Rich Habits Podcast

Q&A: Living at Home at 29, Tax-Deferred Annuities, & Amazon RSUs

13 snips
May 29, 2025
The hosts tackle listener questions about personal finance and investing with practical advice. They discuss navigating student debt while weighing community college versus university options. The conversation also covers smart cryptocurrency investments and the importance of a calm, long-term approach to investing. Strategies for using Roth IRAs for retirement savings are highlighted, along with tailored investment practices for young professionals. The value of education and community engagement is underscored, promoting resources for financial growth and support.
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ADVICE

Smart Student Loan Strategy

  • Research interest rates and career prospects before taking student loans for university.
  • Aim to pay tuition out of pocket if possible and ensure your degree leads to a high-paying job.
ADVICE

Invest And Consider House Hacking

  • Keep a high-yield savings account but invest most excess cash in diversified traditional brokerage accounts.
  • Consider house hacking with a multi-unit property to reduce living costs and build wealth.
ADVICE

Keep Crypto Investing Simple

  • Avoid high-fee, complex bitcoin ETFs like GBTC; buy Bitcoin directly for lower fees and direct ownership.
  • Use simple investment strategies by buying and holding Bitcoin systematically over time.
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