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Your Money, Your Wealth

Finance For Normal People with Meir Statman - 125

Your Money, Your Wealth

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3681 Ratings

🗓️ 31 July 2017

⏱️ 68 minutes

🧾️ Download transcript

Summary

Meir Statman, professor of finance at Santa Clara University and author of Finance For Normal People: How Investors and Markets Behave tells Joe and Big Al how smart people can avoid doing stupid things when it comes to investing. Also, are you house rich but cash poor as you approach retirement? The fellas have some strategies for making use of that home equity to create some additional retirement income.

Transcript

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0:00.0

Once you kind of figure out that you are in fact walking into a jungle when you walk into the market

0:07.6

and you have a water pistol and other traders have bazookas, the best thing you can do is not get into the jungle.

0:16.4

That's Mears Statman, Professor of Finance at Santa Clara University, and author of Finance for Normal

0:21.1

People, how investors and markets behave. Today on Your Money, Your Wealth, he tells Joe and Big Al

0:26.0

how smart people can avoid doing stupid things when it comes to investing. Also, are you house-rich

0:31.5

but cash poor as you approach retirement? The fellows have some strategies for making use of that

0:36.2

home equity to create some additional retirement income for you.

0:39.3

Now here's a guy that's always good to his mother, Joe Anderson CFP, and the perpetually positive Big Al-Clobine CPA.

0:46.3

Welcome to the show. We have a few things lined up today.

0:52.3

Yeah, we do. I'm pretty excited. Are you?

0:55.0

Yeah.

0:56.0

At least one of us is.

0:57.0

Because, you know why?

0:58.0

Why?

0:59.0

It's my favorite time of the week.

1:00.0

I actually get to sit down, relax, have a nice chat with my best friend.

1:04.0

All right.

1:05.0

So there you go.

1:06.0

Look at you.

1:07.0

Buttering up.

1:08.0

It better be really good.

1:10.0

Better. Buttering up. Show better be really good. They better.

...

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