Podcasts about just keep buying

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Best podcasts about just keep buying

Latest podcast episodes about just keep buying

All the Hacks
The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life with Nick Maggiulli

All the Hacks

Play Episode Listen Later Jun 4, 2025 55:06


#230: The Wealth Ladder is a new philosophy for thinking about money and in this episode you'll learn exactly how to handle your spending, income, investments, and more, with tailored advice for every stage. We cover strategies to boost income, spend smarter with the 0.01% rule, avoid costly financial traps, evaluate new business opportunities, and achieve financial freedom. Nick Maggiulli is a financial writer, data expert, and the COO of Ritholtz Wealth Management. He's the creator of the popular financial blog Of Dollars and Data and the author of Just Keep Buying and The Wealth Ladder. Link to Full Show Notes: https://chrishutchins.com/the-wealth-ladder-nick-maggiulli Partner Deals LMNT: Free sample pack of my favorite electrolyte drink mix Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth MasterClass: Learn from the world's best with 15% off Notion: Try Notion AI free to automate tedious tasks and streamline your work Trust & Will: Get 20% off personalized, legally binding estate plans For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Nick: X | Instagram | LinkedIn | Blog Pre Order: The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life Research Data Sources Survey of Consumer Finances (SCF) Panel Study of Income Dynamics (PSID) ATH Podcast Ep #59: Save Money, Build Wealth and Just Keep Buying with Nick Maggiulli Ep #206: The Gold Market: Strategies for Investing and Reselling with Trey Benedict Ep #213: The 5 Types of Wealth with Sahil Bloom Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@allthehacks.com Full Show Notes (00:00) Introduction (02:15) Big Misconception: Wealth vs. Income (04:43) Why You Should Think About Wealth as a Ladder (08:54) Level 1: Living Paycheck to Paycheck (11:18) How to Grow Your Income in Level 2 (14:04) What Is the 0.01% Rule? (18:43) Leveling Up from Level 3: Investing & Side Hustles (21:21) The Risk of Overspending (22:41) Nick's Research Data Sources (24:15) The Difference Between Level 3 and Level 4 (29:44) Risks People Face at Level 3 and 4 (33:40) Transitioning from Level 4 to 5 (35:56) How to Manage Lifestyle Creep (38:49) Level 5 and 6 of the Wealth Ladder (40:24) The 5 Different Types of Wealth (41:47) How Does Happiness Correlate with the Wealth Ladder? (43:47) The Average Timeline to Climb Up the Wealth Ladder (47:30) Using the 1% Rule to Evaluate Business Opportunities (50:20) Accessing Travel Freedom Through Points & Miles (52:36) Biggest Lessons Nick Learned on His Wealth Journey (53:54) The Impact of Understanding the Wealth Ladder (55:02) Where to Find Nick's Book and Other Work Connect with Chris Newsletter | Membership | X | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tamil Short Stories - Under the tree
Just Keep Buying by Nick Maggiulli - Book Summary

Tamil Short Stories - Under the tree

Play Episode Listen Later May 29, 2025 11:53


Just Keep Buying by Nick Maggiulli - Book Summary

Free Lunch
Reading Your Way (To Success!)

Free Lunch

Play Episode Listen Later Apr 23, 2025 28:22


In honour of World Book Day, Colin, Karyn, and Blair share their top finance and investing book recommendations - from timeless classics to modern favourites. Whether you are just getting started or deep into your financial journey, this episode is packed with page-turners that can help you build wealth, understand risk, and avoid common investing mistakes. Tune in and add some smart reads to your list!Here are some of our favourites if you want to add to your list!

All the Hacks
Earning Points on Taxes, Navigating Market Volatility, Stacking Deals and More

All the Hacks

Play Episode Listen Later Apr 9, 2025 45:09


#222: Discover how paying taxes with a credit card can unlock huge rewards—or even turn a profit. Chris also shares how he's handling the current market decline and shares practical tips for teaching kids about money, stacking card-linked offers, and using VPNs for big savings. Link to Full Show Notes: https://chrishutchins.com/pay-taxes-with-credit-card-2025-musings Partner Deals Facet: Personalized Financial Planning + $250 enrollment fee waived Storyworth: Share your mother's stories in a custom book (+ $10 off) Vuori: 20% off the most comfortable performance apparel I've ever worn Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth LMNT: Free sample pack of my favorite electrolyte drink mix For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Credit Cards Best Cards Page 100k Welcome Bonus Offer IRS Authorized Payment Providers: Pay1040 | ACI Payments Business Payment Platforms: Plastiq | Melio Flight Tracker: Flighty CardPointers Pro: 30% off here Rakuten: $30 bonus here Savewise: 20% off with ALLTHEHACKS20 Kudos: $20 bonus here Hyatt Offer: $100 Off Peloton NordVPN Ben Carlon's Chart: 31 Years of Stock Market Returns Wealthfront: Get $5k managed free and get a 0.5% APY boost ATH Podcast Ep #59: Save Money, Build Wealth and Just Keep Buying with Nick Maggiulli Ep #194: The Simple Path to Wealth and FU Money with JL Collins Newsletter Deals Page Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@allthehacks.com Full Show Notes (00:00) Introduction (02:20) Quick Reminder About Upcoming Tax Payments (03:39) Why and When You Should Pay Taxes on Your Credit Card (08:08) Paying Taxes on a Credit Card to Leverage Welcome Offers (09:22) How to Maximize a Credit Card Welcome Bonus of 100K (13:26) Three Tips from a Recent Trip to Colorado (18:39) A Great Way to Teach Kids About Money and Make a Profit (22:13) Stacking Offers to Get 30% Off Peloton Bikes (28:07) How to Use a VPN to Find Better Deals (29:55) Why It Might Be Cheaper to Pay with Different Currencies (31:52) The Recent U.S. Stock Market Decline (38:53) Chris' Personal Strategy for the 10% Market Drop (40:50) The Importance of Diversifying Your Portfolio (42:12) Tax Loss Harvesting and Why It's a Good Time to Consider It Connect with Chris Newsletter | Membership | X | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

ChooseFI
Breaking the Mold: How Lexi Redefined Her Financial Goals with ChooseFI | Episode 540

ChooseFI

Play Episode Listen Later Mar 31, 2025 43:33


Episode 13: Episode 279: Episode Summary: Lexi, a first-grade teacher from Las Vegas, shares her journey into personal finance, revealing how finding ChooseFI empowered her financial goals. Initially focused on homeownership, her perspective shifted during the COVID housing market boom, leading her to invest in her skills and explore high-yield savings accounts. The support of the local ChooseFI community helped optimize her retirement accounts and reshape her views on wealth and financial independence. Timestamps: 00:02:01 - Lexi's beginnings in personal finance and saving 00:04:51 - Discovering high-yield savings accounts 00:10:50 - The value of community support through ChooseFI 00:11:53 - Discussion on investing in retirement accounts 00:30:50 - The transformation in Lexi's approach to saving 00:35:07 - Lexi's reflections on passion for teaching and financial freedom 00:42:48 - Conclusion and call to action for joining local groups Key Takeaways: Homeownership Pressure: Lexi reveals how society's pressure on homeownership impacted her financial journey and how she reevaluated her goals. (00:02:45) High-Yield Savings Accounts: Discovering these accounts changed Lexi's savings approach, showcasing how money can work for her instead of just sitting idle. (00:04:51) Community Impact: Engagement with the ChooseFI local community provided valuable insights for optimizing retirement accounts and support from like-minded individuals. (00:10:50) Investment Strategies: Lexi shares her investment strategies including discussing Roth IRAs, 403(b)s, and 457 plans, stressing the importance of tax advantages. (00:11:53) Financial Awareness: Lexi emphasizes the importance of understanding fees in retirement accounts and the potential savings strategies available. (00:14:21) Pursuing Passion: Through smart financial planning, Lexi expresses her desire to remain a passionate teacher, without the burden of financial constraint. (00:35:07) Actionable Takeaways: Explore high-yield savings as a strategy to grow your savings more effectively. (00:04:51) Engage with local community resources to access valuable financial education and support. (00:10:50) Broaden financial goals beyond homeownership to include savings and investment strategies. (00:02:45) Key Quotes: “Rethinking my single aim of homeownership shifted my perspective on financial success.” (00:06:40) “My money is now working harder than I ever imagined!” (00:06:40) “If you are in public service sector, do some research; many might hold undiscovered advantages.” (00:14:21) Featured Resources: Books Discussed:  Quit Like a Millionaire book: (00:19:17) Just Keep Buying by Nick Maggiulli (00:19:39) Discussion Questions: How can community support enhance individual financial journeys? (00:10:50) What are the downsides of homeownership versus renting? (00:39:05) What alternative financial goals could one consider instead of simply owning a home? (00:02:45) Join the Community: If you haven't yet, join a local ChooseFI group to expand your financial education and network with others on similar paths. Visit ChooseFI.com/local for more information.

What's Up Next Podcast
599. Just Keep Buying (Rewind) w/ Nick Maggiulli

What's Up Next Podcast

Play Episode Listen Later Jan 30, 2025 58:10


In this eye-opening rewind episode, we dive deep into the world of personal finance rules and their validity in light of compelling data-driven insights. Join us as we explore the thought-provoking concepts presented in Nick Maggiulli's acclaimed book, "Just Keep Buying." We challenge conventional wisdom and examine how data analysis can make us question long-standing financial advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Goldmine
When to Sell Your Big Winners

The Goldmine

Play Episode Listen Later Oct 9, 2024 30:44


On episode 144 of Ask The Compound, Ben Carlson and Duncan Hill are joined by Nick Maggiulli, RWM COO and author of Just Keep Buying and Of Dollars and Data to discuss bull and bear market definitions, if small cap exposure enhances diversification, valuing a pension, knowing when to take profits, and much more! Submit your Ask The Compound questions to askthecompoundshow@gmail.com! Thanks to Rocket Money for sponsoring this episode! Visit: http://rocketmoney.com/atc and cancel your unwanted subscriptions today! The Compound x Tropical Bros: https://tropicalbros.com/products/super-stretch-the-compound-hawaiian-shirt Subscribe to The Compound Newsletter for all the latest Compound content, live event announcements, find out who the next TCAF guest is, get updates on the latest merch drops, and more! https://www.thecompoundnews.com/subscribe

