The Biggest Myths in Personal Finance
Listen to the original audio · Transcribed with NVIDIA Parakeet · Why times can differ in your player
The myth might end up being better advice than the actual optimal thing to do, which is it's kinda funny. People make graphs, you know, like this is the stock market without dividends and It's like it's just totally misleading. People who have this mentality. and don't want to spend money because they want to accumulate wealth.
They can end up with a lot of wealth. and an inability to spend it. because they're so anxious about about wanting to live frugal and wanting and wanting to save, even when they've surpassed any amount of wealth they could ever need. They still can't spend it. Because they've had this mentality.
This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision making from two Canadians. We're hosted by me, Benjamin Felix, Chief Investment Officer. and Dan Bortellot, Portfolio Manager at PWL Capital. Good to be back with you, Ben. It feels like a long time. It has been a while, Dan. It is very good to see you. Good to be back recording. Yeah.
We already have this episode, so unlocking it is cheap and permanent: the full transcript (74 minutes, 14,132 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.
No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 5 episodes for $3.49, and monthly plans are cheaper still.