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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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Jun 19, 2020

Today we’re going to play a little game called ‘Investment or Not?’ where we’ll present a statement to Joel and he’ll tell us whether or not it’s an investment or something else.


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Today's show schedule: 

0:20 – Let’s a play a game: Investment or Not

0:36 – 1) I have a long commute to work and need a reliable vehicle so I think it’s a good investment to spend more on a nice car.

1:57 – 2) My wife always nags me about the boxes of old baseball cards I keep in the attic but I have to remind her that they’re an investment.

3:33 – 3) We’re putting in a screened-in porch. It’ll cost a little more than we expected but it’s a good investment in our home.

5:08 – 4) The company is doing well as it is but we can grow a lot faster by hiring this additional person so we’ve decided to make that investment.  

6:08 – 5) We just found a piece of land in the mountains at what seems to be a really good price. We might buy it and eventually build on it or we might just hold onto it and eventually sell it.

7:38 – 6) This stock is rising quickly. I’m investing in 100 shares to hopefully make a quick buck and sell it later this year to pay for a vacation.  

8:43 – What we need to make a recommendation to someone.