Spencer Jacobs: The Reddit takeover of Wall Street created a perfect storm. He says people who got in early sold and made money, but those who stayed didn't take one for the movement. But he says there's a way to stick it to Wall Street by not paying them at all. Jacobs: You can open up an Robinhood account,. buy a bunch of stocks, and not check it for five years. They're not going to be making any money off of you.
#420: Harvard professor Arthur Brooks described two types of intelligence – and explained, in scientific terms, the wisdom that comes with age.
Dr. Ellen Vora, M.D., shared insight into the roots of procrastination, offering evidence-based tips for how to overcome our own inner demons of anxiety, fear and laziness.
Psychology professor Bill von Hippel described why too much happiness is just as detrimental to our long-term health and wellbeing as too little happiness.
Wall St. Journal columnist Spencer Jakab observed the perfect storm of conditions that gave rise to meme stonks and other oddities of our era.
Former financial planner Joe Saul-Sehy argued for “strategic under-diversification” and explained the Sharpe Ratio.
Data scientist Nick Maggiulli explains the save-invest continuum.
And financial planner Bill Bengen, the creator of the 4 percent retirement withdrawal rule, talks about what most people misunderstand about the safe withdrawal rate.
These are just some of the highlights from the Afford Anything podcast in this 2022 year-in-review episode.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode420
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