The 8 Great Mistakes of Investing. Also, Fractional Savings Accounts

: OG (aka The Other Guy from Stacking Benjamins) joins me to share the 8 Great Mistakes in Investing Full show notes at The 8 Great Mistakes of Investing are: Under-diversification Over-diversification Euphoria Panic Leverage Speculating Investing for yield and not total return Cost basis dictating decision Thanks to OG for coming over. You can find him at - my favorite podcast. Also mentioned in this episode: The Great Beanie Baby Bubble by Zac Bissonnette. Amazing stuff! Here's the Stacking Benjamins affiliate link: __________________________________________________ Steve Stewart's Budget Coaching Course on video: __________________________________________________ Ponda from the Honda: SPEND IT ALL (sort of) __________________________________________________ Fractional and Automated Savings Accounts - are they a good idea? Deanna Richardson from Richardson Accounting and Consulting, PLLC @ theCPA-4U.com asked "Have you heard of Digit? Seems like a great way to build up an emergency fund and....it says it is free. Then their are bonuses for keeping $100 in it over 3 months. If I did my math right, the bonuses are over 2.5% interest (5 cents / week per $100). Would love to hear what you think." I tackle these new fractional, or automatic, savings accounts: Acorns, Digit and Betterment's SmartDollar Links: ACORNS Open an account: or install the free IOS or Android app Listen to my interview with the creators of Acorns DIGIT Open an account: Testimony from Paula Pant (which kinda concerns me) BETTERMENT'S SMARTDEPOSIT Open an account: More information: ______________________________________

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The 8 Great Mistakes of Investing. Also, Fractional Savings Accounts is an episode from MoneyPlan SOS with Steve Stewart | Budget Wisely | Get out of debt | Pay attention, not interest by Steve Stewart.

This episode is 68:08 long.

This episode was published on Aug 28, 2015.

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