All the Hacks
11 Lessons Every Investor Needs to Know with Ben Carlson

All the Hacks

Play Episode Listen Later Sep 4, 2024 58:15


#191: Grow your wealth and build a resilient portfolio by making smarter decisions with these 11 investing lessons. Financial advisor Ben Carlson and I share actionable insights on managing risk, overcoming psychological barriers in investing, and the power of simplicity and diversification to ensure long-term, fulfilling financial success. Ben Carlson is the Director of Institutional Asset Management at Ritholtz Wealth Management and the author of four books on investing and personal finance. He runs the popular blog A Wealth of Common Sense, where he shares insights on financial markets and investing strategies. Ben also co-hosts Animal Spirits, one of my favorite podcasts. Link to Full Show Notes: https://chrishutchins.com/ben-carlson-money-lessons Resources Mentioned Ben Carlson: Website | Animal Spirits Podcast | X 20 Lessons From 20 Years of Managing Money My All-Time High in Savings You Probably Need Less Money Than You Think For Retirement Wealthfront Risk Parity Fund | What is Risk Parity? JP Morgan: S&P 500 Market Concentration Chart Fractional Vacation Homes: Pacaso Paula Pant's Podcast: Afford Anything Safe Withdrawals: Free DIY Withdrawal Rate Toolbox | Safe Withdrawal Rate Series Study: Spending Habits of Retirees ATH Podcast Ep #41: Beating Inflation, Alternative Assets, and Simplifying Your Finances with Ben Carlson Ep #59: Save Money, Build Wealth and Just Keep Buying with Nick Maggiulli Ep #91: Die With Zero: Net Fulfillment Over Net Worth with Bill Perkins Ep #117: Navigating a High Rate Market: Buying a Home, Preparing for a Recession and Where to Put Cash with Ben Carlson Ep #168: Building an Investment Portfolio to Grow and Protect Your Wealth with Chris Doyl Ep #180: Stocks vs. Real Estate: What's the Best Investment to Build Wealth? Ep #186: 25 Money Rules (and When to Break Them) with Brian Feroldi Ep #189: Beyond the 4% Rule: Smarter Strategies for Financial Independence with Karsten Jeske Join our Newsletter Follow & Review on Apple Podcasts Email us for questions, tips, deals and feedback Full Show Notes (00:00) Introduction (02:30) Experience in Investing Is Not the Same as Expertise (03:24) Intelligence Doesn't Guarantee Investment Success (05:42) No One Lives Life in the Long Term (07:32) Experiences Shape Your Perception of Risk (10:12) The Biggest Risks Are Always the Same yet Different (13:29) Optimism Should Be Your Default (20:03) There Is No Such Thing as a Perfect Portfolio (22:31) Overthinking Can Be Just as Debilitating as Not Thinking at All (24:30) How to Think About a Simple Portfolio with International Exposure (26:17) Less Is More (30:17) Ways to Reduce Overthinking (32:02) Tax Loss Harvesting vs. Direct Indexing (39:02) Why Ben Wrote a Post on 20 Money Lessons (40:11) Lesson #10: There Is a Big Difference Between Rich and Wealthy (43:37) The Reason Ben and Chris Invested in Holiday Homes (48:27) What's a Reasonable Amount to Save? (51:29) You Probably Need Less Money Than You Think for Retirement (56:47) The Final Biggest Takeaway Connect with Chris Newsletter | Membership | Twitter | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

The Military Money Manual Podcast
Tips for Separating from Active Duty, Avoiding Index Universal Life Insurance (IUL), and Military Entrepreneurship with Erik Baskin #129

The Military Money Manual Podcast

Play Episode Listen Later Jun 17, 2024 41:24


For a limited time, Spencer is offering one-on-one Military Money Coaching sessions! Get your personal military money and investing questions answered in a confidential coaching call. Real-estate returns, disability insurance, time-blocking techniques, and more! Erik Baskin is a Certified Financial Planner (CFP) and Air Force veteran. He's a fee-only, fiduciary financial planner and entrepreneur.    Main points: Separating from the military and lessons learned during the transition Military veteran entrepreneurship Knowing if real estate investing is good for you IUL policies- the math doesn't work out Why it's good to invest at all-time highs Holding onto too much cash Links: BaskinFP.com https://www.baskinfp.com/ BLUFfinance Podcast https://www.baskinfp.com/podcast Personal Finance Club Detailed Review of IUL Math https://www.personalfinanceclub.com/is-iul-a-scam-yes/ Just Keep Buying book by Nick Maggiulli https://www.amazon.com/Just-Keep-Buying-Proven-wealth/dp/0857199250 Erik Baskin on LinkedIn https://www.linkedin.com/in/erikbaskin/ Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5-star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.

All the Hacks
Building an Investment Portfolio to Grow and Protect Your Wealth with Chris Doyle

All the Hacks

Play Episode Listen Later Apr 17, 2024 83:56


#168: Former portfolio manager Chris Doyle joins to discuss strategic ways to build and manage your investment portfolio. They do a deep dive on diversification, tax-award allocation, capacity and tolerance for risk, tax-loss harvesting, rebalancing and more. Chris Doyle is a Research Scientist at the Stanford Autonomous Agents Lab. He co-founded the technology startup Grove to make financial services accessible and affordable for everyone. Before that, he was an investor at a macro hedge fund and had a trading career at Barclays Capital. Link to Full Show Notes: https://allthehacks.com/investment-portfolios-chris-doyle Partner Deals Vuori: 20% off the most comfortable performance apparel I've ever worn Storyworth: Capture your Mom's stories and memories in a custom book ($10 off) Fabric: Affordable term life insurance for you and your family MasterClass: Learn from the world's best with 15% off Daffy: Free $25 to give to the charity of your choice For all our deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned Chris Doyle: LinkedIn | Website Wealthfront (Get $5k managed free and get a 0.5% APY boost) Triumph of the Optimists: 101 Years of Global Investment Returns All the Hacks Episodes #19: Becoming a Better Investor with Andy Rachleff #59: Save Money, Build Wealth and Just Keep Buying with Nick Maggiulli Full Show Notes (02:14) Important Factors to Consider Before Building a Financial Portfolio (05:54) One of the Major Mistakes Made by Retail Investors (07:50) How to Think About Financial Risk (08:33) Importance of Asset Class Diversification (13:47) How to Determine Which Asset Classes to Include (20:19) Why People Add Emerging Markets to Their Portfolio (21:15) The Argument for International Stocks (22:18) The Case For or Against Real Estate (23:41) Trading Commodity Futures (28:18) Investing in Crypto (30:52) Non-Traditional Investments (37:04) Bonds and Fixed Income Allocation (43:30) Cash Interest Rate vs. Long-Term Bond Interest Rate (46:11) How to Think About Investing (50:34) Ways to Migrate from One Portfolio to Another (54:06) The Role of Tax Rates (1:01:31) Rebalancing Portfolios (1:03:04) Tax Loss Harvesting (1:09:39) Direct Indexing (1:12:37) How Often Should You Change Your Portfolio? (1:14:50) Uninvested Cash (1:17:22) How to Pick the Right Perfect Portfolio (1:20:22) Financial Advisors: Humans vs. Software Connect with All the Hacks All the Hacks: Newsletter | Website | Membership | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Goldmine
Is It Better to Buy or Rent Right Now?

The Goldmine

Play Episode Listen Later Apr 4, 2024 31:55


On episode 118 of Ask The Compound, Ben Carlson and Duncan Hill are joined by the author of Just Keep Buying and Of Dollars and Data, Nick Maggiulli, to discuss timing asset allocation, renting vs buying real estate, optimizing your portfolio glide path, and much more! Submit your Ask The Compound questions to askthecompoundshow@gmail.com! Subscribe to The Compound Newsletter for all the latest Compound content, live event announcements, find out who the next TCAF guest is, get updates on the latest merch drops, and much more! https://www.thecompoundnews.com/subscribe

The NewsWorthy
Special Edition: The Sandwich Generation – Young Kids & Aging Parents

The NewsWorthy

Play Episode Listen Later Nov 25, 2023 19:38


Today is about the “sandwich generation.” First, we're talking logistics and emotions with parent coach and author Jaci Finneman, who shares her top advice on juggling it all while making time for yourself. Then, I'm speaking with financial expert Nick Maggiulli about a few things to keep in mind when it comes to money and caring for everyone around you. Learn more about our guests: https://www.theNewsWorthy.com/shownotes Sign-up for our bonus weekly email: https://www.theNewsWorthy.com/email Become an INSIDER for ad-free episodes: https://www.theNewsWorthy.com/insider This episode is brought to you by BetterHelp: https://www.BetterHelp.com/NEWSWORTHY This episode was also sponsored by AG1: https://www.drinkAG1.com/newsworthy To advertise on our podcast, please reach out to sales@advertisecast.com #SandwichGeneration #Caregivers #Parenting Jaci Finneman's No-Problem Parenting Podcast” Free download: "60 Ways to Respond to Your Kids Without Losing Your Cool" Nick Maggiulli's newsletter “Of Dollars and Data” His book: “Just Keep Buying”  

System Trader Show
#028: Nick Maggiulli – Just Keep Buying: proven ways to save money and build your wealth

System Trader Show

Play Episode Listen Later Nov 20, 2023 60:41


Just Keep Buying - that's what Nick Maggiulli suggests when it comes to investing in his book. And it's an excellent book because it treats investing straightforwardly and practically. Using hard data, Nick debunks myths in personal finance and investing. He answers questions, presents solutions, and gives effective ways to build wealth.https://systemtrader.show/028

The Personal Finance Podcast
The Ultimate Guide to Crafting Your Financial Education Plan

The Personal Finance Podcast

Play Episode Listen Later Oct 30, 2023 37:34


In this episode of the Personal Finance Podcast, we're going to give you the ultimate guide. To crafting your financial education plan.  How Andrew Can Help You:  Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining  Index Fund Pro! This is Andrew's course teaching you how to invest!  Watch The Master Money Youtube Channel!  Ask Andrew a question on Instagram or TikTok.  Learn how to get out of Debt by joining our Free Course  Leave Feedback or Episode Requests here.  Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at  shopify.com/pfp Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn't affect your credit score. Get started at chime.com/ Listen to Planet Money wherever you get your podcasts. Policygenius: This is where I got my term life insurance. Policygenius is made so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe.  Links Mentioned in This Episode:  Should You Buy The Dip? (Just Keep Buying) with Nick Maggiulli How to Run the Numbers When You Buy a House! (Total Cost of Ownership!) Connect With Andrew on Social Media:  Instagram  TikTok Twitter  Master Money Website  Master Money Youtube Channel   Free Guides:   The Stairway to Wealth: The Order of Operations for your Money  How to Negotiate Your Salary  The 75 Day Money Challenge  Get out Of Debt Fast  Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices

Next Gen Personal Finance
Author Nick Magiulli's Take on Personal Finance and Investing

Next Gen Personal Finance

Play Episode Listen Later Sep 27, 2023 45:01


Nick Magiulli, author of the book "Just Keep Buying" and founder of the Of Dollars and Data blog, shares his insights on personal finance, investing, and the future of financial technology. You will hear Nick's advice on building wealth over the long-term, the importance of investing early and often, and his thoughts on the latest trends in personal finance.

