Personal Finance for Long-Term Investors

While the idea of living in a meritocracy is desirable, as it rewards those who do better, is it prevalent in today's society?    With 25% of American households making less than $30,000 a year, do billionaires really offer 200,000 times the merit than them? At what age do we start to blame the poor kid, a victim of bad luck his entire life, for his poor circumstances? Is anyone really self-made?...

2022 was a unique year for investors. Let's compare last year's bond and stock performances with historical trends to paint a bigger picture. Looking ahead to 2023 and beyond, there are reasons to be optimistic.    Next, underneath all the snow, there's a cold lesson that came from the unexpected events of the Buffalo blizzard. Hear Jesse's firsthand account and the important lesson learned.    An...

Big thanks to Justin Peters, from The Struggle is Real podcast, for allowing me to share this episode. A few months ago, Justin and I sat down to discuss helping young adults with their personal finances. We had a great conversation, which I want to share with you in its entirety!    If you're curious to learn more, check out Justin's Show Notes below:   If you're paying attention to your portfoli...

FTX has been dominating the news. But what's a simple explanation of what happened? Jesse explains the sudden rise and fall of the FTX and its founder, Sam Bankman-Fried.   Jesse shares a tough honeymoon delay as a reminder: it's important to build in margin for unexpected events, because some things are out of our control.   Social media is addictive by design. It wastes time, manipulates peoples...

On this episode of the podcast, we discuss the hidden dangers of "analysis paralysis" in personal finance. And we discuss the "omission vs. commission" problem in investing. Does "doing nothing" absolve you of financial responsibility? 

On this episode, we talk about rogue waves, rogue markets, and paying off debt.  We also answer 4 cool listener questions, covering: - credit cards - how to invest $100K - if current economic conditions are affecting my investing thoughts - and my first foray into investing

This episode features thoughts on Kanye West, and detailed answers to two terrific reader/listener questions.    A few links:  Original Kanye article: https://bestinterest.blog/kanye-broker-than-me/ ChroniFi podcast: https://podcasts.apple.com/us/podcast/acting-in-your-own-best-interest-interview-with-jesse/id1597816029?i=1000579101148 BiggerPockets podcast:  https://podcasts.apple.com/tr/podcast/...

In this episode, we talk about: - the college loan forgiveness program - "gardening" vs. "dining out," and how it applies to financial planning - a blog reader asking if they made a BIG investing mistake? 

The podcast is back! This episode covers... - a quick (hopeful) plan for the future of the pod - discussing "The Perfect Investor," and why they're a mythical character - and a favor: send me your questions! 

Long time, no chat! This episode is a mixture of: - some catch-up conversation - a few big money topics to discuss - my career change - answering YOUR questions - and a sprinkling of other random stuff Mentioned in the episode:  TicToc Life: https://www.tictoclife.com/ "No More Side Quests": https://thereformedbroker.com/2021/11/15/no-more-side-quests/ "Does Not Compute": https://www.collaborative...

Today's episode features "Landshark," who is retiring in his 40s in 2022. We discuss his investing path to multi-millionaire status, his thoughts on retiring with two young kids, and much more.  Landshark SNL skit: https://www.youtube.com/watch?v=p_NS2H55dxI   Random Walk Down Wall Street: https://amzn.to/3nUCxmE Coffeehouse Investor: https://amzn.to/3lQFLF8 Simple Path to Wealth: https://amzn.to/...

Today's guest is Purple, of the famous A Purple Life blog. We discuss retiring at 30, fun lessons from Year 1 of retirement, and share plenty of jokes about birds, passwords, and good books.  If you want to reach Purple, check out https://apurplelife.com/

This episode features The FI Couple - a young husband and wife from upstate New York who are utilizing real estate to reach financial independance.  Find the FI Couple: On Instagram: https://www.instagram.com/theficouple/?hl=en On Twitter: https://twitter.com/theficouple?lang=en On their website: https://www.theficouple.com/   Start your Personal Capital account today -  personalcapital.sjv.io/9WA...

Michelle Jackson is an entrepreneur involved in various forms of financial media and non-financial media. Plus, she's super funny and entertaining.  Get ahold of Michelle at: https://michelleismoneyhungry.com/connect-with-michelle/ Listen to Michelle discuss personal finance with a sex worker: https://podcasts.apple.com/us/podcast/making-money-online-as-a-sex-worker-a/id1142053967?i=1000530725647...

Today's guest is Money Jrod, a man whose simple-but-effective financial tactics allowed him to defeat debt and start his path to financial freedom.  Jrod on Twitter: https://twitter.com/MoneyJrod Jrod's free ebook: https://jrodbudgeting.gumroad.com/l/oaKXv   Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE Rules - are they meant to be broken? This episode looks at financial rules. Should we follow them at all costs? Is it ok to break them? Who makes these rules, anyway? This episode is based on an article written on The Best Interest blog: https://bestinterest.blog/rules/

Kolin a.k.a. Decade Investor shares the ideas that have garnered him tens of thousands of followers and students at the young age of 23!  Twitter: https://twitter.com/DecadeInvestor Insta: https://www.instagram.com/decadeinvestor/?hl=en YouTube: https://www.youtube.com/channel/UC3dKixSDvctXjUhPcCj9vug Website: https://decadeinvestor.com/   Start your Personal Capital account today - personalcapita...

Episode 30 features "Dividend Hero," a 23-year old investor with a 20K+ social media following. 'Hero' guides us through some of his favorite stock picks, as well as general thoughts about being a young investor.  Dividend Hero's Twitter: https://twitter.com/HeroDividend Article on Bayesian analysis: https://bestinterest.blog/results-oriented-thinking/#Bayesian_Analysis Start your Personal Capital...

This week on our Twitter Spaces, the listeners write and call in to ask us anything, and we reply live on air.  Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC

Sean, a.k.a. the FI Squirrel, might be the BEST guest yet on The Best Interest Podcast. I loved this conversation so much, as we traverse his financial knowledge and experience.  Whether you're just getting started or an experienced investor - you'll love his genuine thoughts, his helpful wisdom, and his willingness to help others.  Start your Personal Capital account today - personalcapital.sjv.i...

This week on our Twitter Spaces, we spoke about real estate investing. Show notes: Shadow's book: https://shadowskaggs.gumroad.com/l/rentingrural Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC

Adam Shoup freely shares his debt story, and that openness has earned him thousands of fans. On this episode, Adam tells us how he fell into debt...but also how he crawled back out (with help from his wonderful wife - it's a team effort!). Tons of great lessons to learn from Adam's experience.  Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE Adam's Twitter: https://twitte...

This week on our Twitter Spaces, we spoke about the cost of college. What do the financial numbers say about college's long-term benefits?  Show notes: Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC

This episode features "The Art of Purpose," an online content creator who recently reach financial independance.  We discuss: Online content creation Financial independance The public school system The psychology of money And even classical music :)  Links: Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE AOP's Twitter: https://twitter.com/creation247 The Create 24/7 Cours...

This week on our Twitter Spaces, we had a car talk - all about the finances of cars.  Show notes: Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC Dave Ramsey article: https://bestinterest.blog/rules/ Car cost article: https://bestinterest.blog/cost-of-car-ownership/