For anyone who has cash in their tax-free accounts, this one is for you. Cash is not a good place to store your money. As times like now are showing, the purchasing power of the dollar weakens with time. Staying in cash means you are saving cash today to buy less tomorrow. Beat this by putting your cash to work. The easiest method is to chuck that cash into a low-cost index fund. No manager, excess fees, or knowledge required. Nicole Lapin has done a fine job of educating the average person with zero financial knowledge on how to do just this. We spoke about her "Netflix and Chill" strategy and why most new investors should pursue this strategy over trying to find the next great stock. High single digits return on indexes while doing nothing is a wealth builder, plain and simple. It's no secret that I love businesses and finding the best possible ones trading in public markets. But most people do not share my enthusiasm, or have the time to look for well-priced businesses. If you have cash but: • Don't care about learning about businesses • Don't have time to learn about specific businesses • Would rather watch paint dry than learn how to invest in stocks But still want a system to gain financial independence... then this episode is right up your alley. Check out the conversation here ⤵️ Watch: rb.gy/vhdfs Listen: rb.gy/zmkz0
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Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents. https://lnkd.in/gaDRHqyW
What Should I Do With My Money?
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Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents.
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Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents!
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Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents!
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