The Dough Roller Money Podcast

Investment advice is everywhere. Some advice you'll find for free but if you're looking for professional advice, tailored to your financial situation and goals, you may have to pay for it. Is it worth investing in? We talk to Vanguard's Steve Utkus about assessing the value of advice. Read More: https://www.doughroller.net/investing/hire-investment-advisor-manage-investments/

Think Retiring Early is Just for the Wealthy? Think Again. Chris Mamula, author of Choose FI, achieved financial independence at a young age with a middle class salary. Here's his story.

Stay calm and don't run from a bear. The same holds true in a bear market. In fact, the next serious market crash could be the best thing to happen to your investment portfolio.

In this episode we're going to talk about the simple math behind the FIRE movement (Financial Independence, Retire Early). How do you even start to think about how much money you'll need when you're ready to retire? The good thing is, it's easier to figure out than you might think. Plus, Rob talks about his new book, which is now available on pre-order.

In this episode, Rob discusses the process of buying a home (he just bought one!) But how should he (and you) keep track of important documents? Rob created a shared spreadsheet that you can use to keep track of everything important related to his home.

In this episode, Rob gets theoretical: How much control do we actually have over our financial situation? Rob tackles the issue, and dives into the Latte Factor - the idea that if you stop buying your cup of coffee at Starbucks you'll end up with a million dollars in 40 years. Is that true, or does it rest on unrealistic assumptions?

In this episode, Rob talks about his plan to generate a million dollars in wealth through cash back rewards. He tries to strike a balance between maximizing cash rewards while maintaining simplicity by using just one credit card. He walks us through which cards he's using, discusses Ebates, and shares his wisdom on earning cash back.

In this episode, Rob talks about investment fees and whether they really matter. Are fees important, or are the returns what we should be focusing on? Rob also takes a detour to discuss the Secure Act - a piece of legislation that would make changes to retirement accounts. Find out how it would affect you if it passes.

In this podcast, Rob takes a deep dive into what you get when you pay high advisory fees. He compares the Fidelity Freedom 2050 target retirement fund with the similar Vanguard 2050 retirement fund. He ends off with three questions to ask yourself before you leave an expensive managed investment fund: Is my advisor’s strategy truly adding value to my portfolio? Am I comfortable having all my money in just three or four funds?  How will I handle it when my portfolio underperforms? 

In this episode, Rob talks about Health Savings Accounts. He calls them "one of the best tax-advantaged accounts" you could have - he tells us why he has one and why you should too. Oh, and if you want to watch it on Youtube, the the podcast has a video new format - check it out!

In this episode, Rob discusses Balance Transfer Credit Cards. What are they, what aren't they. How to use them, how not to use them. Trick, traps. And everything else you should think about when you consider applying for a balance transfer credit card. He also answers some listener questions about the latest Flywheel episode and more.

In this episode, Rob answers listener questions about REIT funds and the Smart Beta. He also discusses the Flywheel, which describes investing as difficult to get started but easy thereafter. It’s a fun episode - enjoy!

In this episode Rob discusses four questions from readers focusing on investing for retirement. Oh, and his book is hitting the shelves soon - be sure to check it out!

In this episode, Rob discusses The Progress Principle, coined by Teresa Amabile and Steven Kramer, and gives advice on how to apply it to your financial life. From tracking your net worth to using the debt snowball to rid yourself of debt, Rob gives you the tools you need to progress in your financial life.

In this episode, Rob dives deep into best practices for asset allocation. Hint: There's no one right answer - everyone will have a strategy that works best for their own personal needs. But use the tools Rob gives you to figure out your own stocks vs. bonds allocation.

In this episode, Rob discussed a couple of financial tools he finds useful that can help you with budgeting, retirement planning, and much much more. One of the tools you might be familiar with, the other maybe not. As always, he hopes this episode will help you in your quest for financial freedom.

The markets declined recently. We all lost money, on paper. We all started to worry. and we questioned everything. In this episode, Rob talks about the psychology of facing a downturn in the stock market.

In this episode, Rob asks what's more important within the FIRE movement - the FI (Financial Independence) or the RE (Retiring Early). He also discusses the future of the movement in the face of the next bear market.

When it comes to money, things can become very confusing. This confusion can lead to stress, which leads to poor spending habits. In this episode, Rob tells us his four simple strategies to simplify the financial world in order to be successful with money in the long-term.

