“Money Talks” with Swedroe, Ferri & Merriman — Part 1

There is something of interest for every investor in this “Money Talks” event that brought together Rick Ferri, Larry Swedroe and Paul Merriman to discuss personal finance and investing from their various perspectives. It was a free live online event hosted by Choose FI’s Community Director Jennifer Mah on Oct. 7, 2020.

Due to length of the conversation, we are presenting it in two parts. Here are some of the diverse topics covered. Part 2 will be broadcast next week.

The topics covered were diverse and included:

• The difference between the desire, willingness and need to take risk
• How to build portfolios for retirees during a period of low interest
• Pros and cons of Monte Carlo studies
• When it makes sense to use advisors who charge by the hour
• Why understanding investors is more important than finding the best investment strategy
• Keys to retiring early
• How do you know when you have enough to retire?
• The pros and cons of investing in companies that pay dividends
• Why retirees depending on dividends should increase their exposure to stocks
• How to make smart tax-efficient moves
• How to you move from one strategy to another
• Pros and cons of target date funds
• Pros and cons of preferred stocks
• Which are best:  CDs or bond funds?
• What investments should be held in taxable and tax deferred accounts?