Our 2 Cents – Episode #028 Overcharged for Investment Fees and NCAA Athletes Cashing In It’s a cold brisk morning so the heat is on! Caller questions are discussed and answered on investment fees and Medicare options. Then as Gabriel steals the ball back, we get right down to the paint on the court—should students get paid to play? Here’s what was covered in this episode: Daylight Savings Time: These States Want to Make DST Permanent [Yahoo] Caller Question: It’s […]

Our 2 Cents – Episode #027 Chances of a Recession Hit 27% and How Behavioral Finance Plays a Role Today Steve takes the wheel and steals the show! We discuss the big economic “what if?” and how the herding mentality of investors can really pull the markets in one direction. After the heat is over, it’s all about food! Here’s what was covered in this episode:  U.S. Recession Chances Hit 27% Within Next 12 Months: Tracker [Bloomberg] Behavioral Finance: Concepts, […]

Our 2 Cents – Episode #026 Pensions are Freezing, October’s Market Hits, and Funding Retirement vs. College Tuition On today’s “shoe,” GE’s pensions follow United Airlines suit into a deep freeze. Next up is our Monthly Stock Market Review and finally, we talk about the elephant in the room: saving for your retirement or college tuition. Here’s what was covered in this episode:  GE Freezes Worker Pensions—What to Do if Your Employer Changes the Terms of Your Retirement Plan [MarketWatch] […]

Our 2 Cents – Episode #025 FSAs vs. HSAs, Economic Effects of the Rate Cuts, and The Showdown between Men vs. Women’s Retirement Savings In this week’s episode we discuss what FSAs and HSAs are (Flexible Spending Accounts and Health Savings Accounts) and which one could be a better option for you. Then we dive into another one of our Listener’s Questions on after tax contributions and converting to a Roth. Is it quite that simple? Here’s what was covered […]

Our 2 Cents – Episode #024 SGL’s Monthly Market Updates, Twitter to the Mystery Index, and Saving Your Brain On today’s show we introduce our new Monthly Market Summary section to keep you ahead of the curve. Our runner up article showcases just how influential one small tweet can be and then we round our show up on how to keep your brain active in retirement years. Here’s what was covered in this episode:  How to Keep Your 401(k) Running […]

Our 2 Cents – Episode #023 SGL Labor Day Surprises, 38 Ideas for Your New Side Hustle, and the Best Fall Getaways Welcome back to the show and we hope you had a wonderful Labor Day! Today we focus on some interesting, but obvious ways to spend too much money in retirement. But don’t worry! We then talk about 38 side hustles to earn extra cash. Plus, other great topics of course… check out the full highlights below. Here’s what […]

Our 2 Cents – Episode #022 Economy Edging Closer to a Recession, Days of Haggling Cable Are Over, and a Muddy Mess from Google Maps On today’s show we see how the economy is edging closer to a recession and what that means for investors. Then we cover the idea of “cutting the cord” and finally we see how much of a mess Google Maps made. Here’s what was covered in this episode:  World Economy Edges Closer to a Recession […]

Our 2 Cents – Episode #021 The Federal Budget, Equifax Breach Settlement, Caller Question & Lightfoot’s New Casino On today’s show we review the Federal Budget and what more spending means for the economy. Then we switch over to answer one of our listener’s questions: whether or not she should lend money to a family member and finally, we question Chicago Mayor, Lori Lightfoot’s plan for a new casino. Here’s what was covered in this episode:  Federal Budget Would Raise […]

Our 2 Cents – Episode #020 Are Your Kids Wrecking Your Retirement, Amazon Prime Day, and How to Read a Trust In this week’s episode we discuss how your kids can potentially destroy your retirement, gearing up for the big two-day sale on Amazon next week, and learning the basics of how to read a trust and what all that legal jargon really means. Here’s what was covered in this episode:  Don’t Let the Kids Wreck Retirement [Kiplinger] Amazon Prime […]