What financial, tax planning, wealth building and/or wealth management resources do you like to consume, be it podcasts, books, YouTube, news sources, or other mediums?

I've been listening to "The Money Guy" podcast a fair amount lately.

Clark Howard

quote:

Originally posted by the_sandman_454:
I've been listening to "The Money Guy" podcast a fair amount lately.

Excellent choice. I like their Youtube channel.

I also like the Bogleheads website: https://www.bogleheads.org/wiki/Main_Page

Barron's and Cramer's Mad Money TV Show.

Im with Rogue. https://www.bogleheads.org/

quote:

Originally posted by TomV:
Cramer's Mad Money TV Show.

Cramer is an excellent resource - for knowing what not to do. Whatever he recommends, be sure to do the opposite. The man is a buffoon.

Another recommendation for Bogleheads.

I don't think I'd go with any of the above and I'd find myself a great Financial Advisor, one who has been there, done that and can help you get where you want to be.

I watch CNBC's Fast Money, daily, and Options Action on Friday's. I subscribe to Investors Business Daily and recommend the writings of its founder, William O'Neil. I take advantage of the training materials available at TD Ameritrade. And, I use the "Seeking Alpha" website and follow several of their contributors. Those are my main sources of investment information. Obviously, one must not follow blindly but instead do your due diligence on any ideas or concepts put forth. If you don't have the time to be passionate about it, every day, stick to hiring a reputable professional.

Long ago, in the days of my misspent youth, I read "The Intelligent Investor" by Benjamin Graham. Easily the best book I ever read for investing in stocks. However, it lead to me never buy Amazon...which in hind sight was unfortunate.

Many of Graham's principles are evident in Bogle's investing style. I agree that the Bogleheads site is an excellent resource for anyone starting an investment/retirement plan - or anyone else for that matter.

I also find that Jim Cramer is a contra-advisor, I do the opposite of what he recommends. But his daily program is called "Mad Money", which he says derives from his philosophy that the majority of your investments should be in low cost index funds and only a small portion, your Mad Money, should be invested in individual stocks. That's mostly consistent with the Bogle philosophy.

You Tube is chock full of poor advice, beware.

Many financial advisors are also full of poor advice, and can be very expensive. Only use a fiduciary advisor and pay by the hour, not a percentage of your portfolio. If you follow the Bogleheads advice, you won't need an advisor.

I watch CNBC, and especially like Stephanie Link. She is often on the Halftime Report at noon, which I record. Watching CNBC will show you that most stock advice is not at all reliable.

I was a CPA and spent a decade working for one of the country's largest investment firms, Fannie Mae, which was expropriated by the Obama administration in 2010.