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Money For the Rest of Us
Money For the Rest of Us
J. David Stein

A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about... more

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Episodes

Optimization, AI and Opting Out with Coco Krumme

In our final episode of the year, I converse with author and data scientist Coco Krumme about the benefits and... more

18 Dec 2024 · 34 minutes
Indexing Bubble and Asset Class Returns Still Revert to the Mean

How asset class returns move in cycles with periods of above-average returns followed by periods of lower returns. How has... more

11 Dec 2024 · 30 minutes
U.S. Stocks Have Never Been This Overhyped or Expensive

What are the tangible and intangible factors that have contributed to long-term U.S. stock market outperformance compared to the rest... more

04 Dec 2024 · 23 minutes
Should You Invest in Nuclear Energy?

Why has there been renewed interest in nuclear power generation in the last couple of years, and how can we... more

20 Nov 2024 · 20 minutes
Strategies and Systems Want Your Money

We explore what strategy and systems are and how we craft and change them. We consider how investment strategies and... more

13 Nov 2024 · 29 minutes
Episode 500: The S&P 500 Index and the Decade Ahead

In the 500th episode of Money for the Rest of Us, we focus on the S&P 500 Index. How has... more

06 Nov 2024 · 27 minutes
What Makes an Economy Prosperous? Spotlight on Cuba and Argentina

We explore eight things that contribute to a healthy, growing economy and where Cuba and Argentina have fallen short. Topics covered... more

30 Oct 2024 · 22 minutes
Ten Things I've Learned About Investing in the Past Decade

In episode 498, David shares how his investing has changed over the past ten years and lessons you can apply... more

23 Oct 2024 · 30 minutes
How to Fix the Retirement Savings Crisis

Why 401k and other defined contribution schemes are flawed, leading to a generation of workers unprepared for retirement. What are... more

16 Oct 2024 · 25 minutes
Are You Taking Enough Aspirational Risk?

Why we need distinct risk buckets: balancing our natural loss aversion with the allure of opportunities that offer the potential... more

09 Oct 2024 · 25 minutes
Plus episode excerpts: ETF Size, the Long-term Impact of QE, and Stock Market Inelasticity

This week on the podcast, we share excerpts from Plus episode 484 on ETF size and the impact of QE,... more

02 Oct 2024 · 27 minutes
The Federal Reserve Cut Interest Rates. What Should We Do Now?

What does the Federal Reserve's policy rate cut mean for our portfolios? Will interest rates keep falling? What changes should... more

25 Sep 2024 · 28 minutes
When to Sell Equity or Borrow: A Guide for Homeowners, Students, and Artists

How do home equity investments, income share agreements, and music royalties work, and how can you participate? Topics covered include:How a... more

18 Sep 2024 · 24 minutes
The Housing Affordability Crisis: What Caused It and How to Fix It

What caused the 40% price increase in houses and rents, and what are governments doing to try to fix the... more

11 Sep 2024 · 23 minutes
The Power of Optionality: Small Bets, Big Payoffs

In this episode, we explore the concept of optionality—how small, strategic decisions can lead to outsized rewards with limited downside... more

04 Sep 2024 · 22 minutes
The Five Layers of Investing - Which Layers Is Your Portfolio Allocated?

In Episode 491, we explore the five layers of investing, including which assets fit into each layer, and give examples... more

28 Aug 2024 · 31 minutes
Should You Invest in Private Equity?

How do buyouts, venture capital, and growth equity work? Has private equity outperformed the stock market, and can individual investors... more

21 Aug 2024 · 28 minutes
Making Better Investment and Life Decisions - Episode 203 Remastered

This week, we release one of David's favorite episodes from six years ago, Episode 203: Is Investing More Like Poker... more

14 Aug 2024 · 23 minutes
Why the Market Has Sold Off and What Should You Do

In episode 489, we examine three factors that contributed to this week's big stock market declines, analyze whether a recession... more

07 Aug 2024 · 27 minutes
Should You Invest in an Ethereum ETF?

What is the investment case for Ethereum, and what are the risks? A straightforward review of what ether and Ethereum... more

31 Jul 2024 · 27 minutes
Are We Heading for a 2030s Depression? - Understanding Global Economic and Population Shifts

What we can monitor and do now in preparation for a 2030s depression, which may or may not arrive. Topics covered... more

24 Jul 2024 · 28 minutes
How Retail Traders Lose Big While Enriching Wall Street

Gambling in the stock market is increasing, with most traders losing money while generating billions of dollars per year for... more

17 Jul 2024 · 22 minutes
Should You Invest in Defined Outcome Buffer ETFs?

Buffer ETFs protect against the downside while capping the upside. We examine them closely to see if they are worth... more

10 Jul 2024 · 27 minutes
7 Steps to Living a Long Life

Seven ways to increase the odds of living long into your retirement years (if you choose to retire). Sponsors Monarch Money –... more

26 Jun 2024 · 31 minutes
Don't Lose Access to Your Cash: Comparing Banks, Neobanks, and Fintech Platforms for Cash Savings

Millions of fintech app users have lost access to their cash. In this episode, we explain why this happened and... more

19 Jun 2024 · 24 minutes
Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

How a few high-impact successes drive up overall average outcomes in investing, business, and creative projects. How to harness positive... more

12 Jun 2024 · 28 minutes
How to Navigate the Crippling Home Insurance Crisis

Why are homeowners seeing home insurance premiums increases of up to 70%, as David has? What can you do if... more

05 Jun 2024 · 27 minutes
Beyond Faster (T+1) Trade Settlements: The Hidden Costs of Optimization

Why stock, ETF, and bond trades are optimized to settle in less than a day, allowing investors quicker access to... more

29 May 2024 · 27 minutes
National Debt Masterclass Finale - What To Do

In part three of our national debt masterclass, we share a simple debt dynamics formula we can monitor to help... more

22 May 2024 · 27 minutes
National Debt Masterclass Part Two

In part two of this national debt series, we explore how households and businesses, including commercial banks, can choose not... more

15 May 2024 · 51 minutes
National Debt Master Class Part One

In part one of this three part series, we consider why a country that issues debt in its own currency... more

08 May 2024 · 32 minutes
Is Small Cap Dead? Why You Shouldn't Abandon Small Cap Stocks

Why global small-cap stocks have underperformed large-cap stocks and will the trend continue? The investment case for allocating to global... more

24 Apr 2024 · 25 minutes
Inflation's Illusion: Debunking the Normalcy of Currency Debasesment

It is not normal to want prices to rise and currencies to lose their purchasing power. We look at the... more

17 Apr 2024 · 26 minutes
Are Emerging Markets Bonds a Once in a Generation Opportunity?

Some analysts suggest that now is an incredibly attractive entry point to invest in emerging market bonds. We look at... more

10 Apr 2024 · 24 minutes
Investing Fundamentals and What Is Attractive Now

In this conversation with financial advisor Josh Jalinski, David shares his views on constructing and benchmarking portfolios, factor investing including... more

03 Apr 2024 · 48 minutes
Is the Economy as Bad as People Think?

Why most households are in better financial shape than prior to the pandemic, but remain frustrated at their lack of... more

27 Mar 2024 · 21 minutes
Unlocking Income: A Comprehensive Guide to Investing in Covered Call ETFs

How to use covered call and buy-write strategies to generate income while understanding the risks and having realistic return expectations. Topics... more

20 Mar 2024 · 27 minutes
How the Economy Really Works: Savings, Investing, Consuming and Market Distortions

A primer on how the economic engine works through coordination between savers, investors, consumers, producers, governments and banks. How hoarding... more

13 Mar 2024 · 27 minutes
Which Will Perform Better: Berkshire Hathaway or Utility Stocks?

Berkshire Hathaway doesn't pay a dividend, its cash pile keeps growing, and Buffet says it's gotten too big to make... more

06 Mar 2024 · 25 minutes
Lessons from Japan's 34 Years of Stock Market Underperformance

Japan's stock market recently exceeded the all-time high first set in December 1989. That's 34 years of zero price appreciation... more

28 Feb 2024 · 52 minutes
Unraveling the Truth About ETFs: Benefits, Analysis, and the Indexing Bubble Myth

How the ETF market is changing, why ETFs should be your preferred investment vehicle, and how to analyze ETFs to... more

21 Feb 2024 · 25 minutes
Does Dividend Investing Still Work?

Stocks that grow their dividends have outperformed non-dividend-paying stocks over the long-term, but not in the past 5, 10, and... more

