Rich Habits Podcast

This Q&A session dives into starting an ice vending business and emphasizes building a strong financial foundation first. The hosts offer insights on using rental sale proceeds for home improvements and investments. They discuss the best strategies for allocating $300K from selling a property, highlighting tax-efficient investing. Listeners learn the pros and cons of 529 accounts compared to brokerage accounts for saving for kids' education. Lastly, practical side hustle ideas for college students steal the spotlight!

Bilal Little, Director of Exchange Traded Products at the NYSE and host of the Central ETF podcast, shares his extensive expertise on ETFs. He discusses powerful advantages for retail investors, including lower fees and tax efficiency. Bilal emphasizes the importance of understanding the risks associated with thematic ETFs and advocates for true diversification through uncorrelated assets. He also speculates on future ETF innovations, like hyper-customization and AI-driven solutions, providing listeners with actionable insights for smarter investing.

Discover the latest insights on the bull market as it approaches its fourth year, along with Jamie Dimon's ambitious $1.5 trillion resiliency plan focused on reshoring and manufacturing. Delve into the hype surrounding Apple's upcoming tabletop smart home device and what it could mean for investors. The hosts also cover a whirlwind of tech headlines, including silver shortages and Netflix's sports media spending. Plus, valuable advice for small businesses on pricing strategies and effective delegation without burnout.

The hosts dive into the nuances of retirement accounts, breaking down options for self-employed individuals. They tackle the dilemma of investing extra mortgage payments versus paying down the loan, showcasing investment benefits. The discussion shifts to the importance of emergency funds and the difference between those and sinking funds for predictable expenses. Parents are advised on the balance of supporting college costs while securing their own retirement. Finally, listeners get practical tips on monetizing marketing skills as a flexible income source.

Stephen Sykes, COO of Public and former SoFi investment products lead, dives into the world of direct indexing and its potential for everyday investors. He breaks down how direct indexing differs from ETFs, emphasizing tax-loss harvesting benefits and lowering investment minimums to $1,000. Stephen also highlights how this innovation democratizes access to sophisticated strategies previously reserved for the affluent. He shares insights on user experience, fees, and the importance of tax optimization, making investing more personalized and manageable.

Dive into the shocking $100B partnership between OpenAI and AMD, exploring the deal's implications for AI technology and competitors like NVIDIA. Discover the latest 2026 tax brackets, including inflation adjustments and how they’ll benefit many households. The conversation takes a surprising turn with a spike in foreclosures—what does it mean for buyers and renters? Plus, quick bites on teen spending trends, rising gold prices, and ethical influencer strategies keep the insights flowing!

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.