Category: The Wealthy Idiots Show
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Indexed Universal Life Debunked | Reaction to Doug Andrew & Market Volatility
Indexed Universal Life needs to be debunked and the Wealthy Idiots are taking on the challenge. Doug Andrew touts Indexed Universal Life as THE retirement tool to protect you from risk while giving you a stable income, but looking into the details, that couldn’t be further from the truth. IUL does a lot of things…
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Exposing Fake Stock Traders | A Real Youtube Investigator
Karl Domm has been trading in the stock market since the 1990s. But one thing that has bothered him recently is the growing number of people who are willing to take your money for poor, or sometimes totally fake, stock advice. AJ got the opportunity to interview Karl and find out more about his investigation…
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How Do I Invest My $11k a Month Income? | Fan Finances
Getting started in investing is intimidating. There is a lot to know, however, when you’re starting out, you only need to follow a few simple steps. Wealthy Idiots fan @rnt45t15 asked us how to invest his $11k a month income. While we don’t offer financial advice over YouTube, AJ explains how he got started and…
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Breaking: The Coming Fiery Economic Crisis and What You Need to Know to Survive
In this podcast episode, AJ and DC dive into the latest economic data revealing an alarming trend of coming mass unemployment and skyrocketing credit card debt among those without savings. With the Federal Reserve’s bleak predictions for the economy, it’s essential to be prepared and know how to weather the storm. Join us as we…
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Dave Ramsey’s Contradictions will Cost the Caller Over $100k
Dave Ramsey will force his belief on any and every situation, regardless of the financially literacy of the person calling. In this case, the caller will lose hundreds of thousands of precious retirement dollars because Dave Ramsey’s advice. AJ points how Dave even contradicts himself in his own risk assessments.
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Here comes the IRS: How to Stay Prepared with the new 1099 Forms, Audits and More!
With the start of each tax season, the IRS is right around the corner, and it’s important to be prepared. This video will provide you with everything you need to know about the new 1099 forms, how to handle IRS audits, and much more. We’ll go through the latest information and tips to help you…
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Should I Retire Somewhere Cheaper? | Fan Finances
Our top fan, @sarahshanahan2222 asked if we have ever considered moving somewhere cheaper during retirement. AJ explains where he has considered going and why. If you stick around till the end, AJ shares a Marine Corps story of a man who retired somewhere exotic and very inexpensive!