Secrets Of Saving And Investing

By Life Kit from NPR

Listen to a podcast, please open Podcast Republic app. Available on Google Play Store.


Category: Business

Open in iTunes


Open RSS feed


Open Website


Rate for this podcast


Description

Saving money and investing like a pro is a lot easier than most people realize. In this podcast, we learn the secrets of success from some of the world's best investors, behavioral economists and other experts.

Episode Date
Should You Pay For Financial Advice?
1283
We help you understand whether you need an adviser, and if you do want one, how to find someone who will act in your best interest.

Here's what to remember:
- Many people don't need to pay for financial advice.
- Use a "fee-only" adviser, not a "fee-based" adviser.
- Consider low-cost options like robo-advisers or Vanguard.
- You might need to break up with your adviser — but you can still be friends.
- Two online resources can help you find an adviser: NAPFA and Kent on Money.
Dec 15, 2018
Your Cheat Sheet For Smarter Investing
1380
Investing doesn't have to be hard. We explain how to grow a nice nest egg and avoid that four-letter word that starts with F ... fees.

Here's what to remember:
- Don't pick your own stocks.
- Don't sell stocks if the market crashes.
- Diversify your portfolio.
- Don't pay too much in fees.
- Invest in index funds, not actively managed funds.
- Rebalance your portfolio every year — then leave it alone.
Dec 15, 2018
Get Started Saving
1007
If you're not good at saving money, it's not your fault: Humans are hard-wired to focus on the present. But there's a way to beat evolution and build for your future.

Here's what to remember:
- Make savings automatic.
- Save, even if you have student loans.
- Participate in your employer's matching plan.
- Reward yourself for saving.
- Envision your future self.
- Start saving young.
Dec 15, 2018
Introduction: Secrets Of Saving And Investing
108
There's so much bad advice out there, and they just don't teach this stuff in school. These episodes will get you well on your way to building up that nice nest egg — because who doesn't want that, right?
Dec 14, 2018