Sep 15, 2014
Deacon Hayes from The Well Kept Wallet podcast joins Paula Pant (Afford Anything) and Greg McFarlane (Control Your Cash) on our roundtable today. They discuss credit unions using lottery tactics to get people to save....good idea or just creating more gamblers? They also tackle pensions. Are they a ponzi scheme? Finally, they each take a stab about individual stocks....if you're given some stock and suddenly it falls, do you sell or hold? Of course, they don't agree....
BUT the heart of our episode this week comes from YOU. Anita writes a letter we address asking if it's really worth it to pay an advisor 1% if you're in a 401k, properly diversified and heading in the right direction? Can an advisor really add enough value to make a difference? Our answer? Maybe, maybe not. BUT to learn why we answer that way, you'll have to check out the show!
Of course, Doug brings trivia, we tackle some interesting headlines, and much more.
Visit the StackingBenjamins.com website for show notes and more fun!