The Stacking Benjamins Show Bridging the Gap Between Academic Research and Industry Expertise Where Do You Get Your Advice? (SB 1397)
Aug 18, 2023
Michael Kitces, Dana Anspach, and in-house CFP OG discuss where to find true financial advice. They explore the positives and negatives of financial Facebook groups, webinars, and masterclasses. The panel emphasizes the importance of psychology in financial planning and creating a personal financial "board of directors." They also touch on the consequences of bad financial advice and the success of Michael Jordan's endorsement deals.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10
Introduction
00:00 • 2min
Winning and Changing Rules in Games
01:50 • 6min
Managing Money, Personal Finance App Recommendation, and Switching Podcast Apps
07:34 • 4min
The Value of Advice for Financial Advisors
11:24 • 19min
The Consequences of Bad Financial Advice
30:47 • 15min
The Legendary Endorsement Deal: Nike, Michael Jordan, and Sonny Vaccaro
45:21 • 2min
Unraveling Michael Jordan's Endorsement Deals
46:53 • 7min
Exploring the Value of Financial Facebook Groups and Different Advice Platforms
53:28 • 2min
Joining Financial Education Groups
55:01 • 17min
The Importance of Diverse Advice
01:11:55 • 4min