How to Money Friday Flight - Paper Wealth, Target Date Trends, & Bye Bye Buffett #981
May 9, 2025
Explore the intriguing world of personal finance with insights on the paper wealth effect and the effectiveness of target date funds. Discover how gold is making a comeback as an investment, potentially outpacing the S&P 500. Laugh along as they dissect recent retail news from Best Buy and Walmart, while discussing the implications of shrinking living spaces. Learn about the risks of fintech banks, the future of Social Security, and the importance of estate planning amidst evolving investment trends. Plus, tips on credit repair and protecting your identity!
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Walmart's No Price Match Anecdote
- Joel shares a personal experience with Walmart's no price matching policy between online and in-store purchases.
- He contrasts this with Aldi's consumer-friendly price match approach which he prefers.
Rise of Target Date Funds
- Target date funds now hold over $4 trillion in assets and have lower fees than in the past.
- Their balanced approach helps manage market volatility, making them a solid investment option for retirement.
Gold's Mixed Investment Record
- Gold has outperformed the S&P 500 over the last 20 years but loses over longer horizons.
- Experts advise holding only a small portion of gold in portfolios instead of jumping on the gold trend.