E105 - Where did you put my water?

E105 - Where did you put my water?

E105 - Where did you put my water? In money, liquidity and asset location are first cousins. You can’t be sure of one without being sure of the other. Both can speed up or slow down your access to cash. It’s important that you understand how liquid your money is. Simply put, you want it to be there when you need it. In this episode J.J. tries to make this as simple as possible to understand. No, we are not kidding. He really does try. How well he did, that’s another story entirely! One quick note, when J.J. talks about frozen assets he is not talking about how the term is normally used like when the government freezes your assets because you have been naughty. If you are naughty we assume you don’t listen to this podcast. That is the correct use of the term frozen. Here we just use the term to describe the least liquid of your assets. We just wanted to clarify that so you didn’t look silly when talking to your fellow podcast fans.

E104 - I’d love to get to know me better

E104 - I’d love to get to know me better Can one simple question help us cut through the noise and bring mental clarity to our financial planning? How our financial plans go, or even if we have one, is directly tied to how we feel about money. It’s fair to say that we all have very different views about money. That doesn’t make anyone's view wrong, it just makes them different. When it comes to making a financial plan one of the first considerations you have to face is your own attitudes about money. You can’t hope to make a change until you understand who you are, how you feel, and why you act the way you do.

E103 - The tyranny of stuff

E103 - The tyranny of stuff Too much stuff in your life is not good for your mental health. It won't help you live your best life. J.J. talks about his own challenges with stuff and encourages you with his usual poorly thought out humor to purge the things from your home and your life that don't support the things you love to do. As usual, what could possibly go wrong?

E102 - Is golf like investing?

E102 - Is golf like investing? In golf, you have a club for every situation. In investing, you have an investment for every job in your portfolio. But what if you could only have 1 golf club? Which one would you choose? I decided to try the same thing with investing. If I could have only 1 ETF, which one would I choose? Not that I think this is a good idea. I have a golf bag full of clubs and a portfolio full of investments. I just think it’s a thought experiment that is fun and might be educational. Hopefully you think so too! Investments discussed in this episode: * VOO - Vanguard S&P 500 ETF * VTI - Vanguard Total Stock Market Index Fund ETF * VT - Vanguard Total World Stock Index Fund ETF * AOA - iShares Core 80/20 Aggressive Allocation ETF * AOR - iShares Core 60/40 Balanced Allocation ETF

E101 - Let the blind squirrel drive

E101 - Let the blind squirrel drive It’s hard to drive without a speedometer. It’s hard to get rich without an expense tracker. We don’t drive cars without dashboard displays. We would speed and run out of gas all the time. We don’t fly planes without dashboard displays. We would crash far too often to be good for our health. Why is it we think we can manage our personal affairs without an expense and net worth tracker? It’s the financial equivalent of driving without a dashboard and seat belt. As usual, JJ strives to make a point that even a blind squirrel should see. If you know any blind squirrels as it relates to personal finance, please share this episode with them!