Manage episode 232520877 series 31291
On today’s episode, Tom and Don debunk some of the many myths around investing to show that despite common belief, investing is not hard at all. A wide variety of topics are covered, from baby boomer finance and how many of them made poor financial decisions, to playing the stock market and why this is always advised against. They also talk about some of the mistakes that people make in their investment portfolios.
Why 75% of baby boomers don’t have a plan for retirement.
What is an inherited IRA?
Personal tolerance for volatility is more important than playing the market.
Money management is easier than we have been led to believe.
Why keeping emotions in check when making investment decisions is important.
The danger of buying individual stocks.
The long-term implications of stock buy backs for companies.
When selling off large portions of stocks, be mindful of capital gains tax.
What the straight premium insurance approach means.
Vestory — https://vestory.com/
Vanguard VTWAX fund — https://investor.vanguard.com/mutual-funds/profile/overview/vtwax
Vanguard VBTLX —https://investor.vanguard.com/mutual-funds/profile/overview/vbtlx
427 episodes available. A new episode about every day averaging 25 mins duration .