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Better Money Decisions

You’ve probably started with great intentions, telling yourself you’ll stash away more for retirement and buy fewer lattes (because some writer said buying lattes is a bad thing). But life happens. It’s not as neat and tidy as the financial experts on TV seem to think. You’ve got a lot going on in your life, and you need more than simplistic, cookie-cutter instructions to keep you on the right financial path. Kate Stalter escorts you to the right path for your money. She talks to experts and "normal" people who have taken the right steps to make better money decisions.
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Now displaying: April, 2019
Apr 30, 2019

If you’ve been investing for a long time, chances are you’ve heard the saying “Sell in May and Go Away”. But is that sound advice you should take? Today Kate Stalter dissects the trivialities of global investments and explains why going off monthly data may not be your best strategy. Tune into this episode of Better Money Decisions to better your understanding on relevant data and to help you know what you might expect in the market.

Show Highlights:

  • Understanding how seasonality works in the market
  • Where you’re supposed to “go”
  • Why May tends to open wealth and how to manage expectations
  • Market data that helps you know what you might expect
  • Why smaller gains are better long term
  • The home country bias
  • International diversification
  • Why you shouldn’t sell in May

Links:

Stock Trader’s Almanac

iShares MSCI ACWI ex U.S. ETF

Got investing questions you’d like me to answer on the show?

Got investing questions you’d like me to answer on the show? We Can Help Better Money Decisions

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Our proprietary Financial Wellness For Life program

Register for upcoming webinars

Contact Better Money Decisions:

(844) 507-0961 Extension 700

We Can Help Better Money Decisions

Want our library of financial education topics? It’s all right here

Kate’s Forbes articles

Kate’s US News & World Report articles

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Twitter: ​Financial Better
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Apr 26, 2019

Have you ever wondered what your future finances will look like? Many of us have! Today Kate Stalter talks about how you can get a glimpse into your financial future with proper financial planning and execution. If you’re interested in your financial projection, this episode explains how you can get a glimpse of your future, along with managing expenses, and setting goals. To get your financial plan in order today tune into this episode of Better Money Decisions. 

Show Highlights: 

  • Factors in your finances that you have control over 
  • How to figure out future expenses and income 
  • Working out your financial plan 
  • Being engaged and held accountable in your financial process 
  • Having something to work towards no matter what the stock market looks like 

Links: 

Got investing questions you’d like me to answer on the show? 

Got investing questions you’d like me to answer on the show? We Can Help Better Money Decisions

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email

We Can Help Better Money Decisions.com

Our proprietary Financial Wellness For Life program

Register for upcoming webinars

Contact Better Money Decisions:

(844) 507-0961 Extension 700

We Can Help Better Money Decisions

Want our library of financial education topics? It’s all right here

Kate’s Forbes articles

Kate’s US News & World Report articles

Visit us on social media:

Facebook: Better Money Decisions
Twitter: ​Financial Better
Instagram: ​Better Financial Decisions

LinkedIn: Better Money Decisions

Apr 23, 2019

Many companies quarterly release their sales, revenue, expenses, and other financial data, but what does that mean for you? Well, in some cases it may not be applicable to your particular case, but these earnings reports do predict market fluctuation and can impact your personal portfolio. Today Kate Stalter explains how earning reports impact individual stocks and the many factors that can contribute to stock movement. To learn more about these quarterly reports and how they affect your investments, tune into this episode of Better Money Decisions.

Show Highlights:

  • How earning season works and impacts individual stocks
  • Companies that will publicly release data
  • Why Wallstreet watches these companies closely year-round
  • How quarter estimates are put into practice
  • How institutional investors drive stock price movements
  • What it means when a stock fluctuation meets or doesn’t meet expectations
  • How earnings reports contribute to stocks moving up or down

Links:

Got investing questions you’d like me to answer on the show?

Got investing questions you’d like me to answer on the show? We Can Help Better Money Decisions

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email

We Can Help Better Money Decisions.com

Our proprietary Financial Wellness For Life program

Register for upcoming webinars

Contact Better Money Decisions:

(844) 507-0961 Extension 700

We Can Help Better Money Decisions

Want our library of financial education topics? It’s all right here

Kate’s Forbes articles

Kate’s US News & World Report articles

Visit us on social media:

Facebook: Better Money Decisions
Twitter: ​Financial Better
Instagram: ​Better Financial Decisions

LinkedIn: Better Money Decisions

Apr 19, 2019

As a consumer, you’ve probably been solicited at least a time or two for your opinion on a product or service that you’ve purchased. Businesses like to hear the opinion of actual customers because those opinions can inform the decisions the business will make and how they can appeal to a larger audience.

When it comes to investing, it’s pretty common knowledge that you don’t want to invest based on emotions. If you were asked whether men or women investors tend to be guided more by emotion, you would probably say that women are the emotional investors and men are more data-driven. And, you’d be wrong. There is lots of evidence in the marketplace that men are much more emotionally invested in their investments than women are.