Rob teaches us how to manage an emergency fund after reading a discussion on the topic on the Dough Roller Facebook group. He tells us what he does with his own emergency fund, and give us some insight into the best alternatives that might be right for others.

In this episode, Rob tackles some questions from the Dough Rollers Facebook group. The common theme: should you pay off debt first and save or invest later? More Here

Today we look at the binder I put together to help explain our finances to my wife and children should I get hit by a truck.

We examine the 7 levels of financial freedom.

Today we cover Warren Buffett's letter to Berkshire Hathaway shareholders and answer 3 lister emails.

Today we answer a listener's question about how to invest a $1.5 million inheritance for somebody in their 20's.

We look at 10 steps every recent college graduate should take to master their money

Today we answer questions from our Facebook group, including the best books of 2017

We answer listener questions about investing, retirement and credit cards.

Today we interview Wayne Weber, founder of giftofcollege.com. The company makes it easy to give the gift of education by contributing to a loved one's 529 plan.

Today we talk with Jeanne Fisher, CFP of ARGI to discuss Roth vs. Traditional Retirement Accounts

We look at defined benefit plans for small businesses.

We look at why you likely have more tan 30 different credit scores, and what they all mean.

We look at the latest proposal to reform individual and corporate taxes.

We interview JW of The Green Swan to talk about his journey toward financial independence and early retirement.

We cover 0% balance transfer cards, including how they work, balance transfer fees, and how to use them effectively.

We discuss no penalty CDs and how they can be a great place to keep your emergency fund.

Today we talk with Paul Merriman about how to stick to an investing plan during a bear market.

Today we cover 6 critical steps when applying for a job.

Today we answer listener questions on target date retirement funds, the stock market, transferring investments, credit cards, and cash reserves.

Today we answer questions from our Facebook Group. We cover compound interest, lending money to friends and family and how to calculate how much you need to retire.

I review my experiences with two very different investment advisors. We'll discuss their fees, the issues they addressed, and recommendations they made for my finances and investments.

Today we talk with famed value investor, Guy Spier. The author of The Education of a Value Investor, Guy shares with us some of his investment approach that has enabled him to beat the S&P 500 for two decades.

Today with interview JL Collins, author of The Simple Path to Wealth. We talk about everything from investing to careers to financial freedom.

Rebecca Moffett and Ann Gill join us from Vanguard Charitable. We talk about charitable giving, how to evaluate charities, and donor advised funds.

With the Fiduciary Rule about to go into effect, we look at how fee-only advisors can hurt an investor.

We answer your questions, including whether the market is to rich for new investments, asset location, and short term investment goals.

Today we discuss why the stock market is a dangerous way to invest for short term goals. Instead, we give you four other options.

Here's my take on Paul Merriman's Ultimate Buy and Hold Strategy. We also answer three listener questions

Today we have Paul Merriman on the show to discuss his ultimate buy and hold strategy.

Today we interview Blooom co-founder, Chris Costello. We talk about 401k investing and the state of the financial industry.

Trump just released his plan for individual and corporate tax reform. Here are the details.

Today we interview Mark Zoril, who offers financial planning for just $96 a year.

Today we look at adoption, Tesla's valuation, index fund investing, budgeting with quicken, Roth 403b accounts, and more.

We talk about taking responsibility for our finances, the best budgeting apps, mortgages, real estate, and forming an LLC

We interview Chris White, author of Working with the Emotional Investor, Financial Psychology for Wealth Managers

Today we look at EE Savings Bonds and how to deal with the minimum investment requirement of mutual funds.

Today we talk about childhood money stories that affect how we handle money as adults, EE Bonds, asset allocation, and of course chess.

We interview certified financial planner Jeanne Fisher about asset and wealth management, including fees

Today we cover more healthcare, investment expenses, Schwab index funds, Motif Investing, investment returns, and what makes us happy.

Today we cover health care, COBRA benefits, commodities, tracking investments, and setting financial priorities.

We discuss health care, savings account rates, American Funds, retirement accounts, multiple streams of income, and hiring a CPA.

Today we answer your investing questions, including the relevance of past performance and backdoor Roths.

We evaluate Snap's recent IPO to determine whether it's a good investment.

We answer your questions ranging from bad 401k options to paying off a mortgage early.

Today we look at 401k and 403b fees, and I share a mistake I made and how I'm going to correct it.

Today we answer your questions about everything from moving investment accounts to modified insurance policies.

