Foolish Guide to Getting Married
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 12 February 2019
⏱️ 42 minutes
🧾️ Download transcript
Summary
For the first in our series tackling major life events, Sean Gates from Motley Fool Wealth Management offers advice on managing your money and mistakes to avoid when getting married.
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Transcript
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| 0:00.0 | Thanks to Audible and the new Audible original Power Moves for supporting Motleyful Answers. |
| 0:04.8 | Power Moves by Adam Grant is now available and you can get it for free when you sign up for a free |
| 0:08.9 | audible trial at audible.com slash foolpower or text Foolpower to 500. |
| 0:20.0 | This is Motleyful Answers. I'm joined as always by Robert Brokant, personal finance expert here at the Motley Fool. |
| 0:25.1 | Hello. |
| 0:26.1 | Today is the first series of episodes we're going to do this year that are going to tackle major |
| 0:32.9 | life events with the help of a Motley Fool financial planner. So, helping us today, who's going |
| 0:38.8 | to kick it all off is Sean Gates and Mauiage. |
| 0:42.3 | Mowage. |
| 0:43.3 | Mowage. |
| 0:44.3 | All that and more on this week's episode of Motleyful Answers. |
| 0:48.3 | So, what's up, bro? |
| 0:50.3 | Well, I've got three things for you, Allison. First of all, number one, the surprisingly small benefits of successful market timing. |
| 0:58.1 | So now we regularly tell our members that you shouldn't try to market time. |
| 1:02.3 | And we occasionally cite studies. |
| 1:03.6 | We did it in like the two episodes. |
| 1:06.1 | Right, right, right, right, right. |
| 1:08.7 | But that won't stop us from reminding you again, especially when a new study comes out. And |
| 1:13.5 | this one is courtesy of investment management firm, Albert Bridge Capital, based in London. So, |
| 1:19.7 | here's the setup. Imagine you're 25 years old, and you're going to invest $1,000 into the stock |
| 1:24.3 | market every year for the next 30 years. And you are so good that you |
| 1:28.5 | pick the absolute best day to invest in each and every year. Now, they estimate that the |
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