Millennial Investing - The Investor’s Podcast Network
MI Rewind: Just Keep Buying w/ Nicholas Maggiulli

Millennial Investing - The Investor’s Podcast Network

Play Episode Listen Later Aug 11, 2023 56:26


Robert Leonard chats with Nick Maggiulli about building additional income streams and growing income to build wealth.Nick Maggiulli is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management, where he oversees operations across the firm and provides insights on business intelligence. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro06:02 - Why many people should put more focus on growing their income to build wealth.12:10 - How one should go about building additional income streams on the side.15:46 - How using the 2x spending rule can help you eliminate guilt in making larger purchases.25:54 - Nick's thoughts on what to do with money intended to be used as an emergency fund or a home down payment.36:27 - Why dollar-cost averaging is better than trying to time the market.46:04 - Why you should reconsider maxing out your 401k if you're currently doing so.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out Nick's new book, Just Keep Buying.Check out Nick's blog, Of Dollars and Data.Related episode: Listen to MI115: Young Investors Getting Started w/ Kelly Lannan, or watch the video.Related episode: Listen to MI143: Good Money Revolution w/ Derrick Kinney, or watch the video.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of Millennial Investing get better terms by just mentioning "Millennial Investing!" Sign up and book your call with their Investor Relations Team to get started today.Support our free podcast by supporting our sponsors.Connect with Nick: Website | Twitter | LinkedIn Connect with Robert: TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What's Up Next Podcast
434. Revolutionizing Personal Finance Rules with Data: Exploring Nick Maggiulli's 'Just Keep Buying'

What's Up Next Podcast

Play Episode Listen Later Jul 3, 2023 57:08


In this eye-opening episode, we dive deep into the world of personal finance rules and their validity in light of compelling data-driven insights. Join us as we explore the thought-provoking concepts presented in Nick Maggiulli's acclaimed book, "Just Keep Buying." We challenge conventional wisdom and examine how data analysis can make us question long-standing financial advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bull - Il tuo podcast di finanza personale
15. Le 10 Regole d'oro per una pianificazione finanziaria di successo (PARTE 1)

The Bull - Il tuo podcast di finanza personale

Play Episode Listen Later Jul 2, 2023 21:31


La guida step-by-step per tutti, principianti e non, per orientarsi nel mondo della finanza personale. Se non sai da che parte girarti e vuoi conoscere le regole base per cominciare ad impostare il tuo percorso di crescita finanziaria, in questo episodio in 2 parti cerchiamo di darti tutte le coordinate per iniziare il tuo cammino nel modo giusto.Liberamente ispirato al libro di Nick Maggiuli, Just Keep Buying.Seguiteci anche su Instagram!https://instagram.com/thebull_finance?igshid=OGQ5ZDc2ODk2ZA=========================================================================#ad #ScalablecapitalPiani in ETF a ZERO Commissioni e interessi sulla liquidità del 2,6% all'anno con SCALABLE CAPITAL!Clicca sul link di seguito, per i primi 6 mesi l'account Premium è GRATIS!https://partner.scalable-capital.de/go.cgi?pid=576&wmid=126&cpid=4&prid=14&subid=&target=defaultIl link è sponsorizzato da Scalable Capital e l'Autore potrebbe percepire una commissione legata all'apertura di un account presso questo broker.=======================================================================ATTENZIONE: nessun contenuto di questo podcast deve essere inteso come una raccomandazione di investimento.La citazione di determinati ETF è a mero scopo esemplificativo e non deve essere intesa in alcun modo come una sollecitazione all'acquisto di specifici prodotti finanziari.L'autore non è un consulente finanziario e non intende presentarsi come tale.Affidatevi sempre a dei professionsti e/o assicuratevi sempre di aver compreso pienamente il funzionamento, le implicazioni e i rischi di ciascun prodotto finanziario prima di investirvi del denaro.L'autore non è inoltre collegato ad alcuna società emittente di prodotti di investimento.

The Rational Reminder Podcast
Structured Products (Plus Just Keep Buying with Nick Maggiulli) (EP.255)

The Rational Reminder Podcast

Play Episode Listen Later Jun 1, 2023 68:48


Structured products can offer unique investment opportunities and customization but also come with risks and complexities. It is vital to thoroughly understand the product's structure, risks, and potential returns before investing. In this episode, we delve into the value of structured products and recap a past episode about the philosophy of money before continuing our focus on reading and finance by diving into the book, Just Keep Buying by Nick Maggiulli. Nick is a highly regarded author known for his insightful and engaging works on finance and investing. With a passion for demystifying complex financial concepts, Nick has earned a reputation for his ability to present information in a clear and accessible manner. His ability to blend storytelling with data-driven insights made his articles immensely popular among readers of all backgrounds. We discuss the pros and cons of financial products, why investors prefer them, the dark side of structured products, and what investors need to avoid. We recap a past episode with Barry Ritholtz about the philosophy of money and the main takeaways from our conversation with him. Then, we delve into Just Keep Buying and the invaluable lessons and uncover hidden gems it offers readers before speaking to Nick about savings and investing. We discuss the best strategies for investing, how to spend your money comfortably, why you should never wait for the markets to dip, and much more. To learn everything about structured products and valuable insights about saving and investing, tune in now.    Key Points From This Episode:   •    Learn about structured products and what they offer investors. (0:03:12) •    Why structured products can be a problem for investors. (0:07:00) •    We discuss whether the pricing of structured financial products is fair. (0:12:05) •    How financial institutions use complexity to exploit uninformed investors. (0:14:51) •    Outline of key findings from research conducted on structured financial products. (0:17:47) •    The behavioural aspect of structured products and why investors prefer them. (0:22:20) •    A recap of the main takeaways from our interview with Barry Ritholtz. (0:26:10) •    This week's book review of Just Keep Buying. (0:28:54) •    Nick explains the difference between saving and investing. (0:32:54) •    A comparison of just keep buying and dollar cost averaging strategies. (0:35:21) •    Whether people should wait for a dip in the market before investing. (0:37:23) •    Why you do not need as much savings as you think you need. (0:39:04) •    What the biggest lie is regarding personal finance. (0:42:29) •    Find out how to spend your money guilt-free. (0:44:13) •    He unpacks what comes after the just keep buying strategy, and how to be comfortable spending more in retirement. (0:46:48) •    Financial advice that Nick has for listeners. (0:51:03) •    The aftershow: upcoming guests, feedback about the show, and more. (0:53:59) 

My Worst Investment Ever Podcast
Nick Maggiulli – Don't Buy Individual Stocks

My Worst Investment Ever Podcast

Play Episode Listen Later Apr 23, 2023 27:54


BIO: Nick Maggiulli is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management, where he oversees operations across the firm and provides insights on business intelligence.STORY: Nick invested in a stock he wasn't familiar with just because his friends were doing it. He suffered a 78% loss.LEARNING: Don't buy individual stocks. Trust your gut. “If you're going to gamble, just wager less.”Nick Maggiulli Guest profileNick Maggiulli is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management, where he oversees operations across the firm and provides insights on business intelligence. He is also the author of OfDollarsAndData.com, a blog focused on the intersection of data and personal finance. His work has been featured in The Wall Street Journal, CNBC, and The Los Angeles Times. Nick graduated from Stanford University with a degree in Economics and currently resides in New York City.Worst investment everIt was the summer of 2021, and Nick was having a great night with some friends. One of his buddies, who's pretty good at stock picking, told the group about this new exciting stock called Matterport (MTTR). Matterport is a virtual reality software that allows you to do 3D imaging of a room.Up until this point, Nick had primarily been a passive investor. The friend convinced the group to invest in Matterport, saying it would be big. Nick put in about 1% of his net worth. The group didn't do much research. They just discussed the stock in a group chat for a day or two. They didn't pay attention to it anymore.Over the next few months, the stock starts going up. Nick got excited about the surprising stock performance. He happened to attend an art show in New York. Coincidentally, the gallery was using Matterport to give a tour of their art venues. This was so wild and got Nick even more excited.The stock kept going up, and by November 2021, it had doubled. Nick bought it for $15, and now it was $30. At this point, everyone in the friends' group doubled their investment.The peak was in November, and then the price started to decrease slightly. Nick figured it was no big deal, as every great winning stock has a decline. So he held onto the stock. The price kept going down. Nick sold his stock in October 2022 at $3.30 a share, making a 78% loss.Lessons learnedDon't buy individual stocks.Trust your gut.Andrew's takeawaysWhen you get invested in something, you'll find every possible reason to justify it.There are a lot of times that we know stuff that we're not supposed to do, yet we somehow end up in it.Actionable adviceIf you're going to gamble, make sure you know exactly how much you're willing to lose.Nick's recommendationsIf you want to learn about individual stocks, Nick recommends reading Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies. The book talks about the growth of cities, companies, and that type of stuff. To understand asset allocation, Nick recommends books by William Bernstein. He also recommends reading his book Just Keep Buying:...

WPRV- Don Sowa's MoneyTalk
Why You Should Just Keep Buying

WPRV- Don Sowa's MoneyTalk

Play Episode Listen Later Apr 4, 2023 42:10


On MoneyTalk we strive to bring you a diversity of topics and opinions on the world of money and finance. On todays show, Nathan talks with Nick Maggiulli, COO and Data Scientist at Ritholtz Wealth Management and author of the book, “Just Keep Buying”, to discuss various topics of interest, including: how to spend money guilt free, using debt to your advantage, the benefits of buying in a down market, and how concentration risk led to the crash of Silicon Valley Bank.Host: Nathan Beauvais, EA, CFP®, CIMA®; Guest: Nick Maggiulli, COO Air Date: 3/31/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.

The Security Analysis Podcast
Nick Maggiulli: Just Keep Buying

The Security Analysis Podcast

Play Episode Listen Later Mar 25, 2023 47:54


My conversation with Nick Maggiulli.Nick is the COO of Ritholtz Wealth Management. His blog tears about many common misconceptions about the finance with data. Nick is a proponent of a broad based indexing approach and actually advises against what my blog is all about - stock picking.I like Nick's work because it challenges a lot of sacred cow ideas in the financial community. He has challenged ideas like the utility of the CAPE ratio in market timing and the idea that most stock returns have come from declining interest rates in the last forty years.I hope you enjoy our conversation and thank you for subscribing!Show notes:* Nick's book, Just Keep Buying about the wisdom of regularly purchasing income-producing assets to build wealth.* Nick's blog, OfDollarsandData.* Nick's post on the utility of the CAPE ratio.* Nick's post deconstructing the argument that stock market returns have entirely been driven by declines in interest rates for the last 40 years.* The Intelligent Asset Allocator by William Bernstein. Bernstein was a major influence on Nick's approach.DisclaimerNothing on this podcast is investment advice.The information in this podcast is for information and discussion purposes only. It does not constitute a recommendation to purchase or sell any financial instruments or other products.  Investment decisions should not be made with this article and one should take into account the investment objectives or financial situation of any particular person or institution.Investors should obtain advice based on their own individual circumstances from their own tax, financial, legal, and other advisers about the risks and merits of any transaction before making an investment decision, and only make such decisions on the basis of the investor's own objectives, experience, and resources.The information contained in this podcast & show notes is based on generally-available information and, although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured, and such information may be incomplete or condensed.Investments in financial instruments or other products carry significant risk, including the possible total loss of the principal amount invested. This podcast, the host, and the guest do not purport to identify all the risks or material considerations that may be associated with entering into any transaction. This host & guest accepts no liability for any loss (whether direct, indirect, or consequential) that may arise from any use of the information contained in or derived from this content. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.securityanalysis.org/subscribe

