We answer over a dozen questions from listeners on investing, housing, retirement, business, podcast production, and more. Topics covered include: The Endowment Model Teaching children about investing Four influential investing books The difference between being an entrepreneur and investing The balance between too much and too little efficiency and productivity What we learned about investing from the Covid crash How asset allocation changes as one gets older The … [Read more...]
227: How To Teach Children About Money
Here are four most important things to teach children about money and why showing is better than telling when it comes to kids and finances. Photo by Charlein Gracia In this episode you’ll learn: Four money principles all children should learn.Why just-in-time learning is a great way to teach kids about money Show Notes The Little Virtues by Natalia Ginzburg Episode Sponsors CNote Episode Summary Parenting is no easy feat, and one of the biggest … [Read more...]
193 Plus: Pensions, Bankruptcy Risk and Speculation
This week February 24, 2018 on Money For the Rest of Us Plus, we clarify the importance of understanding a pension's funding status before choosing the pension via a lump sum payment. We also clarify the risk of investing in crowdfunding platforms in the case of bankruptcy. We explore how investments with positive expected returns can be speculative for individuals and how to manage that speculative risk. Finally, we discuss asset allocation for accounts designated for children. … [Read more...]