Podcasts about econome conference

Starting Early Is the Ultimate Cheat Code To Building Wealth | 100This is Episode 100 of the Extreme Personal Finance Show, and we're celebrating with one of the most refreshing conversations we've had on this podcast. Nolan Omitt is 25 years old, works as a Hall Coordinator at the University of Kansas, and has been building smart financial habits since he was a kid. Not a kid as in "oh I saved some birthday money" -- we're talking about refereeing ice hockey at age 11 and earning $40 an hour while his friends were making $8 at their first jobs.In this episode, Nolan shares how his dad opened a Roth IRA for him at 16, why he gave a speech in high school about the power of compound interest (and left his teacher rethinking her own financial plan), and how umpiring youth baseball for 13 years helped pay his way through college debt-free.We also get into what Nolan sees every single day working in university housing -- the DoorDash deliveries piling up at the front desk, the Amazon packages overflowing storage, the students ordering meal prep kits for a dorm with one communal kitchen! What all of it tells us about the spending habits nobody is talking about with young people.Plus: the money myth Nolan hears most from his coworkers, why he went debit-only until age 23, his path toward becoming a CFP, and the books that completely changed how he thinks about money.Topics covered in this episode:How refereeing ice hockey at 11 years old sparked a lifelong curiosity about moneyOpening a Roth IRA at 16 and the power of starting earlyUsing side hustles (umpiring, dog sitting) to fund a frugal lifestyleWhat college students' spending habits really look like from the insideThe biggest money myth young professionals believe right nowWhy reducing taxable income is rule number oneBooks that shaped Nolan's financial mindsetHis plan to pursue the CFP designation and work with younger clientsReflections on attending EconoMe Conference for the first timeContact Chris:https://heavymetal.moneyhttps://www.facebook.com/MoneyHeavyMetalhttps://x.com/MoneyHeavyMetalhttps://www.instagram.com/chrislugerhttps://www.tiktok.com/@heavymetalmoneyemail: chris at heavymetal.moneyConnect with Nolannolan.omitt@gmail.comhttps://www.instagram.com/nolo__33/https://www.linkedin.com/in/nolan-omitt-7a03152b5/Resources and Links:https://campfi.orghttps://economeconference.comHow to Pay for College Without Wrecking Your Retirement with Jack Wang, Smart College Contact Chris:https://heavymetal.moneyhttps://www.instagram.com/heavy_metal_money/https://www.youtube.com/@heavymetalmoneyhttps://www.facebook.com/chrislugeremail: chris at heavymetal.money

In this episode we answer emails from Andy, John, and Todd.  We discuss what "holding dollars" means, the lure of speculation on recent events, the ongoing inadequacies of 401k and 403b plans and their incentives, and small cap value vs. small cap blend.  More Cowbell!  Before that we trade stories from the EconoMe Conference and spotlight Fairfax CASA's work with foster kids and our fundraising efforts.Links:Fairfax CASA Donation Page:  Donate - Fairfax CASAEconoMe Presentation on Financial Forecasting and Base Rates:  F. Vasquez EconoMe 2026 Final Slides.pdf - Google DriveTestfolio Comparison of LCV vs. LCG vs. SCV vs. SCG:  testfol.io/?s=cSv9C5VxOW9Testfolio Comparison of Golden Ratio Portfolios with Small Cap Variants:  testfol.io/?s=hTcOUvd0g4JBreathless Unedited AI-Bot Summary:Markets get weird fast: oil shocks, war headlines, and that sickening moment when it feels like every asset in your portfolio is moving together. We dig into a question that pops up in exactly those moments: what does it actually mean when traders say they're “holding dollars,” and is there a DIY investor version that makes sense? We walk through the mechanics behind dollar demand, why institutional cash moves don't map neatly onto a home risk parity portfolio, and why cash timing is a low-odds game for long-term investors.From there, we tackle the real culprit behind most bad decisions: the urge to tinker. We talk leverage, opportunistic investing, and the seductive idea that you'll spot the perfect entry point if you just watch enough financial news. Our view stays consistent: a disciplined asset allocation, a clear rebalancing rule, and the patience to wait out uncertainty usually beat prediction. If you absolutely must scratch the itch, we discuss how some investors think about volatility tools when the VIX is elevated, and why even “smart” speculation should be capped and rules-based.We also answer a practical retirement-plan headache: building diversified risk parity style exposure inside a 401k or 403b with limited fund menus. We explain why plan options change slowly, what kinds of “alternative investments” may show up instead, and why pushing for a self-directed brokerage window can be the most effective workaround. Finally, we close with a nerdy but important allocation question: small cap value vs small cap blend, how small cap growth can sneak in, and why index selection (CRSP vs deeper value tilts like S&P 600 value style exposure) can change what your backtest is really telling you.Subscribe for more DIY investing clarity, share the show with a friend who keeps tinkering, and leave a quick review with your biggest portfolio question.Support the show

