We answer over a dozen questions from listeners on investing, housing, retirement, business, podcast production, and more. Topics covered include: Episode Sponsors Policygenius Clear - Use code David for two months free Books Mentioned in This Episode Complexity, Risk, and Financial Markets by Edgar E. Peters The Black Swan by Nassim Nicholas Taleb The Misbehavior of Markets by Benoit Mandelbrot An Economist Walks into a Brothel—And Other Unexpected Places to … [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. 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 questions parents face is how to … [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...]