Should You Take Advice From Televisions Money "Gurus"?

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 7 April 2023

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Who should you trust? Talking heads on television often have a LOT to say about your money. Yet, one popular television show called out a "guru" live, questioning the validity of their advice. So today we ask our roundtable panel about that particular exchange: where should your filter kick in with online advice. Whether you're listening to the radio, watching videos, or heck...even listening to us, when should you apply some caution? What are the questions you should be asking yourself about online advice. We're excited that Lacey Langford (Military Money Show & the Military Money Conference) joins the crew to tackle this topic today. She definitely brings opinions! Of course, that's not all. We'll also continue our year-long trivia contest. Will Lacey be able to help team "Paulette" get back in the race? FULL SHOW NOTES: https://stackingbenjamins.com/friday-roundtable-1340. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:04.4	You can earn five times more interest than the national savings average. Five times.
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0:12.9	It's FDIC insured up to the maximum allowed by law. Learn more at Discover.com and start saving
0:18.8	with confidence today. Discover Bank member FDIC. Hey, this is Joe Sister Nikki. I think I might
0:27.0	be the only girl in the world who has a brother who spends his entire day in the basement pretending
0:33.3	he has an internet radio show. Live from Joe's mom's basement or someplace it's the stacking
0:45.9	Benjamin show. I'm Joe's mom's neighbor, Doug, and get ready to wrap your mind around who you
1:01.2	should and shouldn't be taking advice from. I don't really need help with this though. I've
1:05.8	already got a guy for stock tips. Yep, my car guy hasn't steered me wrong yet. Except for those
1:12.0	call options on blockbuster he told me to go all in on. Speaking of where to find great advice,
1:18.0	our panel today is discussing why you shouldn't take investment advice from TV personalities.
1:24.2	Plus, our regular guy who doesn't take advice from anyone is Len Penso. And a woman who only
1:31.4	takes financial advice from Brad Pitt. It's Lacey Langford. And our own in-house master of advice
1:39.2	giving is OG. That's not all. We'll see which one of these knuckleheads or Lacey can win at my
1:48.0	trivia question. And now a guy who has plenty of personality, it's Joe Salcihide.
1:58.9	Well, hey, thank you, Doug, from one personality guy to another. Welcome to Friday. I am Joe Salcih.
2:04.6	I got my Joe Money on Twitter. And we are going to have some fun today because we are going to,
2:11.0	well, we're going to go after some big time people that appear on TV, radio, podcast.
2:17.7	So an after. Ready to get ready to get ready to put the boxing gloves on OG. That voice you heard
2:24.4	is the OG sitting across the card table from me. How are you, man? I don't need boxing gloves.
2:29.3	I'm a bear knuckler. Oh, just who wants to cushion the blow? Nobody needs to cushion the
	...

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