Rich Habits Podcast

In a lively Q&A session, experts tackle diverse financial queries. They discuss smart strategies for reallocating profits from quantum computing gains and the best options for rolling over a Government TSP. Listeners learn how to wisely invest a $1.2M settlement and whether to formalize a side mechanic business as an LLC. Tips for managing a $60K allocation and tackling $40K debt are shared, emphasizing the importance of reducing expenses and pursuing side hustles. Plus, insights on transferring Roth IRAs to lower fees make for a well-rounded financial guide.

Discover essential year-end financial moves to save on taxes and build wealth for the future. Learn about maximizing retirement contributions and the importance of using your FSA before it expires. Explore smart charitable giving strategies like donating appreciated stock and donor-advised funds. Get insights on investing priorities, including how to balance student loans and investments. Plus, tips on evaluating vending machine businesses to ensure long-term success. Don't miss this valuable checklist!

Discover the buzz around Apple's shift from the Vision Pro to sleek smart glasses. Explore how OpenAI skyrocketed to a $500 billion valuation and what it means for the tech landscape. The hosts dive into the potential fallout from the government shutdown on jobs and economic indicators. Plus, get insights on trending topics like FICO's licensing, lithium investments, and the rise of affiliate marketing for side hustles. Tune in for a mix of tech news, economic analysis, and practical financial advice!

This episode dives into the intricacies of adjustable-rate mortgages and 2-1 buy downs, providing clarity on their benefits and drawbacks. The hosts weigh in on whether to sell or keep a mortgage-free home in retirement, emphasizing smart financial strategies like the 4% rule. Listeners learn the importance of keeping unused credit cards for credit scores and the advantages of buying a discounted family house as a rental. Key insights on balancing retirement savings with travel plans offer practical advice for financial management.

Ilya Pozin, founder and CEO of Telly and co-founder of Pluto TV, dives into his fascinating journey from immigrating to the U.S. to pioneering ad-supported media. He unveils Telly's unique model of giving away premium TVs funded by ads, explaining how commoditization enables this strategy. Ilya shares insights on building Pluto TV, navigating funding challenges, and his vision for Telly as a central home platform with innovative features. He emphasizes the importance of AI and hints at what's next for their technology, making it a must-listen for aspiring entrepreneurs.

Dive into the financial news as the hosts discuss Amazon's hefty $2.5 billion settlement for misleading Prime members. They also explore Starbucks' decision to close over 400 locations and what it takes to turn around a struggling business. Plus, get the scoop on Nvidia's staggering commitment of $100 billion to OpenAI, and what it means for the future of AI technology. Other hot topics include Morgan Stanley's new crypto offerings and insights on managing imposter syndrome among business owners.

The hosts tackle intriguing questions about wealth management. They discuss strategies for rebalancing stocks tax-free within IRAs and how to approach real estate decisions in St. Petersburg. A listener seeks advice on selling a primary home to boost retirement savings. Philanthropy takes center stage, with tips on giving away millions. They also advise against using low-rate loans for investing and prioritize financial strategies for young homeowners. Tune in for insights that blend finance with personal values!

Discover how the seemingly harmless $9.99 subscriptions can sneakily drain your wealth. The hosts reveal fascinating psychological tricks behind charm pricing and the endowment effect that keep us hooked. They share a simple three-step method to audit and cut unused subscriptions, potentially turning $194 a month into a whopping $678K over 30 years with smart investing. Listeners also get practical advice on cash allocation and navigating the rent versus buy dilemma. Tune in for clever tips that could transform your financial future!

Bilal Little, Director of ETFs at the NYSE and host of ETF Central, joins the conversation to unpack the latest trends in investing. He shares insights on NVIDIA's significant $5B investment in Intel and its market implications. The discussion dives into ETF innovations, including outcome and structured products, as well as the growing momentum of crypto ETFs. The episode also features a rapid-fire segment on various market developments and answers listener queries about hiring and payroll strategies for entrepreneurs.

This discussion dives into the struggles of feeling financially squeezed, highlighting tips to balance spending and saving effectively. They tackle the realities of real estate in Canada, including dealing with losses and smart investment strategies for self-employed folks. Listeners learn how to evaluate and source off-market deals, alongside the risks of using HELOCs for high-yield investments. Finally, they explore how to smartly invest proceeds after selling a business, emphasizing diversification and proper financial planning.