Personal Finance for Long-Term Investors - The Best Interest
Jesse Cramer
Why is personal finance so complicated?
The internet is flooded with personal finance “experts” sharing short-sighted, error-prone advice. But long-term financial success requires thoughtful, patient, and well-researched strategies.
Hosted by Jesse Cramer, a former aerospace engineer turned fiduciary financial advisor in Rochester, NY, Personal Finance for Long-Term Investors simplifies complex financial topics. With relatable stories, in-depth research, and practical tips, Jesse helps you master financial planning for families, make smart decisions about tax-efficient investing, and build strategies for retirement planning and beyond.
Formerly known as The Best Interest Podcast, and inspired by Jesse’s award-nominated blog The Best Interest, this podcast is your trusted resource for comprehensive financial planning and smart investing.
Whether you're looking for optimal investment allocations, retirement planning advice, or generational wealth transfer ideas, this show makes personal finance approachable, enjoyable, and actionable.
A richer tomorrow starts with learning today. Invest in your knowledge with Personal Finance for Long-Term Investors.
The internet is flooded with personal finance “experts” sharing short-sighted, error-prone advice. But long-term financial success requires thoughtful, patient, and well-researched strategies.
Hosted by Jesse Cramer, a former aerospace engineer turned fiduciary financial advisor in Rochester, NY, Personal Finance for Long-Term Investors simplifies complex financial topics. With relatable stories, in-depth research, and practical tips, Jesse helps you master financial planning for families, make smart decisions about tax-efficient investing, and build strategies for retirement planning and beyond.
Formerly known as The Best Interest Podcast, and inspired by Jesse’s award-nominated blog The Best Interest, this podcast is your trusted resource for comprehensive financial planning and smart investing.
Whether you're looking for optimal investment allocations, retirement planning advice, or generational wealth transfer ideas, this show makes personal finance approachable, enjoyable, and actionable.
A richer tomorrow starts with learning today. Invest in your knowledge with Personal Finance for Long-Term Investors.
Episodes
Mentioned books
Mar 29, 2021 • 31min
Birthday Lessons, Roth vs. Traditional, and Those Damn Fees! - E8
In Episode 8, I read from my recent article "31 Lessons in 31 Years." And I answer a listener question about Roth accounts vs. Traditional accounts and a question about pesky investing fees. (P.S. - sorry about Sadie's jingle noises!) 31 Lessons in 31 Years---https://bestinterest.blog/lessons/ A Lot Can Change in Ten Years---https://bestinterest.blog/change-in-ten-years/ On 6-year old luck of the draw---https://bestinterest.blog/meritocracy/ This is Water -- https://bestinterest.blog/lessons/#27_This_is_Water A Bimodal Mindset - https://bestinterest.blog/bimodal-spending/
Mar 23, 2021 • 59min
A Deep Dive with "5AM" Joel - E7
Today's episode is an entertaining and informative conversation with "5 AM" Joel of 5amJoel.com and BudgetsAreSexy.com Link to 5AM Joel’s site: https://5amjoel.com/ Link to Budgets Are Sexy: https://www.budgetsaresexy.com/a-dogs-guide-to-personal-finance-%F0%9F%90%95/ Link about GameStop Short Squeeze Q&A: https://bestinterest.blog/gamestop-short-squeeze/
Mar 16, 2021 • 34min
Optimism, Pessimism, and NFTs - E6
We start Episode 6 by talking about the future. Is the outlook optimistic or pessimistic? Will the world be better or worse? Will our investments go up or down? And then we answer a listener question (from Spain!) about NFTs, or non-fungible tokens. Links mentioned: The Compound Show about "redlining" Investing at All-Time Highs Mr Market
Mar 9, 2021 • 30min
Buffett's Letter & Investing with Savings? - E5
We break down Warren Buffett's annual letter to the Berkshire Hathaway shareholders. How does the "Oracle of Omaha" address his co-owners? And then we get a great question from Chris & Jenni at TicTocLife. If you're saving up for a near-term goal, should you try to invest that money? The Best Interest Patreon: https://www.patreon.com/bestinterest Berkshire Hathaway Shareholder Letter: https://www.berkshirehathaway.com/letters/2020ltr.pdf Chris & Jenni at TicTocLife: https://www.tictoclife.com/
Mar 2, 2021 • 28min
Buy the Dip and Hyperinflation - E4
The market drops 2% and people clamor, "Buy the dip!" Let's talk about how dumb that is. And then let's discuss Michael Burry's opinion that the U.S. is about the face an inflation crisis comparative to 1920's Weimar Germany. Yikes. Mentioned in this episode: "Priced in" - https://bestinterest.blog/priced-in/ "The CoronaViral Stock Market" - https://bestinterest.blog/stock-market-coronavirus/ Viral Stock Market Strategies - https://bestinterest.blog/stock-market-strategies/ A Random Walk Down Wall Street, by Burton Malkiel Note--Affiliate Link: https://amzn.to/3uH5Fys
Feb 23, 2021 • 33min
Personal Finance Unknowns, and CAPM - E3
On Episode 3 of the Best Interest Podcast, we discuss personal finance unknowns. Sudden expenses, 'black swans,' and what we can do to save ourselves from trouble. https://bestinterest.blog/personal-finance-unknowns/ I also answer an interesting question about CAPM--the Capital Asset Pricing Model. Cool stuff!
Feb 17, 2021 • 24min
Long-Term Investing Takes Faith - E2
How can a windy lake teach us about long-term investing? And I answer listener questions about my first investment, about bonds, and about the "flat earth" conspiracy. How fun!
Feb 11, 2021 • 4min
Start Here: The One Thing to Know Before Starting The Best Interest Podcast - E1
In this inaugural episode of the Best Interest Podcast, Jesse revises the show's starting point by addressing the audience in May 2024, recommending new listeners to begin with the most recent content or from episode 44 onwards. Jesse admits the early episodes from its initial launch in February 2021 had lower quality, suggesting the later episodes have significantly better production, content, and engaging interviews. He encourages new listeners to either work backwards from the latest episodes or choose topics and guests of interest from recent content for an engaging and educational experience. 00:00 Welcome to the Best Interest Podcast! 00:31 A Candid Look Back: The Evolution of Our Podcast 01:21 A Sneak Peek: The Podcast Trailer
