Nick Maggiulli - Personal Finance Myth-Busting: The Truth Behind Common Money Misconceptions - podcast episode cover

Nick Maggiulli - Personal Finance Myth-Busting: The Truth Behind Common Money Misconceptions

Jul 07, 202240 minEp. 207
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Episode description

Tune in to hear:

- How did Nick land on a kinder, more gentle approach, to personal finance?

- What is the least conventional bit of financial advice that a reader may come across in Nick’s new book?

- Nick’s new book states that most savings advice is problematic - where does he differ from the conventional wisdom with respect to savings advice?

- How should we think about lifestyle creep from a data driven perspective?

- How should people think about investing at a time when inflation is rising this dramatically and when the market is not keeping pace?

- A sub chapter of Nick’s book says that “not even God can beat dollar cost averaging.” Why, historically, has waiting for a more opportune time to enter the market not been an effective strategy?

- How do you buy in a crisis and why shouldn’t we fear volatility?

- Did Nick change his mind about any major issue as he did the research for his new book?

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Compliance Code: 1022-OAS-6/13/2022

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