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The Personal Finance Podcast

What Percentage of Net Worth Should be in Stocks, Old 401(k), Books for Buying Businesses and More! - Money Q&A

Nov 27, 2024
Dive into the financial frontier with discussions on the ideal percentage of net worth to allocate to stocks. Learn what to do with that old 401(k) and how to strategically pay off high-interest debts like car loans. Explore recommended books for buying businesses and innovative tools for emerging entrepreneurs. Discover the nuances of international index funds and valuable investment services, while hearing inspiring success stories of individuals achieving significant financial milestones. Get equipped with actionable insights for navigating your financial journey!
32:39

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Quick takeaways

  • Assessing whether to pay off high-interest debt versus investing in stocks requires weighing guaranteed repayment against potential market returns.
  • Rolling over an old Roth 401(k) into a Roth IRA is advisable for maintaining tax advantages and controlling investment growth effectively.

Deep dives

Investing in Real Estate Made Accessible

Fundrise simplifies real estate investing by offering a flagship fund that allows individuals to start with as little as $10. As demand decreases and asset prices drop, this fund is set to expand its portfolio significantly in the upcoming months. Investors must assess their objectives and risks before committing, yet the ease of access can attract those who prefer not to manage properties directly. This approach provides a valuable opportunity for individuals to diversify their portfolios without the challenges of traditional real estate management.

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