The Gerri Willis Podcast

Welcome to Rich is Not a Four-Letter Word, the podcast for your wallet. I’m Gerri Willis with the Fox Business Network. This week, I’m talking to Rob Franek, Editor-In-Chief of the Princeton Review, about the college admissions scandal.

Prosecutors announced that 50 people took part in a scheme that involved cheating on standardized tests or bribing college coaches and school officials to accept students as college athletes even if the student never played that sport. Two Stanford University students have also filed a federal lawsuit seeking class-action status against the universities named by prosecutors. Franek, who counsels students and parents about how to gain admission to highly competitive Ivy League schools, described the scandal as “despicable and deplorable.”Here are the takeaways:

If you’re the parent of a student applying for admission for next fall, don’t despair. Seventy percent of the three million students applying for admission will get into their first-choice school.

Statistically, college grads earn two million dollars over the course of their careers – much more than non-grads. What’s more, college grads have lower rates of unemployment.

Watch for college admissions administrators to provide more clarity and transparency into admissions protocols. There will be changes to the systems to make sure such cheating cannot happen again.

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello and welcome to Rich Is Not a Four-Letter Word, the podcast for your wallet.  I’m Gerri Willis with the Fox Business Network. Today my special guest is Veronica Dagher, Wall Street Journal wealth management reporter and the host of the podcast, Secrets of Wealthy Women, a series of fascinating conversations with successful women talking about how they made it and how they manage their money.

Here are the takeaways:

Financially successful women take an active role in their finances. They know what they own and what they owe.

No one is going to pick you out and make you a star – you have to put your hand up and be able to ask for what you want.

Another thing that really differentiates these women is that when they fall down, they get back up.

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Welcome to Rich is Not a Four-Letter Word, the podcast for your wallet. I’m Gerri Willis with the Fox Business Network and today I’m talking with Tom Zgainer, CEO and founder of America’s Best 401(k) about market volatility. What should retirement savers and 401(k) investors do when the market posts big swings? And, how can you identify the fees and costs that are robbing your precious savings?

Zgainer knows a lot about this because his company advises small business about how to set up high quality retirement programs. Most small business operators don’t have the time or interest in fully vetting retirement programs and that is where America’s Best 401(k) comes in.

Zgainer advises that savers who aren’t close to retirement — more than five years away — should forget the noise. And, everyone should continue investing, no matter what. Remember, if the market tanks, you’re buying assets on sale; always better than overpaying.

Two things are critical for small investors, he says. Start early and make sure your costs are low.  He says that an investor who starts saving at age 25 and only continues saving for 10 years will have more money at retirement than someone who starts saving at 35 and saves til 65. Giving your money time to grow is essential.

Reducing costs is also key. He says that 70 percent of participants in 401(k) plans believe they pay no investment related fees. That, says Zgainer, is wrong. To find out what your plan is charging, go to the providers’ website and get a copy of the fee disclosure. Even easier, check out the website Zgainer shares on the podcast to find out — pronto — if you are overpaying!  

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Welcome to Rich is Not a Four-Letter Word, the podcast for your wallet. Every year about this time, I start thinking about how I can organize my work life and my private life better. How can I never miss an appointment, plan for the future and get my to do lists done for both home AND work?

I’ve bought expensive organizers, tried organizing apps and even used a white board in my office at home. But none of that has seemed to work, until now.

What’s my secret? Its the Bullet Journal or BuJo as the insiders call it. And, it’s an analog method for planning your life in the digital age. More than just a way of organizing the week’s to do list, BuJo incorporates long-term planning, journaling and even hopes and dreams. On today’s podcast, you’ll meet the developer of BuJo and the author of the new book, The Bullet Journal Method, Ryder Carroll, who’ll share tips and tricks for organizing your life.

