
How Good is Popular Personal Financial Advice?
Patrick Boyle On Finance
The Differences Between Popular Financial Advice and Academic Advice
Choi analyzed the advice on things like optimal savings rates, strategies for dealing with debt and asset allocation. Choi found more differences than similarities between popular financial advice and that given by academics. He says it may still make sense for people to follow such advice if they take into account constraints faced by regular people.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.