#65: Host Chris Hutchins tackles questions about the current market, where to put cash, investing strategies, backdoor Roth IRAs, net worth tracking, financial planning and saving money on gas. Chris also shares some listener hacks to save money and the top deals he’s seen lately.
Full show notes at: https://allthehacks.com/listener-questions-4
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Resources Mentioned
Investing
All the Hacks Newsletter: All About Investing Part 1 Wealthfront: $5,000 managed freeSeries I Savings BondsBlockFi (CEO Zac Prince: @BlockFiZac)
CME FedWatch ToolDollar-cost averaging just means taking risk laterWash-Sale Rule DefinitionJust How Valuable Is Tax-Loss Harvesting?Backdoor Roth IRA DefinitionMega Backdoor Roth 401(k) Conversion ExplainedXY Planning NetworkWealth Foundry: George Galat V, CFPWealthfront: Net Worth Tracker + Free Financial PlanningMint: Budgeting AppKubera: Net Worth TrackerAssetDash: Track Crypto and NFTsTiller: Import account data into spreadsheetsCiti Premier® CardGasBuddy: Cheapest Gas Station Finder AppLowes Coupons CodesCashback Monitor: Compare Cash Back Deals Across 100+ SitesRetailmenot: Earn Cash BackLowes E-Gift Cards on AmazonFree Grubhub+ with Amazon PrimeFree Uber One with Disney+Free Cultivist membership for Capital One Cardholders (access 100+ museums)
All The Hacks#43 - Why 50/50 Doesn't Work: A New Model for Happier Relationships with Kaley and Nate Klemp#59 - Save Money, Build Wealth, and Just Keep Buying with Nick Maggiulli#64 - Inflation and All Things Money with Jacob Goldstein#42 - Beating Inflation, Alternative Assets, and Simplifying Your Finances with Ben Carlson#55 - Maximize Your Points: Stacking, Buyers Clubs, Redemption Hacks, and More with Julia MenezOn the Brink#329 - Zac Prince (BlockFi) on Navigating Through the StormAnimal SpiritsMacro Voices
Full Show Notes
(02:32) Current Markets: Money Needed in 3-5 Years
(03:27) US Government Series I Savings Bonds
(04:19) Crypto High-Yield Savings Accounts
(05:55) High Yield Savings Account
(06:47) Windfall Investing and Dollar-Cost Averaging
(10:15) Tax Loss Harvesting
(12:18) Direct Indexing
(17:45) Backdoor Roth IRA for High Earners
(19:31) Mega Backdoor Roth 401(k) Contributions
(22:08) Podcasts for Advanced Investors
(25:27) Comprehensive Financial Planning
(30:11) Streamlined Account Tracking
(33:19) Saving on Gas: Discounts, Cards, EVs
(36:53) Listener Money-Saving Hacks
(40:08) Premium Subscriptions and Perks
(41:03) Listener Success Story: Hotel Hack Wins
(41:38) Nominate All the Hacks for Awards
Connect with All the Hacks
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Chris Hutchins: Twitter | Instagram | Website | LinkedIn
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