The Stacking Benjamins Show Cumulus Podcast Network

If you listen to the news (or see the carnage around you), you know that recessions are a time of hurt. Companies downsize or go bankrupt. People lose their jobs, their homes, and in a stock market decline, their ability to meet goals. But are recessions actually good for us? One recent financial piece says that they are, and our collaborator and friend Doc G at our award-winning sister show, Earn & Invest, dives into it today. He's asked two people from his community plus Joe Saul-Sehy to a panel discussing the possibility that just maybe...behind all of the tears and horror, a recession might be healthy.
Find the original show notes here: https://www.earnandinvest.com/episodes-8/are-recessions-good-for-you
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Ever look at yourself in the mirror? Of course, you have! How often have you had to tell that person looking back at you to get out of the way? If you’re like us, A TON. Mel Robbins discovered that one simple gesture in the morning can make all the difference in our decisions. She’ll share details of her own journey to success after financial hardship and how five seconds and high-fives changed her outlook. High fives aren’t just for big accomplishments or a way to communicate with friends. You can (and should) give yourself a high five every day for all the successes in your life, no matter how insignificant they may seem. Mel dives into the science behind how these small habits changed her life and how they can change yours, too.
We are back teaching you about annuities during our headline, and one annuity company is pleading to independent financial advisors to give their products another shot. Annuities aren’t always painted in the best light, and we’ll hear what this company is doing to change that. During our Magnify Money voicemail, Roy wants to pick Joe and OG’s brains about their asset allocation. And, of course, we’ll include some of Doug’s trivia.
This show originally aired in September of 2021, so please ignore any mention of current events. You can find the original show notes here: How To Get Out Of Your Own Way With One Simple Tool (with Mel Robbins).
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
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Is the secret to investment success all about making your decisions as if you were a 50-year-old woman? We tackle that take on today's roundtable discussion. We're joined by one of the best voices who gives investing advice online, Brian Feroldi. He's joined by the lady who knows all about making wise investing decisions, no matter your age, Paula Pant. And finally, we also feature the advice of our in-house financial planner (who happens to have the temperament of a 50-year-old woman), OG.
In the second half, brought to you by DepositAccounts.com, we continue down the list of how to win by investing like a 50-year-old woman.
And, finally, be sure to stick around for Doug's sky-high stock-institution trivia. It will surprise you!
FULL SHOW NOTES: https://stackingbenjamins.com/invest-smarter-think-like-a-50-year-old-woman-1537
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201

During our conversation, you'll hear us mention:

Sticking to your investment plan, even in times of market correction.

Why "this time is different" is a dangerous mindset.

Weighing the long-term risk-reward relationship.

The benefit of indexing.

Investing according to your time horizon and risk tolerance.

The fallacy of trying to time the market.

Dollar-cost averaging.

How to resist the temptation to tinker with your investments.

How to trick yourself from reacting to every piece of news.

How to avoid FOMO.

Why you shouldn't care about what others think.

Stop comparing yourself to others.

Allowing yourself to allocate a small amount of your portfolio to taking outsized risks.

Investing in individual stocks if it works for you.

Allocating a limited amount of time to making investment decisions.

How to distinguish between sound advice and not-so-reputable salespeople.

Use good judgment when deciding whose advice to follow.

Finding the investing style that works for you.

Learning from failure.


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Time to revolt! Tired of thinking everyone else is in control when it comes to your money? The grocery store, utilities, retirement plans and their fee structures...everyone wants a piece of you, don't they? Well, today, that all changes. We're burning down ideas like high-interest debt (or debt at all), kids eating your entire budget, needing a million dollars to retire, and other tired ideas. We'll swap these and other ideas out for useable tips and ideas to help you revolt and build your own financial freedom.

Our headline today features a top economist who says the idea of retiring with a million is too much. You can retire on much, much less. We'll share why we agree today, but do you really want less?

Our TikTok minute is about budgets. Who can afford the fresh produce area of a grocery store?

The Better Call Saul... Sehy and OG segment features Dave, who wonders about credit card reward points. Should he begin taking advantage of them?



FULL SHOW NOTES: https://stackingbenjamins.com/how-much-do-you-need-to-retire-1536
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
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Do you think, "I've made it once I reach financial independence?" Douglas Tsoi has been "retired" for over ten years and will tell you, "Not even close."
For all of us, a new journey begins once we reach financial independence. What does this look like? How can we prepare? Today, Douglas sits down with Joe Saul-Sehy to dive into the five stages we all experience after reaching what many think of as the finish line.
In short, we'll discuss:

The fallacy of "I'm done"

The reason why people are afraid to retire, even though they may say otherwise

The darkness phase of "is this all there is?" and how to fight it

The joy of finally realizing that, after the emotional journey, you can flip into a new, gratifying state.


In our headline, we'll share a story about two executives in court because their investment scheme was "built on lies." This company promised eight percent returns without volatility. What's wrong with that? We'll walk through:

How companies make money and why volatility is always EXPECTED with an eight percent return.

Historical returns for asset classes, including the much-maligned international and emerging markets asset classes. Will they ever outperform again?

We'll share several ways people try to even out returns to ATTEMPT, including what these alleged scammers said they could do (and couldn't).


But that's not all. Of course, we'll also share Doug's amazing Formula One trivia question and much, much more.
FULL SHOWNOTES: https://www.stackingbenjamins.com/emotional-stages-after-financial-independence-douglas-tsoi
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201
Enjoy!
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What are the biggest fifteen items on most budgets that can derail your spending plan? One blogger, our friend Allison Baggerly at InspiredBudgets.com, made a list.
Today we use that list as the basis of a game show episode! Paula Pant (AffordAnything), Doc G. (Earn & Invest) and our own OG go head-to-head in a match to figure out which items made Allison's list. The best part? Even when their guesses are wrong, they bring up MANY budget busters that can help all of us do a better job fixing the holes in our spending plan.
Topics we cover:

Gifts

Taxes

Auto maintenance

Pet care

Holiday spending

Medical deductibles/costs

...and much more. We also share MANY solutions to plug the holes in your budget.
AND if that weren't enough, we pause at the halfway point of our conversation for our normal trivia competition (a competition inside of a competition? Meta!)
FULL SHOW NOTES: https://stackingbenjamins.com/budget-gotchas-1534
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201
Enjoy!
Learn more about your ad choices. Visit podcastchoices.com/adchoices