The Wealth Mindset Show

What’s the eighth wonder of the world? Listen in to find out! This week, Josh & Austin discuss the importance of investing when you are young. They discuss having an emergency fund, paying off debt, and how to practically invest your money after you start getting a steady income. The Invested Dads are passionate about young people learning this lesson, especially because it can have a huge imp...

How do you check the performance of your investments? In this week's episode of The Invested Dads Podcast, Josh and Austin sit down and have a conversation about benchmarks. They discuss the different types and answer key questions in this area and how to choose one that is right for you. This is an episode you won't want to miss! For show notes, links, and a full transcript, visit thein...

Having an investment strategy is a critical component to your long-term investment plan. This week, The Invested Dads walk through the three important factors to an investment strategy, which are time, tolerance, and goals. They then talk about what is going into these accounts, how much work is involved, and even give some tips if you are uncomfortable managing this on your own. And do not worry,...

Today Josh & Austin are providing 6 tips for the self-employed! Owning your own business can be a challenge, so today is dedicated to helping you understand some of the basic ways to help your finances if you are self-employed. You’ll hear topics like tracking expenses, dealing with taxes, retirement accounts, healthcare plans, and much more! Tune in now to hear your 6 Tips for the Self-Employ...

What bear market?! Join Josh and Austin this week as they discuss the shortest bear market in U.S. history. They’ll walk through a timeline of the bear market and the recovery process. They also discuss how this bear market compares to others historically, where we go from here, and some key takeaways from this unprecedented series of events. Listen now! For show notes, links, and a full transcrip...

On this week’s episode, Josh & Austin discuss Emerging Markets! They talk about the history of the emerging markets, associated volatility, China, how to track Emerging Markets, and ETFs and mutual funds that relate to the topic. In the end, Josh puts on his CFP® hat and gives advice for anyone looking to diversify their portfolio. For links, show notes, and a full transcript, visit theinveste...

Are you a college student that has a bunch of questions about what adulting looks like? Then this episode is for you! Josh & Austin are joined by Maddy Miller, a college student herself, who came on the show with a list of finance and investing related questions to ask. The three of them walk through questions about credit cards, paying of debt and loans, car insurance, filing taxes, investing...

What is your favorite kind of chips? For Austin & Josh, it’s either Doritos, Lays, or the small pieces of semiconducting material that’s in all of our technology today! On this week’s episode, the guys will talk you through three broad categories of chips used in technology, some applications, The Dow Theory (& the Dad Theory), and how you could possibly invest in chips to diversify your p...

What does RMD stand for? Raisin Mutation Disease or Required Minimum Distribution? Find out on this week’s episode of The Invested Dads Podcast. Josh and Austin discuss all things RMD, including tax strategies, exceptions, beneficiaries, and when to take one. They also share a dad joke and Austin tells a story about his motorcycle trip. Listen now! For show notes, links, and a full transcript, vis...

Have you ever wondered what the differences are between financial account types? Well this episode is for you! Josh and Austin discuss the three main types of accounts: taxable accounts, after-tax accounts, and tax-deferred accounts. Plus, you get a look into what investing looks like with these accounts, putting money into these accounts, how to take money out of them, and of course, the dad joke...

What is the difference between ETFs and Mutual Funds? Sometimes these terms are thrown around interchangeably, but it is important to know the key differences between the two. On this week’s episode of The Invested Dads Podcast, Josh and Austin discuss Mutual Funds and ETFs, including closed-end and open-end funds, load fees, expense ratios, and the pros and cons of each. You will not want to miss...

The Invested Dads are back with a follow-up episode to last week’s Fantasy Stock Draft. In this episode, Josh and Austin discuss owning individual stocks and what that looks like from an investment standpoint. They discuss stocks at a high-level, different types of shares, risk, over-concentration, and diversification. They also look at cost and time as factors in investing in individual stocks co...

The Invested Dads take on their first-ever fantasy stock draft! Josh and Austin each draft 10 different stocks in 10 different sectors with $100,000 (hypothetical) dollars. For the next 6 months, they will compete, and the winner will receive not only bragging rights, but delicious donuts. Listen now to see which stocks each guy picked and some other insights into investing in stocks. For links, s...

