Financial Expert: The MOST CONTROVERSIAL Investing Myths That Cost You Money! | Ben Felix

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Timestamps:
00:00:00 - Intro
00:01:12 - The Best Investment He's Ever Made
00:04:04 - His Worst Investment: Buying Bitcoin
00:06:38 - The Myth That You Should Save as Much as Possible
00:09:07 - The Belief That Will Actually Make You Poor
00:10:42 - Why People Screw Up Something as Simple as Index Funds
00:13:03 - The Product Influencers Are REALLY Selling
00:14:59 - Sponsor: NetSuite
00:16:16 - All-Time Highs, Stretched Valuations, and Doing Nothing
00:20:09 - The One-Fund Portfolio and What's Actually in His
00:24:49 - How Much Should People Save?
00:25:58 - Setting Goals You Won't Regret in 20 Years
00:28:47 - Sponsors: Whatnot & Gusto
00:32:04 - Should Young People Borrow to Invest?
00:37:56 - Behavior Beats Math, and Cash Is the Real Risk
00:38:43 - Earn More vs. Spend Less
00:40:45 - The Cost Of Extreme Frugality
00:45:12 - The Rise of ETF Slop
00:47:34 - Covered Calls, and Why You're Built to Underperform
00:50:26 - Who Should Own Individual Stocks
00:53:10 - Forget 10% - Here's the REALISTIC Long-Term Return
00:55:41 - Sponsor: Upwork
00:56:55 - Am I Being Too Conservative?
00:59:46 - Diary of a CEO, and the Worst Financial Situations He Sees
01:02:55 - Why You Should NOT Look At Your Portfolio
01:04:09 - Risks People Overlook, and Pokémon Cards as an Asset
01:07:06 - Housing: Investment or Not?
01:10:10 - The 5% Rule for Renting vs. Buying
01:12:41 - The Intangible Benefits Trap and the Paid-Off House
01:19:25 - When Optimization Stops Being Worth It
01:22:10 - Money as a Tool to Buy Time
01:24:27 - What the Research Says About Money and Happiness
01:31:49 - The Life Cycle Model and the Safe Withdrawal Rate
01:38:50 - The Single Best Piece of Advice for Most People
01:41:04 - Reverse Interview: What Should He Cover Next?
01:44:22 - Why He Almost Didn't Come On the Podcast
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