Dangerous Words in Finance
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 16 May 2017
⏱️ 30 minutes
🧾️ Download transcript
Summary
Morgan Housel—former Fool and Forever Friend—is back to share some of the most dangerous terms financial pundits and experts use all the time. We’ll also answer your question about how to buy stocks in a college savings account and play a rousing game of “Johnny Depp payed how much for what?!” Thanks to Slack for supporting Motley Fool Answers. Learn more at slack.com.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, thanks to Slack for sponsoring today's episode of Motley Fool Answers. Slack is a messaging |
| 0:05.0 | app which brings together all of your team's communications in one place, making work simpler |
| 0:10.0 | and more productive. Go to Slack.com to learn more. |
| 0:13.0 | This is Motleyful Answers. I'm Alison Southwick and I'm joined as always by Robert Brokamp, |
| 0:20.0 | personal finance expert here at the Motley Fool. Hello, bro. Always a pleasure to be with you, |
| 0:25.3 | Allison. Well, we are lucky because we have a special guest in the studio today. Morgan |
| 0:29.7 | Hausel is back and he's going to share his list of dangerous words in finance. We're also going |
| 0:35.7 | to answer your question about holding individual stocks in a |
| 0:38.4 | 529 plan. All that and more on this week's episode of Motley Fool Answers. It's time for |
| 0:44.1 | Answers. And this week's question comes from Luke on Twitter. If you're on Twitter, |
| 0:50.9 | we're on Twitter, so follow us at Answers Podcast, please, if you'd |
| 0:55.2 | be so kind. |
| 0:56.2 | Luke asks, can you invest in individual stocks with a 529 plan? |
| 1:00.4 | Or is it like a 401k that lets you invest in index funds only? |
| 1:04.0 | Well, Luke, the answer is no. |
| 1:07.0 | You cannot buy individual stocks in a 529 plan. |
| 1:10.1 | 529 plan is administered by states, usually offered by some financial services organization, |
| 1:15.6 | and the choices are just mutual funds. |
| 1:17.6 | Plus, you can generally only make two investment changes in the course of a year. |
| 1:22.6 | So you can only buy funds and you can't do a lot of switching in and out. |
| 1:26.6 | If you want to buy stocks for college education, the way to go is the Coverdell Education |
| 1:32.2 | Savings account. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.