Jared Dillian openbaar
[search 0]
Meer
Download the App!
show episodes
 
Money is hard to make, keep, and control—and almost everyone gets it wrong sometimes. Now, ex-Wall Street trader Jared Dillian is here to talk to you about money: from sorting out your personal finances to killing it on the stock market and everything in between. If you want to own your life—instead of borrowing or renting it—you need to start listening today. Music: Rylan Taggart - Lost Secret
  continue reading
 
Loading …
show series
 
Having money in stocks and mutual funds that perform well doesn’t mean you’re creating wealth. In that case, you’re just a passenger along for the ride on the back of someone else. Creating wealth could mean starting a business or showing up to work and producing value that exceeds what you are paid. In episode 378, Jared discusses the difference b…
  continue reading
 
No, it’s not choosing the right mutual fund to invest in or opting for a 15-year mortgage instead of a 30-year one. Not even paying off all your credit cards cracks the top three. The three biggest financial decisions you will ever make include choosing the right person to marry, your career, and where to live. In episode 377, Jared breaks down why…
  continue reading
 
Mutual funds let you pool your money with other investors to buy stocks, bonds, and other securities. They’re run by professional money managers who decide which securities to buy (stocks, bonds, etc.) and when to sell them. Here’s the thing, though: Mutual funds are not free. That said, they’re inexpensive, but that doesn’t stop people from gettin…
  continue reading
 
In episode 375, Jared maps his evolution from “class warrior” as a kid in Connecticut to his college years when he dabbled in objectivism to his present-day views on the likes of Jeff Bezos. He breaks down the philosophical basis for the revolution that swept through the world in the 1970s and ’80s (influenced by prominent figures such as Ayn Rand,…
  continue reading
 
In episode 374 of the BE SMART podcast, Jared demystifies the key to deal negotiation for a home and why, as a buyer, you should be making a series of negative comments to your realtor to bring the price of a house down. Everything in real estate is negotiable, and it’s a bit like playing cards—meaning it’s helpful to know which cards a seller is h…
  continue reading
 
There are points in time when producers have pricing power, and there are other times when they don’t. This concept is known as demand elasticity. If something has elastic demand, companies can’t raise prices much or else demand will go down. On the flip side, if something has inelastic demand, it doesn’t matter how much prices increase because peo…
  continue reading
 
Catastrophic thinking is when you believe that something terrible is always going to happen, like a divorce, a fatal illness, or devastating financial hardship. A lot of people suffer from it and are susceptible to this mindset, which can cripple your relationships and personal goals. What it boils down to is fear, but the possibility that somethin…
  continue reading
 
No stock is “safe,” but blue-chip stocks tend to be the safest. That’s why, if you go to a financial advisor, they’re likely to load you up on stocks found in the Dow Jones Industrial Average—the Boeings and Microsofts of the world—because it’s a strategy that’s much harder to screw up than others. In this episode, Jared discusses risk, growth, the…
  continue reading
 
Fun fact: Most people in the finance business believe in crazy, ridiculous conspiracy theories. It’s astounding the type of stuff people believe in—like, for instance, that a shadowy government organization buys large quantities of stocks or futures to bleed short sellers and turn a profit. In this episode of the Be Smart podcast, Jared discusses w…
  continue reading
 
Financial Independence, Retire Early (FIRE) is a movement defined by frugality and extreme savings and investment. It’s also a dumb philosophy. Why? Because it is a perfectly normal human desire to accumulate material positions. Consumption is not immoral, and depriving yourself for several years only to continue living in deprivation doesn’t make …
  continue reading
 
Not having a lot of debt, minimizing your exposure to risk, and having financial security are all ways to deal from a position of strength. Sure, having more money often helps, but not always. There’s more to it than that, which we’ll dive into, along with six key things you must do to eliminate financial stress and put yourself in a position of st…
  continue reading
 
There’s a lot of money out there. We have printed trillions of dollars. Let’s put it this way: There is no shortage of money. Really, there’s a surplus, and it’s not that hard to come by. You don’t need to starve yourself or keep the thermostat at 60 degrees in the winter to save money. What it comes down to is a change in attitude. Instead of thin…
  continue reading
 
A lot of people say they want to get rich, but most of the time, these people are full of it. Being rich is a lot harder than it seems—a rich person’s life gets much more complicated once they become rich. More houses, cars, bank accounts, greater investments, and rising taxes… it’s a lot to keep track of, and it can create a lot of added stress. T…
  continue reading
 
If you get into a top-tier school, like Harvard, you must go. But what about second- and third-tier schools? It’s not always a no-brainer based on the cost. Student loans can be crushing, and you need to factor in your return on investment via earnings potential, especially in a world where student graduates are netting $55K a year for sales jobs w…
  continue reading
 
There’s an old saying: “Nothing ventured, nothing gained.” If you want to make money, you must take the risk… because sitting idly and wishing to make money is not going to yield positive results. In today’s episode of the Be Smart podcast, Jared discusses the ways people fall backwards into money, what you should do if you come into a windfall, an…
  continue reading
 
John C. Bogle, the founder and chief executive of Vanguard who is credited with popularizing the index fund, was only worth about $20 million when he died in 2019. Sure, that’s nothing to sneeze at, but he created something so revolutionary that he could have been a billionaire many times over. His idea transformed the entire asset management indus…
  continue reading
 
What is a hedge fund? In today’s episode of the Be Smart podcast, Jared discusses the ins and outs of hedge funds (including the different types), why they are not magic money machines despite rich people’s inclination to invest in them, and the distinction between absolute returns and relative returns.…
  continue reading
 
Capitalism doesn’t suck just because you’re bad at it. Capitalism is a competition. Life is a competition. But that’s what’s so great about the US: There are so many opportunities if you want to take advantage of them. Are you ready to compete in the free market? Dive into today’s episode of the Be Smart podcast, where Jared discusses how to better…
  continue reading
 
Growing up in poverty scars us for life and distorts our relationship with money. The good news: It helps us develop mindful financial habits. The bad: We often don’t experience life to the fullest because we’re always waiting for the next shoe to drop. In today’s episode of the Be Smart podcast, Jared discusses frugality, why so many people carry …
  continue reading
 
You can’t just sit around and expect a million dollars to fall into your lap. It doesn’t work that way. The first step to getting more money is wanting it. And it’s okay to want more money; it doesn’t automatically make you a greedy person. In today’s episode, Jared discusses money-conflicted people and, conversely, ways to grow your wealth if you …
  continue reading
 
The little stuff does not matter. If you want to buy the fancy name-brand Ziploc bags, buy the Ziploc bags. The accumulation of small decisions does not add up to a meaningful amount of money. It's not going to change your life. Remember, it's not the million little things that matter. It's the major expenses—the house, the car, and the student loa…
  continue reading
 
Loading …

Korte handleiding