Money Pod

Thanks for listening to this week's episode! To get $10 off our course, use code "podcast" when checking out. www.gumroad.com/liftoff Notes:  Jackson covers Remdesivir and the medical system in the US: https://www.businessinsider.com/gilead-sciences-sets-price-for-coronavirus-drug-remdesivir-2020-6?utm_source=feedly&utm_medium=referral Davy looks at the Vanguard 2020 How America Saves report: https://institutional.vanguard.com/ngiam/assets/pdf/has/how-america-saves-report-2020.pdf --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

To get our Launchpad for only $15 visit www.gumroad.com/liftoff Thanks for listening!  --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Jackson was interviewed on IG Live - here's the audio from the interview! Subscribe for all of our content: bit.ly/2NQz8EZ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Subscribe for all of our content: bit.ly/2NQz8EZ Topics covered in Episode 10 ? 1:12 – Market Volatility and Signs ? 13:06 – Recovery Rebate & SBA Programs (EIDL and PPP primarily) ? 23:56 – North Korea’s incredible COVID program ? 30:25 Q&A I invested my down payment for a home in the stock market. What should we do? ? 35:10 - Advisor Picks Davy recommends the BBC documentary on the Great Depression: https://www.youtube.com/watch?v=qlSxPouPCIM Jackson recommends the series on Amazon called Taboo starring Tom Hardy: https://www.fxnetworks.com/shows/taboo --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

We're still in the middle of this Coronavirus selloff, so here's what we are watching and thinking about.  -------------- Subscribe to the best weekly email finance: bit.ly/2NQz8EZ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

We're back!  This episode is packed full of info about the recent market selloff, the Coronavirus (COVID-19) and what you should do to brace for tough times.  Please reach out with any questions! Stay safe! ----------------- Subscribe to the best weekly email finance: bit.ly/2NQz8EZ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 17 ? 0:00 – Why we’ve been gone, and how Idaho is cold enough that the air hurts our face. ? 2:13 – Congress and the SECURE Act, along with finance ramifications ? 10:20 – Stealth Wealth and giving: https://www.cnbc.com/2016/08/29/janitor-secretly-amassed-an-8-million-fortune.html ? 18:10 Q&A How many people who actively invest to beat the market factor in the value of their time to do that?  What are your goals for 2020? ? 25:16 – Advisor Pick of the Week ? Davy recommends foot warmers, because he has the worst circulation: https://www.walmart.com/ip/Toasty-Toes-Footrest-Space-Heater/17656514?wmlspartner=wlpa&selectedSellerId=0&adid=22222222227018077010&wl0=&wl1=g&wl2=c&wl3=51751683071&wl4=pla-83127904031&wl5=1016216&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=online&wl12=17656514&veh=sem&gclid=EAIaIQobChMI4c3j55fA5gIVryCtBh3Xgg1yEAQYAyABEgK03vD_BwE ? Jackson recommends Dark Waters, with Mark Ruffalo, Anne Hathaway, and many other famous people that we didn’t mention even though it could help our SEO. Subscribe to the best weekly email finance: bit.ly/2NQz8EZ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 17 ? 0:00 – Why we’ve been gone, and how Idaho is cold enough that the air hurts our face. ? 2:13 – Congress and the SECURE Act, along with finance ramifications ? 10:20 – Stealth Wealth and giving: https://www.cnbc.com/2016/08/29/janitor-secretly-amassed-an-8-million-fortune.html ? 18:10 Q&A How many people who actively invest to beat the market factor in the value of their time to do that?  What are your goals for 2020? ? 25:16 – Advisor Pick of the Week ? Davy recommends foot warmers, because he has the worst circulation: https://www.walmart.com/ip/Toasty-Toes-Footrest-Space-Heater/17656514?wmlspartner=wlpa&selectedSellerId=0&adid=22222222227018077010&wl0=&wl1=g&wl2=c&wl3=51751683071&wl4=pla-83127904031&wl5=1016216&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=online&wl12=17656514&veh=sem&gclid=EAIaIQobChMI4c3j55fA5gIVryCtBh3Xgg1yEAQYAyABEgK03vD_BwE ? Jackson recommends Dark Waters, with Mark Ruffalo, Anne Hathaway, and many other famous people that we didn’t mention even though it could help our SEO. Subscribe to the best weekly email finance: bit.ly/2NQz8EZ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 16 1:10 – Vanguard market perspective and forecast 9:50 – The end of trading fees? https://www.usnews.com/news/business/articles/2019-10-01/schwab-drops-stock-trading-commissions-as-fee-war-escalates 17:24 – Jackson’s attention span and changing the alphabet song. Mozart’s 12 variations on the theme: https://www.youtube.com/watch?v=9bK9h12Qdvs 21:15 Q&A How should I handle credit card debt, and should I take a 401(k) loan to help pay it off? 25:16 – Advisor Pick of the Week Davy recommends Sierra Trading Post, where you can get outdoor and activewear at huge discounts (which really helps in Idaho!): https://www.sierra.com/ Jackson recommends book ‘Living With Yourself, a season on Netflix starring Paul Rudd: https://www.netflix.com/title/80178724 --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 16 1:10 – Vanguard market perspective and forecast 9:50 – The end of trading fees? https://www.usnews.com/news/business/articles/2019-10-01/schwab-drops-stock-trading-commissions-as-fee-war-escalates 17:24 – Jackson’s attention span and changing the alphabet song. Mozart’s 12 variations on the theme: https://www.youtube.com/watch?v=9bK9h12Qdvs 21:15 Q&A How should I handle credit card debt, and should I take a 401(k) loan to help pay it off? 25:16 – Advisor Pick of the Week Davy recommends Sierra Trading Post, where you can get outdoor and activewear at huge discounts (which really helps in Idaho!): https://www.sierra.com/ Jackson recommends book ‘Living With Yourself, a season on Netflix starring Paul Rudd: https://www.netflix.com/title/80178724 --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 15 4:30 – Credit card points being allowed expire https://www.msn.com/en-us/money/credit/nearly-half-of-americans-have-let-their-airline-or-hotel-rewards-expire/ar-AAIpV7F 9:15 – Financial Independence and Unhappiness https://www.marketwatch.com/story/dominos-pizza-cfo-announces-new-1-billion-share-buyback-program-2019-10-08?siteid=rss 14:41 – Jackson declares that Davy is so smart. 15:43 – Regular rebalancing as a method to avoid timing risk https://awealthofcommonsense.com/2019/10/finance-topics-that-make-your-head-hurt/ 30:30 Q&A Are you better off renting in the long run? What do you think about wedding loans? 35:40 – Advisor Pick of the Week Davy recommends two things: Mozart’s most famous clarinet concerto: Clarinet Concerto in A major, K.622: https://www.youtube.com/watch?v=YT_63UntRJE Not interrupting others (as highlighted by Joe Rogan’s face in this clip): https://www.youtube.com/watch?v=egIKAK3SuiE&feature=youtu.be&t=53s Jackson recommends Ryan Holiday’s book ‘Stillness is the Key’, a book on why slowing down is the key to a more effective life. Subscribe to the best weekly email in finance!  Thank you for listening! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 15 4:30 – Credit card points being allowed expire https://www.msn.com/en-us/money/credit/nearly-half-of-americans-have-let-their-airline-or-hotel-rewards-expire/ar-AAIpV7F 9:15 – Financial Independence and Unhappiness https://www.marketwatch.com/story/dominos-pizza-cfo-announces-new-1-billion-share-buyback-program-2019-10-08?siteid=rss 14:41 – Jackson declares that Davy is so smart. 15:43 – Regular rebalancing as a method to avoid timing risk https://awealthofcommonsense.com/2019/10/finance-topics-that-make-your-head-hurt/ 30:30 Q&A Are you better off renting in the long run? What do you think about wedding loans? 35:40 – Advisor Pick of the Week Davy recommends two things: Mozart’s most famous clarinet concerto: Clarinet Concerto in A major, K.622: https://www.youtube.com/watch?v=YT_63UntRJE Not interrupting others (as highlighted by Joe Rogan’s face in this clip): https://www.youtube.com/watch?v=egIKAK3SuiE&feature=youtu.be&t=53s Jackson recommends Ryan Holiday’s book ‘Stillness is the Key’, a book on why slowing down is the key to a more effective life. Subscribe to the best weekly email in finance!  Thank you for listening! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

NOTE: We had a bit of a connection problem while recording this episode. There's a bit of a timing issue in a few parts of the podcast.  Topics covered in Episode 14 1:30 – Growth of McDonald’s over time: https://www.cnbc.com/2019/09/25/what-a-1000-dollar-investment-in-mcdonalds-would-be-worth-after-10-years.html 4:32 – Ethical and filtered investment strategies and portfolios 17:36 – Financial Independence and Unhappiness https://www.madfientist.com/best-and-worst-about-fi 19:30 E-cigarette & vaping investing https://markets.businessinsider.com/news/stocks/vape-bans-threaten-hedge-funds-800-million-investment-in-njoy-2019-9-1028555785 26: Q&A How to make and follow a budget properly? 46:14 - Advisor Pick of the Week Davy recommends the ADCCs (Abu Dhabi Combat Club), which is one of the most prestigious grappling tournaments in the world! You can see a lot of snippets online from the 2019 run. Jackson recommends Edward Snowden’s book, Permanent Record. Thanks so much for listening!  Subscribe to the best email in all of finance: http://bit.ly/2NQz8EZ

Topics covered in Episode 13 6:58 – Student Loan Forgiveness Rejection https://www.npr.org/2019/09/05/754656294/congress-promised-student-borrowers-a-break-then-ed-dept-rejected-99-of-them https://www.forbes.com/sites/zackfriedman/2019/05/01/99-of-borrowers-rejected-again-for-student-loan-forgiveness/#1900572ab16b 17:36 – Active Investing surpassed by Passive Investing https://www.bloomberg.com/news/articles/2019-09-11/passive-u-s-equity-funds-eclipse-active-in-epic-industry-shift 30:04 Q&A What do you wish you’d learned in school about taxes? What do you wish you’d learned in school about the value of time? 46:14 - Advisor Pick of the Week Davy recommends decluttering, which is the process of getting rid of things that you don’t need! You can check out some basic tips here: https://www.thespruce.com/decluttering-your-entire-home-2648002 Jackson recommends picking a physical challenge that pushes you outside of your comfort zone, be it a race, hitting the gym, or signing for a new class. --------------------------- We're starting a fun new segment on the podcast called "What I Wish They Taught Me." We're going to talk about money topics that you wish they were teaching in school. We'd love to hear your stories and experiences.  Tweet us your stories at www.twitter.com/jacksonwoodHQ or use the hashtag #WhatIWishTheyTaughtMe to tell your story. We look forward to hearing what you have to say. Please give us a rating and review.  Thank you for listening!  Subscribe to the best email list in finance!  --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 13 6:58 – Student Loan Forgiveness Rejection https://www.npr.org/2019/09/05/754656294/congress-promised-student-borrowers-a-break-then-ed-dept-rejected-99-of-them https://www.forbes.com/sites/zackfriedman/2019/05/01/99-of-borrowers-rejected-again-for-student-loan-forgiveness/#1900572ab16b 17:36 – Active Investing surpassed by Passive Investing https://www.bloomberg.com/news/articles/2019-09-11/passive-u-s-equity-funds-eclipse-active-in-epic-industry-shift 30:04 Q&A What do you wish you’d learned in school about taxes? What do you wish you’d learned in school about the value of time? 46:14 - Advisor Pick of the Week Davy recommends decluttering, which is the process of getting rid of things that you don’t need! You can check out some basic tips here: https://www.thespruce.com/decluttering-your-entire-home-2648002 Jackson recommends picking a physical challenge that pushes you outside of your comfort zone, be it a race, hitting the gym, or signing for a new class. --------------------------- We're starting a fun new segment on the podcast called "What I Wish They Taught Me." We're going to talk about money topics that you wish they were teaching in school. We'd love to hear your stories and experiences.  Tweet us your stories at www.twitter.com/jacksonwoodHQ or use the hashtag #WhatIWishTheyTaughtMe to tell your story. We look forward to hearing what you have to say. Please give us a rating and review.  Thank you for listening!  Subscribe to the best email list in finance!  --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 12 1:33 - Net Worth Percentile Calculator - https://dqydj.com/net-worth-percentile-calculator-united-states/ 14:20 - Tesla and SolarCity - https://www.vanityfair.com/news/2019/08/how-elon-musk-gambled-tesla-to-save-solarcity 22:26 - Vegan Chicken, KFC - https://www.livekindly.co/customers-line-up-down-the-street-for-vegan-kfc/ 31:02 - Q&A - Buying a house at 18 years old Best and quickest way to tackle debt How much should I have saved for retirement in 30 years 43:40 - Advisor Pick of the Week David recommends a Kansas Album https://www.youtube.com/watch?v=9iDcfG--m2Q Jackson recommends watching John Wick 3 Thank you for listening! Subscribe to the best email in finance here: http://bit.ly/2NQz8EZ See ya next week!  --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 12 1:33 - Net Worth Percentile Calculator - https://dqydj.com/net-worth-percentile-calculator-united-states/ 14:20 - Tesla and SolarCity - https://www.vanityfair.com/news/2019/08/how-elon-musk-gambled-tesla-to-save-solarcity 22:26 - Vegan Chicken, KFC - https://www.livekindly.co/customers-line-up-down-the-street-for-vegan-kfc/ 31:02 - Q&A - Buying a house at 18 years old Best and quickest way to tackle debt How much should I have saved for retirement in 30 years 43:40 - Advisor Pick of the Week David recommends a Kansas Album https://www.youtube.com/watch?v=9iDcfG--m2Q Jackson recommends watching John Wick 3 Thank you for listening! Subscribe to the best email in finance here: http://bit.ly/2NQz8EZ See ya next week! 

Topics covered in Episode 12 1:33 - Net Worth Percentile Calculator - https://dqydj.com/net-worth-percentile-calculator-united-states/ 14:20 - Tesla and SolarCity - https://www.vanityfair.com/news/2019/08/how-elon-musk-gambled-tesla-to-save-solarcity 22:26 - Vegan Chicken, KFC - https://www.livekindly.co/customers-line-up-down-the-street-for-vegan-kfc/ 31:02 - Q&A - Buying a house at 18 years old Best and quickest way to tackle debt How much should I have saved for retirement in 30 years 43:40 - Advisor Pick of the Week David recommends a Kansas Album https://www.youtube.com/watch?v=9iDcfG--m2Q Jackson recommends watching John Wick 3 Thank you for listening! Subscribe to the best email in finance here: http://bit.ly/2NQz8EZ See ya next week!  --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 12 1:33 - Net Worth Percentile Calculator - https://dqydj.com/net-worth-percentile-calculator-united-states/ 14:20 - Tesla and SolarCity - https://www.vanityfair.com/news/2019/08/how-elon-musk-gambled-tesla-to-save-solarcity 22:26 - Vegan Chicken, KFC - https://www.livekindly.co/customers-line-up-down-the-street-for-vegan-kfc/ 31:02 - Q&A - Buying a house at 18 years old Best and quickest way to tackle debt How much should I have saved for retirement in 30 years 43:40 - Advisor Pick of the Week David recommends a Kansas Album https://www.youtube.com/watch?v=9iDcfG--m2Q Jackson recommends watching John Wick 3 Thank you for listening! Subscribe to the best email in finance here: http://bit.ly/2NQz8EZ See ya next week!  --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Topics covered in Episode 12 1:33 - Net Worth Percentile Calculator - https://dqydj.com/net-worth-percentile-calculator-united-states/ 14:20 - Tesla and SolarCity - https://www.vanityfair.com/news/2019/08/how-elon-musk-gambled-tesla-to-save-solarcity 22:26 - Vegan Chicken, KFC - https://www.livekindly.co/customers-line-up-down-the-street-for-vegan-kfc/ 31:02 - Q&A - Buying a house at 18 years old Best and quickest way to tackle debt How much should I have saved for retirement in 30 years 43:40 - Advisor Pick of the Week David recommends a Kansas Album https://www.youtube.com/watch?v=9iDcfG--m2Q Jackson recommends watching John Wick 3 Thank you for listening! Subscribe to the best email in finance here: http://bit.ly/2NQz8EZ See ya next week!