All About Your Benjamins™

Episode 38: Establishing a solid financial foundation starts in the home; most people develop their money habits, good or bad, from their parents. While it's not the case for everyone, most carry on the same behaviors witnessed when while growing up which means it is important for parents to show good money habits, but also teach them to their children. My guest, Frazer Rice spent 15 years working...

The future of financial services is very bright; there's a lot to be excited about: The technology. Access to information. The people. And more. I'm not the only one optimistic about the future--while at the Inside ETFs conference this week I managed to grab nineteen of my friends and asked them all the same question, "When you think about the future of our profession, what excites you the most?"...

I'll keep this introduction short; Khe Hy has been someone I've been following for almost two years now--I first heard him on Patrick O'Shaughnessy's podcast Invest Like The Best and was captivated by his story. I've enjoyed his writing and podcast, Rad Awakenings, and it was a tremendous honor to have him the show. We cover a lot of ground in this episode, so be ready to learn about Khe's time on...

We've covered various behavior biases impacting investors' portfolios, and in this episode, we will explore a new one...one you've probably never thought about--sector bias. Lawrence Hamtil, a principal with Fortune Financial Advisors, is one of FinTwit's top investment researchers and writers, and he has written extensively on this topic. I love having guests who challenge my views on investing a...

There is no shortage of stories of professional athletes going bankrupt or being taken advantage of by financial advisors, and my guest Amobi Okugo is determined to change those narratives. Amobi is a professional soccer player in the MLS (fun fact: he went pro after his freshman year at UCLA) and the founder of A Frugal Athlete, which is his platform for educating and encouraging athletes to resp...

In the last episode, we discussed the importance of diversification and now we build upon it and discuss how to optimize a diversified portfolio. Just like the last episode, we cover a number of strategies and mention some companies–these should not be mistaken for recommendations. This episode is meant to be a conversation, educational, and an exploration into investing in different asset classes...

There is overwhelming evidence suggesting diversification provides a tremendous "free" benefit for investors. Yet despite the evidence, many investors fail to properly diversify. Whether it be overweighting to their home country, chasing returns, or not even having an investment strategy, too many investors underperform due to succumbing to behavioral biases or ignorance. In this first of a two-ep...

Private equity is an asset class many investors know very little about. It's limited to the wealthy-- you have to be an accredited investor ($1 million in net worth, excluding primary residence or $200k single/$300k married annual income) to have access to the best managers and it tends to be illiquid, which also makes it not the best investment option for most investors. In addition, private equi...

At some point this summer I noticed a new and very active member in the FinTwit community; he was reaching out to all of the people we know and respect to meet for coffee, lunch, dinner, or just some of their time to ask questions and learn. It was obvious he was having success by the thank you tweets he was sending out, and when you see FinTwit royalty taking time to meet with the same person, yo...

The personal finance and investing experience is constantly changing and changing for the better thanks to technology; Fintech is providing education, access, and leveling the playing field and there are few people, if any, who are entrenched in the space than Ian Rose. Ian is the CEO of StockTwits, a platform for investors to trade ideas and learn from each other. In addition to being a great too...

It all started with a tweet. I've been an avid reader of James Clear for the last couple of years, and when I saw he was releasing a book, Atomic Habits, I immediately pre-ordered it. Not too long after placing my order, I saw James mention he would be making the rounds in the podcast circuit so I decided to tweet my support of his book and take a chance by inviting him on All About Your Benjamins...

Behavioral finance, the field of understanding why we make the decisions we do with money, is not a new topic for this podcast; I am fascinated by the subject and it is a tremendous honor to have Dr. Daniel Crosby on this episode. Dr. Crosby has just released a book called The Behavioral Investor, which is a must-read for anyone interested in learning more about the mind and money--he even discuss...

Fintech has already made its impact on investment management, and with innovators like Andres Garcia-Amaya, it's moving its sights toward financial planning and advice. While most Fintech companies are focusing on driving the cost of investing down, more companies are coming along looking to help individuals find a financial advisor that best fits their needs. Zoe Financial, Andres' startup compan...

Last month I spent three days in St. Louis at the XY Planning Network's annual conference, XYPN Live, learning and discussing how advisors can collectively continue to move the financial planning industry forward. Most in attendance were financial advisors and most of those financial advisors were CFP® Professionals and XYPN members; however, there were non-XYPN members thinking of breaking away t...

What if you were able to create a financial plan that led you to the life you wanted--I'm not talking about retirement at 65, putting your kids through college, and the typical goals covered by most financial plans, but the life YOU really want to be living? Most financial advisors aren't equipped with the skills to help their clients reach this level of planning; early in our careers, we are trai...

Many Millennials are entering a stage in their lives where proper financial planning will make a huge impact on their futures. The trouble is, for so long financial advisors didn't want to work with young professionals, which led to a group of individuals believing they don't need or aren't ready for financial planning. Fortunately, there is a growing force of financial advisors dedicating their p...

Unless you're a CPA, you probably don't like to think about taxes, but after listening to this episode with Bill Sweet, you just might. Bill is the CFO and resident tax expert at Ritholtz Wealth Management, one of the fastest growing RIA's in the country, and he is the perfect guest to make taxes interesting. I asked Bill to join me to discuss the importance of considering the tax implications of...

Gaming and esports are quietly becoming a multi-billion dollar industry, and it's not just the game and device makers profiting. Gamers and e-athletes are receiving college scholarships, endorsements, and surprising incomes for playing their favorite video games. Blake Street, a founding partner and Chief Investment Officer for Warren Street Wealth Advisors, is not only a financial advisor but a g...

In America, we tend to take the economic and personal freedoms we have for granted; not all countries allow for basic human rights like property ownership, equal rights for women, banking rights, and more. In this episode, I am joined by Perth Tolle, the founder of Life and Liberty Indexes to discuss the index she has created which allows investors to invest in emerging market countries with human...

Wouldn't it be great if your investment dollars were able to impact the way the world's largest companies conduct business? Thanks to Socially Responsible Investing (SRI), investors have the ability to invest in companies meeting a variety of different screens in an attempt to do just that. One of the most popular themes of SRI is ESG investing, which places an emphasis on rewarding companies with...

The eighteenth episode of All About Your Benjamins The Podcast is a special project I came up with shortly before heading to California for the Evidence-Based Investing Conference (EBI); this special project consisted of asking some of my friends from FinTwit (Finance Twitter), along with some of the individuals I look up to the most, one question and one question only. "What's the one thing about...

On the seventeenth episode of All About Your Benjamins The Podcast I'm joined by Brian Portnoy, Director of Investment Education for Virtus Investment Partners. In addition to his role with Virtus, Brian is also an esteemed author, and I asked him to join me to discuss his newest book, The Geometry Of Wealth. As you will hear me mention in the podcast, I think The Geometry Of Wealth should be requ...

Disclaimer: Before you listen, please remember this conversation is for informational and educational purposes only. The cryptoassets discussed with Tyrone are not recommendations; it is imperative you consult a financial advisor to determine how and if cryptoassets fit into your overall financial plan. On the sixteenth episode of All About Your Benjamins The Podcast, I'm joined by Tyrone Ross Jr....

On the fifteenth episode of All About Your Benjamins The Podcast you're stuck with just me! Before you decide to skip this episode, I'm answering some great questions from listeners, and I'm hoping to be able to do this periodically as more questions come in...send them to me at contact @ allaboutyour benjamins dot com or on Twitter, @Jus10Castelli. In the first listener Q & A episode, I'm answeri...

On the fourteenth episode of All About Your Benjamins The Podcast I'm joined by my friend Brendan Mullooly, CFP® of Mullooly Asset Management. In one of my first podcast episodes, I mentioned one of my goals was to have other financial advisors that were early in their careers on before they become big names in the profession--Brendan, along with his brother Tim (a former podcast guest), fit the b...