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3358: Kathleen Coxwell invites you to craft a deeply personal retirement manifesto, a clear, intentional declaration of your values, dreams, and life lessons. By articulating what matters most and how you want to spend your time, you'll find greater purpose, fulfillment, and direction in the next chapter of your life. Read along with the original article(s) here: https://www.newretirement.com/retirement/what-is-your-retirement-manifesto/ Quotes to ponder: "This is your time to be defined by you." "Writing a manifesto can be a great way of thinking about what you want out of your life and a way of holding yourself accountable for being who you want to be." "You will want to use positive statements, say what you want (not what you don't want)." Episode references: EconoMe Conference: https://www.economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3358: Kathleen Coxwell invites you to craft a deeply personal retirement manifesto, a clear, intentional declaration of your values, dreams, and life lessons. By articulating what matters most and how you want to spend your time, you'll find greater purpose, fulfillment, and direction in the next chapter of your life. Read along with the original article(s) here: https://www.newretirement.com/retirement/what-is-your-retirement-manifesto/ Quotes to ponder: "This is your time to be defined by you." "Writing a manifesto can be a great way of thinking about what you want out of your life and a way of holding yourself accountable for being who you want to be." "You will want to use positive statements, say what you want (not what you don't want)." Episode references: EconoMe Conference: https://www.economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3358: Kathleen Coxwell invites you to craft a deeply personal retirement manifesto, a clear, intentional declaration of your values, dreams, and life lessons. By articulating what matters most and how you want to spend your time, you'll find greater purpose, fulfillment, and direction in the next chapter of your life. Read along with the original article(s) here: https://www.newretirement.com/retirement/what-is-your-retirement-manifesto/ Quotes to ponder: "This is your time to be defined by you." "Writing a manifesto can be a great way of thinking about what you want out of your life and a way of holding yourself accountable for being who you want to be." "You will want to use positive statements, say what you want (not what you don't want)." Episode references: EconoMe Conference: https://www.economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3345: Wanderer argues that chasing your dreams doesn't have to mean choosing between passion and financial stability, it's about building financial independence first, so your dream can thrive without the pressure to instantly pay the bills. By strategically pursuing passion projects on the side and leveraging even modest income from them, you can lower your "Magic Number" and reach freedom faster, all while keeping your dreams alive and viable. Read along with the original article(s) here: https://www.millennial-revolution.com/freedom/why-following-your-dreams-will-make-you-free/ Quotes to ponder: "Don't let anybody tell you that life is about pursuing money or pursuing your dream. It's not either/or. It's both." "Follow the money, then follow your dreams." "If you have something you want to create, start stockpiling your resources now, so that you can give your dream the gift of time." Episode references: EconoMe Conference: https://economeconference.com/ Steve Jobs' Stanford Commencement Speech: https://news.stanford.edu/2005/06/14/jobs-061505/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3345: Wanderer argues that chasing your dreams doesn't have to mean choosing between passion and financial stability, it's about building financial independence first, so your dream can thrive without the pressure to instantly pay the bills. By strategically pursuing passion projects on the side and leveraging even modest income from them, you can lower your "Magic Number" and reach freedom faster, all while keeping your dreams alive and viable. Read along with the original article(s) here: https://www.millennial-revolution.com/freedom/why-following-your-dreams-will-make-you-free/ Quotes to ponder: "Don't let anybody tell you that life is about pursuing money or pursuing your dream. It's not either/or. It's both." "Follow the money, then follow your dreams." "If you have something you want to create, start stockpiling your resources now, so that you can give your dream the gift of time." Episode references: EconoMe Conference: https://economeconference.com/ Steve Jobs' Stanford Commencement Speech: https://news.stanford.edu/2005/06/14/jobs-061505/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3345: Wanderer argues that chasing your dreams doesn't have to mean choosing between passion and financial stability, it's about building financial independence first, so your dream can thrive without the pressure to instantly pay the bills. By strategically pursuing passion projects on the side and leveraging even modest income from them, you can lower your "Magic Number" and reach freedom faster, all while keeping your dreams alive and viable. Read along with the original article(s) here: https://www.millennial-revolution.com/freedom/why-following-your-dreams-will-make-you-free/ Quotes to ponder: "Don't let anybody tell you that life is about pursuing money or pursuing your dream. It's not either/or. It's both." "Follow the money, then follow your dreams." "If you have something you want to create, start stockpiling your resources now, so that you can give your dream the gift of time." Episode references: EconoMe Conference: https://economeconference.com/ Steve Jobs' Stanford Commencement Speech: https://news.stanford.edu/2005/06/14/jobs-061505/ Learn more about your ad choices. Visit megaphone.fm/adchoices

The Magic of the EconoMe Conference and Community with Diania MerriamIn this episode of The Extreme Personal Finance Show, Chris sits down with Diania Merriam, founder of the EconoMe Conference and host of Optimal Finance Daily.Diania shares her inspiring journey from racking up $30,000 in debt while living large in New York City, to discovering the FIRE movement, and eventually creating one of the most electric gatherings in personal finance.We dig into:How Diania's Camino walk at 30 sparked her debt-free journeyThe creative and fun ways she paid off debt without feeling deprivedWhy Mr. Money Mustache changed her money mindsetThe story behind launching the EconoMe Conference and its explosive growthWhy human connection is the missing link in your path to financial freedomIf you're looking for both practical strategies and mindset shifts to fuel your financial independence journey, this episode delivers.Contact Chris:https://heavymetal.moneyhttps://www.facebook.com/MoneyHeavyMetalhttps://x.com/MoneyHeavyMetalhttps://www.instagram.com/chrislugerhttps://www.tiktok.com/@heavymetalmoneyemail: chris at heavymetal.moneyResources and Links:The EconoMe Conferencehttps://economeconference.comOptimal Finance Dailyhttps://oldpodcast.com/podcast/optimal-finance-daily-financial-independence-and-money-adviceMr. Money Mustachehttps://www.mrmoneymustache.com/The World Domination Summithttps://worlddominationsummit.comhttps://walkthecamino.com

