Today’s listener mailbag is presented by Naviplan by Invest Cloud:
Michael and I dive back into the mailbag to go through a bunch of listener questions with a little help from our friend Tony Stich.
If you have a question for the show, email us at animalspiritspod@gmail.com.
We discuss:
- Why do we talk about bonds in terms of yield and stocks in terms of price?
- Do commodities belong as a long-term holding in a portfolio?
- The psychology of sitting in cash and waiting for the fat pitch
- When should you refinance your mortgage?
- What is a mortgage recast?
- HELOC vs. cashout refi
- How to break into the wealth management industry
- What’s the best way to network for a new job?
- Why do prices keep going up if technology makes life more efficient?
- Why inflation is preferable to deflation
- Why isn’t gold working in this environment?
- Can a 3-fund portfolio strategy work for you?
- The pros and cons of funding a 529 plan for your children
- Is confidence a prerequisite for being a successful financial advisor?