A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com
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The Housing Affordability Crisis: What Caused It and How to Fix It
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What caused the 40% price increase in houses and rents, and what are governments doing to try to fix the problem. Topics covered include: Why 50% of the global population is frustrated with the lack of affordable housing How the housing collapse as part of the Great Financial Crisis contributed to today's affordability crisis How central bank QE pr…
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The Power of Optionality: Small Bets, Big Payoffs
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In this episode, we explore the concept of optionality—how small, strategic decisions can lead to outsized rewards with limited downside risk. From ancient philosophy to modern financial strategies, discover how recognizing and seizing options can unlock opportunities in both life and investing. Topics covered include: How call and put options work…
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The Five Layers of Investing - Which Layers Is Your Portfolio Allocated?
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In Episode 491, we explore the five layers of investing, including which assets fit into each layer, and give examples of advertisements targeting each layer. The five layers are: 1. Short-term trading 2. Longer-term speculations 3. Individual securities 4. Diversified portfolios focused on underlying drivers and factors 5. Maximum diversification …
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How do buyouts, venture capital, and growth equity work? Has private equity outperformed the stock market, and can individual investors pursue these investment strategies? Topics covered include: How are private equity funds structured, and what are the fees How is private equity performance measured, and how has it performed Why does private equit…
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Making Better Investment and Life Decisions - Episode 203 Remastered
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This week, we release one of David's favorite episodes from six years ago, Episode 203: Is Investing More Like Poker or Chess. Topics covered include: What is the difference between chess and poker. Why we need to separate the decision process from the outcome. How to improve the quality of our investment decisions. What are are wu-wei and qi and w…
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Why the Market Has Sold Off and What Should You Do
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In episode 489, we examine three factors that contributed to this week's big stock market declines, analyze whether a recession is imminent, and review David's recent portfolio changes. Topics covered include: The benefits of looking at market and economic trends monthly How bad was the recent U.S. employment report and what is the Sahm Rule What a…
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Should You Invest in an Ethereum ETF?
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What is the investment case for Ethereum, and what are the risks? A straightforward review of what ether and Ethereum are, how they work, and what it will take for the Ethereum blockchain to be successful. Topics covered include: Who launched Ethereum ETFs and what are the fees How Ethereum differs from Bitcoin Examples of applications built on the…
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Are We Heading for a 2030s Depression? - Understanding Global Economic and Population Shifts
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What we can monitor and do now in preparation for a 2030s depression, which may or may not arrive. Topics covered include: Why ITR Economics has been predicting a 2030s depression for over a decade. What are the early warning signs we can monitor for increasing risk of economic and financial turmoil What are U.S. and global population predictions b…
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How Retail Traders Lose Big While Enriching Wall Street
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Gambling in the stock market is increasing, with most traders losing money while generating billions of dollars per year for brokerages and wholesalers. Will all this trading lead to big market swoons? Topics covered include: Why sports gambling has grown so much How gambling in the stock market is measured, and how prevalent is it Why most traders…
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Should You Invest in Defined Outcome Buffer ETFs?
