Category: The Wealthy Idiots Show
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Secure Act 2.0 529 to Roth
Unlike most things the government does, the Secure Act 2.0 actually paved the way for 529 to Roth IRA transfers for account owners who aren’t able to utilize all 529 funds for allowable college expenses. The Secure Act 2.0 529 to Roth transfer mechanism is possibly the greatest thing to come out of Congress inRead…
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Whole Life is NOT a Good Financial Vehicle | Reaction Life180
Whole Life is often presented as a financial vehicle but the more we review, the more we can’t see how this fits into ANY financial plan. It’s expensive, produces terrible gains, but most importantly, it has an astronomical opportunity cost. Not to mention, everything that’s done in a whole life plan can be done by…
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Dave Ramsey Gets Risk Wildly WRONG and No Debt is His Only Answer
Dave Ramsey Gets Risk Wildly Wrong. When all you have is a hammer, everything starts to look like a nail. When Dave Ramsey sees risk, his only solution is to be debt free. But what’s worse is that he totally gets risk wrong. He argues that risk = debt and debt = risk.
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Doug Andrew Exposed! The Great Lies of The LASER Fund
Doug Andrew, author of the book The LASER Fund, has made a carrier on selling Index Universal Life as a financial Vehicle. But does IUL worked as he promises?
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Reacting to Financial TikTok | It’s Bad…Real Bad
Reacting to Financial TikTok | It’s Bad…Real Bad. Financial TikTok has gotten pretty ridiculous of late. Checkout how bad this financial advice can actually be!
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Banks Collapse (SVB) | Economic Turmoil (2023)
Banks Collapse | Economic turmoil (2023). What is happening with the economy, the banking system and what can we do about it to protect ourselves?
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Reacting to Invest in Real Estate and Leverage with Doug Andrew
Doug Andrew is a Financial Strategist with tons of ideas on how you can give him your money, but in this video, he talks about investing in real estate and using leverage strategies to maximize returns. We love real estate investing so much, we figured we had to check it out to see what he’s…