444: Financial Advisor Fees, LLCs, and Stock Investing 101 | Ask Mindy and Scott
BiggerPockets Money Podcast
English - August 25, 2023 06:00 - 37 minutes - ★★★★★ - 2.8K ratingsInvesting Business Education financial independence financial freedom investments wealth finances finance investing success money realestate Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Financial advisors are supposed to look after your money, but sometimes, their profits come first. We’ve had many questions about which type of financial advisors to use, which aren’t worth the fee, and whether you even need one in the first place. On this Finance Friday episode, Mindy and Scott are taking questions directly from listeners like you, and one of the top ones finally answers the question: what are these “fees” financial advisors are charging me!?
You’ve got money questions. Scott and Mindy have answers. In this episode, they’ll touch on topics like which type of financial advisor to hire, whether cashing out your 401(k) early is ever worth it, what to do when your bank messed up your interest rate, when (and when not) to use LLCs for real estate investing, and how to start investing in stocks when you’ve only got $1,000!
Got a money question you want to ask Mindy and Scott? Head over to the BiggerPockets Money Facebook group, or click here to submit your question on our next Q&A episode!
In This Episode We Cover
How to start investing in the stock market with $1,000 (or less!)
Rental property LLCs and why you’re probably wrong about “tax write-offs”
Financial advisor fees and the ONLY type of financial advisor we’d recommend
Cashing out your 401(k) early when you need to pay off credit card debt
Return on equity explained and signs it’s time to sell/refinance a property
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
BiggerPockets Forums
Finance Review Guest Onboarding
Join BiggerPockets for FREE
Scott's Instagram
Mindy on BiggerPockets
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Podcast Talent Search!
Register for an Upcoming InvestHER Event
Money Moment
Hear Our Last Q&A Episode
The Simple Path to Wealth—Index Funds Explained with JL Collins
The Simple Path to Wealth (Book)
Work with a Fee-ONLY Financial Advisor
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-444
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices
Financial advisors are supposed to look after your money, but sometimes, their profits come first. We’ve had many questions about which type of financial advisors to use, which aren’t worth the fee, and whether you even need one in the first place. On this Finance Friday episode, Mindy and Scott are taking questions directly from listeners like you, and one of the top ones finally answers the question: what are these “fees” financial advisors are charging me!?
You’ve got money questions. Scott and Mindy have answers. In this episode, they’ll touch on topics like which type of financial advisor to hire, whether cashing out your 401(k) early is ever worth it, what to do when your bank messed up your interest rate, when (and when not) to use LLCs for real estate investing, and how to start investing in stocks when you’ve only got $1,000!
Got a money question you want to ask Mindy and Scott? Head over to the BiggerPockets Money Facebook group, or click here to submit your question on our next Q&A episode!
In This Episode We Cover
How to start investing in the stock market with $1,000 (or less!)
Rental property LLCs and why you’re probably wrong about “tax write-offs”
Financial advisor fees and the ONLY type of financial advisor we’d recommend
Cashing out your 401(k) early when you need to pay off credit card debt
Return on equity explained and signs it’s time to sell/refinance a property
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Register for an Upcoming InvestHER Event
The Simple Path to Wealth—Index Funds Explained with JL Collins
The Simple Path to Wealth (Book)
Work with a Fee-ONLY Financial Advisor
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-444
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices