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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI178: Wealth Building Hacks w/ Jeremy Schneider

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Business, Investing

4.6593 Ratings

🗓️ 7 June 2022

⏱️ 51 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 01:36 - How Jeremy is handling the recent stock market volatility. 03:35 - Why Jeremy doesn’t try to time the market. 06:16 - How investors should think about their bond allocation. 18:50 - Who needs and who doesn’t need life insurance and what type of life insurance is likely the best. 30:03 - What tax-advantaged accounts investors should utilize. 37:46 - Money hacks you can use to access money in retirement accounts in your early retirement years. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Personal Finance Club. Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. Related episode: Building Wealth, Staying Wealthy, And Retiring Early w/ Jeremy Schneider - MI053. Related episode: Avoid These 7 Sins Of Investing To Grow True Wealth w/ Jeremy Schneider - MI078. Get a FREE audiobook from Audible. Check out our Investing Starter Packs about business and finance. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on our website. Connect with Jeremy: Website | Instagram | TikTok Connect with Clay: Twitter  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP.

0:03.4

And so if you have kids, you need life insurance.

0:05.7

If you don't have kids and if no one depends on your income,

0:08.3

so if you're a 25-year-old teacher and you have no kids and don't have like a sick brother

0:12.5

or something who depends on your income to live, you don't need life insurance.

0:15.1

Because if you die, no one starves.

0:24.7

On today's episode, we bring back fan favorite Jeremy Schneider.

0:29.3

Jeremy is the founder of Personal Finance Club, which was created to give simple,

0:34.2

unbiased information on how to win with money and help you become financially independent.

0:38.6

During our conversation, we cover how he personally is handling the recent stock market volatility, why he doesn't try to time the market, what his investment portfolio

0:43.8

allocation looks like today, how investors should think about bonds, who does and doesn't need

0:49.8

life insurance, money hacks he recommends so you can access cash early in your retirement accounts,

0:55.6

and much more. With that, I hope you enjoy today's episode with the one and only Jeremy Schneider.

1:02.0

You're listening to Millennial Investing by the Investors Podcast Network, where your hosts,

1:07.6

Robert Leonard and Clay Fink, interview successful entrepreneurs, business leaders,

1:11.9

and investors to help educate and inspire the millennial generation.

1:22.3

Welcome to the Millennial Investing Podcast. I'm your host, Clay Fink, and today we bring

1:27.3

Jeremy Schneider back onto the show. Jeremy,

1:29.6

third time back on. Thank you for joining me. Hi, Clay. Thanks for having me. I'm honored to be here

1:33.9

for the third time. Amazing. Now, Jeremy, at the time of this recording, the S&P 500 is down around 15

1:41.7

percent. And I'm sure some people are worried, okay, what's going to happen this year?

1:45.5

We got all these things with Russia and Ukraine. And we're approaching bare market territory.

...

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