“How Do I Become a Boring Investor?” (Listener Intervention)

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.6 • 1.7K Ratings

🗓️ 16 February 2022

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s Money Rehabber has had some major wins and huge losses by making risky investments. Now he just wants to know: can I (and should I) be more boring with my investing choices? Today, Nicole focuses on helping this listener make his financial rollercoaster a little less bumpy.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.1	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.7	That's a good one.
0:09.7	Ian and should I have a 401k because I don't do it?
0:12.6	No, I know.
0:14.2	What's that?
0:15.2	I don't think the whole world will revolve around you on your money.
0:17.6	What a dumb shit.
0:18.6	I don't think I'm gonna die.
0:19.6	Charge for wasting our time.
0:22.8	I don't think I'm gonna die.
0:23.8	I will take a check.
0:24.8	I don't want to get pulled.
0:26.8	You recognize her from Anchoring on CNN.
0:29.6	On CNBC and Bloomberg, the only financial expert you don't need a dictionary to understand.
0:36.2	The cold lap in.
0:37.2	Today, one of our producers is instigating a money rehab intervention for a friend.
0:44.6	So Mike, producer Mike, why did you think your pal, Mike, let's call him intervention-y,
0:53.1	Mike.
0:54.1	Not sure if that's a word, but we're going with it.
0:56.6	Needed said intervention.
0:58.8	So my friend, Mike McLaughlin, otherwise known as McLaugh.
	...

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