Stockbroker - Okiem Maklera
#70 | Po prostu kupuj - przepis na inwestycyjny sukces wg Nick Maggiulli (OfDollarsAndData.com)

Stockbroker - Okiem Maklera

Play Episode Listen Later Feb 24, 2023 34:53


Wiele osób nie inwestuje, obawiając się utraty pieniędzy. A jeśli już inwestują, bardzo często robią to w sposób, który bardzo ich angażuje, ale niekoniecznie jest skuteczny. Lubimy polować na górki i dołki - w końcu "żeby zarobić, trzeba kupić tanio a sprzedać drogo". Jednak, w inwestowaniu, pomysły które podpowiada nam intuicja, często się nie sprawdzają. O tym, co się sprawdza, mogą nas przekonać dane. Książka JUST KEEP BUYING jest nimi naszpikowana. Pokazuje ona proste sposoby na inwestowanie, które są podparte twardymi statystykami. Jej autorem jest Nick Magiulli, amerykański bloger finansowy, prowadzący OfDollarsAndData.com oraz Chief Operations Officer w Ritholtz Wealth Management. Książka została świetnie odebrana w USA i cieszy się dużą popularnością. Nick zgodził się udzielić mi wywiadu. Udziela nam rad, jak inwestować w sposób prosty i skuteczny. Pytam go między innymi o perspektywę polskiego inwestora, która ma swoją specyfikę. Nick jest Amerykaninem, więc rozmawialiśmy po angielsku. Ale pod nagraniem wideo są polskie napisy, a poniżej również wersja tekstowa po polsku. Serdecznie Was zapraszam. ;)O czym rozmawiamy:Jakie inwestycyjne błędy Nick popełniał w życiu?Ile należy oszczędzać i wydawać?W jakie aktywa warto inwestować?Czy lepiej inwestować aktywnie czy pasywnie i gdzie jest granica?Kiedy najlepiej inwestować: KUP TERAZ, UŚREDNIANIE I KUPUJ W DOŁKUCo zrobić, jeżeli boimy się inwestować?Jak zachować konsekwencję w działaniu?W jakich horyzontach sprawdzają się porady Nicka?

Reimagine Work
Making Money Simple & Smart - Nick Maggiulli on blogging into a new career, writing for smart people, building relationships in the finance world, the lifestyle creep myth, dying with too much money, and money emotions

Reimagine Work

Play Episode Listen Later Feb 6, 2023 69:05


Excellent Work
181: Jak przetrwać kryzys finansowy, pracując na etacie?

Excellent Work

Play Episode Listen Later Jan 3, 2023 8:53


Jestem po lekturze świetnej książki — Just Keep Buying, którą przeczytałem z polecenia Michała Szafrańskiego. Tytuł lektury odnosi się do kupowania pozycji inwestycyjnych, tym samym dbając o swoją przyszłość. Książka idealnie wpisuje się w to, co dzieje się na świecie, gdy gdy nagrywam ten odcinek. W skrócie: sytuacja w Polsce i na rynkach globalnych jest raczej ciężka. Inflacja, obsunięcia giełd, cięcia kadrowe. Jak w tych czasach poradzić sobie finansowo i przetrwać kryzys? Właśnie o tym porozmawiamy w dzisiejszym odcinku Excellent Work Podcast. Nazywam się Michał Kowalczyk i serdecznie Cię do niego zapraszam. W tym odcinku dowiesz się:

WPRV- Don Sowa's MoneyTalk
The Battle for Risk Free Return

WPRV- Don Sowa's MoneyTalk

Play Episode Listen Later Nov 14, 2022 43:07


For a 1970s middle class with few options for risk free return, the birth of the money market was a critical turning point. Nathan talks about how the money market circumvented outdated regulations to bring the middle class into the investor class. Also, Nathan brings back Greg Young from Ahead Full Wealth Management to discuss some simple but powerful strategies offered in Nick Maggiulli's book “Just Keep Buying“.Hosts: Nathan Beauvais EA, CFP® & Greg Young, EA, CFP®, MSAFP®; Air Date: 11/10/2022See omnystudio.com/listener for privacy information.

ChooseFI
404 | Just Keep Buying | Nick Maggiulli

ChooseFI

Play Episode Listen Later Oct 31, 2022 48:50


In this episode: income-producing assets, REITs, the 4% rule, optimal spending, saving too much, and why you will never feel rich. It is believed that in order to reach FI, cutting expenses and limited spending seems like the ideal way to your end goal, but are you missing out on ways to spend-to-earn because it feels right? Well, this week we are rejoined by friend of the show and guest host Brian Feroldi to interview Nick Magguilli, author of the excellent book Just Keep Buying: Proven Ways to Save Money And Build Your Wealth. Together we discuss using data to grow your wealth and fighting the stigmatization of spending your money. On the journey to FI it is easy to focus more on saving so much that we're afraid to spend, however, by not spending we could be missing out on assets, both monetary and non-monetary, that could bring us greater fulfillment in the present and future! By rethinking your approach to spending, rather than looking at it as something that is negative, you may find that your money can go farther for you when its spent rather than saved!  Nick Maggiulli Website: ofdollarsanddata.com Book: Just Keep Buying: Proven Ways to Save Money And Build Your Wealth Twitter: @dollarsanddata Instagram: @nickmaggiulli Brian Feroldi Website: The Motley Fool Book: Why Does The Stock Market Go Up? Twitter: @BrianFeroldi Timestamps 1:29 - Introduction 2:31 - Just Keep Buying 9:27 - Income Producing Assets 10:55 - Macro-Level Mind Changers 14:08 - REITs 16:57 - You Can Save Too Much? 21:40 - How Nick Thinks Through The 4% Rule 26:20 - Spending Optimally 30:59 - Catching Up Financially Through Exercise 34:01 - Examining 401k Maxxing 38:47 - Saving Raises 41:50 - Why You Will Never Feel Rich 46:16 - Investment Properties & Nick 47:55 - Conclusion Resources Mentioned In Today's Episode 3 words got me 3 MILLION SUBSCRIBERS "Die With Zero: Getting All You Can from Your Money and Your Life" by Bill Perkins "The Tail End" By Tim Urban Peter Attia Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance

BiggerPockets Money Podcast
347: Why “Just Keep Buying” is The Smartest, Simplest Way to Get Rich

BiggerPockets Money Podcast

Play Episode Listen Later Oct 24, 2022 52:02


Dollar-cost averaging—you may have heard the term before, but maybe not its implications. According to Nick Maggiulli, it's probably the easiest way to get rich with stocks, real estate, or really anything else. But what about buying the dip? Wouldn't investing at historic lows be the wisest move to make when the markets take a tumble? Surprisingly, no! Don't believe us? Listen on!Nick's investing theory is simple. But, the math backs it up. Doing less will make you more money—much more money. In his book, Just Keep Buying, Nick lays down the time-tested, proven ways to build wealth without being an expert day trader, cryptocurrency coder, or stressed-out landlord. This simple system of investing will allow you to build an almost unspendable nest egg without being glued to the market charts and graphs all day long.But maybe stocks aren't your thing. Maybe you're chasing hundred-millionaire status? Don't worry, Nick also gives his take on achieving monumental money goals without following the same path as everyone else. No matter where you're at in life, this is an investing lesson worth learning as early as possible!In This Episode We CoverDollar-cost averaging vs. buying the dip and which will make you more in the long runHow to invest with a falling stock market, high interest rates, and higher bond yieldsIndividual stocks vs. index funds and who should pick which type of investmentCryptocurrency, NFTs, and investing in alternative assetsThe downside of diversification and why it won't help you build a big portfolioWhy even billionaires don't feel like they're rich enoughAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterScott's InstagramListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy's 2022 Live Spending Tracker and BudgetAre FIRE Naysayers Bad at Math? Yes. with Michael KitcesClick here to check the full show notes: https://www.biggerpockets.com/blog/money-347Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Modern Mind
#41 | Nick Maggiulli | How to Build Your Personal Wealth

The Modern Mind

Play Episode Listen Later Oct 17, 2022 55:28


In this episode, Fergus is joined by Nick Magguili, the author of 'Just Keep Buying', COO of Ritholz Wealth Management LLC, creator of Of Dollars And Data, and educator on finance.We explore all of the things to consider when it comes to saving, earning, investing; alongside our behavioural patterns around finance, lifestyle creep, spreading risk, and how to set YOURSELF for long term success financially.Expect to understand what money means to you.Expect to set some clearer parameters around your finances.Expect to reconsider your values.Join The Modern Mind mailing list

Millionaire Mindcast
Millionaire Hacks For Travel, Credit Cards, and Insane Side Hustles | Chris Hutchins

Millionaire Mindcast

Play Episode Listen Later Sep 12, 2022 47:07


In this episode of the Millionaire Mindcast, we have an amazing guest, Chris Hutchins who shares insights and tips on unlocking financial and relationship freedom, investment optimization, millionaire hacks for travel, using credit cards to your advantage, and insane side hustles! Chris Hutchins is a father, entrepreneur, avid life hacker, financial optimizer, host of the top ranked podcast, All the Hacks (1m+ listeners), sharing his quest to upgrade his life without having to spend a fortune. He is also the Head of New Product Strategy at Wealthfront, focused on making products to help people build wealth through investing. Likewise, he is the co-founder of Grove and Milk (acquired by Google), former VC at Google Ventures (GV), and built an organization called LaidOffCamp. Chris has also been featured in the New York Times, Wall Street Journal, and CNBC in a documentary on Financial Independence called Playing with Fire and Collecting Over 10 Million Points and Miles.   Chris doesn't know where the spark of entrepreneurship came from. All he knows is that he is fond of optimizing things to his advantage. If there's something he wants to do, he's always been creative, thinks outside of the box, and always finds another way to do it to start a business around it. Just like everyone else, Chris experiences ups and downs in life. Being passionate about meeting people in the software industry, Chris got into Google Ventures (GV) where he learned as much as he could. He learned to optimize every aspect of building a company. Later, Chris also learns all the hacks to optimize and upgrade every aspect of his life while spending less and saving more. Being a life hacker, he has saved millions by looking to maximize happiness at the lowest cost. In fact, he travels the world for free like a multi-millionaire without having to have multi-millions yet!   Some Questions I Ask:  Who is Chris Hutchins, and where did these all start for you? What was the first opportunity and stepping stone that led you to the idea of real business through an exit? What is the hack for you in taking one great success and turning it into two? What does the next level and version of your wealth-building journey look like to you? What are some of the misconceptions around personal finance on this path to financial independence? What have been some of the best side hustles you wish you would have known earlier? Any other travel hacks that you absolutely subscribed to? What is it that you're personally focused on optimizing right now? Where do you see some of the greatest opportunities for building-wealth with the latest trends?   In This Episode, You Will Learn: The pros of having no exit and no revenue business How to increase your likelihood of success The key to infinite learning Chris advice to founders Chris definition of wealth What is FIRE Movement How to play the credit card points in miles game    Resources Mentioned:  Just Keep Buying book by Nick Maggiulli Save Money, Build Wealth, and Just Keep Buying | All The Hacks Making Money from Side Hustles with Nick Loper   Connect with Chris Hutchins on:   allthehacks.com All The Hacks Podcast Twitter   Quotes: “If you aren't so passionate about the thing you are doing, you are never going to make it work.” “Never start a company because you want to start a company, you have to have an idea that you should be passionate about.” “Don't do the thing that everyone else's doing because you think you need to do it, do the thing that you loved.” “Hack in your life whatever it is.”   Sponsor Links: www.athleticgreens.com/mindcast Policy Genius Talkspace use code for $100 off: MINDCAST GoBundance  - Text: MILLIONAIRE to 844.447.1555 Credit Investor List - Text DEALS to 844.447.1555 Free Financial Audit: Text XRAY to 844.447.1555   Connect with Matty A. and Text me to 844.447.1555  Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

