RR #147 - Paul Merriman: We're Talking Millions

It takes only a handful of smart choices to convert regular savings into a secure future. Today we welcome famed financial educator Paul Merriman onto the show to discuss how the right habits and investing approach can add millions to your retirement nest egg. After chatting about his personal and professional background, we dive into Paul’s investing philosophy
and how it’s been influenced by the work of Eugene Fama. A significant theme in this episode, we then talk about why Vanguard’s portfolio allocation ensures that clients have the smoothest possible emotional relationship with their investments. This leads to a discussion on the benefits of simple versus complex funds and how simple funds fit with the preferences of many do-it-yourself investors. Linked to this, Paul explains why it’s emotion and not strategy that gets in the way of successful investing before exploring the challenges of sticking to portfolios that are heavily weighted in small-cap value stocks. Reflecting on his career as an advisor, we ask Paul about his difficulties in working with clients as well as the role of financial advisors. Later, Paul unpacks some of the top habits and beliefs that lead to investing success; a key focus of his new book, We’re Talking Millions. We wrap up our conversation by touching on target date glide paths, how Paul’s foundation educates investors, and the relationship between money and a life well-lived. With such an illustrious career in financial education, tune in to benefit from Paul’s investing advice.

Books From Today’s Episode:
We're Talking Millions!: 12 Simple Ways to Supercharge Your Retirement on Amazon — https://amzn.to/2PqbGjm
Get Smart or Get Screwed: How to Select the Best and Get the Most Out of Your Investment Advisor on Amazon — https://amzn.to/3sImF5X
Money and Your Brain on Amazon — https://amzn.to/3rHC45p
Enough: True Measures of Money, Business, and Life on Amazon — https://amzn.to/3sV6MJu
Links From Today’s Episode:
Paul Merriman — https://paulmerriman.com/
Paul Merriman on LinkedIn — https://www.linkedin.com/in/paulmerrimandotcom/
Paul Merriman on Twitter — https://twitter.com/SavvyInvestorPM
The Merriman Financial Education Foundation — https://paulmerriman.com/the-merriman-financial-education-foundation/
Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — https://rationalreminder.ca/
2 Funds for Life Strategy — https://paulmerriman.com/2-funds-for-life/
The White Coat Investor — https://www.whitecoatinvestor.com/
The Charles Schwab Corporation — https://www.schwab.com/
Warren Buffett — https://www.forbes.com/profile/warren-buffett/

Видео RR #147 - Paul Merriman: We're Talking Millions канала The Rational Reminder Podcast