Jan 24, 2020

When it comes to evaluating products and items in the financial world, there’s a lot of good and bad available to investors. The challenge is trying to determine what works for you and what doesn’t. Let’s talk about a few of these things that might not be all they’re cracked up to be and then highlight a few that aren’t getting the credit they deserve.

Show notes and additional resources: https://johnsonbrunetti.com/?p=4722 

Today's rundown: 

0:44 – A survey found that corporate CEOs and CFOs are pessimistic about the economy while consumers are optimistic. What does Joel think?

1:30 – Let’s talk about some things that are overrated starting with tax advantages. Why might this be overrated?

6:03 – Rates of Return: how can this be overrated?

7:43 – Commission-based investment accounts: overrated?

12:12 – Mailbag question: I’m 67 but I don’t have plans to retire any time soon. Should I go ahead and start Social Security now or wait until I’m done working?

15:02 – Let’s talk about financial products that are underrated starting with liquidity.  

16:17 – Why is predictability underrated?

17:37 – Simplicity: underrated?

19:04 – Mailbag question: My dad is in his 90s and his health is starting to decline. Would it be wise for him to start gifting money to me and my sister while he’s still alive? We’ve also talked about him signing over his house to us.

20:22 – Mailbag question: I’m a big believer in my company’s future so the majority of my 401k is invested in company stock. I understand I’m not diversified but isn’t that okay since I know the company so well?