Send us a text#057 Ever dreamed of ditching debt, saving 60% of your income, and walking 500 miles across Spain on a whim? What if this "impossible" path could set your kids up for true financial freedom – without waiting until 65? In this eye-opening episode, host Eric Yard chats with Diania Merriam, who crushed $30K in debt in just 11 months and built a life of options through the FIRE movement. But here's the twist: She's not just talking theory – she's showing how parents can break the consumer cycle and teach kids to retire early. Curious how a single mom retired at 49 on less than six figures? Or why "frugality" might be the ultimate superpower? Dive in to discover the secrets that could change your family's financial destiny...Episode OverviewJoin concerned parent and host Eric Yard as he explores the FIRE (Financial Independence, Retire Early) movement with Diania Merriam, founder of the EconoMe Conference and host of Optimal Finance Daily. Diania shares her epic journey from financial illiteracy and debt in NYC to achieving work-optional freedom – all while sparking ideas for raising money-savvy kids. Whether you're battling bad habits or seeking ways to lead by example, this episode reveals actionable strategies to front-load savings, question consumerism, and create lifelong options for your family.Guest SpotlightDiania Merriam: Founder of the EconoMe Conference (a "party about money" blending TED-style talks with financial fun), host of the daily podcast Optimal Finance Daily, and a FIRE trailblazer. She paid off $30K in debt in 11 months, saved 60% of her income, negotiated a remote sabbatical for a 500-mile trek across Spain, and quit her corporate job to pursue meaningful work.Resources & LinksEconoMe Conference: economeconference.com– Sign up for updatesOptimal Finance Daily Podcast: Daily 10-minute episodes on personal finance – available on all major platforms.Nurturing Finance: nurturingfinance.com – Dive deeper into teaching kids financial literacy.Call to ActionLoved this episode? Share it with a parent friend who's ready to spark their kid's financial fire! Leave a review on Apple Podcasts or your favorite platform to help us grow. Subscribe for more on raising money-smart kids. Got questions? Email info@raisingfinancialfreedom.com or connect on social media via our site. Start early – your family's freedom starts now! Dollars and Sense free bundle give away! Support the show

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3181: Liz from FrugalWoods explores how small frugal habits, like DIY haircuts, trigger a compounding effect that goes beyond money, boosting self-reliance, deepening relationships, and even saving time. Her take on frugality reveals how insourcing everyday tasks can lead to long-term freedom, personal growth, and a stronger sense of capability. Read along with the original article(s) here: https://www.frugalwoods.com/2016/06/27/frugality-is-a-compounding-game/ Quotes to ponder: "We've saved a combined $2,688 thus far, and will continue to save $1,032 every single year." "Realizing that we're capable of doing things ourselves opened a door for Mr. FW and me to start performing tons of tasks on our own." "Rather than trying to stretch out the time between haircuts or use coupons or hunt down discounts, we simply removed this expense wholesale." Episode references: EconoMe Conference: https://economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3181: Liz from FrugalWoods explores how small frugal habits, like DIY haircuts, trigger a compounding effect that goes beyond money, boosting self-reliance, deepening relationships, and even saving time. Her take on frugality reveals how insourcing everyday tasks can lead to long-term freedom, personal growth, and a stronger sense of capability. Read along with the original article(s) here: https://www.frugalwoods.com/2016/06/27/frugality-is-a-compounding-game/ Quotes to ponder: "We've saved a combined $2,688 thus far, and will continue to save $1,032 every single year." "Realizing that we're capable of doing things ourselves opened a door for Mr. FW and me to start performing tons of tasks on our own." "Rather than trying to stretch out the time between haircuts or use coupons or hunt down discounts, we simply removed this expense wholesale." Episode references: EconoMe Conference: https://economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3181: Liz from FrugalWoods explores how small frugal habits, like DIY haircuts, trigger a compounding effect that goes beyond money, boosting self-reliance, deepening relationships, and even saving time. Her take on frugality reveals how insourcing everyday tasks can lead to long-term freedom, personal growth, and a stronger sense of capability. Read along with the original article(s) here: https://www.frugalwoods.com/2016/06/27/frugality-is-a-compounding-game/ Quotes to ponder: "We've saved a combined $2,688 thus far, and will continue to save $1,032 every single year." "Realizing that we're capable of doing things ourselves opened a door for Mr. FW and me to start performing tons of tasks on our own." "Rather than trying to stretch out the time between haircuts or use coupons or hunt down discounts, we simply removed this expense wholesale." Episode references: EconoMe Conference: https://economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

