Stacking Washingtons in Joe’s Mom’s Basement and The Efficient Frontier | Joe Saul-Sehy | 091

Subscribe and Watch on YouTube Joe Saul-Sehy of Stacking Benjamins joins the show to discuss financial planning, overcoming debt, and the importance of surrounding yourself with the right people. Joe shares his personal journey of financial mismanagement as a young financial planner, the principles behind the efficient frontier, and his thoughts on target date funds. Tune in to learn and laugh with Joe, Bill, and Jackie.  🔗Connect with us  Buy CUtFI a coffee  Record a message for CUtFI Thank you to our sponsors: Personal Finance Club: Use code CUTOFI to get $30 OFF any course or PFC investing course only Measure Twice Money: $100 OFF "Create Your Own Financial Plan" Comprehensive Video Course Nectarine: Advice-Only Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.) 🎙️SquadCast: The Cloud Recording Studio that Producers, Listeners, Guests, Creators, YouTubers Love & Trust  Boston Institute of Finance Personal Growth Track: Enter code catchingup to get 5% off any “Personal Growth Track” course or package Modern Husbands Marriage Toolkit: Empowers couples with evidence based ideas from 40+ of the nation’s leading experts in managing money and the home as a team.      Real Talk Finance: Create a solid foundation and take control of your future      DeleteMe: Your personal data is yours again     Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.)   👕 Stacking Benjamins T-shirts!: HTTP://stackingbenjamins.com/shirts 📕 STACKED: Your Super Serious Guide to Modern Money Management 👉🏻 https://amzn.to/3YlJAXB 🌐 Stacking Benjamins Benefits Guide ChooseFI EconoMe Frank Vasquez The Shockingly Simple Math Behind Early Retirement CampFI The Simple Path to Wealth by JL Collins Of Dollars and Data Paul Merriman Efficient Frontier Dr. Harry Markowitz  The Retirement Answer Man Rule of 72 Timestamps: 00:00 Living Two Lies: The Money Myth 00:29 The Fear of Making Mistakes 02:03 Welcome to Catching Up to FI 03:35 Introducing Joe Saul-Sehy 04:49 Ohio vs. Michigan: A Friendly Rivalry 09:38 Board Games and Life Lessons 14:04 Joe's Late Starter Story 23:53 Financial Planning Mistakes 32:37 Trivia Time: Swiss Cheese Production 33:26 Cheese and Roadside Attractions Trivia 35:22 Explaining the Efficient Frontier 37:11 The Simple Path to Wealth vs. The Optimal Path 42:22 Modern Portfolio Theory and Efficient Frontier 49:41 Listener Questions: Alternative Paths to Wealth 58:16 Target Date Funds: Pros and Cons 01:05:12 What's Next for Stacking Benjamins? 01:09:33 Final Thoughts and Farewell   Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.