Simple Money, Simple Life

In today’s episode I dig into two listener questions submitted by Boyd and Leo. I then discuss some important things to think about when getting an inheritance.

Diversification can save your bacon. In this episode I explain why that is as well as answer a listener question on whether or not to include international funds in your portfolio.

Do you hate paying more for things than you should? If yes, than this episode is for you! I discuss why index investing is supreme to active management.

Have you heard of the Pareto Principle? In this episode we take a deep dive into how this principle applies to your life!

Have you ever been sold whole life insurance or an annuity? In this episode I give my opinions on these products as well as discuss investing and insurance.

Perfection should not be the goal. Keeping investing simple provides outstanding results as illustrated in this episode.

We just returned from Costa Rica. I watched ants and sloths and discovered some interesting things. I discuss them in this episode.

Are you up to your eyeballs in debt? Are you debt-free? Are you somewhere in between? In this episode I give a clear explanation as to why debt is very lame and how living financially free is the way to go.

In this episode I dive into the beautiful connection between and money.

In today’s episode I cover 8 areas to consider in our quest of ruthless elimination.

In this episode I give a book recommendation (We’re Talking Millions by Paul Merriman) and also share some findings from the book The Millionaire Next Door by Dr. Thomas Stanley and William Danko. I share the traits of these “silent millionaires” and discuss how we can achieve these same results.

In this episode I answer a listener question on actively managed mutual funds in his 401k. I provide a book recommendation (the Bogelheads Guide to Investing). I also share information from the SPIVA report comparing actively managed mutual funds to index investing. I then talk about financial independence and why saving for freedom is amazing. Lastly I share JD Roth’s 6 stages of financial freedo...

In this episode I discuss some simple strategies to become wealthy on a low income.

In this episode I answer listener questions from Joe and Dan about penny stock “investing” and dollar cost averaging versus lump sum investing. I then discuss the things you really need to know about an emergency fund. https://investor.vanguard.com/emergency-fund/. https://www.prudential.com/financial-education/6-emergency-fund-benefits

In this episode I share my reasoning behind my choice to invest my portfolio 100% in stocks. I also answer a listener question on how to transfer funds from one brokerage to another.

In this episode I share a personal experience we had with middle son that taught us many life lessons including the importance of enjoying life in the moment. I also discuss the importance of finding a balance between preparing for the future and living in the moment.

In this episode I dive into some of Dr Thomas Stanley’s work about happiness and money. I talk about the links that bind wealth and happiness. I also review a insightful article by Joshua Becker about judging based on physical appearance. “Stop Acting Rich” by Thomas Stanley; “Don’t Judge by External Appearance” by Joshua Becker

In this episode I discuss different examples of how too many choices actually reduces happiness while fewer choices can increase happiness.

In this episode we explore why I prefer index investing over day trading and buying individual stocks. I also explain the craziness in the market regarding GameStop and what it means to sell a stock short. I also explain why I don’t like Robinhood.

In this episode we take a deeper dive into simple and effective ways to save money and create margin in our lives.

In this episode we dive into the pros and cons of having credit cards. We also explore how a credit score is calculated.

In this episode we take a deeper dive into learning about tilting a portfolio and the Target Date Fund. https://investor.vanguard.com/investing/how-to-invest/impact-of-costs https://repository.upenn.edu/prc_papers/573/ www.fidelity.com www.paulmerriman.com

In this episode we dive into ways to avoid lifestyle creep. @personalfinanceclub www.money guy.com

Today’s episode is a fun one. We explore Dave Ramsey’s philosophy versus mine. We agree on most things but not on all. Check out this podcast to find out our similarities and our differences!

In this episode we explore some cool tips around keeping stress low during the holidays and making sure we don’t break the bank.