Transcript
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KFC Sponsor (0:28)
A KFC tale in the Pursuit of Flavor the greatest insult the Colonel ever suffered was being served a wrap that was just a snack by a friend. So he took two crispy tenders, lettuce, tomatoes and pepper mayo and wrapped them in a soft tortilla. It wasn't a snack, it was a meal. He called it a twister and never called that friend again. The Colonel lived so we could chicken the Twister. Now back at KFC Classic or with bacon. Also try it spicy. It's finger licking good.
Joe Saul-Sehy (0:56)
Prices and participation may vary.
Joe Saul-Sehy (0:58)
Hey Stackers. You know on Monday we talked about Courage with Jen Drummond. An amazing story of climbing the second highest peaks around the world. But the focus really on you having the courage to go reach whatever those goals are that you've set for yourself. On Wednesday we talked about retirement and travel, fusing the two of those ideas together in a fascinating discussion with George Georgi. And we're going to end our greatest hits week today with a little time travel. We're going way back to 2016 and before you hit. Well, I don't want to hear 2016. You got to check this out. The name of the episode was called Investing in a Sky High stock market which 10 years later at the time we thought that the stock market was really high. The Spy. We call it the Spider. It's an exchange traded fund that tracks The S&P 500, the 500 biggest stocks in America. You can buy that and just own a little piece by the way, of all 500 stocks.
Joe Saul-Sehy (2:02)
Stocks.
Joe Saul-Sehy (2:02)
A lot of people do that. Good choice for your large company stocks and your 401k if that meets your goals. But back then I just did a little homework. It was trading at $190 a share. If you were buying it today, it's trading just below 700 a share. 10 years later you would have bought it for 190. Today 700. And by the way, I didn't even look at reinvesting dividends what your actual return was. But from less than 200 to 700. That' a big reason why I wanted to play this. But you'll also hear us actually talk about a bunch of different headlines. So it was hard to name this show at the time. I actually it's funny, I remember trying to name this because there are a few different fusion points that we baked into this particular episode. But what strikes me is that there's always something to worry about. This episode, as I listened to it, is so evergreen because we have the Same fears then 10 years ago that we have today. And look at where we've been. We've had a pandemic. We had runaway inflation for a little while. We've had a stock market that's been on a tear right the last 10 years with a couple hiccups. But generally it's been a nice run. And for those of you who missed him when he was part of our roundtable discussions, by the way, Greg McFarlane was on this one. The guy Stackers either loved or hated, but I think mostly loved him for his gruff sense of humor. And what you might not know is when Greg had to leave the show, that's when OG joined the Friday crew. So if you've only been listening for a short period of time, that's a little history of stacking Benjamins. By the way, if you're new here, usually during our eight week run of shows, most of the time, OG and I and Doug, we'll dive into a topic or a headline. On Monday, that's our Monday show is a deeper dive into some personal finance headline and giving you tips to take based on the headline that are much more evergreen and will help you build a more robust financial plan. On Wednesdays, we'll interview one of the big names in personal finance or business. Because if you're trying to stack Benjamins, you want to be great on the job, you want to be great off the job. We'll talk lifestyle design. We'll talk all kinds of things. So we've had the CEOs of Royal Caribbean, Coach, Cirque du Soleil, United Airlines, Honeywell, more on the show. But in the personal finance space, Susie Orman has been here, Ramit Seti, David Bach, Jill Schlesinger, Gene Chat, Sky, Rachel Cruz, and many of the other great personal finance names so that we can get the best outside advice for you and help you create a better financial plan for yourself. Those are our mentor Wednesdays and then on Friday it's our chattiest show. It's this roundtable discussion between three bloggers, podcasters, media experts. These are people that that I generally hang out with. I know these people very well, they're just friends that are very good at what they do and have some great chops. People that are well respected in the industry and we take headline, we take a topic and you know what, sometimes you'll hear how bad we mess stuff up or you'll also hear how we, how we think about these things just as people that are in the trenches working on a financial plan just like you are. So it's our chattiest show and that's what we're doing today. But we're going back to 2016 when things were a little different. But as you'll hear, very, very much the same. Just two quick things before we start today's show. Our shiny new Boston group up and rolling. My daughter Autumn lives in Boston. She's already signed up for the group. James, Carol Ann, Susan, they have been planning this for months. And finally it's time for the first meeting. It's going to be next Wednesday, March 11, 6pm at Hannah's Brewing, that's in Melrose. Come out and meet other like minded individuals. Meet your people. They are going to have some fun. They're going to give some stuff away. It's going to be a really great time in Melrose. 