Investing For Beginners (with Bola Sokunbi)

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 30 November 2020

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Think you don't know the first thing about investing? Bola Sokunbi makes it clear that not only is investing EASIER than you might think, it also can be a lot of fun. We'll define some of the popular terms you'll hear, talk through some of the basics, and dive into what you really need to invest so that you feel confident about getting where you want to go with your financial goals.

Also today, we dive into a popular sports figure who spends north of a million dollars a year on coaching. A million dollars? Doesn't that sound like a waste of money? We'll maybe change your mind on how you view expenses to "sharpen the saw" (as popular author Stephen Covey has written). We'll also talk about the difference between how professionals invest versus the amount of money that

Glen calls in during our Haven Life Line with some questions about the government Thrift Savings Plan. Glen has left his contributions alone and now that they've grown he's looking to consolidate his various workplace funds into a Vanguard account. He asks: can his TSP contributions be rolled over? Does the face Glen made contributions in Iraq change how his money is treated?

Of course we'll also give Doug some time to share his trivia. Today's theme? Think you're in tune with digital purchasing trends? (That's a weird sentence). You can test your mettle with Doug's Cyber-Monday themed trivia.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	You know, I don't understand this podcasting thing.
0:03.9	How come you boys can't have those keg parties and chase the girls like all the other nice boys do?
0:10.4	Y'all are nerds.
0:16.8	Live from Joe's Mom's Bas, it's the stacking Benjamin show.
0:30.7	I'm Joe's mom's neighbor, Doug, and now that retail stores have finished their most clever weekend in history, let's get clever with your investing.
0:39.8	And who better to help us with investing 101 than the woman behind Clever Girl Finance, Bola Sukunbi?
0:47.3	Plus, how much do star NFL quarterbacks invest in their performance?
0:52.4	We'll share stats on one quarterback and what this might mean to all of us NFL caliber savers.
0:59.7	Last but far from least, we'll toss out the Haven Lifeline to Glenn, who is wondering how he would roll over his TSP account and whether it's even worth it.
1:10.0	And of course, I'll fire up those brain cells with my Cyber Monday theme trivia.
1:15.5	And now, two guys who have been investing in their performance with Cheetos and beer for decades,
1:22.3	it's Joe and O, J-J-J-J-J-G.
1:39.7	Yeah. and oh jia j j j j j j j j i got to say my chitos game is on but my go wash your hands right after the chitos not so on you got to have the white chitos have you you had those? No. White cheddar Cheetos? A new, new flavor. I like the extra crispy ones. Oh, that's one. I got to say, I only have those when I'm on a road trip. Like, there is no way I'm ever bringing a bag of Cheetos home. But if I'm on a road trip and I just stopped for gas and, you know,
2:00.9	yeah, yeah. I'm like, oh, you know, I'm on vacation. I'm more than 500 miles from home.
2:06.3	So it's all fat free. Hey, everybody. Welcome to Nutrition for the Wind podcast. I'm Joe Sal C.
2:11.4	High average Joe Money on Twitter. Happer. Happer. Happer. Shire Monday to you, Mr. O.G.
2:18.3	Is there a big delineation this year between Black Friday and Cyber Monday, considering
2:24.3	everything's just been online since March?
2:28.3	Well, I was talking to Regina and Bridget last week.
2:30.3	They're like, all the deals have begun and we're not even Black Friday yet.
2:40.6	Like, is there going to be anything special? Probably, probably not. Did you have a fantastic holiday weekend with family? Yeah. Yeah. Got a little after school activity in, which was nice.
2:46.2	And just hung around, watch a little football. I told myself, I wasn't going to work last week. And as you know, because we recorded part of the last week. When you told me that, I was like, this is pretty cool. And then like Sunday night a week ago, you're like, hey, dude, when are we working next week? I thought we were taking the week off. But you know what? Duty calls. The show must go on. We have to make sure that there are shows for everybody. And hey, thanks to Fiverr for supporting Stack and Benjamin's. It's so easy to find freelance talent for your business or your product. Don't waste any more time. Get 10% off and the service you deserve by going to fiv e r.com and use code sb.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.