Rich Habits Podcast

111: How to Build a Winning Stock Portfolio, Automatically w/ JJ Maxwell

43 snips
Mar 31, 2025
Join JJ Maxwell, CEO and co-founder of Double Finance, as he dives into innovative investment strategies for everyday investors. He discusses how Double merges active stock picking with passive strategies, allowing users to customize portfolios easily. JJ also highlights automated features like tax loss harvesting that streamline portfolio management. The conversation wraps up with insights on managing tax liabilities and the benefits of established businesses for passive income, making investment accessible and efficient for all.
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ANECDOTE

Austin's Double Investment

  • Austin Hankwitz invested $5,000 in Double Finance's "Large Market Beaters" strategy.
  • He doubled the S&P 500's return over the same period.
INSIGHT

Bridging Active and Passive

  • Double Finance bridges the gap between active and passive investing.
  • It lets users create custom stock baskets or invest in pre-built, thematic ones.
ANECDOTE

Double's Origin Story

  • JJ Maxwell, after selling his company, wanted better portfolio management tools.
  • Existing solutions were either too expensive or lacked desired features, inspiring him to create Double.
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