Money For the Rest of Us

What is the difference between risk and uncertainty and how our decision making approach should differ under each scenario. Why pandemics are highly uncertain and should be treated as such. Topics covered include: Thanks to Mint Mobile and Grammarly for sponsoring the episode. For show notes and more information on this episode click here.

What central banks such as the Federal Reserve and federal governments are doing to counteract the negative impact of the pandemic related economic shutdown. What are the risks of this massive monetary and fiscal stimulus and how to mitigate those risks. Topics covered include: Thanks to LinkedIn Learning and Rad Power Bikes for sponsoring the episode. For show notes and more information on this episode click here.

How to avoid ruin and help others avoid ruin as the economy shuts down to slow the spread of the coronavirus. Topics covered include: Thanks to Netsuite and Rad Power Bikes for sponsoring the episode. Text the word RAD to the number 64-000 to get a free accessory with the purchase of a bike. For show notes and more information on this episode click here.

Why closed-end funds are David's favorite investment vehicle, particularly during market panics. What are the unique characteristics of these funds and what are successful strategies for investing them. Topics covered include: Thanks to LinkedIn and The HPScast for sponsoring the episode. For show notes and more information on this episode click here.

Why most investors practice both market timing and time in the market. Why it is okay to reduce stock exposure given the coronavirus pandemic threat. Thanks to Policygenius and Mint Mobile for sponsoring the episode. For show notes and more information on this episode click here.

Almost half of Millennials want to retire early. Will that hurt economic growth? There were similar concerns in the 1920s that early retirement would wreck the economy. In fact, there was significant pushback against retiring at all due to fears retirements would destroy the economy. Yet, the Great Depression still came. In this episode, we consider what ended the Roaring Twenties, caused the Great Depression, and how early retirements impact the economy. Topics covered include: Thanks to...

What factors lead to hyperinflation, why it is so devastating, how hyperinflation can be overcome and what can individuals do to be prepared for hyperinflation. Topics covered include: Thanks to Netsuite and Policygenius for sponsoring the episode. For show notes and more information on this episode click here.

How pandemics have impacted the economy and financial markets. Where does the coronavirus rank in severity compared to other pandemics. What portfolio changes, if any, should investors make in response to the coronavirus pandemic. Topics covered include: Thanks to Policygenius and LinkedIn Jobs for sponsoring the episode. For show notes and more information on this episode click here.

How most money, such as currency, bank deposits, money market mutual funds, and repurchase agreements, is really short-term debt, often backed by other debt. As a result, money is subject to runs when investors lose confidence and don't want to own it. That can lead to financial crises. Topics covered in this episode include: Thanks to Vistaprint for sponsoring the episode. Use promo code: "david" to get free shipping. Also thank you to The Bouqs Company for sponsoring the show. Use promo...

How to protect against financial hardship and assist others who are struggling financially. Topics covered include: Note: The original audio file stated that "oftentimes they [the ayslum seekers] wouldn't ever show up for their court case." That is an inaccurate statement. Most asylum seekers attend their court hearing. The audio has been modified to remove the inaccuracy. Thanks to The Bouqs Co. for sponsoring the episode. Use code: david. Also thanks to Policygenius for being a...

How investors make money with carry trades, how central banks encourage such trades, and what are the dangers to financial markets and the economy when carry trades get too big. Topics covered include: Thanks to Robinhood and NetSuite for sponsoring the episode For show notes and more information on this episode click here.

What factors determine the well-being of an individual or nation and why gross domestic product is an inadequate measure of prosperity. Topics covered include: Thanks to Policygenius and LinkedIn for sponsoring the episode. For show notes and more information on this episode click here.

How climate change, money, trust and technology will interact to impact financial markets and the economy in the coming decade. Topics covered include: Thanks to Cove and Sleep Number for sponsoring the episode. For show notes and more information on this episode click here.

How is it the global economy still functions even though most individuals do not trust brands, public institutions or each other. Topics covered in this episode include: Thanks to Masterworks and LinkedIn for sponsoring the episode. For show notes and more information on this episode click here.

How a safety-first retirement approach using income annuities is more predictable and takes less money than depending entirely on your investment portfolio to fund your retirement. Topics covered include: Thanks to Policygenius and Vistaprint for sponsoring the episode. Use code David50 for Vistaprint. For show notes and more information on this episode click here.

Two Money For the Rest of Us podcast listeners are struggling with spending money. The first listener is 22 and lives in Canada. He feels as if his money is going everywhere such as saving for a house, car, and retirement, but very little goes to things he enjoys. The second listener is 46 with a $2 million net worth, but in his case, he finds he doesn’t enjoy spending money on himself. He is willing to spend money on his wife and two children, but he still finds himself feeling tight,...

How regulatory changes could lead to a boom in new ETFs, including actively managed ETFs. Why ETFs continue to be one of the most innovative, cost effective and tax efficient investment vehicles. Topic covered include: Thanks to LinkedIn and SleepNumber for sponsoring the episode. For show notes and more information on this episode click here.

How to find your unique work that can bring satisfaction and income before and during the traditional retirement years. Topics discussed in this episode include: Thanks to The Great Courses Plus and Vistaprint (use code David50) for sponsoring the episode. For show notes and more information on this episode click here. need

Is it possible to be too diversified and how can you tell? Why Warren Buffet thinks diversification is protection against ignorance. Topics covered include: Thanks to LinkedIn and Policygenius for sponsoring the episode. For show notes and more information on this episode click here.

David's book Money for the Rest of Us: 10 Questions to Master Successful Investing is now available (at least the e-book version). To celebrate, here is a bonus episode with excerpts from the forthcoming audiobook. Please enjoy the Introduction and Chapter One. Also, as part of the book launch, David will be hosting an Ask Me Anything (AMA) on Reddit on Wednesday, October 30, 2019 at 1PM Eastern time. Please join us.