What’s the secret to turning small, consistent actions into million-dollar results? Legendary financial educator Paul Merriman joins the basement crew to share his powerful principles for building wealth, including the critical role of diversification and the magic of target date funds. Whether you’re just starting or refining your portfolio, Paul’s advice is packed with actionable strategies to help you reach your financial goals.

This episode doesn’t stop there. We tackle the pros and cons of non-traded REITs, decode the SEC’s new push for investor transparency, and dive into an intriguing audience question: is rebalancing your portfolio really necessary? Of course, we sprinkle in some trademark basement banter to keep things lively.

Here’s what we cover:

Paul Merriman's top wealth-building principles
The pros and cons of non-traded REITs
How the SEC's new initiative aims to help investors
Why diversification is the only free lunch in investing
The power of target date funds for long-term success
Stocks vs. bonds: finding the right mix for your portfolio
Is rebalancing your portfolio necessary?
The importance of starting early and staying consistent

Whether you’re here for the financial wisdom or the banter from Mom’s basement, this episode will leave you better equipped to make smarter money moves. Let’s get stacking!

FULL SHOW NOTES: https://www.stackingbenjamins.com/5-million-dollar-ideas-paul-merriman-greatest-hits-1623/

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201

Enjoy!

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