Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Creating Your Cash Machine (with Dave Mason)

Creating Your Cash Machine (with Dave Mason)

FromThe Stacking Benjamins Show


Creating Your Cash Machine (with Dave Mason)

FromThe Stacking Benjamins Show

ratings:
Length:
63 minutes
Released:
Mar 16, 2020
Format:
Podcast episode

Description

How does YOUR financial future look? Probably the first lesson anyone successful with money will tell you is that you can't look at life the same way anymore. While some expenses others may see as a given, you now see as a money drain. Where others see failure, you now see opportunity. Today we'll talk about changing your financial tune with Dave Mason, author of The Cash Machine, who suggests you can make big changes in your relationship with money by making some small changes in how you perceive the world around you.

Recently the Federal Reserve lowered interest rates in response to the coronavirus. They may do it again. We'll talk about some opportunities this may open up for you. Plus, from the perspective of the individual investor (or more preciously, the Robinhood investor), life got a little worse for some traders when the investing app suffered an outage for an entire trading day as stocks surged.

Later on, we'll answer a retirement and taxes question from Red. He can contribute to a Roth and Traditional 401k, while Red's wife can only contribute to a Traditional. What happens during retirement when they file jointly? Will Red have to pay taxes twice? One now for the Roth, and later on for the traditional?

As always, we're saving some time today for Doug's trivia. It's a great day to listen to podcasts while you're at home! Everyone stay safe!
Released:
Mar 16, 2020
Format:
Podcast episode

Titles in the series (100)

Live, from Joe's mom's half-finished basement....listen to a parade of financial headlines, personal finance experts, creatives, and people with stories that inspire us. Every Monday, Wednesday, and Friday, hosts Joe Saul-Sehy & OG meet at the card table and bring you guests, trivia, your letters about saving, investing, and risk management, and much more. Academy of Podcast winner for "best business podcast of the year," 2017 Plutus award winner for "best personal finance podcast," and Kiplinger magazine's only recommended personal finance podcast.