The Anti-Reading List
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 19 July 2016
⏱️ 26 minutes
🧾️ Download transcript
Summary
While everyone else is telling you what you should read this summer, we're giving you a list of what to avoid. Morgan Housel joins us to share his anti-reading list (okay...and a book recommendation too). We also ask fellow Fools what they are doing this summer instead of lounging by the pool with a good book and answer your question about how to smooth out market volatility in your portfolio.
Transcript
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| 0:00.0 | Today's episode of Motley Fool Answers is brought to you by Harry's. |
| 0:04.4 | If you want a great shave for a fraction of what you're paying now, go to Harries.com. |
| 0:09.8 | Get $5 off your first purchase by entering the code Fool when you check out. |
| 0:18.7 | This is Motley Fool Answers. |
| 0:20.2 | I'm Alison Southwick and I am joined as always by Robert Brokamp, |
| 0:23.2 | personal finance expert here at the Motley Fool. |
| 0:26.3 | And he's also the advisor on Molly Fool's Rule Your Retirement Newsletter. |
| 0:30.5 | I never get tired of saying this. |
| 0:32.5 | Hi, Allison. |
| 0:33.6 | Hi, bro. |
| 0:34.7 | On today's episode of Motley Fool Answers, it's our anti-summer reading list. |
| 0:38.3 | Morgan Housel joins us to talk about what he doesn't read. I'll also travel around the office to find out what everyone is doing other than curling up with a good book. We'll also answer your question about where to find predictable income in retirement. All that and more on this week's episode of Molly Cool |
| 0:54.2 | Answers. It's time for Answers! And today's question comes from Sally. Sally writes, |
| 1:00.8 | I've done some retirement planning and the one thing that seems most troubling is the instability of income. |
| 1:06.0 | My advisor suggested that I could use an annuity to smooth out the bumps. I'd always heard that annuities were akin to four-letter words. |
| 1:14.2 | Though, if Robert says he's considering them, I'm feeling they can't be too bad. |
| 1:18.0 | So is there another product or planning tool out there to smooth out the volatility that |
| 1:21.9 | comes with being in the market? |
| 1:23.6 | Well, Sally, it's a really interesting question. |
| 1:26.6 | It is very difficult for people who were working, getting that steady paycheck, to then |
| 1:32.5 | go into retirement where basically a good part of your income is reliant on your portfolio, |
| 1:37.8 | which changes value each and every day. |
... |
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