CamBro Conversations
137) Nick Maggiulli - Proven ways to build Personal Wealth

CamBro Conversations

Play Episode Listen Later Jul 31, 2022 60:48


Today's conversation is with Nick Maggiulli, finance educator, the creator of Of Dollars And Data, and author of Just Keep Buying. Nick's blog is an incredible resource on all things personal finance and I loved his book Just Keep Buying. Having heard him interviewed a number of times, I bought his book and was straight into his Instagram DMs after I finished it to organise this episode. Expect to learn about Nick's data driven approach and his Just Keep Buying philosophy when it comes to investing and generating personal wealth. We discuss a huge range of topics including investing during a bear market, timing your investments, buying versus renting, taking on debt, the save-invest continuum, and even how to reduce your guilt about spending money. One fascinating area that you will learn about is the role that the generation you are born in, your age when you start investing, and even your luck play when it comes to personal finance. The last two topics we dive into are Nick's own portfolio, his experience with Crypto, and how different personality types might respond to his work and advice. Today's podcast is supported and sponsored by Clean Foods Meal Prep. Anyone keeping a close eye on my Instagram will know I've been eating prepped meals from Clean Foods since the end of March. The removal of over 90 minutes of cooking and meal prep each week has been a big win for me, while the meals are tastier and more varied ingredients than I would manage cooking them myself. And the meals are cooked fresh each Saturday and midweek in Glasgow before being delivered across the UK. Visit https://cleanfoodsmealprep.com today and use CAMBRO to save 15% on your order. Order before 2pm on Saturday for Monday delivery or 2pm on Tuesday for Thursday delivery Connect with Nick: Twitter - www.twitter.com/dollarsanddata Blog - https://ofdollarsanddata.com/ Connect with Col: Instagram: https://www.instagram.com/col.cambro/ Email List - https://mailchi.mp/548e38ba5942/colincambro Support me: buymeacoffee.com/ColCamBro

Marriage, Kids and Money
Maxed Out Roth IRA. What's Next? - with Nick Maggiulli + Coast FIRE at 30 with $500k Invested (w/ David Freed)

Marriage, Kids and Money

Play Episode Listen Later Jul 25, 2022 37:00


Nick Maggiulli, author of "Just Keep Buying", shares what you can do after maxing out your Roth IRA.  We also discuss the importance of understanding when a 401k plan at work is worth it or not.    Also, David Freed from Minnesota shares how he and his wife achieved Coast FIRE at 30 years old with $500,000 invested! SPONSORS Personal Capital: Get access to FREE financial tools that help you invest more efficiently and build wealth for your family.  RESOURCES Just Keep Buying by Nick Maggiulli (Book) Nick Maggiulli (Website) David Freed (Instagram) GUEST BIO - Nick Maggiulli: Nick Maggiulli is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management, where he oversees operations across the firm and provides insights on business intelligence.  He is also the author of OfDollarsAndData.com, a blog focused on the intersection of data and personal finance. His work has been featured in The Wall Street Journal, CNBC, and The Los Angeles Times.  Nick graduated from Stanford University with a degree in Economics and currently resides in New York City. OTHER EPISODES YOU MIGHT LIKE Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today) How We Paid Off Our 15 Year Mortgage in 5 Years 50% to 10%: Why We're Happy Saving Less in FIRE Journey MKM RESOURCES MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here  Merch Store: Check out our t-shirts, hoodies, and coffee mugs! SHOW INFORMATION:  Marriage Kids and Money Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.  To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence. Learn more at https://www.marriagekidsandmoney.com HOST BIO:  Andy Hill Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.  Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger's Personal Finance and NBC News. With millions of downloads and views, Andy's message of family financial empowerment has resonated with listeners, readers and viewers across the world.    When he's not "talking money", Andy enjoys watching his kids play soccer, singing karaoke with his wife and watching Marvel movies. DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS Podcast Support: Weir Digital Marketing Podcast Artwork: Liz Theresa Editor: Podcast Doctors

All the Hacks
Where to Put Cash, Saving Money on Gas, Latest Deals/Hacks and More Listener Q&A

All the Hacks

Play Episode Listen Later Jul 13, 2022 36:48


#65: Host Chris Hutchins tackles questions about the current market, where to put cash, investing strategies, backdoor Roth IRAs, net worth tracking, financial planning and saving money on gas. Chris also shares some listener hacks to save money and the top deals he's seen lately.Full show notes at: https://allthehacks.com/listener-questions-4 !! Vote for All the Hacks in The People's Choice Podcast Awards !! Partner LinksTrustworthy: 20% off The Family Operating System®Inside Tracker: 20% off personalized wellness & nutrition plans backed by scienceBlockFi: Exclusive bonus of up to $250 freeAthletic Greens: Free 1 year supply of Vitamin D and 5 free travel packs Resources MentionedInvestingAll the Hacks Newsletter: All About Investing Part 1 Wealthfront: $5,000 managed freeSeries I Savings BondsBlockFi (CEO Zac Prince: @BlockFiZac)CME FedWatch ToolDollar-cost averaging just means taking risk laterWash-Sale Rule DefinitionJust How Valuable Is Tax-Loss Harvesting?Backdoor Roth IRA DefinitionMega Backdoor Roth 401(k) Conversion ExplainedFinancial PlanningXY Planning NetworkWealth Foundry: George Galat V, CFPTracking Your FinancesWealthfront: Net Worth Tracker + Free Financial PlanningMint: Budgeting AppKubera: Net Worth TrackerAssetDash: Track Crypto and NFTsTiller: Import account data into spreadsheetsSaving Money on GasCiti Premier: 80k Signup Bonus + 3x Points on Gas/Groceries/Hotels/Flights)Register for 5%/5x on Gas in Q3 for Chase Freedom/Freedom FlexGasBuddy: Cheapest Gas Station Finder AppListener Money HacksLowes Coupons CodesCashback Monitor: Compare Cash Back Deals Across 100+ SitesRetailmenot: Earn Cash BackLowes E-Gift Cards on AmazonLatest DealsFree Grubhub+ with Amazon PrimeFree Uber One with Disney+Free Cultivist membership for Capital One Cardholders (access 100+ museums)Free Instacart+ with ChaseFree Mariott Gold status with Chase Sapphire ReservePodcasts MentionedAll The Hacks#43 - Why 50/50 Doesn't Work: A New Model for Happier Relationships with Kaley and Nate Klemp#59 - Save Money, Build Wealth, and Just Keep Buying with Nick Maggiulli#64 - Inflation and All Things Money with Jacob Goldstein#42 - Beating Inflation, Alternative Assets, and Simplifying Your Finances with Ben Carlson#55 - Maximize Your Points: Stacking, Buyers Clubs, Redemption Hacks, and More with Julia MenezOn the Brink#329 - Zac Prince (BlockFi) on Navigating Through the StormAnimal SpiritsMacro Voices Full Show NotesCurrent Markets and what to do with the money needed within the next three to five years [02:32]US Government Series I Savings Bonds [03:27]Crypto High-Yield Savings Accounts [04:19]High Yield Savings Account [05:55]Investing: What to do with a windfall in this market and the best way to start dollar-cost averaging [06:47]Tax Loss Harvesting [10:15]Direct Indexing [12:18]Backdoor Roth IRA: contributing even if your household exceeds limits for both Roth and traditional IRAs [17:45]Mega Backdoor Roth 401(k): after-taxes contributions to your 401k [19:31]Podcasts for sophisticated investors who want to continue learning [22:08]Financial Planning: comprehensive financial plans [25:27]Tracking your finances across all of your accounts [30:11]Saving money on gas: considerations for taking the cash discount, the best cards and apps to use, fuel reward programs, and electric vehicles [33:19]Listener money-saving hacks: stacking deals and transferring the available balance of Visa or Amex gift cards to your Amazon gift card balance [36:53]Free premium subscriptions, statuses, and perks that are available to members of certain cards or services [40:08]Chris shares how listener, Stephanie, used the hotel hack shared in episodes #1 and #55 to score big on a recent trip [41:03]Nominate All the Hacks for The People's Choice Podcast Award [41:38] SponsorsTrustworthyTrustworthy is a secure online service that helps modern families protect, organize, and optimize their important information — ID's, Money, Property, Passwords, Insurance, Taxes, Legal, Emergency Instructions and the Family Archive. Trustworthy gives you a system of record for all your family information and lets you share it with loved ones, collaborate with trusted professionals like your accountant or wealth advisor and helps you keep everything up to date and on track so you never have to pay a late fee or penalty again.So if you want to set up your Family Operating System and be prepared for all of life's moments you can get 20% off and a free 14-day trial at allthehacks.com/trustworthy InsideTrackerInsideTracker provides a personalized plan to improve your metabolism, reduce stress, improve sleep, and optimize your health for the long haul. It's created by leading scientists in aging, genetics, and biometrics. They analyze your blood, DNA, and fitness tracking data to identify where you're optimized—and where you're not. With Inside Tracker you'll get a daily Action Plan with personalized guidance on the right exercise, nutrition, and supplementation for your body.For a limited time, you can get 20% off at allthehacks.com/insidetracker BlockFiThis episode is brought to you by BlockFi. If you're interested in Crypto, BlockFi is one of the best ways to get started, letting you easily buy, sell and store your crypto assets. After signing up and linking your bank account, you can instantly trade a variety of cryptocurrencies and store them all in a secure wallet that lets you control and transfer your holdings however you want. You can also set up recurring transfers so you can dollar cost average your crypto investments over time.Or if you want another way to put your crypto investing on autopilot, there's the BlockFi Crypto Rewards Credit Card. While 1.5% cash back isn't the best in the market, that cash back is automatically invested into Bitcoin, Ethereum or whatever cryptocurrency you want. If you want to check out BlockFi, you can get an exclusive bonus of up to $250 free when you sign at allthehacks.com/blockfi Athletic GreensAthletic Greens is a foundational nutrition drink designed to remove the friction from covering the daily nutritional needs of a modern diet. It combines more than 9 essential nutrition products into one convenient and great-tasting drink, giving you an easy and efficient way to get you daily multivitamin, multimineral, probiotic, prebiotic, functional greens blend, immune support complex and more. It contains no GMOs, no harmful ingredients and no artificial colors or sweeteners.Right now, Athletic Greens is going to give you a free 1 year supply of immune-supporting Vitamin D and 5  free travel packs with your first purchase. To take ownership over your health and pick up the ultimate daily nutritional  insurance visit allthehacks.com/athleticgreens Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn

