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The Stacking Benjamins Show

Investing Horror Stories with Chad Smith (SB RWD 67)

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

🗓️ 1 November 2017

⏱️ 76 minutes

🧾️ Download transcript

Summary

Even though yesterday was Halloween, we continue our trek through a graveyard-worth of scary financial stories. On Monday the Fintern brought us the "Top 5 Scariest Investing Tales with Rick Ferri." It was only fitting to keep the Halloween trend going with last year's holiday special, 5 Tales of Financial Horror with CFP Chad Smith. Here's the original description of the show:

What money bumps keep you awake at night? Certified Financial Planner Chad Smith knows. On our very special Halloween episode, he reveals FIVE movie-themed horrors and the strategies it'll take to face your fear.

In our headline segment the guys contemplate NOT paying off your mortgage early. When is that a good idea? Also, we answer a hotline call from Richie about HSAs and a letter from Russell about investing in the FOREX exchange. Is it a good idea to trade the FOREX?

Of course, like always, there's LOTS more fun on today's show....as we keep the Halloween fun alive for one more day!

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Transcript

Click on a timestamp to play from that location

0:00.0

Pre-recorded from Joe's mom's basement, welcome to a Wednesday rewind episode of the

0:07.5

Stacking Benjamin Show.

0:09.0

Hey everyone, I'm Griffin the Intern, or as the lovely ladies in my jazzercise class call me

0:13.6

the Fintern.

0:15.0

Speaking of financial horror stories, half of the basement lights aren't working, and there's a draft

0:18.8

coming from somewhere.

0:19.8

Don't get me started on the spider webs. I'd say it's decoration, but I think the basement is always like this. But on that note, I've got another Halloween-themed episode for you. I had to eat a bowl of candy corn to find the flash drive, but lucky for you, I'm dedicated to my craft. Today I'm bringing you last year's Halloween episode. Five Tales of Financial Horror with CFP Chad Smith.

0:38.5

This episode is almost a year old now,

0:40.3

so disregard anything you hear about investment info or giveaways.

0:43.7

Fintern out.

0:48.4

Bring out today.

0:54.0

Bring out today. There's one. I'm not dead. What? Nothing. Use your knife-pids. I'm not dead. Here. He says he's not dead? Yes, he is. I'm not. He isn't. Well, he will be soon. He's very ill. I'm getting better. No, you're not. You'll be stone dead in a moment. I can't take him like that.

1:11.7

It's against regulations.

1:17.2

Live from the place that scares all the other money podcasts, it's the stacking

1:22.1

Benjamin Show.

1:23.3

Oh, no. Hey everyone, it's Joe's mom's neighbor Doug and hide your wallets in 401 case statements kids, because today we're bringing you frightening money tales.

1:40.9

Helping us around this virtual podcast campfire from the Financial Cemetery

1:45.1

Podcast Certified Financial Planner Chad Smith.

1:48.5

Also, a horrifying headline about paying down your mortgage and a blood-curdling tale

1:53.3

about mistakes new employees make when starting their new job.

1:57.2

Plus, we have letters and a hotline call that'll send chills down your spine, and my trivia

2:02.2

that'll make you cover your eyes and beg us to stop.

...

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