The path to FIRE (financial independence, retire early) isn't easy. You're working a lot, saving a lot, all while seeing many of your friends out traveling, buying new cars and bigger homes, leaving you feeling isolated on the path to early retirement. But it doesn't have to be that way. There are FIRE freaks, just like you, all over the country, and before you quit the path to FIRE and start spending to impress your friends, we have a crucial piece of advice: find your FIRE community! Mindy and Carl just came back from the EconoMe Conference, a three-day celebration of those chasing financial independence and early retirement, where you can meet new FI friends and rediscover why you're after FIRE in the first place. But you DON'T have to wait until next year to go to a FIRE event; we're sharing exactly how to find your FIRE tribe today. Attending these events was one of the—if not THE—single most impactful parts of Mindy and Carl's journey to early retirement as they often unlock new FIRE strategies you didn't know were possible, allow you to grind side-by-side with FIRE-minded people just like you, and give you a sense of strong community that's behind you EVERY step of the way, even during life after FIRE! Do NOT skip out on this, or you could risk your FIRE! In This Episode We Cover The #1 way to stay motivated while on the path to financial freedom  The best big and small FIRE events to attend this year and next  What to do if you're introverted and struggle at live events with many people  How to find your local FI meetup so you can make new FI friends  Want to meet Mindy and Carl in person? We're sharing how you can! And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-627 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3029: Doc G reflects on how he avoided financial missteps despite never receiving formal financial education. Growing up in a household where his parents modeled financial intelligence through frugality, strategic investing, and entrepreneurship, he absorbed valuable money habits without realizing it. Now, as he raises his own children, he aims to pass down not only the habits but also the financial knowledge that can empower them for life. Read along with the original article(s) here: https://www.earnandinvest.com/blog/why-im-not-a-financial-moron Quotes to ponder: "They paved the way with good habits, frugality, and an appetite for risk taking." "I'm pretty sure that my parents saved at least fifty percent of their income for most of their careers." "I can't remember a single thing I purchased throughout childhood. But I sure do remember those trips." Episode references: EconoMe Conference: https://economeconference.com The White Coat Investor: https://www.whitecoatinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3029: Doc G reflects on how he avoided financial missteps despite never receiving formal financial education. Growing up in a household where his parents modeled financial intelligence through frugality, strategic investing, and entrepreneurship, he absorbed valuable money habits without realizing it. Now, as he raises his own children, he aims to pass down not only the habits but also the financial knowledge that can empower them for life. Read along with the original article(s) here: https://www.earnandinvest.com/blog/why-im-not-a-financial-moron Quotes to ponder: "They paved the way with good habits, frugality, and an appetite for risk taking." "I'm pretty sure that my parents saved at least fifty percent of their income for most of their careers." "I can't remember a single thing I purchased throughout childhood. But I sure do remember those trips." Episode references: EconoMe Conference: https://economeconference.com The White Coat Investor: https://www.whitecoatinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3029: Doc G reflects on how he avoided financial missteps despite never receiving formal financial education. Growing up in a household where his parents modeled financial intelligence through frugality, strategic investing, and entrepreneurship, he absorbed valuable money habits without realizing it. Now, as he raises his own children, he aims to pass down not only the habits but also the financial knowledge that can empower them for life. Read along with the original article(s) here: https://www.earnandinvest.com/blog/why-im-not-a-financial-moron Quotes to ponder: "They paved the way with good habits, frugality, and an appetite for risk taking." "I'm pretty sure that my parents saved at least fifty percent of their income for most of their careers." "I can't remember a single thing I purchased throughout childhood. But I sure do remember those trips." Episode references: EconoMe Conference: https://economeconference.com The White Coat Investor: https://www.whitecoatinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3023: Early retirement enthusiasts often base their plans on the 4% rule, but Jillian Johnsrud highlights the emotional and psychological challenges this approach can create. By exploring how transitions like leaving work can disrupt the satisfaction of earning and saving, Jillian advocates for a more personalized and flexible approach to financial independence. Her insights empower listeners to design retirement strategies that align with their values and happiness, instead of rigid formulas. Read along with the original article(s) here: https://www.jillianjohnsrud.com/trouble-with-the-4-rule/ Quotes to ponder: "A plan that felt a little more palatable when the time comes to leave your 9-5 job." "Transitions deregulate us. Every time." "You can have 100% confidence in the 4% rule and still not enjoy pulling out 4% a year." Episode references: Tickets to EconoMe Conference: https://economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3023: Early retirement enthusiasts often base their plans on the 4% rule, but Jillian Johnsrud highlights the emotional and psychological challenges this approach can create. By exploring how transitions like leaving work can disrupt the satisfaction of earning and saving, Jillian advocates for a more personalized and flexible approach to financial independence. Her insights empower listeners to design retirement strategies that align with their values and happiness, instead of rigid formulas. Read along with the original article(s) here: https://www.jillianjohnsrud.com/trouble-with-the-4-rule/ Quotes to ponder: "A plan that felt a little more palatable when the time comes to leave your 9-5 job." "Transitions deregulate us. Every time." "You can have 100% confidence in the 4% rule and still not enjoy pulling out 4% a year." Episode references: Tickets to EconoMe Conference: https://economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3023: Early retirement enthusiasts often base their plans on the 4% rule, but Jillian Johnsrud highlights the emotional and psychological challenges this approach can create. By exploring how transitions like leaving work can disrupt the satisfaction of earning and saving, Jillian advocates for a more personalized and flexible approach to financial independence. Her insights empower listeners to design retirement strategies that align with their values and happiness, instead of rigid formulas. Read along with the original article(s) here: https://www.jillianjohnsrud.com/trouble-with-the-4-rule/ Quotes to ponder: "A plan that felt a little more palatable when the time comes to leave your 9-5 job." "Transitions deregulate us. Every time." "You can have 100% confidence in the 4% rule and still not enjoy pulling out 4% a year." Episode references: Tickets to EconoMe Conference: https://economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2984: Steven Keys simplifies the complex world of credit cards, offering an easy, stress-free strategy to maximize rewards and boost credit scores. By paying balances in full each month and choosing no-fee, cash-back cards, you can profit from rewards programs without falling into debt traps. Read along with the original article(s) here: https://www.tripofalifestyle.com/money/guide-to-credit-cards/ Quotes to ponder: "Credit cards aren't evil, scary, or complex, but using them correctly does require you to know a few facts that most people are never told." "Just pay your statement balance in full every single month no exceptions." "You should charge literally everything you buy on your credit card, to maximize the rewards." Episode references: EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2984: Steven Keys simplifies the complex world of credit cards, offering an easy, stress-free strategy to maximize rewards and boost credit scores. By paying balances in full each month and choosing no-fee, cash-back cards, you can profit from rewards programs without falling into debt traps. Read along with the original article(s) here: https://www.tripofalifestyle.com/money/guide-to-credit-cards/ Quotes to ponder: "Credit cards aren't evil, scary, or complex, but using them correctly does require you to know a few facts that most people are never told." "Just pay your statement balance in full every single month no exceptions." "You should charge literally everything you buy on your credit card, to maximize the rewards." Episode references: EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2984: Steven Keys simplifies the complex world of credit cards, offering an easy, stress-free strategy to maximize rewards and boost credit scores. By paying balances in full each month and choosing no-fee, cash-back cards, you can profit from rewards programs without falling into debt traps. Read along with the original article(s) here: https://www.tripofalifestyle.com/money/guide-to-credit-cards/ Quotes to ponder: "Credit cards aren't evil, scary, or complex, but using them correctly does require you to know a few facts that most people are never told." "Just pay your statement balance in full every single month no exceptions." "You should charge literally everything you buy on your credit card, to maximize the rewards." Episode references: EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2981: Kiersten Saunders shares her perspective on embracing passive investing as a deliberate choice rooted in simplicity, lower costs, and long-term growth. By prioritizing buy-and-hold strategies for real estate and index funds for stocks, she highlights the benefits of transparency, reduced tax burdens, and financial freedom. Her reflections challenge the cultural emphasis on overworking, advocating instead for trust in time and patience to achieve lasting financial independence. Read along with the original article(s) here: https://richandregular.com/what-it-means-to-be-a-passive-investor/ Quotes to ponder: "Passive isn't a lack of effort, it's a choice to direct your energy toward what matters most." "I had to learn the difference between confidence and competence." "If I perceive time as something to be feared, everything that requires it will be seen as a problem." Episode references: EconoMe Conference: https://economeconference.com The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2981: Kiersten Saunders shares her perspective on embracing passive investing as a deliberate choice rooted in simplicity, lower costs, and long-term growth. By prioritizing buy-and-hold strategies for real estate and index funds for stocks, she highlights the benefits of transparency, reduced tax burdens, and financial freedom. Her reflections challenge the cultural emphasis on overworking, advocating instead for trust in time and patience to achieve lasting financial independence. Read along with the original article(s) here: https://richandregular.com/what-it-means-to-be-a-passive-investor/ Quotes to ponder: "Passive isn't a lack of effort, it's a choice to direct your energy toward what matters most." "I had to learn the difference between confidence and competence." "If I perceive time as something to be feared, everything that requires it will be seen as a problem." Episode references: EconoMe Conference: https://economeconference.com The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2981: Kiersten Saunders shares her perspective on embracing passive investing as a deliberate choice rooted in simplicity, lower costs, and long-term growth. By prioritizing buy-and-hold strategies for real estate and index funds for stocks, she highlights the benefits of transparency, reduced tax burdens, and financial freedom. Her reflections challenge the cultural emphasis on overworking, advocating instead for trust in time and patience to achieve lasting financial independence. Read along with the original article(s) here: https://richandregular.com/what-it-means-to-be-a-passive-investor/ Quotes to ponder: "Passive isn't a lack of effort, it's a choice to direct your energy toward what matters most." "I had to learn the difference between confidence and competence." "If I perceive time as something to be feared, everything that requires it will be seen as a problem." Episode references: EconoMe Conference: https://economeconference.com The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2774: Joshua Becker explores why money remains a significant source of stress despite being an amoral tool for trade. He identifies two primary causes: the constant desire for more money, which can lead to endless dissatisfaction, and the habit of spending beyond one's means, driven by consumerism. Demystifying these root causes and developing a sense of "enough" can help alleviate financial anxiety and promote peace of mind. Read along with the original article(s) here: https://www.becomingminimalist.com/money-stress/ Quotes to ponder: "Money, by its nature, retains no moral or immoral attributes. It only makes trading goods more convenient." "Those who love money can never be satisfied. They will never own enough." "A simplified life is not possible if money possesses you." Episode references: EconoMe Conference: https://economeconference.com The Journey to Enough by Rose Lounsbury: https://www.youtube.com/watch?v=iZMi46kQww8 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2774: Joshua Becker explores why money remains a significant source of stress despite being an amoral tool for trade. He identifies two primary causes: the constant desire for more money, which can lead to endless dissatisfaction, and the habit of spending beyond one's means, driven by consumerism. Demystifying these root causes and developing a sense of "enough" can help alleviate financial anxiety and promote peace of mind. Read along with the original article(s) here: https://www.becomingminimalist.com/money-stress/ Quotes to ponder: "Money, by its nature, retains no moral or immoral attributes. It only makes trading goods more convenient." "Those who love money can never be satisfied. They will never own enough." "A simplified life is not possible if money possesses you." Episode references: EconoMe Conference: https://economeconference.com The Journey to Enough by Rose Lounsbury: https://www.youtube.com/watch?v=iZMi46kQww8 Learn more about your ad choices. Visit megaphone.fm/adchoices

Who wouldn't pursue financial independence and early retirement (aka FIRE)? The path to get there includes frugality and investing. But what happens when you hit the “number?” And are there more realistic ways of getting the benefits of FIRE? [Episode 70] Learn more about Diania: Diania's LinkedIn: https://www.linkedin.com/in/dianiamerriam/ EconoMe Conference: https://economeconference.com/our-schedule/ References from the show: CNBC article: This 35-year-old has a net worth of $470,000... https://www.cnbc.com/2022/09/22/diania-merriam-semi-retired-in-her-30s-now-she-works-7point5-hours-per-week.html NYT article: Your Neighbors are Retiring in their 30s. Why can't you?https://www.nytimes.com/2024/05/07/magazine/retire-early-saving.html  Why do people hate on financial independence and early retirement (aka FIRE): https://radreads.co/why-do-people-hate-on-financial-independence-and-early-retirement-aka-fire/ The dubious promise of financial independence: https://radreads.co/the-dubious-promise-of-financial-independence/ —-JOIN OUR GROUP COACHING COHORTS:Are you looking to ask deep, introspective and provocative questions about your own life (with Khe and likeminded peers)⁠⁠⁠⁠⁠Apply today⁠⁠⁠⁠⁠—-BECOME A RADREADER: ⁠⁠⁠⁠⁠Join 50,000+ ambitious professionals⁠⁠⁠⁠⁠ for our weekly essays on productivity, money and career.⁠⁠⁠⁠⁠

