Money Guy Show Don’t Fall For These Market Trends with Austin Hankwitz
10 snips
Feb 25, 2026 
Austin Hankwitz, finance creator and entrepreneur known for Rich Habits and fintech work, joins to share his investing perspective. He talks about balancing index funds with small high-risk bets. They play a headlines game to sort news from noise. Career risks, market volatility, and when to seek financial advice also come up.
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Core Satellite Portfolio Strategy
- Use a core-satellite portfolio: keep 65–85% in broad index funds and 15–35% in small, high-risk “satellite” bets.
- Austin recommends limiting speculative allocations to low single digits so a 40–70% loss on that slice won’t derail your net worth.
Enter New Asset Classes With Eyes Wide Open
- Know the volatility of any new asset before diversifying; surprise losses come from unfamiliar sectors like crypto or single stocks.
- Enter new strategies with ‘eyes wide open’ so you're emotionally prepared when they drop 30–40%.
Fund Risky Bets From Discretionary Dollars
- Treat speculative money as trade-offs from discretionary spending or side-hustle income, not from core retirement funds.
- Austin suggests using small saved amounts (e.g., skip coffee) to fund risky bets rather than reallocating index-fund dollars.
