Impostors Podcast - Money With Katy

Given current market conditions, it seemed like a good time to revisit the age-old temptation for investors: Should I…try to stop the bleeding and make more active investment choices? Surely I could do better than -22%!

In most personal finance circles, this question is heresy—but lucky for you, I like to rock the boat. We’re digging into the case against active, some oddly compelling arguments for it, and everything in between in this week’s episode. Don’t call the FI/RE department on me! (See what I did there?)

I'm joined by Jack Raines of the blog Young Money (https://www.youngmoney.co/) today to discuss 'the true cost of alpha.' (Alpha = an investment's ability to beat the market.)

This is also our first episode with a listener Q&A. Today’s is about commission income: How it’s taxed, how to budget for it, and how to invest it. Got a question you want answered? Make sure you’re following Money with Katie on Instagram, where you’ll see our call for questions!

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Mentioned in the Episode

• Jack's article, A New Definition of Alpha
• Nick's article, Why You Shouldn't Pick Individual Stocks
• Dalio's book, The Changing World Order
• Mike Green interview on Resolve's Gestalt University

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• Listen to Money with Katie here: https://www.podpage.com/money-with-katie-show/
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This episode is sponsored by Betterment.

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