Understanding Your Investments (with J. David Stein)
Do you understand investments? If not, today's show is for you...and if you DO, today's show probably still is for you, because our guest is all about focusing on what you DON'T yet know about your money. David Stein will help us learn more about how your investments work so the whole process is less of a gamble. He's the host behind the hit financial podcast, Money For The Rest Of Us, and brings to the basement a wealth of knowledge about the questions you need to ask before putting your hard-earned money into any investment. Picking a popular stock is easy, but truly understanding the thing you put your cash behind? That's more difficult, and David will break down why.
October is fire prevention month, so during our headlines segment we'll ring up Steve Kerber, the Director of the UL Firefighter Safety Research Institute. He'll share fantastic advice on not only how to keep your family safe, but your home too. Plus, could there be a magic number to emergency savings? One recent study suggests that if you hoard too much money it might not be worth it, and the savings could be better put elsewhere.
Later we'll throw out the Haven Life Line to Stacy, who describes herself as a digital nomad. How should she budget and do her taxes?
A big thanks to Masterworks for supporting Stacking Benjamins. Start investing in art AND skip the 17,000 person waitlist by visiting Masterworks.io and letting them know Stacking Benjamins sent you.