Standard Deviations
Nick Maggiulli - Personal Finance Myth Busting

Standard Deviations

Play Episode Listen Later Jul 7, 2022 40:00


Tune in to hear:- How did Nick land on a kinder, more gentle approach, to personal finance?- What is the least conventional bit of financial advice that a reader may come across in Nick's new book?- Nick's new book states that most savings advice is problematic - where does he differ from the conventional wisdom with respect to savings advice?- How should we think about lifestyle creep from a data driven perspective?- How should people think about investing at a time when inflation is rising this dramatically and when the market is not keeping pace?- A sub chapter of Nick's book says that “not even God can beat dollar cost averaging.” Why, historically, has waiting for a more opportune time to enter the market not been an effective strategy?- How do you buy in a crisis and why shouldn't we fear volatility?- Did Nick change his mind about any major issue as he did the research for his new book?https://twitter.com/dollarsanddatahttps://ofdollarsanddata.com/justkeepbuyingCompliance Code: 1022-OAS-6/13/2022

Hustle Sold Separately
How Consistency Plays in the Bigger Picture w/Nick Maggiulli (Chief Operating Officer and Data Scientist at Ritholtz Wealth Management)

Hustle Sold Separately

Play Episode Listen Later Jun 16, 2022 64:43


Wanna know how consistency plays in the bigger picture? In this episode, @mattgottesman sits down with Nick Maggiulli (Chief Operating Officer and Data Scientist at Ritholtz Wealth Management) and they go all in on how consistency plays into everything we do, patience for the benefits and the results, that first 8-12 months of doing something, doubting whether it's going to work or not and then persevering anyways, doing something “ordinary” for a very long time and watching it grow into more, his book Just Keep Buying, writing to connect your passion and interests with the people you serve, building an audience, making new connections from your content and much more. FEAUTURED GUEST: Nick Maggiulli Instagram: https://instagram.com/nickmaggiulli Twitter: https://twitter.com/dollarsanddata Website: https://ofdollarsandddata.com Book: https://ofdollarsanddata.com/justkeepbuying   HOST: Matt Gottesman Instagram: https://instagram.com/mattgottesman Website: https://mattgottesman.com Newsletter: https://mattgottesman.substack.com   PODCAST: Apple: https://apple.co/2TTKY2u Spotify: https://spoti.fi/3LCmAcO

The Canadian Money Roadmap
Just Keep Buying by Nick Maggulli: Review, Thoughts and Key Takeaways

The Canadian Money Roadmap

Play Episode Listen Later Jun 15, 2022 25:04 Transcription Available


EPISODE SUMMARYIn our first book review on the podcast, Jordan and Evan provide their thoughts and key takeaways from Nick Maggulli's book, Just Keep Buying.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat did we like about the book?When is saving more important that the specifics of your investments?How to spend without feeling guiltyHow much to investHow much of your raise should you be saving?Why you shouldn't be fearful of volatilityInvesting in bear markets and reframing the upside opportunityWhy you'll never feel rich and why money isn't everythingCONNECT WITH EVAN

The One Percent Show with Vishal Khandelwal
Ep. 20: Nick Maggiulli on Biggest Lies in Personal Finance, Feeling Rich, and the Role of Luck in Investing

The One Percent Show with Vishal Khandelwal

Play Episode Listen Later Jun 11, 2022 74:45


Nick Maggiulli is the creator of Of Dollars And Data and the Chief Operating Officer at Ritholtz Wealth Management. Nick is also the author of a new book titled Just Keep Buying where he crunches numbers to answer the biggest questions in personal finance and investing, while providing the reader with proven ways to build wealth the right way. In this episode, we talk about the biggest lies told in personal finance, role of data in analysis, the idea of feeling rich, role of luck in investing, and much more. To know more about this initiative, check out: https://www.vishalkhandelwal.com/ https://www.safalniveshak.com/ Check out my book - The Sketchbook of Wisdom - which Morgan Housel calls "a masterpiece." Subscribe to The One Percent Show on - Spotify, Google Podcasts, Apple Podcasts, or Amazon Music.

Trillions
Just Keep Buying

Trillions

Play Episode Listen Later Jun 9, 2022 35:20


Investing in stock and bond markets during a boring, decade-long bull market is easy enough. It's a little more difficult when everything is trending downward, inflation is at record highs and even Cardi B is tweeting about recession jitters. And yet, strong flows into exchange-traded funds and index funds show investors are very much willing to follow this wealth-creation strategy. Eric and Joel speak with Nick Maggiulli, chief operating officer at Ritholtz Wealth Management, about his new book, “Just Keep Buying.” They discuss saving versus investing, the importance of income-producing assets, international exposure, index investing and more. See omnystudio.com/listener for privacy information.

Trillions
Just Keep Buying

Trillions

Play Episode Listen Later Jun 9, 2022 35:20


Investing in stock and bond markets during a boring, decade-long bull market is easy enough. It’s a little more difficult when everything is trending downward, inflation is at record highs and even Cardi B is tweeting about recession jitters. And yet, strong flows into exchange-traded funds and index funds show investors are very much willing to follow this wealth-creation strategy. Eric and Joel speak with Nick Maggiulli, chief operating officer at Ritholtz Wealth Management, about his new book, “Just Keep Buying.” They discuss saving versus investing, the importance of income-producing assets, international exposure, index investing and more.See omnystudio.com/listener for privacy information.

The Adversity Advantage
Nick Maggiulli On How To Survive Economic Hardship & Build Financial Wealth

The Adversity Advantage

Play Episode Listen Later Jun 2, 2022 53:08


Today, we welcome Nick Magguilli. Nick is the chief operating officer and data scientist at Ritholtz Wealth Management where he oversees operations across the firm and provides insight on business intelligence. He is also the author of ofdollarsanddata.com, a blog focused on the intersection of data and personal finance. His work has been featured in the Wall Street Journal, CNBC, and the Los Angeles Times. Nick graduated from Stanford University with a degree in economics. The occasion for today's chat is not only to discuss what's going on with the economy today, but also to chat about his new book, Just Keep Buying, which I thoroughly enjoyed.     We talk about our economy, how our financial decisions affect our long-term savings, the financial investments that we should put our focus on, why early financial education is important, why you shouldn't wait and start planning your retirement funds, and so much more! Thanks to this episode's sponsor: Masszymes: Go to masszymes.com/DOUGFREE and you will automatically get access to your unique coupon code to claim your free bottle. What to Listen For: 00:00 Intro 01:17 What's going on with the economy? 05:50 Don't make these all or nothing financial decisions 09:07 Debunking popular financing myths 13:15 Focus on income as the foundation of wealth 17:11 When should you invest even when you have debt? 21:12 Be diversified in your financial future 23:42 Are you good at stock picking? 28:38 What are you going to do during retirement? 32:20 Why is it important to invest in retirement early? 35:30 Let's talk about taxes 37:52 How much should you invest in your business? 40:38 “Buy quickly, sell slowly.” 44:21 Crypto currency is a digital gold and a risk asset 47:14 Where do you focus your time? Episode Resources: Nick Magguilli | Twitter, Instagram, LinkedIn Just Keep Buying Of Dollar And Data Follow me on Social Media: LinkedIn Instagram Twitter

The Danny Miranda Podcast
#232: Nick Maggiulli [VIDEO] – From Blogging To Getting Mentioned On Tim Ferriss

The Danny Miranda Podcast

Play Episode Listen Later May 26, 2022 61:45


Nick Maggiulli is the creator of Of Dollars And Data and the Chief Operating Officer at Ritholtz Wealth Management. He has published a post on his blog every week since 2017. Most recently, he published his first book (Just Keep Buying: Proven Ways To Save Money And Build Your Wealth), which has sold over 10,000 copies in the first month. In this conversation, we speak about what it felt like to get mentioned on The Tim Ferriss Show, the power of books, how Morgan Housel has served as a mentor for Nick, and much more. The video version of this podcast is available on Spotify and YouTube. Topics discussed: (0:00) Intro (0:33) Tooth fairy (2:23) How does skepticism impact you? (5:08) Starting a blog (and the slow grind) (8:35) Moments of quitting? (10:48) How has motivation changed for Nick? (13:21) Going on a book tour and repeating himself? (15:25) Optimism toward future progress (17:03) Does paying attention to the news impact Nick? (18:08) The power of books (19:21) How many hours to write Just Keep Buying? (20:13) Most unexpected challenge when writing the book? (22:03) Nick's $500,000 goal by 30 (23:40) Is high expectations a new phenomenon? (26:23) Dealing with existential dread in early 20s (27:46) What would Nick recommend to young people who don't know? (29:36) “I'll probably never write a book” –Nick, May 2020 (34:23) Do family and friends rely on Nick as a data scientist? (35:49) Words matter (37:54) Taleb's Turkey Problem (40:03) Winners keep winning true for nations as well? (42:24) Morgan Housel as a mentor (44:48) Shouted out on Tim Ferriss Show (46:50) “No medals for prevention, only cures” (49:07) Appreciation for Mark Zuckerberg (51:23) Creating as a part of your being (53:03) How to be kinder Nick's book (Just Keep Buying) – https://www.amazon.com/Just-Keep-Buying-Proven-wealth/dp/0857199250 Nick's Twitter – https://twitter.com/dollarsanddata Nick's Website – https://ofdollarsanddata.com/ Resources Mentioned: Escape From Freedom by Erich Fromm – https://www.amazon.com/Escape-Freedom-Erich-Fromm/dp/0805031499 How To Write Weekly and Accelerate Your Career (Nick Maggiulli + David Perell) – https://www.youtube.com/watch?v=7HI5CISSPms Continue the conversation with me...

