Ep. 009 and 010: Become an Intelligent Investor with Jason Zweig
Our interview with Jason Zweig was so good, we turned it into two parts—a "Better Off" first. This week's "Better Off" episode covers the beauty of passive investing, the power of index funds, and why you need rules in your financial life.
I’ve been a fan of Jason’s for a long time, so it’s a no brainer that he’s on one of the early episodes of “Better Off.” And let me just say, it was no easy get! We, and when I say we I really mean Mark, the best producer in the world, have been going back and forth with Jason since last October trying to nail down a date.
Was it worth it? Let’s just say that when we do interviews, Mark and I are acutely aware of how long they’re running. We try to keep them 30 minutes or less. Well, Jason was so good we kept him for nearly an hour. His knowledge and insight of the financial industry is so wide and deep that we decided that we needed to feature him in back-to-back episodes, a “Better Off” first!
In part one of the interview, we cover the power of index funds, the importance of having rules in your financial life, the beauty of passive investing, and the importance of technology and humans working together. We also talk about the F-word (fiduciary) and why such a simple concept of putting clients first is such a controversial issue for a conflict-ridden industry.
If you like Jason’s column, you should also check out his books. His latest work, “The Devil’s Financial Dictionary,” skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks that are too big to fail. It also distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand.
This article originally appeared on Jill Schlesinger’s LinkedIn.
The opinions stated on the Better Off podcast are those of the host, Jill Schlesinger, and her guests, and not those of Betterment or its employees. Any third-party links provided are offered as a matter of convenience and are not intended to imply that Betterment endorses, or is affiliated with the owners of or any information contained on those sites, unless expressly stated otherwise. Listen to a preview and subscribe to “Better Off” here.
More from Betterment:
How to Optimize Your 529 Contributions
We know that you want to help set up your loved ones for success. One way to invest in their education while saving on taxes is to contribute to a 529 education savings plan.
How You Can Reach Your Investment Goal—Even When You Veer Off-Track
We highlight all of the intelligent strategies we use to help protect you from market downturns as you approach the target dates for your goals—and discuss the actions you can take if your goals become off-track.
5 Finance Books That Can Help You Get it Together
Ever wondered what’s on our bookshelf? We share five finance books that we love, because we’re sure they can help you on your journey to become a smarter investor.
Explore your first goal
This is a great place to start—an emergency fund for life's unplanned hiccups. A safety net is a conservative portfolio.
Whether it's a long way off or just around the corner, we'll help you save for the retirement you deserve.
If you want to invest and build wealth over time, then this is the goal for you. This is an excellent goal type for unknown future needs or money you plan to pass to future generations.