Personal Finance for Long-Term Investors - The Best Interest

This episode features thoughts on Kanye West, and detailed answers to two terrific reader/listener questions. A few links: Original Kanye article: https://bestinterest.blog/kanye-broker-than-me/ ChroniFi podcast: https://podcasts.apple.com/us/podcast/acting-in-your-own-best-interest-interview-with-jesse/id1597816029?i=1000579101148 BiggerPockets podcast: https://podcasts.apple.com/tr/podcast/the-almost-guaranteed-way-to-31x-your-investments/id1330225136?i=1000579159475

In this episode, we talk about: - the college loan forgiveness program - "gardening" vs. "dining out," and how it applies to financial planning - a blog reader asking if they made a BIG investing mistake?

The podcast is back! This episode covers... - a quick (hopeful) plan for the future of the pod - discussing "The Perfect Investor," and why they're a mythical character - and a favor: send me your questions!

Long time, no chat! This episode is a mixture of: - some catch-up conversation - a few big money topics to discuss - my career change - answering YOUR questions - and a sprinkling of other random stuff Mentioned in the episode: TicToc Life: https://www.tictoclife.com/ "No More Side Quests": https://thereformedbroker.com/2021/11/15/no-more-side-quests/ "Does Not Compute": https://www.collaborativefund.com/blog/does-not-compute/ Noom: https://www.noom.com/ Influence: https://amzn.to/3rus7tS

Today's episode features "Landshark," who is retiring in his 40s in 2022. We discuss his investing path to multi-millionaire status, his thoughts on retiring with two young kids, and much more. Landshark SNL skit: https://www.youtube.com/watch?v=p_NS2H55dxI Random Walk Down Wall Street: https://amzn.to/3nUCxmE Coffeehouse Investor: https://amzn.to/3lQFLF8 Simple Path to Wealth: https://amzn.to/3ExNuQV The Automatic Millionaire: https://amzn.to/3nTKubB Your Money or Your Life: https://amzn.to/3CCJw7P Landshark's spreadsheets: https://docs.google.com/spreadsheets/d/1G_Kx0H1oDoABP_qhWtRr5G-RJAWbSpzBMWDMmkwbVps/edit?usp=gmail https://docs.google.com/spreadsheets/d/1zQXLMbuEbV8-a4ebKfiqoo_9k5LArUobhlJf6MhGJjw/edit#gid=853516457 ...his website: Landshark.org Social Security Calc: https://www.physicianonfire.com/calculators/ssa/ Wait but Why article: https://waitbutwhy.com/2015/12/the-tail-end.html

Today's guest is Purple, of the famous A Purple Life blog. We discuss retiring at 30, fun lessons from Year 1 of retirement, and share plenty of jokes about birds, passwords, and good books. If you want to reach Purple, check out https://apurplelife.com/

This episode features The FI Couple - a young husband and wife from upstate New York who are utilizing real estate to reach financial independance. Find the FI Couple: On Instagram: https://www.instagram.com/theficouple/?hl=en On Twitter: https://twitter.com/theficouple?lang=en On their website: https://www.theficouple.com/ Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

Michelle Jackson is an entrepreneur involved in various forms of financial media and non-financial media. Plus, she's super funny and entertaining. Get ahold of Michelle at: https://michelleismoneyhungry.com/connect-with-michelle/ Listen to Michelle discuss personal finance with a sex worker: https://podcasts.apple.com/us/podcast/making-money-online-as-a-sex-worker-a/id1142053967?i=1000530725647 Listen to Jesse and Michelle discuss Bitcoin: https://michelleismoneyhungry.com/what-is-bitcoin/ Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

Today's guest is Money Jrod, a man whose simple-but-effective financial tactics allowed him to defeat debt and start his path to financial freedom. Jrod on Twitter: https://twitter.com/MoneyJrod Jrod's free ebook: https://jrodbudgeting.gumroad.com/l/oaKXv Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE Rules - are they meant to be broken? This episode looks at financial rules. Should we follow them at all costs? Is it ok to break them? Who makes these rules, anyway? This episode is based on an article written on The Best Interest blog: https://bestinterest.blog/rules/