Kickoff Sessions
#93 Nick Maggiulli – Save Money & Build Long Term Wealth

Kickoff Sessions

Play Episode Listen Later May 18, 2022 73:37


Nick Maggiulli is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management and the author of Just Keep Buying. He is also the author of OfDollarsAndData.com, a blog focused on the intersection of data and personal finance. His work has been featured in The Wall Street Journal, CNBC, and The Los Angeles Times.Pick up Just Keeping Buying here: https://amzn.to/3ldo6r3 Sponsorships & partners:- Sons: Sons.ie | Sons.co.uk and use code KICKOFFSESSIONS40 for 40% off- ExpressVPN: ExpressVPN.com/kickoffsessions and get 3 extra months free- Buzzsprout: Buzzsprout.com and receive a $20 Amazon Gift Card(00:00) Sponsorships: Sons.ie | Sons.co.uk (01:42) Introduction (03:50) People are scared & fearful of markets(07:29) What is the data around savings & income?  (12:53) The importance of increasing your income   (14:50) Spending money on what brings fulfilment(19:24) How to spend money guilt-free (22:47) How to maximise your earning potential (26:40) How much income to save & invest (29:30) Setting clear financial goals  (33:11) The data around dollar-cost averaging (37:26) Short term vs. long term investments (39:15) Building systems around investing (42:47) Time in the market vs. timing the market (48:12) Should you sell everything?   (52:42) Why picking stocks doesn't work  (01:01:26) How retail investing started (01:03:52) The emotional side of investingPlease leave a review:- Spotify: https://spoti.fi/36RrL9Y- Apple: https://apple.co/3uCwViFSocials:- YouTube: https://bit.ly/3HleVy2- Spotify: https://spoti.fi/3EE3FuG- Apple: https://apple.co/32ArW7D- LinkedIn: https://bit.ly/3FCS3JA- TikTok: https://bit.ly/314iZD6Services:- Career mentoring: https://bit.ly/3FCS3JA- Podcast consulting: https://bit.ly/3aYzm5w- Newsletter: https://bit.ly/3JqwkXAThis episode is sponsored by Sons. Please support the podcast and get 40% off your first order by using the discount code KICKOFFSESSIONS40. Sons IE: sons.ieSons UK: sons.co.ukSons are a men's health care brand that offers clinically proven, licenced hair loss treatments for less than the cost of a cup of coffee per day. - ExpressVPN: ExpressVPN.com/kickoffsessions and get 3 extra months free- Buzzsprout: Buzzsprout.com and receive a $20 Amazon Gift CardSupport the show

Next Gen Personal Finance
NGPF Podcast: Nick Maggiulli discusses his book, Just Keep Buying

Next Gen Personal Finance

Play Episode Listen Later May 14, 2022 60:15


How much should you be saving? How should you invest in a crisis?  Should you invest in individual stocks? Should you try and time the market to avoid market downturns?  Nick tackles these questions and more as we discuss his new book, Just Keep Buying. You will learn about the data supporting this simple concept "just keep buying" when it comes to investing.Finally, you will learn about Nick's data driven approach to investing which can be seen weekly in his Of Dollars and Data blog. Enjoy!

The Pomp Podcast
#945 Nick Maggiulli On Proven Ways To Save Money And Build Wealth

The Pomp Podcast

Play Episode Listen Later May 4, 2022 39:02


Nick Maggiulli is the Author of "Just Keep Buying", COO of Ritholtz Wealth Management, and writer of the Newsletter "Of Dollars And Data" In this conversation, we discuss some of the contrarian investing views that Nick holds. Some of these views include why you shouldn't max out your 401k, why you shouldn't buy the Bitcoin dip, and why your birth date may be more important than any investment decision you make, ======================= FTX.US is the safe, regulated way to buy and sell Bitcoin and other digital assets. Trade crypto with up to 85% lower fees than top competitors. There are no fixed minimum fees, no ACH transaction fees, and no withdrawal fees.   FTX.US is also the only leading exchange that supports both Ethereum and Solana NFTs.   Download the FTX App today and use referral code “Pomp” to earn free crypto on every trade over $10. The more you trade, the more you earn. ======================== Brave Wallet is the first secure crypto wallet built natively in a web3 crypto browser. No extension required. Store, manage, and grow your portfolio, get NFT & multi-chain support, and more.    Download the Brave privacy browser at brave.com/Pomp, and click the wallet icon to get started. ======================= The Pomp Podcast is powered by BetOnline.ag, the world's largest sports betting, casino, poker and horse racing website that accepts cryptocurrency for wagering.   BetOnline.ag gives you the ability to use Bitcoin and more than a dozen altcoins to make deposits and withdraw your winnings. There are no crypto transaction fees, and processing is instantaneous and secure.   Visit https://promotions.betonline.ag/pomp and use PROMO CODE: POMP100 to receive a 100% matching bonus on any crypto deposit.   BetOnline.ag is available in nearly every country around the world, making it the top global gaming destination for crypto users. =======================

The Personal Finance Podcast
Should You Buy The Dip? (Just Keep Buying) with Nick Maggiulli

The Personal Finance Podcast

Play Episode Listen Later Apr 27, 2022 45:06


104. Should You Buy The Dip? (Just Keep Buying) with Nick Maggiulli  Check Out Nicks Book: Just Keep Buying  Nicks Blog  Nicks Twitter  Today we discuss: Should you focus on saving or increasing your income? The 2x rule when spending. How to invest in a recession. Should you buy the dip. And so much more! FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook -Get Access to the 75 Day Challenge: https://www.mastermoney.co/75daychallenge  ============= We have a YOUTUBE channel! Check it out here!  Our Latest Videos:  5 Index Funds to Hold for Life!  What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) ============ Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.  ============ Sponsors:  Thank you to Better Help for sponsoring the show! Check them out at betterhelp.com/pfp Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Ladder for Sponsoring the Show. Go to Ladderlife.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance Thank you to Hello Fresh for sponsoring the show! Go to Hello Fresh and use code PFP16 for 16 free meals and 3 free gifts.  Thank you to Chime for sponsoring the show! Check them out at chime.com/pfp   ============ Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts! ============ Episodes Mentioned More Episodes You Will Love:  The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!) How to Track Your Net Worth How to Set Money Goals You Will Actually Achieve How To Prevent Lifestyle Creep (Lifestyle Inflation) 7 Ways to Pay Down Your Student Loans Faster How You Can Have a Free Car for Life (It's True!) Why Your Savings Rate Matters  ============ Check out all the Stuff I Recommend!  USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books  ============ DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.  AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. ============ Check us out on social fam!  Twitter Dollar After Dollar Instagram www.thepersonalfinancepodcast.com www.dollarafterdollar.com www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices

Australian Finance Podcast
Just keep buying (investments) with Nick Maggiulli

Australian Finance Podcast

Play Episode Listen Later Apr 25, 2022 37:54


Why should we be investing?Well according to today's guest Nick Maggiulli, we should invest to save for our future selves, preserve our money against inflation and replace our human capital with financial capital.Nick Maggiulli is the author of brand new release Just Keep Buying, the Chief Operating Officer for Ritholtz Wealth Management LLC and a wonderful writer in his own right, through his website Of Dollars and Data.Kate and Owen chat to Nick about his new book Just Keep Buying and why we shouldn't wait for the dip, the biggest lie in personal finance, investing in ETFs versus individual shares and dealing with lifestyle creep.Episode transcript now available via the show notes page.Take one of our amazing money & investing courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community.Score $100 off our premium ASX & US share research service, Rask Invest!If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts or Spotify - it's a 5 second task which really helps support the show (and puts a big smile on our faces).Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.|| We're proudly supported by ETF Securities ||Learn more about the growing range of leading ETFs, on the ETF Securities website: https://bit.ly/fundsETFS ||| Have you heard of Pearler: Our proud NEW sponsor! || We're proudly supported by Pearler, the broker for long-term investors.Sign-up to Pearler using the code “RASK” for $10 of Pearler Credit: https://bit.ly/Pearler|| Want to InvestSMART? || Boost your investment potential, with FundLaterWith InvestSMART's Fundlater, you can start a $10,000 investment portfolio, with only $4,000 upfront. Find out how: https://www.rask.com.au/inv-fundlater/Investing Made SimpleThanks to InvestSMART's ready-made ETF portfolios, you can start investing now in a portfolio managed by experts. Not only that, you can invest confidently knowing your investment fees are capped. Learn more: https://www.rask.com.au/inv-pmaDISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsgDate recorded: 19th of April 2022

Australian Finance Podcast
Just keep buying (investments) with Nick Maggiulli

Australian Finance Podcast

Play Episode Listen Later Apr 25, 2022 39:09


Why should we be investing? Well according to today's guest Nick Maggiulli, we should invest to save for our future selves, preserve our money against inflation and replace our human capital with financial capital. Nick Maggiulli is the author of brand new release Just Keep Buying, the Chief Operating Officer for Ritholtz Wealth Management LLC and a wonderful writer in his own right, through his website Of Dollars and Data. Kate and Owen chat to Nick about his new book Just Keep Buying and why we shouldn't wait for the dip, the biggest lie in personal finance, investing in ETFs versus individual shares and dealing with lifestyle creep. Episode transcript now available via the show notes page. Take one of our amazing money & investing courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community. Score $100 off our premium ASX & US share research service, Rask Invest! If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts or Spotify - it's a 5 second task which really helps support the show (and puts a big smile on our faces). Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. || We're proudly supported by ETF Securities || Learn more about the growing range of leading ETFs, on the ETF Securities website: https://bit.ly/fundsETFS | || Have you heard of Pearler: Our proud NEW sponsor! || We're proudly supported by Pearler, the broker for long-term investors. Sign-up to Pearler using the code “RASK” for $10 of Pearler Credit: https://bit.ly/Pearler || Want to InvestSMART? || Boost your investment potential, with FundLater With InvestSMART's Fundlater, you can start a $10,000 investment portfolio, with only $4,000 upfront. Find out how: https://www.rask.com.au/inv-fundlater/ Investing Made Simple Thanks to InvestSMART's ready-made ETF portfolios, you can start investing now in a portfolio managed by experts. Not only that, you can invest confidently knowing your investment fees are capped. Learn more: https://www.rask.com.au/inv-pma DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Date recorded: 19th of April 2022

Money Concepts
Nick Maggiulli on “Just Keep Buying”

Money Concepts

Play Episode Listen Later Apr 24, 2022 62:03


Nick Maggiulli is a great number cruncher and story teller. He applies these skills to analyze various kinds of financial data — to learn lessons we can all use to improve our financial decision making. Nick then beautifully narrates these lessons to his worldwide audience — for free — through his website, Dollars And Data (https://ofdollarsanddata.com). Nick has now written a book (Just Keep Buying) summarizing the most important of these lessons. For most of us, achieving financial independence is about doing 2 things reasonably well: 1) Saving, and 2) Investing Nick's book shows us, simply and clearly, how to do both of these effectively — while also enjoying life and not getting stressed due to money issues. In this episode, Nick will help us explore these themes in detail. Download the Callin app for iOS and Android to listen to this podcast live, call in, and more! Also available at callin.com

The Goldmine
Should I Average Down on Losing Investments?

The Goldmine

Play Episode Listen Later Apr 21, 2022 26:08


Welcome to Portfolio Rescue, the show where we answer your questions about investing and personal finance. On this episode, Ben and Duncan are joined by Ritholtz Wealth COO and data expert, Nick Maggiulli to discuss the yield curve, the right amount of risk for IRAs, averaging down on losing stocks, and much more! Submit your questions to askthecompoundshow@gmail.com!Pick up a copy of Nick's new book, Just Keep Buying.Sign up for The Compound newsletter: https://email.thecompoundnews.com/subscribeCheck out The Compound shop: https://www.idontshop.comLearn more about Ritholtz Wealth's automated investing platform, Liftoff: http://liftoffinvest.comInvesting involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Ben Carlson, Ben Coulthard, and Duncan Hill are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See acast.com/privacy for privacy and opt-out information.