6pm the way to sign up and tell us that you're coming is stacky benjamins.com meetup. Of course you can also join our Benjamin's After Dark Facebook group for between the meetings to stay motivated and to help like minded people who are in your backyard. So I love seeing our stackers get together across the country. And now starting next week in Boston. All right, one meetup you don't want to attend is the meetup with the person who stole your credit. Well, I guess you would want to meet them and get your credit back, but let's try to make sure that doesn't happen in the first place. And the way we do that is with our tool called the Vault. It's alive, it's working for a bunch of our stackers. Not only does it protect your privacy getting you off those email and text list, but it monitors your credit, cuts your subscriptions, helps you bump up your credit score, create a better debt pay down strategy and more. Cheryl and I use it in our weekly meeting and what you've seen is that other tools do pieces of what the Vault does. But why have seven different apps on your phone when you could just have one? And one that works with the credit bureaus, one that's built by some of the top developers in the land. Stacking benjamins.com vault if you go there, you'll see our YouTube, one of our walkthrough videos so you can check out everything about it. Really a fantastic tool and people saving a bunch of money and even better than that, making sure that the bad people don't get to their identity. Stacking benjamins.com vault all right, we've got a couple sponsors that help us keep on keeping on. We're gonna hear from them and then it's Friday and Len Penzo, Paula Pant and Greg McFarland join me. Looking at how sky high the stock market is and a few other big headlines on this Friday. Coming back on Monday, we are gonna have a fun week one of our shows. Anna Allen, back to answer your Stacky Benjamin's questions. Can't wait to hear. By the way, if you want us to answer your question. Stackybenjamins.com voicemail and you can be on an upcoming show where Anna, Og and I tackle your question. All right, let's hear from our sponsors and then roll into our Friday I just ordered some new pants, which everyone around here appreciates. When you work from mom's basement, people don't always know that you still want to look good. We do video now, so you got to look good. You usually can't see my pants, but you can see the cashmere sweater that I got recently. And as you may not know, a thoughtfully built wardrobe comes down to pieces that mix well and last. And that's where I got to tell you. This is where Quince shines these pants that I just purchased. Premium fabrics consider design and everyday essentials to feel effortless to wear and dependable even as the seasons change. Quince has the everyday essentials that I love and quality that last. When I bought the cashmere sweater, I was asked immediately where I got it because it looks so good and it pairs with so many different things in my closet. Lightweight cashmere sweaters, short sleeve Mongolian cashmere polos, linen bottoms and shorts, tees at 100 pima cotton and European jersey linen. These are the versatile pieces that make a wardrobe actually work season after season. Quince works directly with top factories and cuts out the middlemen. You're not paying for brand markup or fancy retail stores, just quality clothing. Cashmere is 100 Mongolian, same stuff luxury brands use. The Pima cotton is long staple, which means it stays soft. It doesn't pill up. The European jersey linens, breathable, lightweight, everything is built, hold up to regular wearable and still look good. Their clothing's rated four and A half and five stars by thousands of people wearing it every day. And they only partner with factories that meet rigorous standards for craftsmanship and ethical production. This sweater has become my go to. And these pants, absolutely the same. Right now go to quince.comsb and you're going to get free shipping and 365 day returns. That's a full year to build your wardrobe and love it. And you will love it. Now available in Canada too. Don't keep settling for clothes that don't last. Go to quince.comsb for free shipping, 365 day returns. Quince.comsb well, here's a game changer. If you're in back to back meetings like I often am, or you walk out of a meeting and you're like, how do I summarize all this? All these takeaways and you always feel like something's going to fall through the cracks, right? Or that you didn't pick up the big point, or everybody in the room didn't even get the same takeaways. And three weeks later you're like, no, Remember, we all agreed on X thing. Well, if that's you, and then you're like me, Granola is your solution. Granola is an AI powered notepad built for the way real people actually meet. It's really cool when I started diving into granola because you take rough notes the same way that you normally would. And it also transcribes in the background. It turns the combination of your notes and the transcription into this beautiful, clean, structured, and actually useful set of notes when the meeting ends. And the best part, it works through your device's audio, which means it integrates seamlessly into the video conferencing tools you already use. So you don't have to worry about any setup, no awkward bots. I literally just downloaded it and I was off and running. Here's the coolest part though. It's like you're in the meeting, but instead of going, wait, let me write that down, let me take a moment, you can stay focused on the meeting and take just very brief notes. You're not going to miss something because you were frantically writing something down while the whole team went on to the new point, whatever it might be. Before granola. I'm half in, I'm half out. Don't remember what happened in my 8am meeting. By the time I get to the 3pm meeting and the first time I used it, what a game changer. I was present, I came out and everything organized so that I was ready to take action and move forward. So if meetings are eating up your day, granola is a no brainer. Try it totally free stackers by heading to Granola AI slash sb. Put the SB on there and then they know that we sent you because this is a tool I want to be associated with for a long time. Go to granola AI/sb. Get your time back. Once again, try for free Granola AI slash sb.