Kolin a.k.a. Decade Investor shares the ideas that have garnered him tens of thousands of followers and students at the young age of 23! Twitter: https://twitter.com/DecadeInvestor Insta: https://www.instagram.com/decadeinvestor/?hl=en YouTube: https://www.youtube.com/channel/UC3dKixSDvctXjUhPcCj9vug Website: https://decadeinvestor.com/ Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

Episode 30 features "Dividend Hero," a 23-year old investor with a 20K+ social media following. 'Hero' guides us through some of his favorite stock picks, as well as general thoughts about being a young investor. Dividend Hero's Twitter: https://twitter.com/HeroDividend Article on Bayesian analysis: https://bestinterest.blog/results-oriented-thinking/#Bayesian_Analysis Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

This week on our Twitter Spaces, the listeners write and call in to ask us anything, and we reply live on air. Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC

Sean, a.k.a. the FI Squirrel, might be the BEST guest yet on The Best Interest Podcast. I loved this conversation so much, as we traverse his financial knowledge and experience. Whether you're just getting started or an experienced investor - you'll love his genuine thoughts, his helpful wisdom, and his willingness to help others. Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE FI Squirrel Twitter: https://twitter.com/FI_Squirrel

This week on our Twitter Spaces, we spoke about real estate investing. Show notes: Shadow's book: https://shadowskaggs.gumroad.com/l/rentingrural Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC

Adam Shoup freely shares his debt story, and that openness has earned him thousands of fans. On this episode, Adam tells us how he fell into debt...but also how he crawled back out (with help from his wonderful wife - it's a team effort!). Tons of great lessons to learn from Adam's experience. Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE Adam's Twitter: https://twitter.com/AdamShoup Adam's Facebook group: https://www.facebook.com/groups/374211647647562

This week on our Twitter Spaces, we spoke about the cost of college. What do the financial numbers say about college's long-term benefits? Show notes: Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC

This episode features "The Art of Purpose," an online content creator who recently reach financial independance. We discuss: Online content creation Financial independance The public school system The psychology of money And even classical music :) Links: Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE AOP's Twitter: https://twitter.com/creation247 The Create 24/7 Course: https://gumroad.com/a/235476083/oHCQf The MasterClass: https://creation247.gumroad.com/l/masterclass247 Jesse's contact: [email protected] https://bestinterest.blog https://twitter.com/BestInterest_JC

This week on our Twitter Spaces, we had a car talk - all about the finances of cars. Show notes: Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC Dave Ramsey article: https://bestinterest.blog/rules/ Car cost article: https://bestinterest.blog/cost-of-car-ownership/

Sean Cranston is a two-time father and two-time author of books about investing. In this episode, we discuss his growth from "wandering" through life to owning a half-million dollar portfolio by age 30. This episode is sponsored by Personal Capital. Start your Personal Capital account today - personalcapital.sjv.io/9WAGRE

This week on our Twitter Spaces, we take on Bitcoin. Is it the future? Or a fad? Show notes: Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC Article on "buying the dip" with Bitcoin: https://bestinterest.blog/buy-the-dip-for-bitcoin/

On Episode 20 of The Best Interest Podcast, we welcome Brennan Schlagbaum, the "Budgetdog" We discuss: - How "Budgetdog" started and how the 2008 financial crisis influenced Brennan's financial stance - The infamous "mortgage vs. investing" debate - Investing in yourself Find Brennan: Twitter: https://twitter.com/budgetdog_ Instagram: https://www.instagram.com/budgetdog/?hl=en Find Jesse: The Best Interest https://bestinterest.blog Twitter: https://twitter.com/BestInterest_JC

