Winning Now and Winning Later (with David Cote)

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

🗓️ 13 January 2021

⏱️ 91 minutes

🔗️ Recording | iTunes | RSS

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Summary

How do you balance getting what you want now without mortgaging your future? Or on the other hand, how do you avoid have ZERO fun today while you prep for a rosy tomorrow? We often recommend that you look at your situation as if you're a business, and today we'll talk to a man who led one business to amazing results, the former CEO of Honeywell, David Cote. Plus, the cryptocurrency market value has topped $1 trillion, with Bitcoin now worth over $38,000 a coin. Feeling the itch to jump into the Wild West of investing? We won't stand in your way, but we do have a few stories about us selling a coin or two... WAY before we should have. In our second piece, is paying to improve your credit a smart play? We'll discuss everything from good habits to shady house financing, automation, and The Big Short. Should you be paying taxes on your unemployment? Mike called the Haven Life Line after he noticed there were no taxes automatically deducted from his two months of unemployment. Should Mike worry about the IRS coming after him later? We'll answer that question, share Doug's trivia, and we'll be skeptical about exactly how many people actually listen to the podcast. Is it really two or maybe only just mom? Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	I'm Rocky Lalvani, the profit answer man, and when I'm not helping small businesses stack
0:06.0	Benjamin's for themselves, I'm stacking Benjamin's for myself.
0:10.1	Live. Live from Joe's mom's basement Doug and welcome to National Skeptics Day.
0:34.0	I'm not really sure it's National Skeptics Dad. It sounds like a scam if you ask me.
0:40.5	But one thing I am not skeptical about is balance. Which do you choose if you're trying
0:47.2	to get ready for a great future, but also want to win today? Here with strong ideas on that topic we welcome the former
0:56.0	chairman and CEO of Honeywell David Cody. Speaking of skeptical, Bitcoin, and all cryptos are through the roof.
1:06.0	Should you be skeptical or should you jump in?
1:10.0	Of course, we'll have a take.
1:12.0	And to wrap this show up and put a bow on top,
1:16.0	we'll toss out the Haven Lifeline to Michael,
1:18.0	who was on unemployment earlier this year.
1:21.0	Will Michael need to pay taxes on that money? And of course I'll
1:25.2	make sure to share some techie trivia with y'all. And now two guys who I'm still
1:31.5	pretty skeptical about.
1:33.2	It's Joe and O J-J-J-J-J-J-G.
1:38.8	And it's Wednesday and I'm still skeptical about this week too. Hey everybody, I'm
1:47.6	Joe Saul C. High average show Money on Twitter and happy hump day to you.
1:52.4	Got the coffee ready mom is and happy hump day to you.
1:53.0	Got the coffee ready.
1:54.5	Mom is baking, which is a good thing and a bad thing.
1:57.5	The good thing is we get those great smells.
	...

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