Making the Leap to Successful Investing (with Erin Lowry)

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 8 May 2019

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Erin Lowry from Broke Millennial learned early on about investing. As someone who's VERY conservative and not excited about losses, she didn't want much to do with investing. But, she'll tell us the story today about how she got started and about how you can make it easy. We'll talk about the types of funds to simplify your investment choices, how to add money, and what to do if the market isn't your friend (things start to fall apart). Plus, in our headlines segment, one man who called the last two market downturns says there's another on the way. Should we be preparing for choppy waters? Later on, we'll throw out the Haven Life Line to Larry, whose emergency fund has been drained after a few back-to-back expenses. Should Larry get his emergency fund back to capacity over time, or look towards his Roth IRA contributions to speed up the process? And in our letters segment, Brian has took a side gig delivering food for Uber Eats. After talking to some of his fellow drivers Brain is suspicious that they're defrauding the IRS by not paying any taxes on their earnings. Should Brian steer clear of their advice, or is he just missing out on easy money? As always, we'll still save some time for Doug's trivia...which today is exceptionally epic. Thanks to Ting for supporting Stacking Benjamins! Get $25 off your phone at sb.ting.com. 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.
0:24.5	Learn more at Discover.com slash credit card.
0:27.3	Limitations apply.
0:31.8	Hey Stackers, just a quick note before we hit play on today's awesome
0:35.2	podcast episode. If you're in the Midwest specifically within driving distance of
0:40.1	Detroit we on Friday are hosting Grant Sabadee coming to the Metro Detroit area.
0:48.0	He'll be in Farmington Hills at our partners site, a Green Path Financial Wellness. Their goal is to remix the
0:54.6	American Dream so it works for everybody and they really help people get their
0:59.2	financial house in order and we're so excited to be partnering with them on this.
1:03.0	Also Andy Hill for marriage kids and money.
1:06.0	If you don't remember or don't know who Grant Sabade is,
1:09.0	you can go back and listen to the episode when he was in the basement recently but he had what $2.26 left in his bank
1:16.5	account and that was when he was 24 years old so if you're young don't have any money you
1:21.9	want to hear Grant's story whether you listen to the
1:24.1	episode or come join us live anyway five years later had a net worth of well
1:28.4	over a million dollars how did he do that we're going to talk to him but we're
1:32.2	also going to pull out the stops we're going to talk to him but we're also going to pull out the stops.
	...

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.