This week on our Twitter Spaces, we take on the classic "Roth vs. Traditional" question. Should you pay taxes NOW? Or wait to pay them LATER? And this episode even includes some very entertaining trolls :) Show notes: Dave - @UncommonYield Roger - @UpshotWealth Brandon - @RinkydooFinance Adam - @AdamShoup Andy - @OhHaiAndy Shadow - @ShadowRents Jesse - @BestInterest_JC Tax bracket article: https://bestinterest.blog/how-tax-brackets-work/

New content here, guys. Every Sunday night, a group of 7 of us financial educators are hopping onto Twitter Spaces, which is a new Twitter feature that allows audio chatrooms. Each week, we're tackling a different topic, drawing on our various experiences on knowledge sets. We're calling this show - Up and to the Right. The direction of growth, be it personal or financial. We're recording these sessions and I'll be posting them here. The topic for this first week - if you have a mortgage, should you try to pay it down early? Or should you take those extra funds and invest them? Thanks for listening, come check us out next Sunday night on Twitter. And as always, an investment in knowledge pays the Best Interest.

In Episode 17, we talk all things inflation. - What is it? - How does it happen? - Should you be worried? - And what you can do to fight it? Here's the original article from The Best Interest: https://bestinterest.blog/what-is-inflation/

Steve Adcock retired at age 35, and has been helping others purse similar goals ever since. On this episode, we discuss: Steve's FIRE journey Planning for happiness in retirement Steve's precise finances and investment choices And much more If you want to hear more from Steve... His Twitter, @SteveOnSpeed His current site, SteveAdcock.us His former site, ThinkSaveRetire And his recent video on CNBC

I'm joined by "Your Friend Andy," who runs a terrific YouTube channel about personal finance and investing. Andy and I discuss: - finding his financial footing - transitioning from 9-5 to entrepreneurship - shared experiences in content creation - and Bitcoin! You can reach Andy on Twitter: @ohhaiandy and YouTube: https://www.youtube.com/channel/UC4fMxirqCcPGOe6E3YdSFXQ Best Interest article about Bitcoin: https://bestinterest.blog/explaining-bitcoin-in-simple-terms/

And we're back! After a three-week delay, this episode of the Best Interest Podcast takes a deep dive into all the GameStop drama that's occurred over the past few months. The blog post: https://bestinterest.blog/gamestop-short-squeeze/

Fiona ("The Millennial Money Woman") is a professional financial planner-turned-blogger whose mission is to provide financial literacy to the masses. We have a terrific conversation where we discuss... *Fiona's sad-but-inspiring genesis story *The financial literacy gap in America *Why 'amateur' financial educators can still be so effective *Using Twitter to help people learn about money Fiona's blog: https://themillennialmoneywoman.com/ Fiona's Twitter: @The_MMW

Kat Rucker is a personal finance blogger, geographic arbitrager, and owner of Rucker Sales Consulting, a B2B and B2C consulting firm out of Phnom Pehn, Cambodia. Kat's business: katrucker.com Kat's blog: cash4kat.com Kat's Twitter: @Cash4Kat

On Episode 11 of the Best Interest Podcast, I interview Justin Nacpil. Justin is the voice behind the Road To Wealth podcast. We talk about how Justin's thoughts on money have changes since having two young kids. We talk about the way we met---through Money Twitter---and the interesting things we learn from that community. And we take deep dives down a few interesting sidebars that I think you'll enjoy. Find Justin on Twitter (@RoadtoWealthPod) and Instagram (@RoadToWealthPodcast). You can find Road to Wealth on all common podcast apps.

