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The Stacking Benjamins Show

Financial Advice You Should Ignore (with an intro to FarmTogether)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 26 March 2021

⏱️ 91 minutes

🧾️ Download transcript

Summary

Have a difficult time separating good financial advice from the bad? Today our contributors tackle everything from budgeting and credit utilization myths, to discussions on trade schools and the rent vs mortgage debate. Joining us on today's round table is Lauryn Williams from the Worth Listening podcast, Paula Pant from the Afford Anything Podcast, and Len Penzo from the LenPenzo.com blog. Friday Fintech: FarmTogether After the constant reminders to diversify, you eventually decided to invest a portion of your portfolio into something like bonds, right? Ever consider farmland? Joining us from the FarmTogether investment platform, we welcome founder Artem Milinchuk to learn more about farmland investing. Joe and Artem discuss how farmland's low correlation with the stock market provides better diversification, how advances in the farming industry align with ESG values, and how farmland can provide bond-like stable returns while still providing equity-level value. Listener Voicemail: What Happens To Your Stocks When A Company Goes Private? A company you own stocks of goes private, what happens now? Caller Liz recently found out that Michael's will become a private company after a sell. Liz asks: do they sell her shares at a specific time? Does she have a choice? Fortunately, Liz tells us this is her sandbox money - she doesn't need it, but she's still curious about the process. As always, Doug has some post-fintech airtime to deliver his game-show trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Take a deep breath, relax, inhale through your nose, and exhale through your mouth.

0:12.3

Sit back and close your eyes.

0:16.1

Gradually release the tension, starting from your toes, working up your legs to your pelvis,

0:24.5

and from your fingertips, slowly up your arms to your shoulders.

0:31.2

The stacking Benjamin's show, no matter how bad it gets, is your favorite podcast.

0:40.6

I will count backwards from three, and when I snap my fingers, you'll be overcome with

0:47.1

delight at hearing the start of this episode.

0:52.5

Five from Joe's Boms Basement, it's the stacking Benjamin's show.

1:17.8

I'm Joe's Boms Neighbor, Doug, and when was the last time someone gave you bad financial

1:22.4

advice on today's show?

1:36.2

I'm Joe's Boms Neighbor, Doug, and when was the last time someone gave you bad financial

1:40.9

advice?

1:42.7

On today's show, we'll tackle six pieces of financial advice you can safely ignore.

1:49.3

Following us today, we welcome Certified Financial Planner, For Time Olympian, and host

1:55.3

of the Worth Listening Podcast, Lauren Williams.

1:59.5

And from the Afford Anything Podcast, it's Paula Pant.

2:04.7

And it was a great idea, totally the best idea financially to dig a bunker under the streets

2:11.8

of LA.

2:13.0

It's one of the mole people, they're busy tunneling under your house right now, now we just

2:22.8

got Len Penzo.

2:24.0

Plus, during today's Friday Fintech, we'll talk to a founder whose company is diving deep

2:30.7

into farmland.

...

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