Today we talk about the rise of robots, passive investing, and acorns (a FinTech investment service)

Today we answer some great questions by podcast listeners about investing. We cover RMD, asset allocation, asset location, free brokers, the fiduciary rule and a whole lot more.

In the final installment in our series of How to Build Wealth on Any Income we look at bond investing.

In our series on How to Build Wealth on Any Income, today we look at investing in REITs and commodity funds.

In our series on How to Build Wealth on Any Income, today we look at the benefits of investing in foreign stocks.

In our series on how to build wealth on any income, today we look at tiling an investment portfolio toward value funds

In our series on How to Build Wealth on Any Income, we look at how to leverage small companies in an investment portfolio.

In our continuing series on How to Build Wealth on Any Income, today we start a deep dive into asset allocation and how to build a solid investment plan.

In our series on How to Build Wealth on Any Income, today we look at what drives stock prices. So often investors see the market as a game, at best. The reality is that behind every stock mutual fund or ETF are real live businesses working to earn a profit. And it's ultimately profits that drive the direction of stock prices.

In our series on How to Build Wealth on Any Income, we look at the 7 things that affect investment returns.

We look at the importance of investment returns for generating wealth, and how even small differences in returns can have a huge difference on your wealth.

In our continuing series on How to Build Wealth on Any Income, we look at time, and the importance of investing as early as possible.

We cover six ideas on how to spend less than you make, including the value of life experiments and the spending audit.

Continuing our series on how to build wealth on any income, today we look at the important question of how much should you save.

Today in our series on how to build wealth on any income, we answer your questions on everything from 401ks to future stock market returns

Continuing our series on how to build wealth on any income, today we explore the incredible power of small amounts of money if invested over time.

Continuing our series on how to build wealth on any income, we look at the power of compounding.

In part one of our series on how to build wealth on any income, we look at the importance of the net worth statement. We explore how our monthly budget affects our net worth, and the importance of compounding.

We talk about 2016, a BHAG for 2017, net worth updates, your most frequently asked questions, and what to look forward to in 2017.

One percent doesn't seem like much. But pay an investment advisor 1% a year and it could easily cost your more than $1 million over a lifetime of investing. In this podcast, we look at why investment fees matter.

We respond to a listener's question about credit card debt. She wants to know if it makes sense to take out a personal loan to pay off four credit cards. We talk about why it can be a good move, but also a significant risk.

A listener named Steve is making some important investment decisions in his 401k. While we can't give him any specific advice, we use his choices to talk about common issues facing all retirement investors.

We look at credit card merchant category codes and how they affect cash back rewards. We also talk about 4 cash back card strategies.

Health Savings Accounts offer a tax advantaged way to pay for medical expenses. They only apply with high deductible health insurance plans. But if you have one, they can be used for everything from emergencies to retirement. We explain how in this episode.

With interest rates on the rise, we respond to a listener's question about bond investing. Specifically, should we avoid bonds now until we are comfortable that rates won't rise further.

Refinancing a mortgage can be a great way to save money. While falling interest rates often spark a refi frenzy, there are other reasons to refinance a mortgage. We look at the 4 key times refinancing can make sense and how to evaluate the cost savings.

If you’re a first-time homebuyer, shopping for a mortgage can be scary. There are just so many options out there, and you may not understand what all the terminology means. Before you apply for a mortgage, you should be sure that you understand what’s available. There are literally thousands of specific mortgage products on the […] The post What Types of Mortgages Are There and Which One Is Right for You? appeared first on The Dough Roller.

Welcome back to our eighth – and  final – installment of the How to Start an Online Business series. We’ve covered what you need (and don’t need) to make money online, how to set up a WordPress site, what you need to do to drive traffic to your business, and now, we’re going to talk […] The post How to Make Money With Your Blog appeared first on The Dough Roller.

Welcome to the 7th installment of our podcast series on launching your own, profitable website or blog. I’m glad you’ve stuck around and hope you’re learning a lot. In past posts, we’ve talked about picking the right domain name, setting up your WordPress site, and content strategy. Today, we are going to talk about driving […] The post How to Drive Traffic to Your Online Business appeared first on The Dough Roller.

I received my initial financial education, particularly as it relates to investing, courtesy of the school of hard knocks. My wife and I spent the first decade of our careers investing with an advisor, one who was paid by commissions on the products we were sold. In the process, we made many massive and expensive […] The post Variable Annuities: What They Are and Why They’re a Bad Idea for Most Investors appeared first on The Dough Roller.