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The Stacking Benjamins Show

How To Become a Mindful Millionaire (with Leisa Peterson)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 15 July 2020

⏱️ 73 minutes

🧾️ Download transcript

Summary

What's worse than having a bunch of money? Having bunches of money and not knowing why you have it, or what joy it would bring...if any. So if you have no plan, what's waiting at the end of the rat race? Can there be more to riches than a bulky 401k, a big house, and of course... stuff? Today we'll invite a woman who is a Mindful Millionaire, Leisa Peterson. We'll discuss why for many the conventional path to wealth is an empty journey and how to set yourself on a much more fruitful financial journey. How's your 401k doing? Good news: not many people made trades in their workplace accounts in the second quarter (after a record-setting first quarter of moves). The bad news? The moves that people DID make were generally not what you'd hope for, if you're looking for good long term results. Plus, the US House of Representatives is trying to block the Securities and Exchange Commission from allowing hedge funds in your 401k plan. What does that mean? Are we for that or against? OG and Joe will have a nice discussion about it...or maybe even a little disagreement on the subject. Of course, that's not all. We'll give Doug enough time to share some amazing trivia AND we'll also throw out the Haven Life line to Rich, even though he's from Ohio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

You know in today's world seems like the best treatments reserved only for a few. Well,

0:04.4

Discover wants to change that by making everyone feel special. That's why with your Discover card

0:09.7

you have access to 24-7 live customer service as well as $0 fraud liability, which means you're never

0:16.5

held responsible for unauthorized purchases. Finally, no matter who you are or where you

0:21.6

are in life,

0:22.6

you'll feel special with Discover.

0:24.6

Learn more at Discover.com slash credit card.

0:27.4

Limitations apply.

0:29.6

This is Rebecca from Connecticut.

0:31.9

Instead of stacking Hamilton's and Jackson's, I'd much rather be stacking

0:36.1

Benjamin's.

0:37.0

Live from Joe's Mom's Basement, it's your relationship with money.

1:00.3

Well prepare for it to get a whole lot better because today we welcome the author of the mindful

1:06.7

millionaire, Lisa Peterson.

1:08.7

Also, the numbers are in for trading in the second quarter for 401k plans.

1:13.6

Did you trade much?

1:15.0

We'll see what your peers did.

1:17.0

And of course, we'll also toss out the Haven Life

1:19.6

line to a cool guy named Rich from Ohio.

1:23.0

Wait a minute, there's no cool guys in Ohio.

1:26.0

Anyway, Rich has a question about funding an S.E.P.

1:29.0

IRA from work in the gig economy.

...

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