The Money Trail of the 2024 Olympic Games

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 22 July 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We assume that the Olympic Games bring a sweet economic benefit to the host country. The truth is that the lucrative financial picture is questionable at best. Nicole follows the money trail of the Olympics and unpacks some of the biggest expenses and why some countries go bankrupt over the games. Plus, she shares a financial solution that may change the Olympics forever. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA & SIPC. Brokerage services for treasury accounts offering 6-month T-Bills are offered by Jiko Securities, Inc., member FINRA & SIPC. Banking services are offered by Jiko Bank, a division of Mid-Central National Bank. Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value. Brokerage services for Regulation A securities are offered through Dalmore Group, LLC, member FINRA & SIPC. Risks at public.com/disclosures/alts-risk-and-conflict-of-interest-disclosure See public.com/#disclosures-main for more information.

Transcript

Click on a timestamp to play from that location

0:00.0	While you're binging the pod, how about a little bonus tip?
0:02.5	As a starting place for your investment allocation that you can of course tailor depending on your goals,
0:06.7	pros recommend making your bond allocation your age.
0:09.6	How about a second bonus tip. When you want to invest in bonds, use public. The modern
0:13.5	brokerage for investors looking for a simple yet sophisticated investing
0:16.7	experience. Public is truly the only place I buy bonds. Legit because every
0:21.3	other app or site I've tried to use is so complicated
0:24.4	but on public I can buy a bond on my iPhone in less than five minutes.
0:27.8	This is a major upgrade because most investing platforms that offer bonds
0:31.7	design their user experience before the iPhone was even invented.
0:34.8	I'll let that one sink in.
0:36.0	And you can use public for more than your bond investments. Public is the brokerage I use for all my investing
0:40.6	needs, whether I'm looking for stocks, EDFs, a high-old cash account, options, and other
0:45.2	assets, even music royalties. To build the multi-asset portfolio of your dreams, go to
0:50.8	public.com slash money rehab. One more time because trust you will thank me
0:54.4	public.com slash money rehab. This is a paid endorsement for public investing
0:58.7	full disclosures and conditions can be found in the podcast description. Between
1:02.4	summer vacations and going to the beach and having the hot girl or guy summer of your dreams,
1:08.0	this season can be a little hard on our wallets.
1:10.0	A chime checking account helps you reach your financial goals while still enjoying the summer.
1:14.0	You can take back your finances with features like fee-free overdraft up to $200 with
1:18.5	Spot Me or getting paid up to two days early with direct deposit.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money News Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money News Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.