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2817: Philip Dancy's insightful pieces on distinguishing "wants" from "needs" and the importance of emergency funds provide practical advice for financial health. By understanding and prioritizing true needs, you can effectively manage your budget and savings, ensuring you're prepared for unexpected expenses while still enjoying life's pleasures. Read along with the original article(s) here: https://dancywithmoney.com/blog/prioritizing-wants-vs-needs & https://dancywithmoney.com/blog/how-to-start-an-emergency-fund Quotes to ponder: "A 'want' is an item or experience that brings you a level of satisfaction that you feel you can't live without...but you really can!" "By taking on unnecessary debt, there is a big chance you may fall into the debt cycle." "It took me almost two years to get my emergency savings to 6 months." Episode references: EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2817: Philip Dancy's insightful pieces on distinguishing "wants" from "needs" and the importance of emergency funds provide practical advice for financial health. By understanding and prioritizing true needs, you can effectively manage your budget and savings, ensuring you're prepared for unexpected expenses while still enjoying life's pleasures. Read along with the original article(s) here: https://dancywithmoney.com/blog/prioritizing-wants-vs-needs & https://dancywithmoney.com/blog/how-to-start-an-emergency-fund Quotes to ponder: "A 'want' is an item or experience that brings you a level of satisfaction that you feel you can't live without...but you really can!" "By taking on unnecessary debt, there is a big chance you may fall into the debt cycle." "It took me almost two years to get my emergency savings to 6 months." Episode references: EconoMe Conference: https://www.economeconference.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode: courage from community, what to do next, overwhelm, finding community, and the evolution of FI. Live from the EconoMe Conference in Cincinati Ohio, Brad is joined by Jordan "Doc G" Grumet and a room full of passionate members of our community to discuss finding the courage to take action in your FI journey. While we understand money can be a north-star for many early in your venture towards FI, what happens once money is no longer the root of your goals? Where do you shift your focus to next? Well, sometimes finding answers to these questions is a little easier when you have help from some of your friends. Listen along as Jordan, Brad and our community speculate on their ideas for what their next steps are. Doc G: Website: earnandinvest.com Podcast: The Earn and Invest Podcast Timestamps: 0:41 - Introduction 1:41 - Courage From Community 7:40 - Roger and What To Do Next? 20:31 - Allison and Finding Community 30:15 - What/Where is the Overwhelm 34:49 - The Evolution of FI/Being The Change You Want To See 41:11 - Reconciling With Social Responsibilities 44:34 - Charitable Giving 47:21 - Interacting Outside of The Community 51:55 - Conclusion Resources Mentioned In Today's Episode: Retire Often FI Freedom Retreat Mr Money Mustache CampFI FinCon "Die With Zero: Getting All You Can from Your Money and Your Life" by Bill Perkins Josh Overmeyer EconoMe Alan Donegan Find Your Local ChooseFI Group Effective Giving for the FI Community | Rebecca Herbst & Jack Lewars | ChooseFI Ep 483 Subscribe to The FI Weekly! More Helpful Links and FI Resources: Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family's Essential Info (code ‘CHOOSEFI' for 20% off) Student Loan Planner: Custom Consult (with $100 Discount) Get a cheaper phone plan with Mint Mobile

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2699: Nick Maggiulli's article, "Your Greatest Asset is YOU," reveals that the most valuable financial asset you possess isn't your bank account or investments, but rather your human capital. When wisely managed and invested, this wealth of personal skills and knowledge can yield greater long-term financial returns than traditional investments. Read along with the original article(s) here: https://ofdollarsanddata.com/your-greatest-asset-is-you/ Quotes to ponder: "Your human capital can be considered an asset that you use to earn money." "Each year you work reduces the present value of your human capital." "By saving and investing, you are rebuilding yourself as a financial asset equivalent that can provide you with income when you no longer work." Episode references: The EconoMe Conference: https://www.economeconference.com Mental Health and Wealth podcast: https://mentalhealthandwealth.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This is a live podcast, a joint collaboration between E&I and ChooseFI, where we discuss how to have the courage to take action when we know what we want. Brad Barrett and I interview two conference attendees about what is holding them back. Plus a bonus question and answer segment at the end. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we review why we are here and then answer emails from Paulo, Paul G, and Carlos.  We discuss our recent trip to the EconoMe Conference, Paulo's portfolio ideas, the plague of being unable to spend money that afflicts most popular personal finance personalities, Mark's Money Mind (a new podcast), why the Simplicity Principle should not override the Holy Grail and other investing principles, and investing from emerging market countries.Links:Mark's Money Mind podcast (YouTube version):  The Financial Speedometer: Tracking Your Income & Expenses | Episode 004 (youtube.com)Paul G's Golden Butterfly analyses:  https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=2lyVPkZFRfTEgVF8cZIAe5Shannon's Demon and Rebalancing Article:  Unexpected Returns: Shannon's Demon & the Rebalancing Bonus – Portfolio ChartsCarlos' Article re Emerging Markets:  Safe withdrawal rates from retirement savings for residents of emerging market countries (repec.org)Support the show

In this episode we answer emails from Ed, Jesse and Kyle.  We discuss TMF and leverage in bond funds (and gambling problems), my recent ranting in Episode 321 and Ray Dalio's limitations and foibles, and my musings on guinea pigs and our recent trip to Peru.  It's action packed!And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.And add a note about the upcoming EconoMe Conference.Additional links:TMF web-page with holdings:  20+ Year Treasury Bull and Bear 3X ETFs | TMF TMV | DirexionPortfolio Visualizer TMF vs. TLT vs. ZROZ Analysis:  https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=7aqdp6fzBF4NWiP8rUdH9mClaude Shannon's Demon Article:  Unexpected Returns: Shannon's Demon & the Rebalancing Bonus – Portfolio ChartsFather McKenna Center:  Home - Father McKenna CenterEconoMe Conference Speakers:  Our Speakers - EconoMe (economeconference.com)Support the show

