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The Stacking Benjamins Show

Boost Your Income, Grow Your Stash, and Practice Better Spending (with Michele Cagan)

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 31 January 2018

⏱️ 59 minutes

🧾️ Download transcript

Summary

The basics of finance ain't easy...at first, but once you jump on and learn them, it's just like riding a bicycle (as mom says). Today we welcome CPA Michele Cagan, whose written a clever Infographic Guide to Personal Finance. She'll take us through a few lessons, from compounding interest to earning more money and spending less. It's a fun interview and a great way to either learn if you're just getting started OR to dust off your knowledge if you're an old finance pro.

In our headlines segment, we discuss investors going crazy for stocks--which never ends well. Plus, we talk about active investing. What's the future of active investments? Is it really going to be all robots and automation? One recent piece in the popular press thinks so. We'll discuss it.

Of course we'll still throw out the Haven Life line to a lucky listener. This time Bobby asks about 401k management fees. Should he pay a company .6% to manage his stash? We'll also answer a listener letter AND still have time for Doug's trivia. 

Check out this week’s menu and get $30 OFF —WITH FREE SHIPPING—by going to BlueApron.com/SB.

Thanks also to MagnifyMoney.com for sponsoring today's show. Compare, ditch, switch and save on student loans, auto loans and more at StackingBenjamins.com/MagnifyMoney.

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

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Scott from California.

0:02.0

When I'm not hiking at National Parks, I'm stacking Benjamins.

0:10.0

Live from Joe's mom's neighbor, Doug.

0:27.5

I'd love to make a few extra bucks this week because I'm headed to Florida with Joe and OG.

0:32.9

To help us save, invest, and earn more money, please welcome CPA Michelle Kagan. Also in headlines,

0:39.4

exchange traded funds are getting smarter and investors' appetite for risk hits new highs.

0:45.2

We'll talk about what that means to you. Hey, we're also going to throw out the Haven Lifeline

0:50.0

to Bobby, who wonders about retirement plan fees, answer your letters, and still rock some of my money trivia.

0:57.0

And now, two guys who are alarmingly pale and should be packing up lots of sun tan lotion,

1:03.0

Joe and O J-J-J-J-J-J-J-J-G.

1:14.8

I think you're a little pale.

1:16.0

Are you talking to me?

1:18.2

I am a golden brown.

1:19.8

No, no, no.

1:20.9

I do not.

1:21.9

I do not burn.

1:24.3

I just, I turn golden brown.

1:26.4

No suntan lotion necessary for me.

1:29.1

Yeah, every time, I'm sure. Hey, everybody, welcome to the suntan lotion podcast. I'm Joe Sal C-high. Average of money on Twitter. Consider me SPF 190, right?

1:37.7

Yeah, they don't make it high enough for your pasty skin. No, it's going to be great. What we're talking

1:42.8

about, actually, you and I headed to

1:45.3

Florida with some people. Stacky Benjamin's Experience coming up, stacking benjamins.com forward

...

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