What Can We Learn From Day Traders? (Your Letters)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.4 • 2K Ratings

🗓️ 25 June 2019

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We're barring the doors, closing the shades, and not answering any house calls because today we're answering YOUR letters. From paying down a mortgage principle or investing, to allocations, backdoor conversions, and even the best strategies on giving kids an allowance... this show has it all, thanks to YOU! Plus, in our headlines segment, what can we learn from the life of a day trader? Longtime listeners can probably imagine the whole team's collective groan when we first broached this topic, but the more we discussed this headline, the more we found LOTS of great ideas that everyday investors can use. We love some of the lessons we can distill when learning what separates a good day trader from a bad one. In our second headline, we'll wonder out loud where is the future of financial advice is headed. We'll look over one report from Hartford Funds on important financial considerations you need to keep in mind and give our two cents while we're at it. Later, after we take a break during Doug's trivia, we'll queue up a voicemail from Pete, who no longer works at a job with 401k access. What are his options for investing with tax benefits? Can he still max our his Roth IRA through a backdoor conversion? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	DelSugger Monday events, their biggest sale of the year, shop limited time deals on laptops like the stylish innovative XBS 13 engineered to do it all on the Intel Evo platform.
0:11.0	Plus, say big on ultra- sharp monitors and top brand accessories shop now at
0:15.6	Dell.com slash deals to take advantage of huge savings and free shipping again
0:21.1	that's Dell.com slash deals.
0:24.3	Hey Stackers good news because I was in Seattle last week, I didn't have enough time to tell you about
0:37.2	our fantastic giveaway that OG and I have going on right now. get this. You can bring a friend with you here in just a few weeks.
0:47.3	July 15th is when you'll fly to Detroit. We'll bring you from any place in the lower 48 states. Stay at a hotel here a couple
0:56.2	nights. You get to hang out with O. G. And dare I say it, even Doug, how amazing will that be. But the big reason we're bringing you to town is so
1:06.9	you can see the new playing with fire documentary and if you're familiar at all
1:11.8	with financial documentaries this is a big boy.
1:16.0	So here's how you sign up. Head to stackobedgemins.com, forward slash fire movie. That will give you all the details you fly in Monday
1:26.1	Tuesday you'll have lunch with as many of the Detroit area financial influencers as we can
1:31.8	round up including the Staki Benjamin's team and
1:34.8	Scott Rickins, the co-creator and star of the Playing With Fire documentary, and then you'll
1:41.7	attend the screening. We'll also have
1:45.2	discussion afterwards, maybe have a little post-party fun, and then on Wednesday
1:51.8	you fly you home. Any anywhere in the lower 48 states that's the deal
1:55.2	guys apologies to everybody outside the lower 48 but that's the best we're going to be able to do
1:59.5	you have until Thursday at noon tomorrow at noon
2:03.0	Stacke Bethemans.com forward slash fire movie.
2:06.4	All right, on with the show.
2:09.3	You know, I don't understand this podcasting thing. How come you boys can't have those
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.