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The Stacking Benjamins Show

Better Investing Using Horrible Investment Products (SB1662)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 28 March 2025

⏱️ 64 minutes

🧾️ Download transcript

Summary

Ever fallen for an investment that seemed like a sure thing... until it wasn’t? You’re not alone. Today, we shine a light on some of the worst investment advice out there—and help you steer clear of it. Joining Joe at the roundtable are: Paula Pant from Afford Anything Jesse Cramer from Personal Finance for Long-Term Investors And Don McDonald, financial pro and former astronaut (not really, but just go with it) from Talking Real Money. Infinite banking and other shiny traps – What sounds like genius often comes with fine print you’ll wish you’d read. Penny stocks and the illusion of easy money – Spoiler: if it feels like a shortcut, it's probably a detour. Equity-indexed annuities and their slick sales tactics – When someone tells you there’s “no downside,” maybe run. Gut feelings vs. data – The panel weighs in on trusting instincts vs. trusting actual math. Teachers and 403(b) plans – A quick peek behind the curtain at one of the most overlooked problem areas in personal finance. How not to invest – A rundown of red flags and hard-won wisdom from people who’ve seen the worst up close. Meanwhile, Doug brings the trivia thunder with a question about sitcom salaries—and things quickly go from Big Bang to big bucks. Whether you’ve made a misstep or are just trying to avoid one, this episode will help you tune out the noise, spot the nonsense, and build a smarter, more resilient investment plan. FULL SHOW NOTES: https://stackingbenjamins.com/our-least-favorite-investments-1662 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm no tech genius, but I knew if I wanted my business to crush it, I'd need a website

0:05.3

now.

0:06.3

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0:08.0

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0:13.7

In minutes, my site was set up.

0:15.3

I couldn't believe it.

0:16.3

The search engine tools even help me get more site visitors.

0:19.6

Whatever your passion is, you can set it up with Bluehost.

0:23.0

With their 30-day money-back guarantee, what have you got to lose? Head to bluehost.com to start now.

0:29.6

Bombas makes the most comfortable socks, underwear, and t-shirts. Warning, bombas are so absurdly

0:34.8

comfortable you may throw out all your other clothes. Sorry, do we legally have to say that?

0:39.5

No, this is just how I talk, and I really love my bombus.

0:42.1

They do feel that good, and they do good, too.

0:44.6

One item purchased equals one item donated.

0:46.9

To feel good and do good, go to bombus.com slash listen,

0:50.4

and use code listen for 20% off your first purchase. That's B-O-M-B-A-S.com slash listen and use code listen at checkout.

1:01.0

I'm actually snaverly being of sound mind and body to hereby bequeath the following.

1:07.8

To my wife Rose who spent money like there was no tomorrow I leave

1:12.0

one hundred dollars and a calendar to my sons Rodney and Victor who spent

1:18.3

every dime I ever gave them on fancy cars and fast women I leave fifty dollars

1:23.5

in dimes and to my other friends and relatives

1:27.9

who also never learned the value of a dollar,

...

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