Planet Boomerville For Baby Boomers With Jim Enright

Approximate Show Notes The investment financial models and what is wrong with them. (2:10) All are portions of the truth. (4:30) Financial Mis-information - Truth vs UnTruth (5:31) Where Vanguard’s John Bogle made a mistake. (6:19) Low Cost Passive Management Index Fund analogy to Congress. (7:30) His teaching is science and math. (8:15) 7 Steps to 7 figures. (9:00) Emotions and Facts. (9:26) Pay off mortgage or have debt. His condo experience. From what perspective is this advice? (14:00) The more you can move toward the math, the better you will do. (15:37) The Next Big Bubble (21:29) Expectancy Principals Todd’s investing mistakes history. Called the stock market bubble. Called the real estate bubble. We mistake the last 3 years low interest rates as reality. (26:00) No positive expectancy net of inflation. The universal trends in the 1980’s. (29:27) On a roll. (30:45) Would a 50% haircut change your retirement future? (33:00) Risk Management Strategy The Financial Reality for Baby Boomers