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The Iced Coffee Hour

The #1 Investment That Will Make You RICH In 2026! | The Money Guys

The Iced Coffee Hour

Graham Stephan/Jack Selby

Business, Entrepreneurship

4.4 โ€ข 790 Ratings

๐Ÿ—“๏ธ 17 May 2026

โฑ๏ธ 152 minutes

๐Ÿงพ๏ธ Download transcript

Summary

Huel: Limited Time Offer - Get Huel today with our exclusive offer of 15% OFF online with our code ICED15 at https://www.huel.com/iced15. New Customers Only. ElevenLabs: Get 11% more credits on any individual plan at https://Elevenlabs.io/icedcoffeehour #ElevenAgentsPartner Airbnb: Find a co-host at https://airbnb.com/host ZipRecruiter: Post jobs for free at https://ziprecruiter.com/ICH ZocDoc: Check out Zocdoc and stop putting off those doctors appointments. Go to https://zocdoc.com/ICED to find and instantly book a top-rated doctor today. Sign Up For Our Credit Idea: http://www.extradollar.com/ Follow ย @MoneyGuyShowย  here! *๐—–๐—ข๐—ก๐—ก๐—˜๐—–๐—ง ๐—ช๐—œ๐—ง๐—› ๐—จ๐—ฆ* ๐—œ๐—š: https://www.instagram.com/icedcoffeehour ๐—๐—”๐—–๐—ž: https://www.instagram.com/jlsselby ๐—š๐—ฅ๐—”๐—›๐—”๐— : https://www.instagram.com/gpstephan ๐—–๐—น๐—ถ๐—ฝ๐˜€ ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น: https://www.youtube.com/c/TheIcedCoffeeHourClips ๐—ซ.๐—ฐ๐—ผ๐—บ: https://x.com/TheICHpodcast ๐—ง๐—ถ๐—ธ๐—ง๐—ผ๐—ธ: https://www.tiktok.com/@theicedcoffeehour ๐—ฆ๐—ฝ๐—ผ๐˜๐—ถ๐—ณ๐˜†: https://open.spotify.com/show/5c2uoXBQkOjIiCOf60jJj7 ๐—”๐—ฝ๐—ฝ๐—น๐—ฒ: https://podcasts.apple.com/us/podcast/the-iced-coffee-hour/id1515070058 For sponsorships or business inquiries reach out to: icedcoffeehourpartnerships@gmail.com Apply for The Index Membership: https://entertheindex.com/ For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 0:00 - Intro 1:04 - Why Do People Save So Little? 4:52 - Paycheck to Paycheck at High Incomes 14:03 - Best Professions for Wealth Building 16:18 - Which Brokerage Should You Open? 18:05 - Sponsor - Huel 20:01 - Is Being Broke Your Fault? 22:02 - Will AI Make Investing Easier? 25:00 - Covered Calls Debate with Jack 39:00 - Money Guys Rate Jack's Portfolio 33:59 - Sponsor - ElevenLabs 50:16 - Should You Worry at All-Time Highs? 55:00 - Sponsor - Airbnb 56:17 - When to Hire a Financial Advisor 58:57 - What Should You Invest In? 1:06:17 - Sponsor - ZipRecruiter 1:07:21 - Sponsor - ZocDoc 1:08:30 - Biggest Investing Mistakes 1:12:49 - Best & Worst Investors by Profession 1:19:16 - Investing in Pokemon Cards 1:21:19 - Collectibles vs Real Investments 1:24:53 - Riskiest Personal Investments 1:33:55 - Is the Real Estate Market Broken? 1:37:30 - Calling Steve Will Do It About a Coin Flip 1:43:14 - Income Needed to Afford a Home 1:46:11 - Is Real Estate Still Worth It? 1:53:31 - MicroStrategy Strategy & Madoff Red Flags 1:56:04 - Is $1M Enough to Retire? 1:58:33 - What Is FU Money? 2:01:29 - Running Out of Money in Retirement 2:03:49 - Lifestyle Creep Isn't Always Bad 2:06:09 - Best Things to Spend Money On 2:10:41 - Money Guys Rate Graham's Portfolio *Some of the links and other products that appear on this video are from companies which Graham Stephan & Jack Selby will earn an affiliate commission or referral bonus. Graham Stephan & Jack Selby are part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

If you self-define yourself as a victim that this system's built against you, unfortunately, victims don't come out ahead. I think we're seeing the consequence of elevated volatility. Because I think anybody can be wealthy, but it's going to require discipline. You live in a less thing you make. You're using that margin to actually create the money that then gets invested. And anybody, if you give it enough time, can be a millionaire. What are some of the biggest mistakes that you've seen people make? Whether you're a 20-year-old or you're a 60-year-old, if you don't have disciplines, it's going to be very, very hard for you to be successful financial. It's why we see so many professional athletes who sign these huge contracts or these huge salaries and end up broke. Do you think that that's on purpose?

0:39.3

Consumption is profitable.

0:41.3

Selling you stuff is profitable.

0:43.3

Creating people who are independent and know how money works.

0:46.3

It's not as easy.

0:47.3

Should investors be worried about how much the market is now dominated by AI?

0:51.3

The market has a way, at least in my experience, of making us all,

0:55.3

even the smart ones, look like fools.

1:01.3

Brian and both, thank you so much for coming on the iced coffee hour. You guys manage about

1:05.6

$2.2 billion worth of money for your clients. You guys are both certified financial planners,

1:11.4

CFA, CPA. You guys are the real deal. And at the end of the episode, we want you both to react

1:16.8

to Graham and my investment portfolios. I think you guys are going to hate all I'm

1:22.9

investing my money. But before we do that, Graham has a question. I want you to react to this clip,

1:29.2

because you focus a lot on retirement and saving. And Elon Musk just said that saving for

1:34.2

retirement right now is pointless. Here's exactly what he said. One side recommendation I have is

1:39.2

like, don't worry about like squirreling money away for retirement in like 10 or 20 years,

1:43.5

it would matter.

1:44.6

No.

1:47.2

Okay.

1:49.4

Either we're not going to be here or?

1:54.9

It just like, you won't need to save for retirement.

1:59.7

If any of the things that we've said are true, saving for retirement will be irrelevant. So I think the context made in that clip, as he was saying that artificial intelligence is going

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