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Buffer ETFs protect against the downside while capping the upside. We examine them closely to see if they are worth it. Topics covered include: How buffer ETFs are structured and some current examples How buffer ETFs have performed over the past five years What are the risks of buffer ETFs How loss aversion and narrow framing contribute to the popu…
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Seven ways to increase the odds of living long into your retirement years (if you choose to retire). Sponsors Monarch Money – Get an extended 30-day free trial Lifetime Money for the Rest of Us Plus membership Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Podcast Stats: How many podcasts are there?—Listen Notes Quality Ov…
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Don't Lose Access to Your Cash: Comparing Banks, Neobanks, and Fintech Platforms for Cash Savings
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Millions of fintech app users have lost access to their cash. In this episode, we explain why this happened and show you how to protect yourself when placing cash with traditional banks, neobanks, and fintech platforms. Topics covered include: The mass chaos in the fintech space spawned by the bankruptcy of Synapse Financial Technologies What are F…
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Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity
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How a few high-impact successes drive up overall average outcomes in investing, business, and creative projects. How to harness positive skewness using a barbell approach. Learn when to mitigate risks and when to embrace them. Topics covered include: What is positive skewness and how does it manifest in investing, business and creative endeavors Ho…
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How to Navigate the Crippling Home Insurance Crisis
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Why are homeowners seeing home insurance premiums increases of up to 70%, as David has? What can you do if your insurer drops you, you get a huge premium increase, or you can no longer afford coverage? Topics covered include: What are the primary drivers of home insurance price increases Why these increases don't show up in the U.S. consumer price …
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Beyond Faster (T+1) Trade Settlements: The Hidden Costs of Optimization
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Why stock, ETF, and bond trades are optimized to settle in less than a day, allowing investors quicker access to their cash and securities. What are the benefits and costs of optimization in the relentless drive for cheaper, faster, and more profitable. Why countries are moving to T+1 settlement from T+2 for security trades What will it take for se…
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National Debt Masterclass Finale - What To Do
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In part three of our national debt masterclass, we share a simple debt dynamics formula we can monitor to help guide our investment choices. Topics covered include: How much has the national debt grown over the past fifties years, and what are the underlying drivers How the budget deficit, interest rates, and economic growth determine the level and…
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In part two of this national debt series, we explore how households and businesses, including commercial banks, can choose not to participate in what some call a national debt ponzi scheme. We also look at how central banks and federal governments monetize the national debt using quantitative easing. Sponsors Yahoo Finance LinkedIn Jobs – Use this …
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In part one of this three part series, we consider why a country that issues debt in its own currency can't default unless it chooses to. We also explore how central banks can control interest rates on the national debt. We also consider whether it is possible for government borrowing to crowd out the private sector. Sponsors Shopify NetSuite Insid…
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Is Small Cap Dead? Why You Shouldn't Abandon Small Cap Stocks
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Why global small-cap stocks have underperformed large-cap stocks and will the trend continue? The investment case for allocating to global small caps. Topics covered include: How have small caps performed relative to large caps over the past two decades What factors contributed to the underperformance How quality is an important factor to consider …
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Inflation's Illusion: Debunking the Normalcy of Currency Debasesment
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It is not normal to want prices to rise and currencies to lose their purchasing power. We look at the advantages of stable currencies and prices. Topics covered include: What's more normal, an inflationary or deflationary mindset? Why it is more normal for prices to fall due to productivity increases How central banks seek to overcome productivity-…
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Are Emerging Markets Bonds a Once in a Generation Opportunity?
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Some analysts suggest that now is an incredibly attractive entry point to invest in emerging market bonds. We look at how to do this and whether you should. Topics covered include: How emerging markets bonds have performed relative to U.S. bonds How frequently have emerging markets bonds defaulted What is the difference between local currency and U…
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Investing Fundamentals and What Is Attractive Now
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In this conversation with financial advisor Josh Jalinski, David shares his views on constructing and benchmarking portfolios, factor investing including growth versus value, and managing regret. We explore a number of asset classes and strategies including dividend investing, leveraged loans, closed-end funds, equity REITs, and China. We also disc…
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Is the Economy as Bad as People Think?
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Why most households are in better financial shape than prior to the pandemic, but remain frustrated at their lack of economic progress. Topics covered include: How consumer sentiment surveys are designed and their current findings. Reasons behind consumer frustration with increasing prices amidst declining inflation rates. The magnitude of the infl…
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Unlocking Income: A Comprehensive Guide to Investing in Covered Call ETFs
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How to use covered call and buy-write strategies to generate income while understanding the risks and having realistic return expectations. Topics covered include: How covered call strategies work How much can you earn investing in covered call strategies What are some numerical examples based on current option prices How covered call strategies ca…
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How the Economy Really Works: Savings, Investing, Consuming and Market Distortions
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A primer on how the economic engine works through coordination between savers, investors, consumers, producers, governments and banks. How hoarding and unfair competition can lead to economic distortions. Topics covered include: How spending and saving are connected including the paradox of thrift How borrowing money can lead to higher income and s…
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