Rick Van Ness, a prominent Boglehead and financial literacy advocate, shares his insights on common sense investing. He discusses his ten principles for investing wisely and emphasizes the value of bonds in today's market. Transforming financial understanding into actionable plans is a key theme, particularly recognizing personal values. The conversation also touches on the importance of debt management, saving early, and navigating the complexities of retirement accounts, providing listeners with practical tools to achieve financial wellness.
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Rick's Career Shift to Finance
Rick Van Ness transitioned from electrical engineering to financial literacy after losing his job.
He began teaching and making interactive YouTube videos to reach a wider audience with personal finance education.
volunteer_activism ADVICE
The Power of a Written Plan
Writing down your financial plan repeatedly reveals what you truly value.
Keeping your plan visible helps you remember and act on your financial goals.
volunteer_activism ADVICE
Start Saving Early, Whatever Age
Young doctors should make a plan for paying off loans and start saving early, no matter how small.
Older doctors must start saving aggressively without taking inappropriate investment risks.
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This episode we interview prominent Boglehead published author Rick Van Ness. Rick has made a career of teaching financial literacy to the world. We review his ten principles for common sense investing as well as hear why Rick thinks bonds are worth investing in. He talks about his current passion, which we here at WCI understand, getting a financial plan in place. We discuss the importance of knowing what you value and making a plan that accounts for that.
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