Today, we’re talking about your opinion of the markets and how that plays a role (or shouldn’t) in your investment strategy.

Show Highlights:

  • Your opinion of the market predictions should never guide your investing strategy.
  • The market is non-emotional and non-personal, don’t try to make it otherwise.
  • You don’t get emotional about buying fruit, so don’t get emotional about buying stocks.
  • Don’t wrap emotion in logic in order to make investment decisions.
  • Your opinion will never affect market movement.
  • You can avoid many common investment mistakes by not letting your opinion guide you.

Resources:

Got investing questions you’d like me to answer on the show?

 

Got investing questions you’d like me to answer on the show? We Can Help Better Money Decisions

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email

We Can Help Better Money Decisions.com

Our proprietary Financial Wellness For Life program

Register for upcoming webinars

Contact Better Money Decisions:

(844) 507-0961 Extension 700

We Can Help Better Money Decisions

Want our library of financial education topics? It’s all right here

Kate’s Forbes articles

Kate’s US News & World Report articles

Visit us on social media:

Facebook: Better Money Decisions
Twitter: ​Financial Better
Instagram: ​Better Financial Decisions

LinkedIn: Better Money Decisions

Apr 16, 2019

It’s easy to trick ourselves into thinking “it’s different this time”, but more often than not, that isn’t the case. When it comes to the stock market, cycles tend to repeat themselves and the research that’s been proven over the years is still relevant to todays market. In this episode, Kate Stalter talks why “it’s different” is a misleading mindset that will result in negative repercussions. To learn more about how to avoid this trend and to stop making decisions out of emotional biases tune into this episode of Better Money Decisions.

Show Highlights:

  • Behavior finance and cognitive biases that lead to bad decisions
  • How recency bias misleads us
  • Why we shouldn’t be too optimistic
  • Markets being driven by human components
  • Rebounds that occur after negative events
  • Reflecting on history to avoid falling into a trap

Links:

Episode 13: The Behavioral Investor With Daniel Crosby

US News & World Report: 7 Behavioral Biases That May Hurt Your Investments

Got investing questions you’d like me to answer on the show?

Can Help Better Money Decisions

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email

We Can Help Better Money Decisions.com

Our proprietary Financial Wellness For Life program

Register for upcoming webinars

Contact Better Money Decisions:

(844) 507-0961 Extension 700

We Can Help Better Money Decisions

Want our library of financial education topics? It’s all right here

Kate’s Forbes articles

Kate’s US News & World Report articles

Visit us on social media:

Facebook: Better Money Decisions
Twitter: ​Financial Better
Instagram: ​Better Financial Decisions

LinkedIn: Better Money Decisions

Apr 12, 2019

It’s common to hear words like “stocks”, “assets”, or “index funds” thrown around when it comes to finances, but what do those words really mean? When it comes to your investments, it’s important to know what the importance of every decision truly has. While you may have heard that index funds are a good investment, do you know why? Today Kate Stalter dissects these buzzwords to help you better understand the impact and purpose they have. To learn more about broad market returns in the form of index funds and how to simplify your finances, tune into this episode of Better Money Decisions.

Show Highlights:

  • Understanding basic investment terminology
  • What an Index Fund is
  • Fund fact sheets and where to find them
  • The Renaissance IPO exchange-traded fund
  • Basic index funds and what that means
  • Examples of major and widely used index funds
  • What would happen if every investor stopped chasing performance
  • Exploiting mispricing

Links:

Episode 18: Indexes and Exchange Traded Funds with Daniel Prince

US News & World Report: Should You Really Invest In That Hot IPO?

Fact Sheet for SPY ETF

Fact Sheet for IPO ETF

Got investing questions you’d like me to answer on the show?

 

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”:

Email: WeCanHelp@BetterMoneyDecisions.com

Our proprietary Financial Wellness For Life program

Register for upcoming webinars

Contact Better Money Decisions:

(844) 507-0961 Extension 700

WeCanHelp@bettermoneydecisions.com

Want our library of financial education topics? It’s all right here

Kate’s Forbes articles

Kate’s US News & World Report articles

Visit us on social media:

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Apr 9, 2019

When it comes to stocks, chances are that no matter how credible the source is, they still don’t have the answer. It’s easy to become fixated on the idea of certainty and security, but the truth is that no one person can really predict the outcome. In todays’ episode, Kate Stalter talks about putting aside desire for certainty, the common misconceptions people have about stocks and how to shift that mindset. To learn more about avoiding bad market prediction and how to determine what works best for your personal portfolio, tune into this episode of Better Money Decisions. 

 

Show Highlights: 

 

  • The common obsession with market prediction and certainty 
  • The loss and gains sensation 
  • What determines stock prices 
  • Commonalities between credible people giving bad predictions
  • Correlations between the economy and the stock market 
  • How to avoid guessing what might cause buyers and sellers to act 

 

Links: 

 

The Dangers of Listening to Financial Pundits 

https://finance.yahoo.com/news/dangers-listening-financial-pundits-130000552.html 

Got investing questions you’d like me to answer on the show? 

