Which rebalancing strategy is best or should we even bother rebalancing? Should we just exit stocks completely, especially given how overvalued the U.S. stock market it is? And why do companies split their stocks? In this episode, we answer these and other listener questions.

Why peer-to-peer lending on platforms like Lending Club and Upstart is no place for individuals to invest given higher defaults, lower returns and competition from institutional investors. Thanks to Circle Invest for sponsoring today's episode. Episode Chronology [1:04] There are a lot of issues going on with the global P2P lending market [5:34 ...…

Will stagflation cause the dollar to crash and be a bottomless pit when the next recession hits? That is what Peter Schiff is predicting. We look at where he is right and where he seems to be off the mark when it comes to the U.S. economy and a dollar collapse. Thanks to Haven Life and Wunder Capital for sponsoring today's episode. Episode Chro ...…

How the foreign exchange market works and how George Soros made more than a $1 billion shorting the British pound in 1992. Why currency trading today is more like gambling than when Soros made his billions. Why trading closed end funds can be more profitable than currency trading. Thanks to Wunder Capital and Blooom for sponsoring todays' episo ...…

How health insurance isn't really protection against a catastrophic illness but prepayment of routine healthcare consumption, leading to overconsumption of healthcare and over treatment by medical professionals that drive up costs. What would it take to reform the health insurance marketplace so it is more fair and functions more like life insu ...…

How a complex global trade system has reduced poverty, raised incomes, increased productivity, and lowered prices while a trade war will reverse those trends. You can find show notes and links here. Thanks to Blooom and Wunder Capital for sponsoring this episode. Episode Summary President Trump recently unveiled new tariffs on trade with China, ...…

Why housing bubbles can last such a long time and what to do if you really want or need to buy a house in a frothy market. More information, including show notes, can be found here. Episode Summary Navigating a housing bubble is often on everyone’s minds. With changing family needs, balancing multiple incomes, and varying environmental factors, ...…

Why fair markets require uncertainty for both the buyer and the seller, and why sellers don't need to disclose everything they know to the buyer. More information, including show notes, can be found here. Thanks to Wunder Capital for sponsoring this week's episode. Episode Summary A recent listener of the Money For the Rest of Us podcast posed ...…

Is it worth investing outside your home country given the risk? Should you hedge currency risk? What is the impact of Chinese "A" share listed companies being added to emerging market indices. More information, including show notes, can be found here. Episode Summary Should you be investing internationally? What are the benefits to having forei ...…

How a Chinese ban and careless recycling habits by households and businesses led to a market collapse in recyclables. More information, including show notes, can be found here. Episode Summary The biggest market crash facing the United States today isn’t entirely economic in nature. It’s actually surrounding the idea of recycling and recyclable ...…

Why the mega rich don't have magical investing powers, but there are some investing attributes they possess that we can emulate. More information, including show notes, can be found here. Episode Summary A new listener of Money For the Rest of Us inspired the question for this episode: how do the mega rich invest? Forbes reports that there are ...…

Why the leveraged loan market (i.e. bank loans) is becoming more risky. What are collateralized loan obligations and how do they influence bank loans. Why I will sell my bank loans fund when the economy turns. More information, including show notes, can be found here. Episode Summary Just as you need to be “bear aware” when traveling in the bac ...…

If the Federal Reserve has printed over $2 trillion dollar and given it to banks to lend, why is U.S. inflation still low? More information, including show notes, can be found here. Episode Summary Many people wonder if the Federal Reserve is really printing money. Varied schools of thought exist behind the value of money, how it gets injected ...…

How low real interest rates contribute to low returns for stocks and other risk assets. How real interest rates are determined. More information, including show notes, can be found here. Episode Summary Low investment returns are never the best news for financial investors. On this episode of Money For the Rest of Us, David examines the relatio ...…

How to make better investing and life decisions. More information, including show notes, can be found here. Episode Summary David asks the question, “Is investing more like poker or chess?” on this episode of Money For the Rest of Us in order to help you better understand why investing is inherently unpredictable. The book, “Thinking in Bets: M ...…

What are the impediments to the mass adoption of electric vehicles. More information, including show notes, can be found here. Episode Summary Over the past few months David has been traveling across the country and throughout the trip, he’s covered thousands of highway miles and seen countless vehicles. This inspired him to ask the question, “ ...…

Why most conventional portfolios make huge and often unintended bets on the stock market. How role based investing can lead to a more balanced portfolio. More information, including show notes, can be found here. Episode Summary Having a balanced portfolio is a key to financial success. It offers a secure future and provides a level of security ...…

Joshua Sheats from the Radical Personal Finance podcast and I discuss our different views regarding the national debt and the severity of the U.S. government fiscal situation. More information, including show notes, can be found here. Episode Summary Navigating a housing bubble is often on everyone’s minds. With changing family needs, balancing ...…

How a bank panic led to the creation of the Federal Reserve, and why having diversified sources of money can protect us in case we have a bank panic today and can't get access to our bank deposits. More information, including show notes, can be found here. Episode Summary Asking the question “What kind of money is it?” may seem a bit unnecessar ...…

Why save for retirement if capitalism is going to collapse and/or universal basic income will be available. How millennials can lead the next work transition. More information, including show notes, can be found here. Episode Summary Capitalism, universal basic income, socialism, and artificial intelligence are all tied together in America’s cu ...…