What role does spending money play in your life: as a tool to live a better life or a yardstick of status to measure yourself against others? Our roundtable discussion centers around this, as we're lucky to be joined by the dynamic duo Kitty and Piggy from the award-winning Bitches Get Riches podcast and blog. They join up with OG and Len Penzo to form the roundtable for this epic episode. Joe's mom's cousin Diania Merriam, founder of the EconoMe Conference, takes over MC duties for Neighbor Doug.In the second half of the roundtable discussion, sponsored by DepositAccounts.com, we dig into each of our contributors' favorite entry on Morgan Housel's list.Stick around for the next installment of our year-long trivia contest. Diania brings a Gillian's Island-themed trivia to our panel. Will the Bitches use their advantage in numbers to take home the W for Paula? Will Len's first-hand knowledge of Gillian's Island, having actually been around for the pilot episode, give him the upper hand, or will OG use his superior financial planning skills to bring home the W?FULL SHOW NOTES: https://www.stackingbenjamins.com/kitty-piggy-roundtable-1487Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What role does spending money play in your life: as a tool to live a better life or a yardstick of status to measure yourself against others? Our roundtable discussion centers around this, as we're lucky to be joined by the dynamic duo Kitty and Piggy from the award-winning Bitches Get Riches podcast and blog. They join up with OG and Len Penzo to form the roundtable for this epic episode. Joe's mom's cousin Diania Merriam, founder of the EconoMe Conference, takes over MC duties for Neighbor Doug. In the second half of the roundtable discussion, sponsored by DepositAccounts.com, we dig into each of our contributors' favorite entry on Morgan Housel's list. Stick around for the next installment of our year-long trivia contest. Diania brings a Gillian's Island-themed trivia to our panel. Will the Bitches use their advantage in numbers to take home the W for Paula? Will Len's first-hand knowledge of Gillian's Island, having actually been around for the pilot episode, give him the upper hand, or will OG use his superior financial planning skills to bring home the W? FULL SHOW NOTES: https://www.stackingbenjamins.com/kitty-piggy-roundtable-1487 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode we answer emails from Richard, Andrew and Drew.  We discuss the now much-maligned Cederburg paper (again) and listen to Cliff Asness flog it, Jerry Parker's new managed futures ETF, TFPN and guidelines for making portfolio shifts.And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.And add a note about the upcoming EconoMe Conference.Additional links:Cliff Asness Commentary About the Cederburg Paper:  Why Not 100% Equities (aqr.com)BankerOnWheels Article About the Cederburg Paper:  Should You Invest 100% In Equities? (bankeronwheels.com)Tommy Boy Clip:  Tommy Boy (8/10) Movie CLIP - Housekeeping (1995) HD (youtube.com)Jerry Parker on podcast about TFPN:  TTU145: Jerry Parker, Founder of Chesapeake Capital (toptradersunplugged.com)TFPN Webpage:  Trend Following ETF | Blueprint Fund Management (tfpnetf.com)EconoMe Conference:  EconoMe Conference - March 15th-17th, 2024Support the show

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2627: In "Rich As I Say, Not As I Do," Nick Maggiulli explores the paradox of personal finance experts who amass wealth not through their own advice but through marketing their wisdom to others. Maggiulli delves into the issue of credibility in the financial advice industry, questioning the authenticity and effectiveness of advice from those who haven't applied it to their own financial growth. Read along with the original article(s) here: https://ofdollarsanddata.com/rich-as-i-say-not-as-i-do/ Quotes to ponder: "Just invest properly and enjoy your life." "The mental havoc of 'you should always be grinding' isn't worth it." Episode references: The EconoMe Conference: https://economeconference.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Love is in the air! Today we're talking about relationships with two fantastic people - our guest of honor today is the host of the Optimal Finance Daily podcast and also the woman behind the EconoMe Conference, Diania Merriam. Diania and Joe talk about relationships, money, and that the whole idea of "relationship" doesn't start where many people think it does. We especially focus on money's role in a relationship and how focusing on the wrong aspects of "love" can end up helping out OUT of a relationship instead of getting closer with your "soulmate." Before that we have some fun talking about investing strategies with guest co-host, comedian Paul Ollinger. Paul rides along with Joe, OG, and Doug through a fun discussion on the fact that advisors are getting away from "boring" allocations of exchange traded funds and instead moving to separately managed accounts. What IS a separately managed account and why would an advisor do that? We get NERDY on today's show and shine a light in an area that advisors may not want you to look. Of course, we take a call for help from a Stacker AND Doug regales us with his amazing trivia, which we're sure you'll LOVE. FULL SHOW NOTES: https://www.stackingbenjamins.com/2024-econome-conference-diania-merriam-1477 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Grab some candles and cuddle up with a loved one for this one! It's an epic episode! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Love is in the air! Today we're talking about relationships with two fantastic people - our guest of honor today is the host of the Optimal Finance Daily podcast and also the woman behind the EconoMe Conference, Diania Merriam. Diania and Joe talk about relationships, money, and that the whole idea of "relationship" doesn't start where many people think it does. We especially focus on money's role in a relationship and how focusing on the wrong aspects of "love" can end up helping out OUT of a relationship instead of getting closer with your "soulmate."Before that we have some fun talking about investing strategies with guest co-host, comedian Paul Ollinger. Paul rides along with Joe, OG, and Doug through a fun discussion on the fact that advisors are getting away from "boring" allocations of exchange traded funds and instead moving to separately managed accounts. What IS a separately managed account and why would an advisor do that? We get NERDY on today's show and shine a light in an area that advisors may not want you to look.Of course, we take a call for help from a Stacker AND Doug regales us with his amazing trivia, which we're sure you'll LOVE.FULL SHOW NOTES: https://www.stackingbenjamins.com/2024-econome-conference-diania-merriam-1477Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201Grab some candles and cuddle up with a loved one for this one! It's an epic episode! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2605: Annie Raser-Rowland, featured on BecomingMinimalist.com, challenges the traditional views of luxury and indulgence in "An Introduction to Frugal Hedonism." She advocates for a lifestyle that embraces minimalism and self-reliance, finding joy and freedom in simpler, less materialistic choices. Read along with the original article(s) here: https://www.becomingminimalist.com/frugal-hedonism/ Quotes to ponder: "A Frugal Hedonist declares that it's ridiculous to suffer from the living being too good, and looks for the sweet spot." Episode references: The Art of Frugal Hedonism: A Guide to Spending Less While Enjoying Everything More: https://www.frugalhedonism.com/ EconoMe Conference: https://economeconference.com/ (use the code OFD for a 10% discount) Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we answer emails from Mr. Klingon, Bob, MyContactInfo, and Ralph.  We discuss the Macro-Allocation Principle and Accumulation Portfolios, using a value-tilt for decumulation, the ins and outs of Monte Carlo simulations, Dr. Who and using gold in an accumulation portfolio.And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:Monte Carlo Analysis of 80/20 Portfolio on Portfolio Visualizer:  Monte Carlo Simulation (portfoliovisualizer.com)Monte Carlo Analysis of Diversified Retirement Portfolio:  Monte Carlo Simulation (portfoliovisualizer.com)EconoMe Conference (code "riskparityradio" to save 10%):  EconoMe Conference - March 15th-17th, 2024Support the show

