Do You Need A Stock Market Exit Plan? (SB RWD 110)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 3 July 2020

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should you have an exit strategy for the stock market? In this rewind episode Paula Pant and Len Penzo go head-to-head with their own personal strategies. Also, during the Fintech segment we interviewed Kyle Robertson, co-creator of the now discontinued Lemon app. While you won't be getting your hands on Lemon, our discussion still serves as a great introduction to taking charge of your finances with the help of financial tools. You can read the original show notes below: It’s WAR in the basement today, as Len Penzo (LenPenzo.com) and Paula Pant (AffordAnything) square off about exit strategies. Should you think about selling if the market tanks but you haven’t yet reached your goal? We’ll talk about that for a LONG part of today’s super-sized show….but that’s not all. We also have other topics and the usual hilarity. At the halfway point, in the FinTech spotlight we talk to Kyle Robertson, the co-creator of the Lemon app (Lemon.co), about how his expense and money tracking app works. Not only does it show you how you’re spending money, but it’ll provide helpful data and tips so you can manage your money better in the future. Thanks to MagnifyMoney for sponsoring our podcast! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You know in today's world seems like the best treatments reserved only for a few. Well,
0:04.4	Discover wants to change that by making everyone feel special. That's why with your Discover card
0:09.8	you have access to 24-7 live customer service as well as $0 fraud liability, which means you're never
0:16.5	held responsible for unauthorized purchases. Finally, no matter who you are or where you are in life,
0:22.4	you'll feel special with Discover. Learn more. No matter who you are or where you are in life,
0:22.6	you'll feel special with Discover.
0:24.6	Learn more at Discover.com slash credit card.
0:27.4	Limitations apply.
0:29.2	Pre-recorded from Joe's Mom's Basement
0:31.3	welcome to another rewind episode of the Stacking Benjamin show.
0:34.6	Hey everyone, I'm Griffin the intern, or as my Xbox profile reads, The Fintern.
0:39.6	Happy Independence Day weekend to all my U.S. listeners, and all of you other former British colonies can feel free to party with us too.
0:45.4	Everyone else I'll just say happy Friday.
0:48.0	Well I must have really missed the basement because I haven't made a complaint all week I I guess anything can grow on you with enough time.
0:54.0	But don't you worry, I'm not getting negative on my last day here, at least not about the basement anyway.
1:00.0	I can't exactly say today's roundtable topic will be all good news and daisies, but I'll let you decide that for yourself.
1:05.2	Today's roundtable topic and the name of today's show is, do you need a stock market exit plan?
1:10.8	This roundtable episode features Len Penzo and Paula Panx squaring off with their own thoughts,
1:15.5	and it makes for a great listen. While new listeners will be used to our single headline,
1:19.5	long topic format, this was a step in a new direction back in 2016, and the gang really got into it.
1:25.6	Alright Stackers, that's it for this week of rewinds.
1:28.1	I've had a blast.
	...

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