Ask Paula: Should I Invest in Index Funds More Actively?

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 8 January 2022

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

#358: Where is the balance between the risks and potential returns of actively and passively investing in index funds?Where do you place your savings after you max out your retirement and HSA accounts? How do you finance building a rental unit when there’s already a home on the lot? Is it more beneficial to buy back pension time with post tax deductions or a 457b plan? Or should I not buy back pension time at all? In today’s episode, former financial planner Joe Saul-Sehy and I discuss the purpose and practice of mindful money. Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode. Enjoy! Subscribe to the show notes at https://affordanything.com/shownotes Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You can afford anything but not everything.
0:11.3	Every choice that you make is a trade-off against something else, and that doesn't just
0:14.8	apply to your money, that applies to any limited resource that you need to manage, like
0:19.1	your time, your focus, your energy, your attention, saying yes to something implicitly means,
0:25.8	turning away, all other opportunities, and that opens up two questions.
0:30.5	First, what matters most?
0:33.0	Second, how do you align your decision-making around?
0:37.2	That which matters most.
0:39.2	Answering these two questions is a lifetime practice, and that's what this podcast is
0:43.1	here to explore and facilitate.
0:45.2	My name is Paula Pant, I am the host of the Afford Anything Podcast.
0:48.7	Normally, we air one episode per week, but once a month on the first Friday of the month,
0:55.2	we air a first Friday bonus episode.
0:57.2	So happy new year.
0:58.9	Welcome to the January 2022, first Friday bonus episode.
1:03.7	By the way, in case you missed it just two days ago, we aired an interview with the guy
1:10.6	who you're about to hear in today's episode, Joe Saw-Seehai, former financial planner,
1:14.8	my buddy, my co-host on half of these episodes.
1:18.5	We flip the tables and put him in the interview we seat, and it turns into an intellectually
1:23.8	robust episode that has the least clickable title in the history of podcasting.
1:29.0	We named it practical investing and the efficient frontier.
1:33.8	No one is going to click on a title like that, so I figured I'd give it a shout out, anyway,
	...

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