The Compound Show with Downtown Josh Brown

On episode 42 of The Compound & Friends, Michael Batnick, Nick Maggiulli, and Downtown Josh Brown discuss: Elon's Twitter bid, Nick's new book "Just Keep Buying," lump sum vs dollar-cost averaging, inflation, and much more!This episode is sponsored by KraneShares. To learn more about KraneShares' suite of China-focused and climate themed ETFs, visit: kraneshares.com/?adsource=wealthcastGrab a copy of Nick's book: https://www.amazon.com/dp/0857199250/ref=cm_sw_r_tw_dp_32DZJGHZ56VYTCAH5A3XCheck out the latest in financial blogger fashion at: https://www.idontshop.comObviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/disclosures/ See acast.com/privacy for privacy and opt-out information.

The David Pakman Show
4/14/22: Biden Approval Craters, Conspiracies Keep Spreading

The David Pakman Show

Play Episode Listen Later Apr 14, 2022 61:59


--On the Show: --Nick Maggiulli, COO at Ritholtz Wealth Management, founder of Of Dollars and Data, and author of the new book "Just Keep Buying," joins David to discuss personal finance and more. Get the book: https://amzn.to/3ElpDnJ --President Joe Biden's approval rating collapses to 33% in the latest Quinnipiac University poll, and drops to 41.6% in an average of recent approval polls --A dangerous conspiracy theorist speaks at a recent Republican Senator Chuck Grassley town hall, and Grassley does nothing to disabuse the individual about his beliefs --Failed former President Donald Trump once again refuses to condemn Russian President Vladimir Puting during a new Fox News interview with Sean Hannity, also making wild claims about windmills --Donald Trump may be starting to lay the groundwork for using a health excuse to avoid running for President in 2024 --Mark Meadows, failed former President Donald Trump's Chief-of-Staff, has been removed from voter rolls in North Carolina as a voter fraud investigation continues --A barely coherent Charlie Kirk, from Turning Point USA, claims that inflation is the fault of transgender people --Voicemail caller equates the Russian invasion of Ukraine to how the United States was created as a country --On the Bonus Show: Iowa and New Hampshire not guaranteed to be first primaries in 2024, airplane mask mandates extended into May, first bus of migrants arrives in DC from Texas, much more...

Afford Anything
The 2X Rule (and Other Wealth-Accelerating Advice), with Nick Maggiulli

Afford Anything

Play Episode Listen Later Apr 13, 2022 64:29


#375: Here's the deal: The majority of people who write about personal finance repeat the same tired aphorisms and cliches. “Millennials aren't investing enough,” they'll lament. “Millennials are amassing wealth at a slower pace than previous generations!” But when you ask for their source, they turn up blank. Each writer points to a headline, which sources another headline, in a neverending circular secondary-source-citation that fails to point to any primary data source. Nick Maggiulli doesn't play that game. If you haven't heard the name Nick Maggiulli yet, prepare to meet one of the most original, insightful voices in the media landscape of personal finance and investing. (His last name is pronounced “ma - julie,” and his godfather refers to him as “paper hands,” but that latter point is a different story for another day.) Nick is a data scientist with a knack for clear written communication, a rare Venn Diagram intersection of skill sets. He holds a laser-focused interest in the arenas of personal finance and investing, and he's eager to share fresh, nuanced, evidence-backed takes about savings, spending and investing with anyone who will listen. He recently released his first book, Just Keep Buying; the title reflects a user-friendly reminder to continue dollar-cost averaging. It also speaks to the main idea behind wealth creation: accumulate income-producing assets, consistently, for as long as you possibly can. It's an honor to welcome Nick Maggiulli onto the Afford Anything podcast for what I hope is the first of many appearances. In today's episode, we discuss actionable strategies for managing your money, including assessing your spot along the save-invest continuum, implementing the 2X rule into your spending decisions, and saving half of your inflation-adjusted future raises. Enjoy! For more information, visit the show notes at https://affordanything.com/episode375 Learn more about your ad choices. Visit megaphone.fm/adchoices

The Money with Katie Show
Investing in the Age of "Overvalued" Stocks & Homes with Nick Maggiulli

The Money with Katie Show

Play Episode Listen Later Apr 13, 2022 34:28


Today, my friend Nick Maggiulli (COO of Ritholtz Wealth Management & former data scientist, as well as author of Of Dollars & Data and his new book, Just Keep Buying) joined me to talk about something that's been (justifiably) freaking me out a little bit lately. To boil it down to its most layman's terms is the government's money printing the reason why stocks and homes are worth so much more now, and does that mean we're headed for a crash?  More to the point: What the hell do we do about it? I think you'll enjoy the little history lesson throwback (Kansas farmland in the 1970s, anyone?), the explanation of quantitative easing and expansionary monetary policy (I wish my Econ 101 professor could see my B+ self now), and—most importantly—the conversation I had with Nick about what we're supposed to make of all this. Here's the Politico article referenced. Point of clarification: We reference the S&P 500's PE ratio (25 as of this recording) and Shiller PE ratio, or CAPE ratio (36 as of this recording), in this episode, and (somewhat confusingly) switch between the two in the conversation. Nick originally describes the CAPE ratio, and then I ask him his opinion of the current PE ratio. FOLLOW ALONG Money with Katie Blog Money with Katie Instagram Money with Katie Twitter Sign up for the Newsletter! FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM

The Long Term Investor
Just Keep Buying with Nick Maggiulli (EP.43)

The Long Term Investor

Play Episode Listen Later Apr 13, 2022 31:37


This episode features Nick Maggiulli, author of the new book Just Keep Buying and popular blog Of Dollars and Data.   Listen now and learn: How to determine if saving or investing is more important How (and when) to invest your cash A unique way to frame the opportunity that exists in down markets     Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

How to Money
Just Keep Buying with Nick Maggiulli #499

How to Money

Play Episode Listen Later Apr 11, 2022 53:26


Our guest today is Nick Maggiulli. Nick is the Chief Operating Officer for Ritholtz Wealth Management and regularly writes over on his site: Of Dollars And Data. But he wasn't always steeped in the world of finance and investing- before that he was a successful litigation consultant. And even though Nick has always had a heart for personal finance, it's only been in the past 5 years that he began to seriously write about money. And his new book, Just Keep Buying, actually comes out tomorrow! We were lucky enough to get an early copy and couldn't recommend it enough. Nick weaves insightful stories with actionable advice that is going to help anyone who reads it. During this discussion we talk about timing the market, Nick's definition of dollar cost averaging, spending less time on investments and more time on growing income, and much more!   During this episode we enjoyed a La Folie by New Belgium! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out! See omnystudio.com/listener for privacy information.

Millennial Investing - The Investor’s Podcast Network
MI157: Just Keep Buying w/ Nicholas Maggiulli

Millennial Investing - The Investor’s Podcast Network

Play Episode Listen Later Apr 7, 2022 55:44


IN THIS EPISODE, YOU'LL LEARN: 06:02 - Why many people should put more focus on growing their income to build wealth.06:02 - How one should go about building additional income streams on the side.15:46 - How using the 2x spending rule can help you eliminate guilt in making larger purchases.29:54 - Nick's thoughts on what to do with money intended to be used as an emergency fund or a home down payment.44:27 - Why Dollar-Cost Averaging is better than trying to time the market.54:04 - Why you should reconsider maxing out your 401k if you're currently doing so.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESRobert and Clay's tool for picking stock winners and managing our portfolios: TIP Finance.Check out Nick's new book, Just Keep Buying.Check out Nick's blog, Of Dollars and Data.Related episode: MI115: Young Investors Getting Started w/ Kelly Lannan.Related episode: MI143: Good Money Revolution w/ Derrick Kinney.Get a FREE audiobook from Audible.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors. Find Pros & Fair Pricing for Any Home Project for Free with Angi.Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Now, not only the wealthy can afford collectibles! Enter Otis, an investment platform that makes it possible for almost anyone to invest in shares of cultural assets. Sign up now at withotis.com/TIP to get your first share for FREE!Invest in crypto and trade it without tax headaches with AltoIRA.Make documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Get insights on how to plan for your financial goals with The Globe and Mail. Listeners get a special digital subscription rate for unrestricted access to everything.The interval fund, a breakthrough innovation. Only at Mackenzie.Balancing opportunity and risk? The golden answer can be literally gold! Start your investment journey today with Perth Mint.Design is already in your hands with Canva. Start designing for free today.Read this episode's transcript and full show notes on our website.Connect with Nick: Website | Twitter | LinkedIn Connect with Robert (@therobertleonard): Website | Instagram | TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Investopedia Express with Caleb Silver
Why the Best Advice may be to 'Just Keep Buying'

The Investopedia Express with Caleb Silver

Play Episode Listen Later Apr 4, 2022 29:05


Nick Maggiulli rejoins the show, and he's out with a new book, "Just Keep Buying", with basic principles of saving and investing for investors of all ages. Plus, did the stock market bottom, or did we just fall into a bear trap? We go foraging for clues on The Express. See acast.com/privacy for privacy and opt-out information.

The Investopedia Express with Caleb Silver
Why the Best Advice may be to 'Just Keep Buying'

The Investopedia Express with Caleb Silver

Play Episode Listen Later Apr 4, 2022 29:05


Nick Maggiulli rejoins the show, and he's out with a new book, "Just Keep Buying", with basic principles of saving and investing for investors of all ages. Plus, did the stock market bottom, or did we just fall into a bear trap? We go foraging for clues on The Express.

Wealth, Actually
EP-112 “JUST KEEP BUYING” with NICK MAGGIULLI

Wealth, Actually

Play Episode Listen Later Apr 2, 2022 28:37


Generationally low interest rates, inflation, unthinkable geopolitical risks, the speed of information and the prevalence of noise challenge our long-held conventional wisdoms. Many investors are at a loss as to how to save and invest to meet their goals. https://www.amazon.com/Just-Keep-Buying-Proven-Wealth/dp/0857199250/ Against that fearsome backdrop, Nick Maggiulli, joins us to talk about his book “Just Keep Buying” due out in April on Harriman House Publishing. Nick is the creator of the successful OF DOLLARS AND DATA blog and is the Chief Operating Officer at RITHOLTZ WEALTH MANAGEMENT.   His book challenges many widely-held investment beliefs, and recasts them with a data driven analysis for a modern investor. Background- The sequence that: Got Nick to StanfordLed to the development of the blog / Nick's role at RWM What problem did Nick want to solve with book? Good slot to talk about your powerful introductionComfort with data to analyze “rules of thumb” and other bromides The Decision to Analyze Saving vs Investing The problems with saving adviceWhat did the data uncover?How does this relate to spending?The problems with investing adviceWhat is one of the typical sayings that the data doesn't support“Just keep buying”How should investors reach “escape velocity” past their liabilities?The importance of time horizons and liquidity cushions Cash Flow vs Asset Growth (strong personal balance sheet) How do you think about investing to maximize one's income vs the growth of the balance sheet?How do you get people's brains/emotions out of the way of data driven choices?How do you think about guardrails or insurance around 1% events either in the market or personally?  Function of cash?  Allocation vs barbell approach? We're in the midst of a big market test right now . . . what Nick's advice for: Current InvestorsNew Investors / When should parents get their kids involved? How do we buy the book?  How do we stay in touch? BLOG: OF DOLLARS AND DATA HARRIMAN HOUSE PUBLISHING https://twitter.com/dollarsanddata https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/