WeCanHelp@BetterMoneyDecisions.com 

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email 

WeCanHelp@BetterMoneyDecisions.com 

Our proprietary Financial Wellness For Life program 

www.https://bettermoneydecisions.com/financial-wellness-for-life/ 

Register for upcoming webinars: 

BetterMoneyDecisions.com/webinar 

Contact Better Money Decisions: 

(844) 507-0961 Extension 700 

WeCanHelp@bettermoneydecisions.com 

Want our library of financial education topics? It’s all right here: 

www.betterfinancialdecisions.com 

Kate’s Forbes articles: 

https://www.forbes.com/sites/katestalter/#799df653349f 

Kate’s US News & World Report articles: 

https://www.usnews.com/topics/author/kate_stalter 

Visit us on social media: 

Facebook: ​https://www.facebook.com/bettermoneydecisions/
Twitter: ​https://twitter.com/FinancialBetter
Instagram: ​https://www.instagram.com/betterfinancialdecisions/ LinkedIn: ​https://www.linkedin.com/company/better-money-decisions/ 

Apr 5, 2019

We’ve all heard of, and probably occasionally use Uber for quick and easy transportation. But have you ever heard of Lyft? Lyft is a ride sharing company, like Uber, but smaller and less known. Recently, Lyft’s stocks became available to the general public for investments and trading, but just because you can, does that mean you should? Today Kate Stalter explains why trend investments aren’t always a good idea, along with why smaller companies are sometimes more promising. Tune into this episode of Better Money Decisions to learn why well-known companies, despite gaining popularity, aren’t always the safest or most profitable investment. 

Show Highlights: 

  • Why companies go public with shares 
  • How investors are rewarded from small companies going public 
  • Why popular companies aren’t always a good investment 
  • What makes picking IPO's risky 
  • Reasons why you shouldn’t jump into trading because it goes public
  • The reality of stocks when companies settle back into real sales and earnings expectations 
  • Better ways to get your retirement plan aligned with your goals 

 

 

Links: 

Got investing questions you’d like me to answer on the show? 

WeCanHelp@BetterMoneyDecisions.com 

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email 

WeCanHelp@BetterMoneyDecisions.com 

Our proprietary Financial Wellness For Life program 

www.https://bettermoneydecisions.com/financial-wellness-for-life/ 

Register for upcoming webinars: 

BetterMoneyDecisions.com/webinar 

Contact Better Money Decisions: 

(844) 507-0961 Extension 700 

WeCanHelp@bettermoneydecisions.com 

Want our library of financial education topics? It’s all right here: 

www.betterfinancialdecisions.com 

Kate’s Forbes articles: 

https://www.forbes.com/sites/katestalter/#799df653349f 

Kate’s US News & World Report articles: 

https://www.usnews.com/topics/author/kate_stalter 

Visit us on social media: 

Facebook: https://www.facebook.com/bettermoneydecisions/
Twitter: https://twitter.com/FinancialBetter
Instagram: https://www.instagram.com/betterfinancialdecisions/ LinkedIn: https://www.linkedin.com/company/better-money-decisions/

Apr 2, 2019

Education is a great and powerful thing, but some things require more than reading a few articles. Naturally we turn to professionals when we’re in legal and medical crises, so why don’t we do the same with our finances? Today Kate Stalter talks why seeking professional guidance is the best thing to do for your personal and complex financial situation. Tune into this episode of Better Money Decisions to learn how you can take action and execute a program that works for you. 

 

Show Highlights: 

 

  • When you should educate yourself vs. when you should consult a professional 
  • What education consists of 
  • Why it’s important to have your finances calculated for your particular case 
  • Using education to avoid taking action 
  • Combining education with taking action 
  • Why mass market education isn’t beneficial for your finances 
  • Showing up and following a personal program to see results 
  • Incorporating full-transparency and executing a personal plan 

 

 

Links: 

For Your Free Report, “5 Serious Mistakes You Can Avoid in Retirement”: Email 

WeCanHelp@BetterMoneyDecisions.com 

Our proprietary Financial Wellness For Life program 

www.https://bettermoneydecisions.com/financial-wellness-for-life/ 

Register for upcoming webinars: 

BetterMoneyDecisions.com/webinar 

Contact Better Money Decisions: 

(844) 507-0961 Extension 700 

WeCanHelp@bettermoneydecisions.com 

Want our library of financial education topics? It’s all right here: 

www.betterfinancialdecisions.com 

Kate’s Forbes articles: 

https://www.forbes.com/sites/katestalter/#799df653349f 

Kate’s US News & World Report articles: 

https://www.usnews.com/topics/author/kate_stalter 

Visit us on social media: 

Facebook: ​https://www.facebook.com/bettermoneydecisions/
Twitter: ​https://twitter.com/FinancialBetter
Instagram: ​https://www.instagram.com/betterfinancialdecisions/ LinkedIn: ​https://www.linkedin.com/company/better-money-decisions/ 

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