The Dough Roller Money Podcast (general)

In today’s podcast, Rob brings you up to speed on his own investments and portfolio during Covid-19 and discusses what retirement really means to him – and why it’s harder to stay retired than he thought! He hasn’t made any changes *because* of covid-19 but he does want to fill you in on the changes he’s made during this time.

Direct download: DR_Podcast_332_Managing_Your_Portfolio_During_COVID-19.mp3
Category:general -- posted at: 9:51am EDT

Dividend investing can be a solid way to earn income from your investments, but there are risks associated with it too. Here's what to know first.


COVID-19 is impacting almost every aspect of our lives. Investors now wonder, does the 4% Rule still apply or is it null and void in this economic climate?

Direct download: How_will_COVID-19_affect_the_4_rule_over_the_next_decade.mp3
Category:general -- posted at: 9:03am EDT

It’s not surprising if you are worried about how COVID-19 will affect your investments. Here's how investors can take control in this unprecedented time.

Direct download: DR_Podcast_329_Rob_Berger_on_COVID-19_and_Your_Investments.mp3
Category:general -- posted at: 9:31am EDT

What are the common links between driving a car and automating your finances? Here's a hint, both can propel you forward. Take a listen to get your finances in gear.


In podcast 327, we address misinformation and assumptions about the 4 percent rule to give you a better understanding of how it works.

Direct download: DR_Podcast_327_What_you_Really_Need_to_Know_about_the_Four_Percent_Rule.mp3
Category:general -- posted at: 11:01am EDT

Talking to your parents about money can be awkward, but it shouldn't be. Having this conversation earlier in life can save you and your parents from legal battles and other turmoil. In this episode, we'll discuss these issues with Cameron Huddleston, author of Mom and Dad, We Need to Talk. 

Direct download: DR_Podcast_326_A_Conversation_with_Author_Cameron_Huddleston.mp3
Category:general -- posted at: 9:44am EDT

Rob starts podcast 325 with a new guest and a different format. Here he answers listeners’ questions with Cortlon Cofield, a CPA and personal financial specialist who runs Cofield Advisors, a financial planning firm that provides advice for millennial entrepreneurs.

Direct download: DR_Podcast_325_QA_with_Personal_Financial_Specialist_Cortlon_Cofield.mp3
Category:general -- posted at: 8:12am EDT

In this episode, Rob discusses listeners’ debt problems, advising that if you’re able to pay off your debts in full, you should – not only for ethical reasons but also to protect your credit score!

Direct download: DR_Podcast_324_Listener_QA.mp3
Category:general -- posted at: 7:50am EDT

Debt sucks--true or false? You may be surprised to hear our answer to this first quiz question and you may find yourself pleasantly surprised at how fun a quiz could be. You'll likely take away valuable information and maybe even change your perspective on debt.

Direct download: DR_Podcast_323_Debt_Consolidation_Quiz.mp3
Category:general -- posted at: 8:32am EDT

Investment advice is everywhere. Some advice you'll find for free but if you're looking for professional advice, tailored to your financial situation and goals, you may have to pay for it. Is it worth investing in? We talk to Vanguard's Steve Utkus about assessing the value of advice.

Read More:

https://www.doughroller.net/investing/hire-investment-advisor-manage-investments/

Direct download: DR_322--Interview_with_Steve_Utkus_Vanguard.mp3
Category:general -- posted at: 8:05am EDT

Think Retiring Early is Just for the Wealthy? Think Again. Chris Mamula, author of Choose FI, achieved financial independence at a young age with a middle class salary. Here's his story.

Direct download: DR_Podcast_321_Interview_with_Chris_Mamula_Author_of_Choose_FI.mp3
Category:general -- posted at: 8:00am EDT

Stay calm and don't run from a bear. The same holds true in a bear market. In fact, the next serious market crash could be the best thing to happen to your investment portfolio.

Direct download: DR_320--Sequence_of_Returns.mp3
Category:general -- posted at: 12:25pm EDT

In this episode we're going to talk about the simple math behind the FIRE movement (Financial Independence, Retire Early). How do you even start to think about how much money you'll need when you're ready to retire? The good thing is, it's easier to figure out than you might think. Plus, Rob talks about his new book, which is now available on pre-order.

Direct download: DR_Podcast_319_FIRE_Math.mp3
Category:general -- posted at: 8:33am EDT

In this episode, Rob discusses the process of buying a home (he just bought one!) But how should he (and you) keep track of important documents? Rob created a shared spreadsheet that you can use to keep track of everything important related to his home.

Direct download: DR_318--Home_Documentation_1.mp3
Category:general -- posted at: 4:11am EDT

In this episode, Rob gets theoretical: How much control do we actually have over our financial situation? Rob tackles the issue, and dives into the Latte Factor - the idea that if you stop buying your cup of coffee at Starbucks you'll end up with a million dollars in 40 years. Is that true, or does it rest on unrealistic assumptions?

