7. Listener questions – Wealthsteading Podcast

Episode 353:  Listener questions- Chinese Stocks, Tech Stocks, 2022 Outlook, Portfolio Management, Swing Trading and more. ——————————————————

Episode 318:  Listener Questions: Is it time to buy oil stocks? Why don’t you talk about penny stocks? What happens when a stock is delisted? What is a reverse stock split? Should I contribute to an IRA or a ROTH? What is a good investment book to read? When should you sell a stock? What is a Protective Put? Cash vs Cash Equivalent Fund vs Short Term Bond Fund Terminology ——————————————————

Episode 312:  TRIGGER WARNING:  This episode may offend some listeners…especially those of you that ask DUMB questions.  Bottom line…this episode focuses on the fundamentals of building wealth: Earn/Save/Invest. —–

Episode 305:  In this episode we’ll start off the new year with a slew of listener questions covering everything from Automation to XOM. ————————————————————–

Episode 189:  Listener Questions… Paying off debt Emergency fund Funding retirement plans (401k, IRA, Roth) Becoming an Investor Where to put your initial savings…someplace safe Robo Advisors Discount Brokers Status of my portfolio ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————– UNSUBSCRIBE from this update by replying with the phrase: UNSUBSCRIBE ——————————————————————————

Episode 101:  PART 3- In this episode I focus on answering listener questions which boil down to reviewing the basics of investing including the following:  Getting started in swing trading, using a simple moving average, saving for college, and self-directed IRA. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 100:  PART 2- In this episode I focus on answering listener questions which boil down to reviewing the basics of investing including the following:  alternative investments, how the media manipulates you, the dilemma of low interest rates, where to find the 50 day moving average, disadvantage of Buy & Hold permanent portfolio strategies, one fund I’d buy if I only had one choice, and five key indicators I watch every day. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 99:  PART 1- In this episode I focus on answering listener questions which boil down to reviewing the basics of investing. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 95:  Many listeners have asked about the consequence of losing a second income and having one spouse stay home to raise the children.  In this episode I mention some of the experiences my wife and I had in raising our six children. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 89:  Today’s show answers listener questions about investing a small portfolio.  This is a follow up to Episode 16: Saving vs Investing. My philosophy is much different than most in the Investment Industry- I don’t think you should Invest until you’ve built a substantial Savings nest egg.  You should first learn to EARN (ie get a job or start a business), then SAVE, then INVEST. Put your effort into what has the most payoff- which in the beginning will be EARNING and SAVING.  The Investment Industry wants you to “invest” so that they can charge you fees.  The deck is stacked against people with small portfolios. Everyone asks me how to make a good $1k investment…but no one ever asks where they can buy a nice BMW with $1k.  Because they KNOW you can’t buy a nice BMW with a small sum of money…the same is true of investment opportunities. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 59:  Today we take a break from the turbulent stock market by discussing things to consider if you’re an employee and you’d like a raise in the upcoming year. Step 1 is being productive and Step 2 is communicating that message to your employer (or future employer). Also reference episodes: 9, 22, 23, 24, 49 Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 58:  Today the S&P500 broke below its 50 day moving average, the NASDAQ is resting on its. The 50 day line is a key indicator, watch to see if it ultimately acts as support for the indexes.  If not the breach could result in a fall to the 200 dma (and below).  That would take the S&P500 to about 1945, which in my humble opinion is likely since that’s less than a 2% drop.  Today the S&P500 was down 0.63% with intraday fluctuation of 1.8%. On Wednesday the Federal Reserve will hold a press conference- they’ll try to placate the markets.  Watch to see the reaction of Wall Street.  The Fed may be losing their grasp as the manipulator of last resort. The real story is reflected in bond yields.  The 10 year Treasury yield continues to drop, now at around 2.12%.  That’s a sure sign of concern among major institutional investors.  If they’re concerned, you should be too. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 57:  The perfect stock trading system is the one that works best for you.  Don’t believe the scammer’s claims that their back tested algorithm is fail-safe.  The same goes for late night TV infomercials that tout real estate flipping or get rich options trading schemes. In stock trading, as well as life…you need to develop your own methods that reflect and resonate with your inner abilities and passions.  What works for others won’t necessarily work for you. Your creator made you unique and different from all other creatures- take advantage of that and make something of it. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 56:  In this episode we discuss Cash, Bonds, Stocks, Mutual Funds and ultimately why Exchange Traded Funds (ETF) may be best for you. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 47: My news sources are very simple. – Firstly, I avoid visual media of any kind (ie no broadcast, cable or internet TV). – To find the truth, I triangulate between the New York Times & the Wall Street Journal. – Investor’s Business Daily is a good reference for current stock market trends. – The Financial Times, Reuters, Bloomberg, The Economist, & Forbes are newsworthy. – Go directly to the source, many government & industry groups make their data easily accessible. – REMEMBER: everyone has an agenda, everyone is trying to sell you something. For additional information listen to Episode 8: Decrypt Propaganda (Wealth Building Principle #8) Listen to my Permaculture Voices podcast interview with Diego Footer reference simple strategies to start a new business from a permaculture perspective:    http://www.permaculturevoices.com/podcast/simple-ideas-and-strategies-for-breaking-ground-into-a-new-career-in-permaculture-with-john-pugliano-pvp093/ Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 40:  I’m playing this uptrend all in but not foolishly. My positions are spread over five groups: General Market, US Dollar, Transportation, Staples, & Utilities.  I believe the global economy is extremely brittle and for that reason have limited my exposure to just a few individual stocks; therefore, I’ve tried to mitigate risk by putting the vast majority of my assets in ETFs. Listen to my recent appearance on Steve Stewart’s MoneyPlan SOS podcast:  http://MoneyPlanSOS.com/168 Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 33:  Investing in the stock market isn’t anything like gambling- gambling has better odds ! Don’t be deceived- no “expert” can accurately predict the economy or stock market.  There are no secret algorithms or trading strategies.  There are no determinate odds, there is only risk and uncertainty. That doesn’t mean we can’t profit from stock trading.  It just means that there are no easy solutions, there are no get rich quick opportunities.  Production is the source of wealth. [wealth building principle #3] Market review- IBD has the market in correction.  Be cautious. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 31:   Mortgage debt- whether you pay off the mortgage or not, the point is to lead a prudent lifestyle so that you own your house and it doesn’t own you. Should you pay off your mortgage early?  That depends…we discuss some options. The main take away on debt- the interest fee isn’t the biggest penalty, it’s the use of leverage to lead a life that’s beyond what you can afford.  The danger is: not living within your means. In this episode we also cover Obamacare propaganda and some other news tidbits. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 28:  The markets are extremely volatile and the US dollar is rising.  IBD’s market status has moved back under pressure after only a few days of uptrend.  My take can be found here:  http://www.investablewealth.com/markets-volatile-while-the-us-dollar-rises/ The global economy is slowing.  The rising dollar may hurt exporters and reduce foreign profits because of unfavorable exchange rates.  Be cautious. Listener questions on:  Triple Witching Expiration, Alibaba IPO. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 27:   Financial news sources I use on a daily basis In this episode we answer listener questions: –          Sources for news and financial information. –          Discount stock brokers. –          Sources for online stock charts that show moving averages and volume. Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.  

