On episode 3, Peep and Jeremy explain what stocks, bonds, and mutual funds are on a very elementary level. Additionally, they discuss what types of returns you can come to expect from each security, including what makes sense in terms of your stage of life and the size of your pocket book. They also provide a market recap, go over some current events (hint: there's now a third presidential candidate for 2020), and finish up with insight into more dumb decisions they made with their money over the past week.

Show Notes:

(0:00-1:40) Intro

(1:41-22:00) Market Recap (stocks and coronavirus cases only go up), Kanye West declares he's running for President of the United States of America (yes, you read that correctly), and another update on the Luckin Coffee stock scandal.

(22:21-44:12) Explaining Stocks, Bonds, and Mutual Funds for newbies.

(44:13-54:50) More "Money Problems" including a $168 round of golf for Peep (at a course that doesn't charge $168) and Jeremy's neighbors getting cucked by fellow neighbors on the 4th of July.

(54:51-57:15) Outro - Follow @PaperTrailsPod on Instagram and Twitter!