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#766: The 5 Levels of Investors, and Why Some People Never Leave Level One, with David Leiter
Free Download · The Takeaway Get smarter with money in five minutes. The big idea from Episode 766, plus a one-hour plan to act on it this week. Two pages, free. ✓The one idea from this episode that matters most for your money ✓Three steps you can finish in under an hour ✓A quick fill-in…
#764: Q&A: I’m at High Risk for Alzheimer’s. Is $2.5M Enough to Take Care of My Family?
“Buy insurance before you get tested.” That’s the first thing I told an Air Force major whose parents were both diagnosed with early onset Alzheimer’s around age 60. He’s married with two kids under 10 and has about $2.5 million saved. He also has a 25% chance of inheriting the gene pairing that raises his…
#763: Acorns CEO: The Scariest Part Of Investing Is the First Step, with Noah Kerner
Free Download · The Takeaway Get smarter with money in five minutes. The big idea from Episode 763, plus a one-hour plan to act on it this week. Two pages, free. ✓The one idea from this episode that matters most for your money ✓Three steps you can finish in under an hour ✓A quick fill-in…
- Episodes | FIRE | Investing | Q&A Episode | Retirement
#762: Q&A: I’m the Executor of Dad’s $500K Portfolio. Should I Cash It Out?
“So I would say move it to cash today.” That was Joe’s advice to a listener who just became the executor of an estate, with a $500,000 brokerage account mostly in S&P 500 index funds and months of probate ahead. I disagreed. That money now belongs to him and his siblings, whose time horizon stretches…
#761: 3 Million Americans Got Rich From Boring Businesses. Here’s How, with Owen Zidar & Eric Zwick
Dick Portillo started his hot dog business with about $1,000 and a shack that had no running water. He washed the dishes in his family’s bathtub. Decades later, he sold the company for roughly a billion dollars, which makes him one of the starkest examples of how boring businesses quietly create American wealth. He’s not…
- Debt | Episodes | FIRE | Personal Finance | Real Estate | Retirement | The Economy
#760: Q&A: $1 Million Invested, $100K a Year to Live On. Do We Ever Need to Save Again?
“Oh God, yes.” That’s how fast Joe answered when I asked whether our first caller, Beth, and her husband have already reached coast FIRE. They’re in their late 30s and early 40s, with two young kids, a paid-off house, and about $1 million invested. They expect to need roughly $100,000 a year once daycare ends,…
