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The Stacking Benjamins Show

Get Motivated, Pay Your House Off Early and Teach (plus last minute tax tips)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.42K Ratings

🗓️ 13 May 2021

⏱️ 94 minutes

🧾️ Download transcript

Summary

Ready to be motivated by your peers? Today we share success stories about living your dream, paying off your mortgage, and teaching finance to the neighborhood, and all from our listeners. Stacker Leah explains how she took charge of her finances after graduating from college and moving to New York City with her car and no job. Larry tells us the simple, down-to-earth technique he used to pay off his mortgage quicker, and we hear from Mimi on how she got the neighbor kids to start investing. Plus, we tackle a piece sent to us by Stacker David: why shouldn't investors sell their stocks for a few months each May if historical data suggest guaranteed gains?

Still haven't filed your taxes? Not sure how much you owe and worried about overpaying? Are you confused about the large tax bill waiting for you every year? Helping us answer those questions and more, we welcome CPA Carter Coefield for some last-minute tax advice. OR... depending on your perspective, take this as early tax advice and have everything you need perfect for next year. (We can dream right)?

Why do so many investors still not trust advisors? While every advisor isn't perfect, we think at least some of the blame lies closer to home. During our headlines we explain the importance of through interviewing, asking the right questions, and the power of simply saying "no" when things aren't lining up. Plus, do Warren Buffett's quotes about life and business hold up to the same standard as his investing? We take a look at a few of Buffett's most passed-on adages to see if they're up to snuff.

Of course, there's always time for a bit of Doug's trivia.

Enjoy!

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello?

0:02.0

Honey?

0:04.0

I'm at the mall now and I found this beautiful leather coat.

0:08.0

It's only a thousand. Can I get it?

0:10.0

Well, sure, if you like it that much.

0:13.0

Okay. I also stopped by the Mercedes dealership and saw the new model.

0:17.0

You know the one I really like...

0:18.0

How much?

0:19.0

120. Well, at that price I wanted with all the

0:23.9

options great oh and and one more thing the house we wanted last year is back on the

0:29.1

market they're they're asking 1.5 we'll make them an offer but come in at 1.4

0:36.9

okay I love you baby I love you too okay Come in at 1.4.

0:40.4

Okay, I love you, baby.

0:41.4

I love you, too.

0:42.0

Okay, bye.

0:46.6

Um, does anybody know whose phone this is?

0:49.2

Mm-hmm. Live from Joe's mom's basement, it's the Stacking Benjamin's show.

1:04.9

I'm Joe's mom's neighbor, Doug, and today we're bragging about all of you stackers again,

1:14.8

sharing success stories. Leia will talk about getting rolling with her money. Larry will share

1:20.8

his mortgage payoff story, and Mimi will tell us how she inspired neighbor kids to start investing.

1:28.0

Plus, Monday is tax day, and we've got you covered.

1:31.1

CPA Carter Cofield from Cofield's Concepts joins us with Just in Time Tips.

...

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