Why is personal finance so complicated? Even worse, the Internet is full of personal finance “experts” providing short-sighted, error-prone, and outright bad financial advice. Jesse Cramer has a knack for using everyday experiences to make personal finance accessible for the average investor. His extensive research coupled with skilled narrative makes personal finance actually enjoyable. By day, Jesse works for a fiduciary wealth management firm in Rochester, NY. By night, he runs The Best Interest - nominated in 2022 for "Personal Finance Blog of the Year.” The Best Interest simplifies personal finance and investing to make your life easier, smarter…and a little richer, too. Come invest in knowledge with The Best Interest.
https://bestinterest.blog
Gesamtlänge aller Episoden: 2 days 15 hours 49 minutes
Are You Saving Too Much? | with Nick Maggiulli - E60
Today, I’m going to share the five false proxies leading people astray in their financial goals. In fact, what if I told you a recent study revealed your $1 million investment principal was more likely to quadruple than remain flat even after...
Think and Grow Rich…Really?! | How to Money and 5AM Joel - E59
What kind of mood would you find yourself in if a tree fell onto your house? Would it ruin your day? Our guests might have something to say about that… Joining me today are two of the most outrageously optimistic, enthusiastic experts in...
Why Inaction is an Investor's Best Friend - E58
Today’s episode starts in Minnesota, during an experiment where young men were intentionally starved. They knew starvation would affect their body, but were shocked by how it affected their brains. We then travel to Johnsonburg, a small town in...
Does the Debt Ceiling Affect Your Finances? - E57
You might’ve seen it on the nightly news or read it in the morning paper, but things got a little tense on Capitol Hill leading into Memorial Day weekend. Today we’re going to talk about the debt ceiling crisis that almost happened in the US....
7 Facts That'll Change How You Invest in the Stock Market - E56
Investing can be stressful. We worry when our accounts are going down and grow overconfident when our accounts are going up. So how do we find a good baseline? Surprisingly, one of the answers has to do with chess and a Chinese...
Conversations with Aging Parents - E55
Time is coming for us all, and according to one survey, 73% of adult children haven’t had detailed conversations with their parents about their parents’ finances. In fact, many of them don’t know how to even start the discussion. Today,...
Choosing FI, with Brad Barrett - E54
Today, we explore the concept of FIRE, a community of individuals dedicated to the principles of achieving financial independence and early retirement. Jesse plays devil’s advocate against FIRE, dives into the nuance of the 4% rule (a...
Roth vs. Traditional, and Other Vital Tax Topics - E53
Three things are certain in life: death, taxes, and a couple weekly articles from The Best Interest. Today we explore the intersection of two of the most important components of personal finances, taxes and investing and why you might save thousands...
The Big Risk Staring You in the Face - E52
Uncle Jim is certain Tesla stock is about to go up. He’s been right before. I mean he’s also been wrong, but only when something unpredictable happened. So, should we trust Uncle Jim knows what he’s talking about? Well, I’m confident...
Why is Personal Finance so Complicated?
Why is personal finance so complicated? Even worse, the Internet is full of personal finance “experts” providing short-sighted, error-prone, and outright bad financial advice. Sure, we all need the basic advice - investing 101,...