Discover Money Podcast: Recent Episodes
Ben Strunk and Will Craig
The Discover Money Podcast is hosted by Ben Strunk and Will Craig. We are two average people with no formal financial training, and two very different financial risk appetites. We are passionate to learn and make sense of the confusing world of personal finance. Each week we explore a new financial topic in hopes of better educating ourselves and our listeners on how to stretch your dollar and set yourself up for a brighter future.
Today Will discusses an article from CNBC highlighting what happens if you just miss out on the 10 best trading days over a 20 year period.
Will and Ben cover the eight recommendations in a recent Forbes article that can help you take advantage of a stock market crash.
Read the full article here.
Today Will bring's us an article from Charles Schwab all about timing the marker vs. time in the market.
Will and Ben discuss a recent CNBC article about the link between money and happiness.
Read the article here.
Today Will shares a story of the "worst investor of all time" and how that person would still retire as a millionaire.
Have you ever wondered how much money I need to save a month to become a millionaire? Will discusses the very topic in today's Discover Money Short.
Will and Ben discuss a CNBC article describing 10 common money habits of self-made millionaires. Becoming a millionaire is simple and attainable for most people, but only 6-7% of people reach that milestone. This episode covers a wide variety of topics including paying off debt, consistent investing, getting the most out of your employee benefits, and the importance of not "keeping up with the Joneses."
Read the full article from CNBC here.
Will and Ben discuss the importance of doing a regular check-in on your personal finances. They each go over their own monthly income, expense, and investment numbers and debate the philosophies of interpreting what a high or low savings rate may mean for the future.
In this special episode, Will interviews Ben about his treasure hunt side business. Ben shares the story of how the business began, the financial strategies that have made it successful, and the challenges that the business continues to face.
Will and Ben discuss five things they wish they would have known about money when they were younger. Topics include compound interest, college loans, credit cards, and more!
Will discusses his current options for paying off his house or putting the money to work in the market. Ben joins the podcast to discuss the pros/cons of paying off your house early and the potential opportunity loss of using that money in the market or other investments.
A day after Ben attends a local sports card show, Will and Ben discuss the rise in popularity of sports cards and whether they can be viewed as a profitable investment.
In the second installment of the Investing 101 series, Will and Ben cover the different types of brokerage orders and the timing options to execute the orders. They discuss the pros and cons of the market order, limit order, stop-loss order, and more.
Will and Ben go back to basics on this episode to kick off the Investing 101 series. They discuss three different types of securities that investors can purchase: stocks, ETFs, and mutual funds.
Will and Ben discuss the levels of market downturns and what we should do as investors during market corrections, despite what the media may be hyping up.
Will and Ben discuss the pros and cons of the dollar cost averaging and whether it should be used over lump sum investing. They discuss the merits of asset allocation for regular people and the strategies they each use in their personal portfolios.
Will and Ben discuss the importance of goal setting and reveal their 2022 financial goals. This episode is filled with great information nuggets on home equity lines of credit, personal budgeting, life planning, and investment topics.
With all of the recent media coverage of Meme stocks, crypto trading, and #WallStreetBets, Will and Ben discuss whether it is actually possible to beat the stock market. Learn about rate of return, capital gains, and the differences in trading strategies based on your time horizon.
Will and Ben discuss the pros and cons of working with a financial advisor. Financial advisors can provide a host of knowledge and benefits depending on your personal situation, but many people may still choose to make financial decisions on their own after doing the requisite research.
Learn more about the three main investment vehicles for retirement investing: Tax-Deferred, Tax-Free Growth, and Taxable accounts. Ben and Will share how their portfolios are spread out among all three different types of investment accounts and the advantages and disadvantages of each.
In an extension from last week’s episode, Ben and Will share their personal investing strategies and how their portfolio is invested.
Is the risk worth the reward? If you do not already know it, choosing to invest your money inherently carries a certain level of risk. But choosing to not invest can be risky too. Learn more about how Will and Ben individually manage risk and why they both agree investing is an integral part of building long-term wealth.
Get to know Will and Ben a little more and their personal philosophies around money, investing, and long-term goals.