Episode 8: What is Investing?

11/04/17 • 43 min

Hey, are you sick of all those sports metaphors in investing? Me too! Well I'm gonna call an audible and try to explain various types of investing through fashion. My guests are Zachary Gering, CFP® of Sontag Advisory and Daniel Tersigni of Wealthsimple. We go deep on index funds, socially responsible investing, and how your 401(k) is costing you $40,000 in fees. Disclaimer: Moneysplained is for entertainment and education purposes only and should not be considered investing advice.

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Episode 7: Retirement

In today’s episode: retirement. How to save, how to plan, and what those 401(k), Roth IRA, 403(b)s are all about. Plus, a secret community of millionaires who are retiring decades early. I talk to Nicole Peterkin, a certified financial planner in Boston and Johnathan Mendonsa and Brad Barrett of the ChooseFI podcast about their early retirement philosophy known as the FIRE movement.

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Episode 9: How to Invest $1000 and the Rise of Robo Advisors

Robo advisors are simply online investment platforms. These innovative tech companies have made it extremely easy for the average person to invest in the stock market with just a few dollars. Robo advisors are the new kids on the block—you might know them by the names Betterment, Wealthfront, Wealthsimple, Ellevest or Vanguard. They have no account minimums and low fees, generally something like .5% or 1% (as opposed to 2-5% for an ace fund manager). With low fees, robo advisors are basically a one-size fits most investment portfolio behind a very sleek website. The investment strategy is to maintain a diverse portfolio made up of mutual funds, ETFs and bonds. I've invested my own money in a few different robo advisors so I can review them for you! Plus, I talk to Nick Holeman from Betterment about how the industry is changing.