Why having less things and activities gives us more freedom and happiness. Why low probability risks are unacceptable if the consequences affect all of us. More information, including show notes, can be found here. Episode Summary The inspiration behind this episode came from the idea of the power of local and less, from Nassim Nicholas Taleb’s ...…

Why relying on averages is dangerous given our fate is often determined by extreme events and how we react as financial markets, the economy and our own lives evolve. More information, including show notes, can be found here. Episode Summary As people age, one of the most common questions asked is “how can I survive financially?” The world is f ...…

Why duties and other actions are necessary to address trade disputes, but across the board tariffs are a blunt instrument that can lead to a devastating trade war and global recession. More information, including show notes, can be found here. Episode Summary With President Trump recently unveiling new tariffs, many investors and economists are ...…

Four investment lessons from Berkshire Hathaway's fiscal year 2017 Shareholder Letter with additional insights from Howard Marks and Seth Klarman. More information, including show notes, can be found here. Episode Summary Every year, Berkshire Hathaway releases a letter written for their shareholders filled with information on their performance ...…

How planning helps us avoid catastrophic errors while maintaining flexibility and margins of safety allow us to thrive even if our plans don't work out. More information, including show notes, can be found here. Episode Summary There are two sides to the “why plan if life is so unpredictable?” debate that David talks about in this episode of Mo ...…

In this episode we explore scarcity. Artificial scarcity created by laws and real scarcity created by our evolving lifestyles and economy. We'll see that most physical products, with drinking water being an exception, are becoming less scarce while trust and attention are becoming more scarce. More information, including show notes, can be foun ...…

Why interest rates are rising and what could happen to bonds, stocks and the economy if rates returned to more normal levels. More information, including show notes, can be found here. Episode Summary – Has A Bond Bear Market Begun? On this episode of Money For the Rest of Us, David Stein walks you through the complex idea of a bond bear market ...…

What investments are best for maintaining purchasing power relative to inflation. Using the pencil as an example, how inflationary and deflationary forces work together over decades to determine the price of product. More information, including show notes, can be found here. Episode Summary – How To Keep Up With Inflation Businesses and individ ...…

Will increasing the minimum wage help or harm workers and businesses? How many U.S. workers are paid at or below the minimum wage? More information, including show notes, can be found here. Episode Summary – Should The Minimum Wage Be Raised? Nearly every employee in the United States has grappled with the minimum wage question at some point in ...…

How our net worth is more than our financial capital but includes our lifetime earning capacity or human capital. What role does debt play in investing in human capital and how our human capital impacts how we allocate our financial investments. Why stocks aren't less risky in the long-term. How to invest a lump sum payment and how I recently d ...…

Why opportunity costs should be our primary frame for deciding what to buy instead of anchoring, mental accounting or whether we pay with a credit card or cash. More information, including show notes, can be found here. Episode Summary When David noticed that a new book by Dr. Dan Ariely and Jeff Kreisler was actually titled, “Dollars and Sense ...…

Why paying taxes has very little to do with funding the federal government. We also explore the potential impact of the U.S. tax reform on households, businesses and the economy. More information, including show notes, can be found here. Episode Summary – Why Do We Pay Taxes? They say the only things certain in life are death and taxes. While t ...…

There is no regular episode of the podcast this week, but there is a new podcast you can subscribe and listen to: Topics by Money For the Rest of Us. This is a seasonal show released monthly that categorizes existing episodes into topics with a newly recorded introduction. Please subscribe so you automatically get the seasons as they are released.…

A wide ranging discussion on retirement math, sequence of return risk, investing buckets, scaling exposure to Bitcoin and gold, and creating a lifestyle business.

How Illinois and other states can suffer a debt crisis like Greece but why it wouldn't lead to an economic depression similar to what Greece suffered.

Why technology eliminates jobs but doesn't increase the level of unemployment even though for more than 50 years that has been the worry.

What to look for when investing in public real estate investment trusts ("REITs), private REITs and direct real estate deals on crowdfunding real estate platforms. What are current valuations for REITs and commercial real estate.

What caused tulip mania in the 17th century in the Netherlands and how is it similar to Bitcoin?

What is the economic impact of illegal immigration. What would be the cost and impact of mass deportation.

Why have college endowments underperformed a simple three fund Vanguard portfolio? Should you mirror a simple two or three fund portfolio or invest more like an endowment with multiple asset classes?

How a concern about interfering in markets and trade may have contributed to over one million deaths during the 19th century Great Famine in Ireland.

How a country’s working age population growth impacts economic growth and stock returns. What Japan can do about its population decline.

How high profits and low investment by business in R&D and workers lead to income inequality. Why the current situation is unsustainable and what can be done about it.

What percent of Americans are insolvent and what makes data trustworthy.

What attributes should you look for in analyzing an investment advisory firm, financial planner, investment partnership, crowdfunding platform or other investment related offerings.

What the Amish can teach us about adopting new technology without being overwhelmed.

What are some of challenges of investing using long-term economic cycles.

Why your personal data will be compromised if it hasn't already been, and what to do to protect yourself from the consequences of identity theft.

Why cities are the primary driver of economic growth and why do they outlive companies.

Why investment markets can be both efficient and inefficient depending on the environment, and how that should impact your investing.