<a target="_blank" href="https://www.buzzsprout.com/2449310/fan_mail/new">Send us Fan Mail</a>Wall Street Dummy’ s are shrewd investors who realize that Wall Street’s jibber jabber generates more money for Wall Street than Main Street. They view the moniker DUMMY as a badge of honor and a put down of the Wall Street elite. In this episode I introduce my Dummies Half Time Reports that help them navigate Mr. Market’s periodic hissy fits. <a rel="payment" href="https://www.buzzsprout.com/2449310/support">Support the show</a>

Send us Fan Mail Wall Street Dummy’ s are shrewd investors who realize that Wall Street’s jibber jabber generates more money for Wall Street than Main Street. They view the moniker DUMMY as a badge of honor and a put down of the Wall Street elite. In this episode I introduce my Dummies Half Time Reports that help them navigate Mr. Market’s periodic hissy fits. Support the show

<a href="https://www.buzzsprout.com/2449310/fan_mail/new" rel="noopener noreferrer">Send us Fan Mail</a>Wall Street Dummy’ s are shrewd investors who realize that Wall Street’s jibber jabber generates more money for Wall Street than Main Street. They view the moniker DUMMY as a badge of honor and a put down of the Wall Street elite. In this episode I introduce my Dummies Half Time Reports that help them navigate Mr. Market’s periodic hissy fits.&nbsp;<a href="https://www.buzzsprout.com/2449310/support" rel="noopener noreferrer">Support the show</a>

Season 1, Episode 6 Wall Street Dummies Half Time Report

There are one hundred and thirty million American workers who collectively own $35 trillion in their 401k and related retirement accounts. The owners of these accounts face both challenges and opportunities. The largest opportunity is that their accounts are investment accounts, not savings accounts, and for the past three decades they have grown in the low double-digit range.&nbsp; The main challenge 401k owners face is that there are required to make their own investment decisions by choosing from a limited menu of mutual funds. &nbsp; These 130 million self-directed retirement account owners can be divided into 3 distinct categories. The first are those who could care less about their money and are willing to just let nature take its course. The second group, NEWBIES, are inexperienced in the investment process, but are&nbsp; willing to become engaged in the management of their hard earned dollars. The third group, NERDS, are those who have a modicum of investment expertise and are willing to devote the time and energy to expand their investments skills.&nbsp; The mission of my podcast is to motivate and educate 401k NEWBIES and NERDS on how to optimize their 401k experience. I have a 62-year relationship with the stock market. I have been a stockbroker, finance professor and individual investor. Ten years ago, I appointed myself to the position of 401k guru extraordinaire. I have no investment products to sell.&nbsp; All I have to offer are the objective observations of one who has been there and done that.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;&nbsp; &nbsp;&nbsp;

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There are one hundred and thirty million American workers who collectively own $35 trillion in their 401k and related retirement accounts. The owners of these accounts face both challenges and opportunities. The largest opportunity is that their accounts are investment accounts, not savings accounts, and for the past three decades they have grown in the low double-digit range.  The main challenge 401k owners face is that there are required to make their own investment decisions by choosing from a limited menu of mutual funds.   These 130 million self-directed retirement account owners can be divided into 3 distinct categories. The first are those who could care less about their money and are willing to just let nature take its course. The second group, NEWBIES, are inexperienced in the investment process, but are  willing to become engaged in the management of their hard earned dollars. The third group, NERDS, are those who have a modicum of investment expertise and are willing to devote the time and energy to expand their investments skills.  The mission of my podcast is to motivate and educate 401k NEWBIES and NERDS on how to optimize their 401k experience. I have a 62-year relationship with the stock market. I have been a stockbroker, finance professor and individual investor. Ten years ago, I appointed myself to the position of 401k guru extraordinaire. I have no investment products to sell.  All I have to offer are the objective observations of one who has been there and done that.                       

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Season 1, Episode 6 Wall Street Dummies Half Time Report

Season 1, Episode 6 Wall Street Dummies Half Time Report