Join us in a thought-provoking conversation with Diania Merriam of the Econome Conference, Jessica from the Fioneers, and Leif Dahleen from the Physician on FIRE as we delve into the pressing question of whether the financial independence community has veered towards elitism. Together, we explore the criticisms surrounding the rising costs of conferences and ponder whether the fundamental principles of frugality are being overshadowed by a quest for exclusivity. #FinancialIndependence #FICommunity #FrugalityRevival #MoneyMatters #EconomeConference #FioneersPodcast #PhysicianOnFIRE #WealthMindset #DeconstructingFI #FinancialWellness Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we answer emails from Kyle, Andy, Eric and Bluto.  We discuss datasets at Portfolio Visualizer, guidelines for making allocation changes in a portfolio generallly and with managed futures, managed futures funds DBMF, KMLM and CTA and distribution issues, and EconoMe Conference 2024.And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:Father McKenna Center Donation Page:  Donate - Father McKenna CenterKyle's First Portfolio Visualizer Link:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Kyle's Second Portfolio Visualizer Link:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Kyle's CASHX PV Link:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)ETF Database -- Managed Futures Funds:  Managed Futures ETF List (etfdb.com)Simplify ETFs Distribution List (CTA and others):  Simplify Provides Estimated Capital Gain Distribution Information for 2023 | Simplify EconoMe Conference -- Use Code "riskparityradio" for 10% discount:  EconoMe Conference - March 15th-17th, 2024Support the show

In this episode we answer emails from Jenzo, Priah and Matt.  We discuss a levered portfolio and tracking errors, the limitation of Scott Cederburg's latest academic paper, bootstrapping -- what it is and how it works --,  what "blend" means in factor-speak, and some pitfalls with Portfolio Visualizer's datasets,And also the upcoming EconoMe Conference in March 2024 with a discount code for our listeners, "riskparityradio":Links:EconoMe Conference:  EconoMe Conference - March 15th-17th, 2024Academic Paper Critical of Lifecycle Investment Advice:  delivery.php (ssrn.com)Rational Reminder Podcast re same paper:  Lifecycle Asset Allocation, and Retiring Successfully with Justin King | Rational Reminder 281 - YouTubePortfolio Visualizer Documentation:  Portfolio Visualizer DocumentationMatt's First Montecarlo Analysis:  Monte Carlo Simulation (portfoliovisualizer.com)Matt's Second Montecarlo Analysis:  Monte Carlo Simulation (portfoliovisualizer.com)Modifying Matt's Analysis to Account for Earlier Data: Monte Carlo Simulation (portfoliovisualizer.com)Father McKenna Center Donation Page:  Donate - Father McKenna CenterFather McKenna Center Charity Navigator Rating:  Charity Navigator - Rating for Father McKenna Center Inc.Support the show

In this episode: community, structuring FI events, unstructured time, the energy in the room, and vulnerability. We all know that the online FI community can help you along the journey in a variety of ways, but the abundance and ease of access to that community can lead to us forgetting the impact live FI events can have on your life. Our Guests Stephen, Amy, and Diania from CampFI, FI Freedom Retreats, and The EconoMe Conference respectively can attest to the power of in-person communities as they are the ones who work so hard to put them together! Together with Brad, the foursome talk about the different benefits that can come as a result of joining these conferences, and how “the energy in the room” can help you find value and take in information in ways you never thought possible! Amy, Diania, and Stephen: Stephen (CampFI): campfi.org Diania (EconoMe Conference): economeconference.com (10% off using code "choosefi") Amy (FI Freedom Retreat): fifreedomretreats.com Timestamps: 1:04 – Knowing Versus Doing/The Benefit of Events 8:32 – What Can Be Achieved Through Community 14:02 – Being Vulnerable/The Effect of Multiple Days 22:33 – The Evolution of FI Events 31:23  – Structuring FI Events/The Energy in the Room 43:00 – Attendees Finding Value 51:10 – Conclusion Resources Mentioned In Today's Episode: Stacking Benjamins Find Your Local ChooseFI Group Join ChooseFI's Facebook Group Subscribe to The FI Weekly! More Helpful Links and FI Resources: Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family's Essential Info (code ‘CHOOSEFI' for 20% off) Student Loan Planner: Custom Consult (with $100 Discount)

How much is too much of a good thing? How do we achieve the optimal balance between the two extremes of cheapskate and YOLO? Joining us for this extreme discussion we welcome the founder of the EconoME Conference and Doug's ex-girlfriend, Diania Merriman; Doc G from our sister show, the Earn & Invest Podcast, and writer extraordinaire, Paulette Perhach. They'll discuss what makes for extreme saving and extreme spending.In the second half of this extreme roundtable discussion, we talk about how to find the right balance between the two extremes, based on your priorities and goals in life.Finally, stick around for Doug's extreme sports-themed trivia! With all three of our regular contributors MIA, who will walk away with the W as we enter the second week of the fourth quarter?FULL SHOW NOTES: https://www.stackingbenjamins.com/friday-roundtable-extremes-diania-merriam-1421/Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How much is too much of a good thing? How do we achieve the optimal balance between the two extremes of cheapskate and YOLO? Joining us for this extreme discussion we welcome the founder of the EconoME Conference and Doug's ex-girlfriend, Diania Merriman; Doc G from our sister show, the Earn & Invest Podcast, and writer extraordinaire, Paulette Perhach. They'll discuss what makes for extreme saving and extreme spending. In the second half of this extreme roundtable discussion, we talk about how to find the right balance between the two extremes, based on your priorities and goals in life. Finally, stick around for Doug's extreme sports-themed trivia! With all three of our regular contributors MIA, who will walk away with the W as we enter the second week of the fourth quarter? FULL SHOW NOTES: https://www.stackingbenjamins.com/friday-roundtable-extremes-diania-merriam-1421/ Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices