Rich Habits Podcast cover image

Rich Habits Podcast

Q&A: Putting $1.6M of "Dead Equity" to Work, Selling Single Stocks, and VYM

Apr 18, 2024
Explore financial topics like maximizing investment returns, selling single stock investments, leveraging dead equity, and navigating money discussions with partners. Learn about optimizing finances, investment strategies, and property investments while promoting webinars and wealth-building summits.
31:16

Podcast summary created with Snipd AI

Quick takeaways

  • Having emergency funds in high-yield savings accounts is crucial for financial security and unexpected expenses.
  • Diversifying investments with a mix of dividend-paying ETFs and growth stocks can optimize long-term portfolio performance.

Deep dives

Optimizing Savings in High-Yield Account

Having $18,000 in a high-yield savings account with a 5.15% return annually, a listener questioned whether considering Treasury bills or ETFs is better. The hosts emphasized the importance of emergency funds for unexpected expenses like funeral costs, acting as a financial safety net.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode