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The Stacking Benjamins Show

Planet Money Co-Creator Adam Davidson: The Passion Economy

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 8 July 2020

⏱️ 78 minutes

🧾️ Download transcript

Summary

Is your job going bye-bye? Today's guest says, "Probably." But how do you succeed in an economy that seems structured against you? On today's show, we're excited to have a deep conversation with the co-founder of NPR's Planet Money and the creator of the new Passion Economy podcast, Adam Davidson. We'll touch on what the future of technology means for you, for the economy, and how our current economic situation is "more of the same" or "different" than the country's last two big downturns... and how you can STILL do what you love in an economy that's constantly changing. Plus, why in the world are people investing in bankruptcies? Is the Hertz stock fiasco ringing a bell? During our headlines we'll explain how the concept behind "knowing just enough to hurt yourself" caused amateur investors to lose their Benjamins. Later we'll throw out the Haven Life Line to Dave, who has been laid off this year. Dave and his spouse were previously unable to contribute to a Roth, but they're now eligible. Dave is thinking they should convert their traditional IRA over to a Roth and he wants to know our thoughts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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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.

0:28.9

Hey, this is Joe Crane, host a Veteran on the Move

0:31.0

podcast.

0:31.7

And when I'm not helping veterans transition

0:33.6

on entrepreneurship I'macking Benjamin Show. I'm Joe's mom's neighbor dug and today we will finally discover where the best planet in our solar system is hiding. What better planet than one that's made

1:05.6

of money and to help us decipher the exact location we welcome today one guy

1:11.0

who was behind the wildly successful podcast, NPR's Planet Money, Adam Davidson.

1:18.8

Plus, all of the volatility in the stock market has led to some interesting investment trends.

1:24.0

Is investing in bankruptcies a viable way to outperform the market?

1:28.0

We'll talk about hurts and other bad ideas on today's show.

1:32.0

Plus, if discovering a new planet isn't enough... and other bad ideas on today's show.

1:32.8

Plus, if discovering a new planet isn't enough for you,

1:35.4

don't worry, there's more.

1:37.4

We'll also toss out the Haven Lifeline to Dave,

1:40.2

who has a question about converting

...

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