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Episode notes

Ben Felix has one of the few personal finance channels I watch. Chief Investment Officer at PWL Capital, he also co-hosts the Rational Reminder podcast. We discuss the finance ‘rules’ to avoid, why human behavior makes us bad investors, and the questions you need to ask if you want your money to support a better life. Ben also opens up about his cancer diagnosis earlier this year and how it’s changed his perspective.

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If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Here are the papers referenced:

Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice Anarkulova, Aizhan and Cederburg, Scott and O'Doherty, Michael S.
Finding and Funding a Good Life - Ben Felix

Ben’s channel: https://www.youtube.com/c/BenFelixCSIRational Reminder podcast: https://www.youtube.com/c/RATIONALREMINDER

Chapters:

00:00 - Franchise Exhibition ad

00:39 - Why finance?

06:29 - Home bias

13:42 - Vanta ad

14:47 - Are you over-exposed?

17:19 - Low US returns coming?

23:06 - 4% rule

27:09 - TaxZap ad

28:23 - Rational investing?

35:00 - Investment approach