The Stacking Benjamins Show

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401k plans, Roth IRAs, Coverdell IRAs, separately managed accounts, and more. What do they have in common? YOU asked about all of these and more on today's show! Our letters episodes are some of our most downloaded podcasts and today we'll fill empty the mailbag by answering SEVEN of your questions to the podcast.In our headline segment we kiss the MyRA goodbye. Why did it fail? While we don't know the reason for sure, the guys discuss what might have gone wrong and if you were hoping to use the MyRA, what some great alternatives might be. We also talk to Mike Brown from LendEDU about their recent credit cards and millennials survey. Wait until you see what SOME millennials think happens to your credit score when you miss a payment. You'll be shocked....We'll also throw out the Haven Life Line, feature some hair-raising trivia from Doug, and more.Special thanks to M1Finance and Tiller for sponsoring our show! We couldn't do any of this without the support of this awesome company. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What are the best ways to invest? In a recent piece, Ramit Sethi (I Will Teach You To Be Rich) detailed what he thinks are the four best starting points for people in their 20's. Are they the best? We're excited that Investment News' 40 Under 40 honoree Eric Roberge joins Paula Pant from Afford Anything and Joe to tackle all four of Ramit's strategies.Of course, that isn't all. Next we discuss the active vs. passive investment debate. Which is better? A recent piece says that this particular debate isn't the right one to have. Instead, we should talk about what's right for the investor, based on their beliefs and their needs. Do you agree? Does our roundtable agree? You'll find out today!We finish off our discussion with a rousing debate about another crazy Marketwatch.com Moneyologist question. Today's question? If your boss asks you to take a roommate, should you charge the person rent? ...that's not all of the question, but we get some GREAT answers from our roundtable participants.In our Friday FinTech segment, JJ Ramberg from Gumdrop joins us. Are you back to school shopping? Searching for great deals? Hoping to also help some charitable causes? We'll show you how Gumdrop works on all of those fronts today!Thanks to MagnifyMoney.com and FamZoo.com for sponsoring our show, and thanks also to everyone who's visited Amazon.com using our link! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why aren't you saving more? How about $15,000 a year more? Our guest today just organized her financial picture and saved a TON of money. Anna Davies saved by doing the little things that people talk about all the time. Today's topic isn't about "have you heard it." It's about "have you done it?"We also have time to throw out the Haven Life line, bring on Doug's trivia, share some bad jokes, and lots more....Huge thanks to Roofstock for helping us with today's show. New to real estate or a seasoned investor looking for a better partner? Check out Roofstock! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bernie Madoff perpetrated the largest scam of investor money in history. How? Today we're thrilled to talk to the author of the book which HBO has now made into a four time Emmy-nominated film, The Wizard Of Lies," Diana Henriques. We'll discuss the scandal, her interactions with Madoff, and what we can learn from this tragedy.In our headline segment we ask the question, "What happens to your HSA during retirement?" Morningstar asked the same question in a recent article, and the guys review it and discuss many retirement options. We then turn to a recent survey by GenFKD about millennials and homes. Apparently many millennials would like to buy a home but they're fighting an uphill battle. We talk with David Grasso from GenFKD about their findings.We'll also throw out the Haven Life Line to Conrad, who's concerned about our new sponsor, and we'll answer a letter from the mailbag. Special thanks to M1Finance for sponsoring our show! We couldn't do any of this without the support of this awesome company.  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A big problem that we have at the Stacking Benjamins show is that nobody ever talks about their mistakes. So today....as our final topic, we discuss a BIG financial mistake we've all made. One of us shares a DOOZY. We'll let you listen to hear which one.We also cover (as we do EVERY Friday), LOTS of other topics, including perks that your company SHOULD offer if they want to keep employees long term, and alsoIn our Friday FinTech segment we have a great guest...Neal Stern from AICPA joins us to talk about a new online game you can play that will teach you the basics of money-making decisions! Yesterday's Tomorrow teaches concepts about life from birth to the grave. You'll learn a lot, and Neal takes us through the game to tell us all about it.Thanks to MagnifyMoney.com for sponsoring our show, and thanks also to everyone who's visited Amazon.com using our link! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sometimes money lessons resonate. After 500 episodes, we've heard LOTS of lessons. Get a 15 year mortgage, get a 30 year mortgage. Pay off your debt faster, THEN save. Pay off debt slowly AND save at the same time. What advice is right? What sticks?On today's show we'll share what OG and Joe think stuck for them. Our Top 5 episodes have been some of long-time listener favorites, so today we're bringing it back with a special top 5....which 5 lessons from guests and contributors have been the ones that we should ALL remember. But a big part of today's show comes from YOU. We'll play some of your big wins from the years that we've completed 500 shows. It's AMAZING to us what the people in this community have accomplished. You've paid off incredible amounts of debt, learned to invest, started a savings plan, created a budget...and more importantly? You've achieved some amazing goals, like buying houses, retiring, putting kids through college....we're in awe of your ability to achieve. You inspire us. Thank you!Of course that's not all....we STILL have time to throw out the Haven Life line, bring on Doug's trivia, share some bad jokes, and lots more....Huge thanks to MagnifyMoney.com for helping us with today's show and through the years on this show. They're an awesome company and if you're not using them, I'm not sure you know what you're missing! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What would happen if you lost more than $50,000 that was meant for your first home? Shannyn Allen lived that harrowing nightmare and she's going to share the story today. She unknowingly handed a hacker $50,000 , and will share the mistakes that were made around her situation, and will also let you know the steps YOU should take if you're even in a similar situation. It's a raw, horrifying story, and also one of the longest interviews we've done on Stacking Benjamins in a long, long time.In our headline segment we talk about Beyonce and Jay-Z. It appears they're spending money like they're....Beyonce and Jay-Z. What does that have to do with you? We'll share that on today's show. Also, Jamie Wise from the Buzz Indexes shares with us some welcome news about oil prices. Are we seeing the lows in oil? He'll share the wisdom of social media chatter on today's podcast.Of course, that's not all. Doug has yet another hare-brained scheme to become wealthy....but still has time to share some trivia. We'll also throw out the Haven Life Line to Nikki, who asks an existential question about money and goals, plus answer a letter from Jason about the Roth IRA. Special thanks to M1Finance for sponsoring our show! We couldn't do any of this without the support of these awesome companies. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.