This episode is a *terrific* interview with personal finance writer, investor, and Twitter powerhouse Brandon-Richard Austin a.k.a Rinkydoo Finance Brandon writes at RinkydooFinance.com and Tweets from the account @RinkydooFinance (https://twitter.com/rinkydoofinance) Books we discussed today: I Will Teach You To Be Rich: https://amzn.to/2Q1xaDn Never Split the Difference: https://amzn.to/3daDgKs

In Episode 9, we talk about the biggest lessons from COVID 19. It applies to personal finance, running a business, and even taking a walk in the woods. And we answer a listener question about "the biggest one thing" we'd suggest a personal finance rookie to focus on. https://bestinterest.blog/budget-basics/ https://bestinterest.blog/biggest-lesson/

In Episode 8, I read from my recent article "31 Lessons in 31 Years." And I answer a listener question about Roth accounts vs. Traditional accounts and a question about pesky investing fees. (P.S. - sorry about Sadie's jingle noises!) 31 Lessons in 31 Years---https://bestinterest.blog/lessons/ A Lot Can Change in Ten Years---https://bestinterest.blog/change-in-ten-years/ On 6-year old luck of the draw---https://bestinterest.blog/meritocracy/ This is Water -- https://bestinterest.blog/lessons/#27_This_is_Water A Bimodal Mindset - https://bestinterest.blog/bimodal-spending/

Today's episode is an entertaining and informative conversation with "5 AM" Joel of 5amJoel.com and BudgetsAreSexy.com Link to 5AM Joel's site: https://5amjoel.com/ Link to Budgets Are Sexy: https://www.budgetsaresexy.com/a-dogs-guide-to-personal-finance-%F0%9F%90%95/ Link about GameStop Short Squeeze Q&A: https://bestinterest.blog/gamestop-short-squeeze/

We start Episode 6 by talking about the future. Is the outlook optimistic or pessimistic? Will the world be better or worse? Will our investments go up or down? And then we answer a listener question (from Spain!) about NFTs, or non-fungible tokens. Links mentioned: The Compound Show about "redlining" Investing at All-Time Highs Mr Market

We break down Warren Buffett's annual letter to the Berkshire Hathaway shareholders. How does the "Oracle of Omaha" address his co-owners? And then we get a great question from Chris & Jenni at TicTocLife. If you're saving up for a near-term goal, should you try to invest that money? The Best Interest Patreon: https://www.patreon.com/bestinterest Berkshire Hathaway Shareholder Letter: https://www.berkshirehathaway.com/letters/2020ltr.pdf Chris & Jenni at TicTocLife: https://www.tictoclife.com/

The market drops 2% and people clamor, "Buy the dip!" Let's talk about how dumb that is. And then let's discuss Michael Burry's opinion that the U.S. is about the face an inflation crisis comparative to 1920's Weimar Germany. Yikes. Mentioned in this episode: "Priced in" - https://bestinterest.blog/priced-in/ "The CoronaViral Stock Market" - https://bestinterest.blog/stock-market-coronavirus/ Viral Stock Market Strategies - https://bestinterest.blog/stock-market-strategies/ A Random Walk Down Wall Street, by Burton Malkiel Note--Affiliate Link: https://amzn.to/3uH5Fys

On Episode 3 of the Best Interest Podcast, we discuss personal finance unknowns. Sudden expenses, 'black swans,' and what we can do to save ourselves from trouble. https://bestinterest.blog/personal-finance-unknowns/ I also answer an interesting question about CAPM--the Capital Asset Pricing Model. Cool stuff!

How can a windy lake teach us about long-term investing? And I answer listener questions about my first investment, about bonds, and about the "flat earth" conspiracy. How fun!

In this inaugural episode of the Best Interest Podcast, Jesse revises the show's starting point by addressing the audience in May 2024, recommending new listeners to begin with the most recent content or from episode 44 onwards. Jesse admits the early episodes from its initial launch in February 2021 had lower quality, suggesting the later episodes have significantly better production, content, and engaging interviews. He encourages new listeners to either work backwards from the latest episodes or choose topics and guests of interest from recent content for an engaging and educational experience. 00:00 Welcome to the Best Interest Podcast! 00:31 A Candid Look Back: The Evolution of Our Podcast 01:21 A Sneak Peek: The Podcast Trailer