Today's episode is about the debate on buying vs. renting a home! Josh & Austin will be exploring the different factors you should be considering to help you make the decision that's best for your life situation. You'll hear discussions about the statistics of renting vs. buying, the tax and insurance impacts, the costs of renting vs. buying, and some sound advice for what you s...

Today, Josh and Austin are talking about mobile payments! Contactless and digital payment methods have become increasingly popular in recent years because they offer many benefits for consumers and businesses alike. On the other hand, there are some concerns about the effects this technology will have on spending habits. Be sure to tune in to this week's episode of The Invested Dads Podcast f...

Is debt good or bad? What drives interest rates on various types of debt? What is collateral? Should I sell my investments to pay off my mortgage? How do I pay down my debt? Which is better, the avalanche or snowball method? These are all great questions that many of us have. Tune in this week to learn what The Invested Dads have to say about all things DEBT! For links, show notes, and a full tran...

How has it been 25 episodes already?! The guys are back at it this week, on their silver anniversary, with a special episode on PRECIOUS METALS! Ever thought about investing in a precious metal? Josh and Austin discuss the idea of investing in gold or silver, while also mentioning the gold standard, the United States Reserve, and how to invest in gold if you are wanting to. Austin will also do his...

There’s no better time than tax time! Because they can’t hold back their excitement, today Josh & Austin are discussing the relationship between taxes and your investments. They’ll be talking about the different ways your investments are taxed, what tax-loss harvesting is and how it may be useful to you, tax-free investment options, and more. Tune in now to hear how taxes impact your investmen...

Today The Invested Dads have another very special guest joining the podcast! Jessica Hinks, financial advisor, CFP, and beloved coworker is coming on to talk about women in finance. She’s going to discuss some statistics, trends, and changes she’s seeing in the world in women in the finance industry as well as some great tips for women out there who are looking for the best financial advisor for t...

More and more every day, you see a new “smart” product, whether it’s a smart watch, smart thermostat, smart… dog collar? Maybe some things don’t need to be “smart." Regardless, the connectivity things by the internet is what we call the Internet of Things! Although these innovations are largely viewed as beneficial to us, there are some glaring risks. Want to learn more about the Internet of...

This week Josh and Austin are talking about asset bubbles! If there’s one thing we know about bubbles, it’s that they eventually POP! So The Invested Dads are going to explore several cases of bubbles throughout history like Bitcoin, the Dot-Com bubble, the housing market in 2008, and…tulips? Yes, you heard right…tulips. Even flowers are not immune to radical price swings. Learn about tulips and m...

This week, Josh & Austin are talking about Cryptomania—that is, the hype around cryptocurrency around the world! You’ve heard of the big ones, specifically Bitcoin, and how they have grown in popularity in recent years, but you may not fully understand what they’re all about. That’s okay, most really don’t! But that’s what the Invested Dads are here for! They’re going to help you understand wh...

What the heck is going on with oil? Did oil futures really turn NEGATIVE? What does this mean? And what impacts might this have on our economy? Join Josh and Austin this week as they continue to record from home and bring you some clarity to this oil madness! For links, show notes, and a full transcript, visit theinvesteddads.com/019 Send in LISTENTER QUESTIONS via text ➡️Download Free Resource: 8...

Today, a special guest is joining The Invested Dads! Author, teacher, and personal finance expert Joe Sangl is hopping on today’s episode to introduce his newest book 2020 Money: Gaining Clarity for your Financial Future ! He’ll be discussing methods for discovering and achieving your dreams as well as some financial advice you can use to accomplish your long-term goals. Tune in now for our exclus...

This week, Josh & Austin discuss volatility...which seems appropriate considering the tumultuous start to the year for equity markets. Topics include: what it is, some statistics (which Austin will nerd out about), and what you can do to continue to keep on track to meet your financial goals during this COVID-19 bear market. Thanks for tuning in to this week's episode of The Invested Dads...