14 Feb 2024 · 28 minutes
Transforming Financial Regrets into Portfolio Gains: Five Strategies for Navigating Investment Emotions

Humans are wired to feel regret. Here's how to learn from financial regret to become a better investor. Topics covered include:What... more

07 Feb 2024 · 26 minutes
More Ways to Lock in Higher Yields in Case Interest Rates Fall

Professional investors and other market participants are lousy at forecasting interest rates. Here are three more options to lock in... more

31 Jan 2024 · 27 minutes
How To Lock In Higher Yields In Case Interest Rates Fall

With cash yields expected to fall, here's how you can keep your portfolio income elevated by purchasing longer-term individual bonds... more

24 Jan 2024 · 29 minutes
Now Should You Buy Bitcoin? The Investment Case for the New Spot Bitcoin ETFs

We explore reasons for buying Bitcoin using one of the new Bitcoin ETFs. We also consider the risks. Topics covered include:Why... more

17 Jan 2024 · 27 minutes
How Much Should Your Net Worth Grow Each Year?

The intricate dance between profession, risk, lifestyle, and luck in determining how net worth grows. Topics covered include:The various factors that... more

10 Jan 2024 · 26 minutes
Should You Be Invested 100% Stocks Before and During Retirement? A Recent Study Says Yes

The pros and cons of investing your retirement assets 100% in equity, including half in international stocks. Why the 4%... more

03 Jan 2024 · 25 minutes
Listener Q&A on Investing and Living

We close out 2023 by answering your questions on active vs passive management, market timing, investing for status, what we... more

13 Dec 2023 · 44 minutes
Dissecting Stock Returns: Financial Engineering or Genuine Growth?

Do the impressive returns in public and private markets stem from strategic financial engineering or reflect actual economic growth?How corporate... more

06 Dec 2023 · 27 minutes
AI's Fork in the Road: Societal Bliss or Existential Threat?

One year after the release of ChatGPT, we explore the positive and negative paths AI could take and what individuals... more

29 Nov 2023 · 24 minutes
Using a Checklist Approach To Investing - The Money for the Rest of Us Philosophy

In this bonus episode, David visits with Bill Yount and Becky Heptig of the Catching Up to Fi podcast in... more

22 Nov 2023 · 1 hour, 18 minutes
Is Tourism Harmful or Helpful? The Economic and Cultural Impact of Global Travel

What are the economic and cultural benefits of tourism. What are the downsides to too much tourism. How to find... more

15 Nov 2023 · 26 minutes
Easier Investing, Richer Life: TIPS Ladders to Annuities

What are the pros and cons of partially funding retirement expenses with an inflation-indexed bond ladder versus an immediate annuity?... more

08 Nov 2023 · 27 minutes
How To Invest Money - 10 Rules of Thumb for Individual Investors

We discuss ten rules of thumb for individual investors to consider when saving and investing for and in retirement.Don't use... more

01 Nov 2023 · 29 minutes
The Price of Money - 700 Years of Falling, Can Interest Rates Keep Rising?

Interest rates have been sliding for seven centuries. Dive into the historical forces driving this trend and examine whether the... more

25 Oct 2023 · 24 minutes
Beyond Stocks: The Allure and Strategy of Credit Investments

Why investing in non-investment grade bonds, leveraged loans, and preferred stocks is potentially more compelling than investing in common stocks... more

18 Oct 2023 · 29 minutes
How Much Should You Invest in Stocks? The Art of Position Sizing in a Volatile Market

Our allocation to risky assets should vary based on the expected return, volatility, risk aversion, and how much we can... more

11 Oct 2023 · 27 minutes
How Higher Interest Rates Alter Our Financial Blueprint

We explore six impacts of higher interest rates on housing, capital projects, stock buybacks, excess returns for stocks, bonds, and... more

04 Oct 2023 · 28 minutes
The House of Cards: Evaluating Economic and Financial Warning Signs

What are the economic and financial system early warning signs that we should heed rather than get caught up in... more

27 Sep 2023 · 27 minutes
Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium

Why you might want to lock in higher yields now, given real interest rates are the highest they have been... more

