Money Talk with Ed and Chuck

Deferring self gratification. Protect your money from creditors. IRA's are great for divorces. Don't pay Obamacare tax, payroll tax, or income tax. Don't invest your money, invest someone else's. Don't be a blockhead.

What happened to the term "stock brokers"? Financial planners, investment advisers, investment managers. Same? Different? Exploitative? You win they win. You lose they win. Quants of the World. Ed is watching out for car bombs. Whoring both sides of the street. No back scratching. Accountants, family members, attorneys, and plumbers. None of these people should manage your money. Look both ways wh...

Ed and Chuck elaborate on the investment process. 200 years of success. The 80-20 rule shows up again. Create leverage with debt. There are no pockets in shrouds. Fun mathematical principals with Chuck. The magic of compounding interest. If you want to lose money, leave it in your checking account. Inflation is real. Hidden fees in all insurance products. Tread water with gold investments. Can peo...

The worst income source. Aaron Rodgers makes a zillion and his life is being threatened. CEO's are custodians. How many cars can you drive? How many pairs of shoes can you wear? Fool's errands. Ed's old car. How much does happiness cost. Don't be a blockhead. IRA's and ESOP's Teaching dogs to solve quadratic equations. Long-term capital gains. Die with debt.

Should I form a corporation for a business I am starting? Corporations as liability shields. Jeff Bezos ran over my dog. Sue Amazon and Jeff. No corporate or business organization can insulate you from liability. Accounting magic tricks. Lobsters in a pot. Reach in and get burned. Congress doesn't want you to work.    

Becoming part of a tribe. Everyone wants a friend. Get a dog. Default to the truth. What are your concerns, what are your fears? Focus on the journey. Where are you going? What is your destination? Are you better today than yesterday?

The 80/20 Rule. Debt as a moral failing? Budgets? "I have no debt and I have no cash". Psychology of investing. Fear of failure. Losing, winning, not even in the game. Getting to know yourself.