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The Stacking Benjamins Show

Working Harder AND Smarter (with Shaan Patel)

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 8 July 2019

⏱️ 87 minutes

🧾️ Download transcript

Summary

Shaan Patel is one of the best examples you'll find of a person who started with some big disadvantages but who never made excuses about his situation. Growing up in a budget motel in Las Vegas, Shaan still found a way to ace the SAT, be valedictorian of his high school class, study medicine, start a company, and land a partnership with Mark Cuban. All of this before he was 30 years old. We can't wait for you to hear his story and use it to motivate yourself to get up, do more, and achieve your dreams. In our headlines segment, we're looking at one bill that will change the way your 401k works. Is it a positive or negative change to your retirement plan? We'll discuss ONE of the many aspects of the bill and come down...well, it depends on what you're looking for from your retirement law. Plus, in our second headline, we'll discuss one piece sent by a listener, which covers the story of one man who's being charged with multiple crimes regarding investing, securities, and exploitation of the elderly. The catch? He doesn't even have a license! After we take some time for Doug's trivia, we'll swing around to the Haven Life Line. Biff and his family don't have any debt, and the college costs for his kids are taken care of. At what point should they stop locking away cash in an IRA? We'll finish up with a letter from Matthew, who has some questions about a fund manager he heard about on the show. They're expenses are a bit higher than he's used to, but they've outperformed the market. Does a well managed fund justify the extra cost? Thanks to Away for supporting Stacking Benjamins. Go to awaytravel.com/sb20 and use the promo code sb20 to get $20 off a suitcase! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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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 dot com slash deals

0:27.6

here's the song that we'd like to do for all the younger set of people the

0:30.6

teenagers and what have you this This one's called Vacations.

0:34.0

O'Vations.

0:37.0

Vacations all that is over.

0:42.0

It's over, it's over. over. It's over.

0:44.0

Live from Joe's mom's basement.

0:49.0

It's the Stacking Benjamin show.

0:53.6

I'm Joe's Mom's Daying.

0:56.6

I'm just

1:03.3

Joswams neighbor Doug and you may call it summer but around these parts

1:06.7

we refer to these months as here's where we accidentally break the

1:11.0

budget to help you avoid wallet-induced trauma on today's show,

1:15.0

we'll share some inspiration.

1:18.0

Say hello to a guy who went from a CD motel upbringing in Las Vegas

1:22.0

to partnering with a guy named Mark Cuban, it's Sean Patel.

1:27.0

Plus, as today's starter course, will Arm Russell over new proposed legislation in Washington,

1:33.7

is it any good, and as a side dish

1:36.7

we'll throw out the Haven Lifeline to a lucky listener

...

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