20 Sep 2023 · 28 minutes
Our Car Was Attacked! Is Property Crime Increasing?

David shares how thieves recently tried to smash and grab his luggage from his car while he was still inside... more

13 Sep 2023 · 24 minutes
Die With Zero: Why You Should Start Spending Now

How to balance saving, investing, and spending for a fulfilling life. Why you will probably reach your peak net worth... more

06 Sep 2023 · 27 minutes
Bond Investing Masterclass Bonus Episode

Three additional insights to help you confidently invest in fixed income. First, what are the different measures of bond yields,... more

30 Aug 2023 · 33 minutes
From Boom to Bust: Why China's Stocks Lagged Behind Its Economy and Where to Invest Next

How badly has China's stock market performed except for one remarkable decadeWhat are the economic and governance factors that contributed... more

23 Aug 2023 · 28 minutes
Natural Disasters: Are They Truly Increasing?

From raging wildfires to devastating floods, how are these natural events reshaping our financial landscape? What if anything, should we... more

16 Aug 2023 · 26 minutes
Five Surprising Insights About Stock Indexes and Funds

We share five things we have learned about stock index valuations, earnings, currency, and why value investing isn't dead. Topics covered... more

09 Aug 2023 · 30 minutes
Crisis-Proof Investing: Strategies for a Shaky Future

Given climate change and other risks, how should you invest for the next forty years? Topics covered include:What predictions from the... more

02 Aug 2023 · 27 minutes
What If Social Security Had Been Privatized? The Value of Federal Government Pension Plans

In 2005, Congress debated giving U.S. workers private savings accounts to invest their Social Security contributions in the stock and... more

26 Jul 2023 · 28 minutes
Beware of Platform Risk - How PeerStreet, a Real Estate Crowdfunding Firm, Went Bankrupt

How to mitigate the risk of investing on crowdfunding platforms where there is little transparency on the underlying financial health... more

19 Jul 2023 · 26 minutes
How and Why to Invest in AI

AI models like ChatGPT could lead to massive productivity gains, accelerated economic growth, and higher stock returns. Here's how to... more

12 Jul 2023 · 26 minutes
Why Are You Investing? Defining Your Rich Life with Ramit Sethi

Camden and Bret sit down with Ramit Sethi, host of Netflix’s hit show, “How to Get Rich”, author of the... more

28 Jun 2023 · 47 minutes
How to Live Like You Are Already Retired

How to create and sustain a life of freedom and happiness you don't want to retire from. Topics covered include:What are... more

21 Jun 2023 · 26 minutes
How Did They Do? - Revisiting Carbon, SPACs, Silver, Convertible Bonds, and Frontier Markets

We review the performance and investment prospects for carbon, SPACs, silver, convertible bonds, and frontier markets. Topics covered:What has been the... more

14 Jun 2023 · 28 minutes
Is It Better to Rent or Buy a Home?

How to decide whether to rent a house or apartment or purchase a home or condo. What has been the... more

07 Jun 2023 · 27 minutes
Don't Be Afraid to Invest In Commercial Real Estate - The Bullish Case for Equity REITs

Why equity real estate investment trusts should be part of your investment portfolio despite the office sector's struggles. Topics covered include:Why... more

24 May 2023 · 22 minutes
What Happens If The U.S. Defaults On Its Debt? Here's Why It Won't

What are the grave consequences if the U.S. debt ceiling isn't increased and the government defaults? What would the Federal... more

17 May 2023 · 26 minutes
Are the Economy and Financial Markets Zero-Sum Games?

Does there need to be a loser for every winner when it comes to investing and economic growth? Topics covered include:What... more

10 May 2023 · 28 minutes
The Long-term Bullish Case for Gold

Why you should allocate a small percentage of your assets to gold. Topics covered include:What is money, and how does gold... more

03 May 2023 · 27 minutes
How Should Personal and National Wealth Be Measured?

How we measure wealth, riches, abundance, and well-being is more important today than ever. Topics covered include:How late 18th century philosophers... more

26 Apr 2023 · 28 minutes
Money For the Rest of Us
Why Are You Investing? Defining Your Rich Life with Ramit Sethi
Money For the Rest of Us
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Description

Camden and Bret sit down with Ramit Sethi, host of Netflix’s hit show, “How to Get Rich”, author of the New York... more