MTI106: Listener’s Letters – Beginning with Robinhood, Acorns and Betterment

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 30 September 2016

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we answer listener letters from Shylowe, Christopher, Michael and Justin. Shylowe is living paycheck to paycheck and wants to learn about investing. He uses Acorns and Robinhood because they really have no barrier to entry, has had some success,

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	Hey everybody, welcome to another exciting episode of the Money Tree Investing Podcast.
0:15.0	I'm Joe Saul See High from Stacking Benjamins driving the bus today.
0:19.0	And I'm really excited because it's a special episode,
0:22.0	one of my favorite episodes, where we're answering your questions. And here is our esteemed
0:28.2	panel of question answers. We'll start out in the desert with Linda P. Jones. Welcome to the show,
0:34.2	Linda. Thank you. I'm so excited. We had a 90 degree day yesterday. Only 90 degrees. It's getting cooler and fall is coming. I'm excited. The frog's only a little boiled now.
0:49.4	My dog got to go outside for the first time in a couple months. It's pretty sad. It was funny when I moved
0:55.1	from Michigan to Texas, just as a quick aside, I know this isn't what the show's about, but I used to
1:00.4	say goodbye to my neighbors in, you know, November, December, and it would, when you'd look outside
1:06.0	your window, it clearly looked like you didn't want to be out there until maybe March or April. Then you go out in your front yard and you'd say hello to your neighbors again.
1:13.4	When I moved to Texas, it was exactly the opposite.
1:16.2	May came around and I'd say goodbye to my neighbors.
1:19.5	But the thing that drives me crazy, and this has got to be the same for you, Linda, I look outside and it looks gorgeous.
1:25.5	And I take two steps outside my door and I go, what the
1:28.9	hell were you thinking? And run right back inside. Oh, it's such a hot oven. I mean, it just doesn't
1:34.7	cool down under 100 at night. It's just crazy. Yeah, but then in December and January, how happy are we?
1:40.6	Yeah, exactly. Well, eight months of beautiful, beautiful weather. Amen. And here's a guy who's happy all the time. Also, I think in the desert where he lives. Doug Goldstein, do you live in the desert?
1:52.0	Well, it used to be the desert. Israel was then replanted about 60 years ago and is really cool. Actually, the neat thing about Israel is that pretty much any time of year, it's a kind of small
2:01.2	country. In fact, Israel's smaller than New Jersey. I don't know if I'm embarrassed to say that,
2:05.8	but you can just go to the other side of the country in a couple of hours and either be in the
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