Carroll developed the idea to help cope with his attention deficit disorder, but as he perfected the methodology, he began to be asked to share his ideas with others. Today, there is a book, called, The Bullet Journal Method, and a video  to help people understand exactly how to BuJo. Check out other Bullet Journals on Instagram to get a sense of how some folks push the envelope. And, don’t be intimidated when you see some of the elaborately decorated journals. You can, in fact, use a BuJo to simply make all your planning details crystal clear — and leave it at that.

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

 View this post on Instagram

 

#Repost @mygianthandwriting with @get_repost ・・・ Some dailies from this week I’ve had some real ups and downs with productivity lately! But I’ve mostly been keeping to writing every day, so that’s something Hope you’re all having a lovely weekend . #bujobasics #bujoinspo #bujoideasrepost #thepalepaper #iloveprettynotes #bujo #bulletjournal #minimalbujo #bujodailies

A post shared by Ryder Carroll (@bulletjournal) on Jan 16, 2019 at 7:10am PST

 View this post on Instagram

 

Love the simplicity and touch of personality. #Repost @lookbullet with @get_repost ・・・ Just finished my monthly event page. Just have to finish filling it out. Very simple and quick to do! #minimalove #minimalistbujo #minimalistbulletjournal #minimalbujo #minimalbulletjournal #stationary #studyspo #studentlife #planneraddict #plannerlayout #bulletjournal #bujomonthly #bujobasics

A post shared by Ryder Carroll (@bulletjournal) on Jan 7, 2019 at 9:21am PST

 View this post on Instagram

 

#Repost @aimighani with @get_repost ・・・ Hello everybody! I’ll be moving into my fourth #bulletjournal in January! Anyone else started working on 2019 spreads? Setting up a new journal is my most favourite part of bullet journaling! . On the left-hand page is a list of things that I definitely want to have in my new journal. I also included some ideas that stick out to me most. I made some notes on the right-hand page about things I want to keep and try. Do you have any recommendations to add to this list? #bujomigration #bulletjournal #bujo

A post shared by Ryder Carroll (@bulletjournal) on Dec 16, 2018 at 5:50am PST

 View this post on Instagram

 

#Repost @sunshineandstationery with @get_repost ・・・ My latest dailies. I’m obsessed with the stickers in @stickiiclub ‘s winter wonderland pack!! • The end of this week marked the end of the first trimester and the end of trimester meetings – I’ll be so happy to be back on my normal schedule next week! It was rough losing so much time in the evening for meetings…but I made it through! I have two more weeks until the holidays, so my goal is to get working on stuff! I’ve let myself be a little “lazy” lately (being sick for so long made me realize I needed a break) but now it’s the final push until the end of the year! Let’s do this! • #leuchtturm1917 #bulletjournal #bulletjournaldailylog #stickers #stickiiclub #fountainpen #journaling #bujo

A post shared by Ryder Carroll (@bulletjournal) on Dec 9, 2018 at 6:14am PST

Learn more about your ad choices. Visit podcastchoices.com/adchoices

On this special holiday edition of the “Rich Is Not A Four Letter Word” podcast, Gerri Willis from the Fox Business Network is reporting from the New York Stock Exchange, but not on what you might think. She was joined by her brother and sister, Steve and Frankie, to reminisce on their favorite holiday traditions, memories, gifts, etc. The Willis siblings share stories about their long car trips to visit family as children, how they like to celebrate the holidays now, and Frankie even shares a story about a young Gerri misleading her about a potential gift under the tree.

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hi, I’m Gerri Willis from the Fox Business Network and host of the podcast, Rich is Not a Four-Letter Word. Up 500 points one day, down 500 the next. The stock market has been incredibly volatile. Has it got you down? Well, on this episode I spoke with legendary markets newsletter writer Dennis Gartman about his views on the market and what individual investors should be doing right now. Gartman, whose newsletter The Gartman Letter is read by many of the leading banks, brokerages, and energy trading companies, is not optimistic about the prospects for markets in 2019. He shares his concerns about volatility, markets, and trade with China. Want to know what to do next? Take a listen:

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hi, I’m Gerri Willis from the Fox Business Network and host of the podcast, Rich is Not a Four-Letter Word. I talked to legendary supermodel and businesswoman Christie Brinkley on the New York Stock Exchange floor about her new product Bellissima Bambini. As an entrepreneur and owner of multiple businesses, Brinkley is proud to offer the only zero sugar, all natural, certified organic prosecco in the marketplace. She reiterates the importance of offering a 100% natural product by sharing that there can be over 52 chemicals in your standard prosecco, including chemicals once deemed safe that are not considered so anymore. Brinkley also offers up a piece of advice for young women, something she writes on the neck of every Bellissima bottle: “Dream big Bellissima dreams and may they all come true.”

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hi, I’m Gerri Willis from the Fox Business Network and host of the podcast, Rich is Not a Four-Letter Word. The holidays are coming up, and I was happy to be joined by Matt Granite (@TheDealGuy) on the podcast! Matt breaks down everything you need to know about Black Friday deals, from which vendors to check out, which categories have the biggest markdowns, and which types of deals to avoid. Listen to the podcast to find out how to get the best bang for your buck this holiday season!

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hi, I’m Gerri Willis from the Fox Business Network and host of the podcast, Rich is Not a Four-Letter Word. Volatility. That’s what we’ve got in the stock market these days and whether you’re an active investor in stocks or simply a set it and forget it 401(k) holder, you need to understand what to expect. Fortunately we have Lindsey Bell, CFRA investment strategist, in to talk about what you need to do during these volatile times. Navigating rocky markets can be frightening but as Lindsey will show, a little information can make the trip easier.Here are the takeaways:

Understand the in insider market talk. It’s really not that hard. A pullback is a market decline of 5 percent to 9.9 percent. Pullbacks are common, happening once every nine months, and recovering takes a mere one and a half months. According to CFRA, we’ve had 56 bull-market pullbacks since World War II. A correction is a pullback of 10 percent to 19.9 percent and a bear market is a decline of 20 percent from highs. Lindsey says a bear market is usually caused by the economy falling into recession and, she says, that doesn’t appear to be in the cards, not now, anyway.

Stay faithful to tech. According to Lindsey, technology stocks still have the best growth potential among major stock sectors. Even though so-called FANG stocks, Facebook, Apple, Netflix and Google, have led the markets for sometime now, their fortunes are more secure because their fundamentals are sound, she says.

The biggest threat to the market? Lindsey says it’s the Federal Reserve, and higher interest rates. The Fed is on target for at least one more rate hike this year, and Lindsey says that over doing the rate hikes to wring inflation out of the economy is the biggest potential problem for markets. Higher rates clip stock performance as companies face higher operating costs.

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello, I’m Gerri Willis and welcome to Rich Is Not A Four Letter Word, the podcast for your wallet. One word to focus on today – volatility. That’s what the stock market has been all about and what traders down on Wall Street are talking about. I spoke to one of them on the floor of the New York Stock Exchange, Stephen Guilfoyle, also known as Sarge, about what to make of the extreme ups and downs plaguing the market now. Here’s what he told me.Here are the takeaways:

When the volatility becomes extreme – take a breath and step back. The truth is, this volatility is making traders with lots of experience nervous. The market these days moves more quickly and in larger waves than ever before largely because of computerized trading and algorithmic trading. Also, we are at higher levels in the market – so a 100 point swing isn’t as big a deal as it used to be.

Algorithmic trading is not your friend. Guilfoyle says that this type of trading, automated and pre-programmed, aims to make money by anticipating what small investors will do.

If the large moves both up and down have you unnerved, he suggests looking at dividend paying stocks because even if your stock plummets, you’ll still get a quarterly payment, a distribution that can make the pain of a lower stock price a little less hurtful.

Guilfoyle says don’t bet against tech yet. He says that sectors like semiconductors and cloud computing will continue to grow.

Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis.

Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word!

Learn more about your ad choices. Visit podcastchoices.com/adchoices