The Piggy Bank Chronicles

Episode 54 - Think for yourself JJ dives into 3 key points to consider for your investing journey for decades to come. The episode includes: 1. A brief review of the editorial page (courtesy of Chat GPT) and how it has taken over everything 2. A quick example (again courtesy of an energetic conversation with Chat GPT) on why context matters 3. A conclusion that context matters for investing and po...

Episode 53 - Today and Anything Start saving today. Start saving anything. Then let the power of compounding do its work on your behalf. JJ finally gets around to talking about the power of compounding and why it is one of the most important parts of your investment journey.

Episode 52 - Yes you can With 3 quotes on perseverance and 1 quote on wealth JJ attempts to motivate you to believe in yourself and the power inside you to achieve whatever is most important to you.

Episode 51 - The fish that ate the fish Past performance is not a good indicator if future results. Given this is an S&P 500 Index ETF or Mutual Fund still a good investment? JJ gives 3 reasons to consider why the S&P 500 still ranks among the top places for US investors to put a least a portion of their savings.

Episode 50 - Finding your Passion In this Episode JJ dives into the Next in our VISION acronym to discuss finding your passion. Article Discussed: 9 Ways To Find Your Passion At Any Age, According To Experts October 30, 2022 By Sarah Regan mbg Spirituality & Relationships Editor https://www.mindbodygreen.com/articles/how-to-find-your-passion Podcast Discussed: Founders  Produced and Hosted by:...

Episode 49 - Compounded Saving early and saving often is the way to go. Wealth is not what you make, it's what you keep. In this episode JJ dives into the why of saving early and saving often as part of the VISION framework and why early is important.

Episode 48 - Courage and Humility Which is more important to the success of your career and your life, courage or humility? How about both?

Episode 47 - ETF & You What makes a good investment? Well when it comes to ETF's (and Mutual Funds and even Closed End Funds) there are some basic guidelines that tell us if the ETF or other fund is a good choice. But The secret sauce is deciding if they are good choice for you. We will review a check list for ETF's to decide if they represent something we should be interested in.

Episode 46 - Our Bold Predictions JJ is joined by his original partner in crime Don to recap the success of their 2023 predictions and look ahead to 2024.

Episode 45 - Simple and effective Portfolio allocation can be daunting. You can hire a Certified Financial Planner to manage your money, but that cost a good bit of money. You can get a Robo-advisor to manage your money, which cost less, but still costs money. Well as always there is another way. In this episode JJ introduces LifeStrategy and Core Allocation funds from big name companies that do t...

Episode 44 - Our Favorite Movies The PBC takes money seriously, but we also think that life is about more than just money. In keeping with the VISION concept we dive into what's Next and look at one fun way we live our best lives. Sit back and enjoy this extra long episode where JJ and the gang share with you their favorite movies.

Episode 43 - A Book Review JJ reviews the book “Quit Like A Millionaire” by Kristy Shen and Bryce Leung.

Episode 42 - 2023 Year End Review A recap of the highs and lows of Season 1 of the Piggy Bank Chronicles followed by a quick run down of some goals for 2024.

Episode 41 - Investment Showdown #2 In this Episode JJ takes a look at two ETFs that provide income and some measure of growth. The 2 ETFs compared are XLU and VNQ.

Episode 40 - Robert was right, about this In Episode 40 JJ gives a quick run down on one of the most powerful financial laws you can ever learn, what is the difference between an asset and a liability. JJ provides the definition from Robert Kiyosaki’s ground breaking book Rich Dad Poor Dad, first published in 1997, for the difference between an asset and a liability. He then leads you on a quick r...

Episode 39 - A New Definition of Money In this episode JJ attempts to give listeners a new definition of money. If we measure the value of money based on what we sacrifice to get it, then maybe it will help influence our decisions on how to spend it. Ultimately it is our decision. We just need to understand what that decision represents.

Episode 38 - Portfolio Allocation Considerations We are all capable of managing our own investments. It can be as easy or as hard as you want it to be. In this episode JJ outlines his personal considerations on what factors you should consider when choosing investments inside of your personal portfolio.

Episode 37 - Robo-Advisors JJ covers the highlights of the Morningstar 2023 Robo-Advisor Landscape review with an eye towards the idea that not all Robo-Advisors (and by proxy not all Financial Advisors in general) are created equal. Morningstar takes a crack at their interpretation of the good, the bad and the mediocre. Link to Morningstar Report Page - https://www.morningstar.com/lp/robo-advisor...

Episode 36 - Random Ramblings Post September In this episode JJ provides a preview of the next 2 episodes, looks back at the month to not remember that was September 2023, talks about not investing in something that you don't understand and talks about having a documented thesis for why you bought each investment in your portfolio.

Episode 35 - Investment Showdown #1 In Episode 35 we have our very first installment of the Investment Showdown. JJ compares two of Vanguard's giants in the ETF category in VOO and VTI. He covers their underlying indexes and what makes them a good investment.

Episode 34 - Your crazy neighbor. JJ provides a simple metaphor to help you better understand the stock market and all of it's ups and downs. V I S I O N

Episode 33 - Next JJ goes solo in step 6 of 6 of the VISION series talking about what comes Next. If we stay on the journey to financial freedom we will reach our goal. It's almost impossible not to. The real question then is, what comes next? In this episode we talk about the end of the road being just the beginning of the journey. The Piggy Bank Chronicles' vision is to help people move...

Episode 32 - Others JJ goes solo in step 5 of 6 of the VISION series talking about helping others. If and how we choose to help others is a very personal decision. JJ puts out a plea to listeners to examine their beliefs about giving and hopefully not to miss out on this best part of the VISION journey. The Piggy Bank Chronicles' vision is to help people move toward a purpose driven life. V -...

Episode 31 - Invest JJ and Roxie keep moving in step 4 of 6 of the VISION series talking about how to invest. Investing is the key to growing wealth and in a not so theatrical way they attempt to show you what getting started might look like. The Piggy Bank Chronicles' vision is to help people move toward a purpose driven life. V - Vision (Determine how you want to live) I - Insure (Build a st...

Episode 30 - Save JJ and Roxie keep moving in step 3 of 6 of the VISION series talking about how to save. The piggy bank is the iconic image of saving and the mascot for this show so this topic is near and dear to our hearts! The Piggy Bank Chronicles' vision is to help people move toward a purpose driven life. V - Vision (Determine how you want to live) I - Insure (Build a starter emergency f...