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Motley Fool Answers

Where to Live If You Want to Be Healthy, Wealthy, and Foolish

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 28 June 2016

⏱️ 30 minutes

🧾️ Download transcript

Summary

We'll not-literally travel these great United States to discover the best place to live—from a Foolish perspective. We'll also answer your question about how to evaluate your investing prowess and ask the world what it really thinks of Americans. It's mostly good!

Transcript

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0:00.0

This is Motley Fool Answers. I'm Alison Southwick and I'm joined as always by Robert Brokamp,

0:08.0

personal finance expert here at the Motley Fool. How you doing bro?

0:12.0

Just groovy Allison, how are you?

0:13.0

I'm doing good. I'm excited. I really love America.

0:18.0

So do I.

0:19.0

Like I get, like I actually tear up every time I go to a baseball game and they

0:22.6

play the national anthem like I just get choked up. And so this is a great episode for me. Because

0:28.5

America. America is a diverse country and I'm not just talking about the people, but also the

0:37.4

topography, the

0:38.4

climates, the little microeconomies. This country has something for everyone. Mountains,

0:43.7

beaches, plains, deserts, you name it. Cities, suburbs, weird little artist communes where people

0:48.7

do macromay in the nude. We got that. I assume. I don't know for sure. I was going to say,

0:53.6

where is this place?

0:55.6

But what spot in America is truly the best for living a wealthy, healthy, foolish life?

1:02.4

And we're going to tackle that question.

1:04.0

We'll also answer your question about how to judge your investment returns.

1:07.6

All that and more on this week's episode of Motley Fool Answers.

1:16.6

It's time for answers answers, and today's question comes from Jordan. Jordan writes, Brokett mentioned a couple months ago that most individual investors actually lose money in the stock market,

1:20.6

because when markets drop, many people sell everything at a loss and call it quits. My question is simple.

1:26.6

How should I judge my investment

1:28.2

returns? Jordan continues, when I started investing, my goal was to make a profit and

1:33.2

then I shifted to a more loftier goal of beating the SP500. I figured if I couldn't beat

...

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