Episode 19: Identifying trends- what to look for…short/long term…we drill down and get granular to analyze a specific stock — Applied Optoelectronics [listener submitted] Reference– Wealth Building Principle episodes: #5 Embrace Technology & Innovation, #6 Profit from Trends, and #7 Profit from Nature Subscribe to the Wealthsteading Podcast via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 18: Credit card usage…enjoy the incentives but pay off the balance monthly. I don’t trade on the FOREX but I do use ETFs to take advantage of movements in the US Dollar (UUP & UDN). UUP appears to be in an upward trend. It’s above the 50 day moving average and has broken through short term resistance. The 50 day has crossed the 200- this is a very bullish sign. As the Fed continues to tapper, the European Central Bank appears to be easing, this should further help the US dollar. I don’t trade commodities but I do use options, especially protective puts. Subscribe to the Wealthsteading Podcast via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 17: Where to park your savings Save first, worry about rate of return later. First work on accumulating your nest egg, building your net worth…then worry about getting investment income. Variation of Mark Twain quote: You should be more concerned about the RETURN OF your principle than the RETURN ON your principle. So where should you house your nest egg? We discuss: 401k, ROTH, IRA, Bank Account, 529 Education — Be cautious of investment vehicles that have restrictions or high fees What asset class should your savings be in? We discuss: Cash, ETFs, Mutual Funds, Stocks, Bonds, Real Estate — Dollar cost averaging is a savings method…Trading is an investment strategy —– Trading can be used as a hedge to protect against a market in correction EVERYTHING involves a RISK…including BONDS ! Subscribe to the Wealthsteading Podcast via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 16: Saving vs Investing: Earn + Save + Invest = Wealth Learning to SAVE precedes learning to INVEST. Most people want to skip ahead to Investing, because it’s thought to be more glamorous. That’s how the media and the financial industry have propagandized the message. The industry wants you to “invest”…so that they can charge you fees. Before you can invest, you need to save a substantial “nest egg”; otherwise the rewards for your efforts will be minimal. Mark Twain said, “You should be more concerned with the return OF your principle than the return ON your principle”. As you begin to build your nest egg, your net worth will be most impacted by your SAVING habits, not your investing achievements. Save at least 20%…remember wealth building principle 10: Wealth is a lifestyle. Subscribe to the Wealthsteading Podcast via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 13 o  Market’s stay below 50 day moving average and IBD changes the market status to “market in correction” on 8/5/14. o  Fear of Russian sanctions/counter-sanctions on world economy Smoot Hawley Act ushered in the Depression o   Large exodus out of junk bonds Listener questions o   How to invest a small sum of money?  You don’t, you save it.  There’s a difference between “saving” and “investing”. o   Ebola- is it real or hype?  Doesn’t matter in terms of the stock market where perception is reality.  Trades are made in anticipation of future earnings…the threat of a pandemic could positively or negatively impact a stock’s short term price. Propaganda o   Yahoo Finance charges for headline placement o   Democratic congressman shames Obama for lying…while enabling him Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.