AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Afford Anything
Ask Paula: Is Mom Getting Ripped Off by Her Investment Advisor?!
Dec 27, 2023
01:10:55
Snipd AI
Nicole worries about her mom's investments; Paul wants to lower his income for financial aid; Nick considers long-term care insurance rates. Former financial planner Joe Saul-Sehy and Paula tackle these topics in today's episode.
Read more
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Pre-paying expenses can help reduce future financial burdens and can be done through mortgage payments, car loan payments, and advanced tax payments.
- Investing in unlisted REITs carries significant risks, and inexperienced investors should be cautious and fully understand the risks before investing.
Deep dives
Pre-paying Mortgage and Car Loan
To pre-fund expenses, you can consider pre-paying your mortgage by either paying it off completely or making advanced principal payments. Similarly, pre-paying your car loan by covering the next three years' payments can help reduce future expenses.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode