The Stacking Benjamins Show Tales From The Dirty Underbelly of Financial Management - with Shannon McLay (SB1470)
Jan 29, 2024
Shannon McLay, founder of The Financial Gym, discusses unethical financial practices, the challenges of being a fiduciary, and the importance of financial education and advisor preparation. The podcast also covers the growing gap between China's stock market and the US stock market, the benefits of diversification, and the importance of finding financial advisors who can help clients think better about their goals. Other topics include unique gym routines, the importance of being informed about financial products, and the pros and cons of living in the city vs. outside.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11
Introduction
00:00 • 2min
The Importance of Actions and Introducing Shannon McLay
01:39 • 2min
Exploring the Dirty Underbelly of Financial Planning and Finding Better Financial Partners
03:37 • 4min
China's Stock Market vs US Stock Market
07:16 • 15min
Unique Gym Routine and Podcast Recommendations
22:12 • 3min
Unethical Financial Practices and the Importance of Being Informed
25:36 • 14min
The Challenges of Being a Fiduciary and the Importance of Client Education in Finance
39:22 • 4min
The Importance of Financial Education and Advisor Preparation
43:24 • 20min
403b vs 457 Retirement Plans
01:03:45 • 5min
Cost of Living and Being an Active Member of the Community
01:08:57 • 5min
Importance of Financial Advisors and Chinese Economy
01:13:46 • 5min