchase a home? Joe and OG roll out 12 great housing markets for first-time buyers. We’ll round out our headline with our second piece on credit cards: why are issuers now giving out lower holder limits, (and does it really matter to you anyway)? Later, we'll answer a question posted in our Stacking Benjamins Facebook group: Jason asks, what can he do to fix his father's retirement plan? His father is 60 and plans to work until he is forced to retire. At that point he plans to move in with Jason. With there being at least a decade of prep time remaining, Jason pleads asks us: what can he do in preparation? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Shopify.
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0:12.0	Shopify is revolutionizing millions of businesses
0:16.1	worldwide so sign up for a one-pound per month trial period at shopify.co dot UK slash podcast 23 all lowercase and take your
0:26.5	business to the next level today.
0:30.3	Are you crying? No. Are you crying?
0:33.0	No.
0:34.0	Are you crying?
0:36.0	Are you crying?
0:37.0	There's no crying in baseball!
0:40.0	No crying! No crying.
0:53.0	It's the Stacking Benjamin show. I'm Joe's mom's neighbor Duggan after our long weekend and tons of barbecue rib
1:06.8	leftovers what better than a potluck get together with all of you? Joe's mom's
1:12.1	microwaving food and I'm in charge of entertainment.
1:15.0	So today let's welcome the man behind the New York Times Best Seller, Rule 1 investing,
1:21.0	Phil Town.
1:23.0	Plus, as a warm-up act, we'll discuss the fast one
1:26.4	that many credit card companies pull on unwary customers.
1:30.2	Sure, we'll also make sure to throw out the Haven Lifeline to one lucky caller and of course save time for my tasty barbecue related trivia.
1:39.0	Sound good? I thought so.
1:41.0	And now, two guys who never need an excuse for a barbecue related food coma,
	...

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