Direct download: DR_317--The_Latte_Factor_Revisited.mp3
Category:general -- posted at: 8:37am EDT

In this episode, Rob talks about his plan to generate a million dollars in wealth through cash back rewards. He tries to strike a balance between maximizing cash rewards while maintaining simplicity by using just one credit card.

He walks us through which cards he's using, discusses Ebates, and shares his wisdom on earning cash back.

Direct download: DR_316--My_Cash_Back_Rewards_Strategy.mp3
Category:general -- posted at: 5:32am EDT

In this episode, Rob talks about investment fees and whether they really matter. Are fees important, or are the returns what we should be focusing on? Rob also takes a detour to discuss the Secure Act - a piece of legislation that would make changes to retirement accounts. Find out how it would affect you if it passes.

Direct download: DR_315--Investing_Fees_vs_Returns.mp3
Category:general -- posted at: 1:18am EDT

In this podcast, Rob takes a deep dive into what you get when you pay high advisory fees. He compares the Fidelity Freedom 2050 target retirement fund with the similar Vanguard 2050 retirement fund. He ends off with three questions to ask yourself before you leave an expensive managed investment fund:

  • Is my advisor’s strategy truly adding value to my portfolio?
  • Am I comfortable having all my money in just three or four funds? 
  • How will I handle it when my portfolio underperforms? 
Direct download: DR314--How_to_Leave_Your_Expensive_Investment_Advisor.mp3
Category:general -- posted at: 2:07am EDT

In this episode, Rob talks about Health Savings Accounts. He calls them "one of the best tax-advantaged accounts" you could have - he tells us why he has one and why you should too. Oh, and if you want to watch it on Youtube, the the podcast has a video new format - check it out!

Direct download: DR_313--HSAs.mp3
Category:general -- posted at: 3:24am EDT

In this episode, Rob discusses Balance Transfer Credit Cards. What are they, what aren't they. How to use them, how not to use them. Trick, traps. And everything else you should think about when you consider applying for a balance transfer credit card. He also answers some listener questions about the latest Flywheel episode and more.

Direct download: DR_312--Balance_Transfer_Credit_Cards1.mp3
Category:general -- posted at: 5:00am EDT

In this episode, Rob answers listener questions about REIT funds and the Smart Beta. He also discusses the Flywheel, which describes investing as difficult to get started but easy thereafter. It’s a fun episode - enjoy!

Direct download: DR_311--The_Flywheel.mp3
Category:general -- posted at: 3:41am EDT

In this episode Rob discusses four questions from readers focusing on investing for retirement. Oh, and his book is hitting the shelves soon - be sure to check it out!

Direct download: DR_310--Listener_QA.mp3
Category:general -- posted at: 5:47am EDT

In this episode, Rob discusses The Progress Principle, coined by Teresa Amabile and Steven Kramer, and gives advice on how to apply it to your financial life. From tracking your net worth to using the debt snowball to rid yourself of debt, Rob gives you the tools you need to progress in your financial life.

Direct download: DR_309--The_Progress_Principle.mp3
Category:general -- posted at: 3:46am EDT

In this episode, Rob dives deep into best practices for asset allocation. Hint: There's no one right answer - everyone will have a strategy that works best for their own personal needs. But use the tools Rob gives you to figure out your own stocks vs. bonds allocation.

Direct download: DR_308--Stock_Vs_Bond_Allocation.mp3
Category:general -- posted at: 6:10am EDT

Direct download: Podcast307.mp3
Category:general -- posted at: 3:24am EDT

In this episode, Rob discussed a couple of financial tools he finds useful that can help you with budgeting, retirement planning, and much much more. One of the tools you might be familiar with, the other maybe not. As always, he hopes this episode will help you in your quest for financial freedom.

Direct download: DR_306--YNAB_and_eMoney.mp3
Category:general -- posted at: 4:45am EDT

The markets declined recently. We all lost money, on paper. We all started to worry. and we questioned everything. In this episode, Rob talks about the psychology of facing a downturn in the stock market.

Direct download: DR_305--Surviving_a_Bad_Market.mp3
Category:general -- posted at: 1:40am EDT

In this episode, Rob asks what's more important within the FIRE movement - the FI (Financial Independence) or the RE (Retiring Early). He also discusses the future of the movement in the face of the next bear market.

Direct download: DR_304--The_Fire_Movement1.mp3
Category:general -- posted at: 9:34am EDT

When it comes to money, things can become very confusing. This confusion can lead to stress, which leads to poor spending habits. In this episode, Rob tells us his four simple strategies to simplify the financial world in order to be successful with money in the long-term.

Direct download: DR_303--The_Four_Pillars_of_Financial_Success.mp3
Category:general -- posted at: 2:45am EDT

Rob teaches us how to manage an emergency fund after reading a discussion on the topic on the Dough Roller Facebook group. He tells us what he does with his own emergency fund, and give us some insight into the best alternatives that might be right for others.

Direct download: DR_302--How_to_Manage_Your_Emergency_Fund.mp3
Category:general -- posted at: 2:39am EDT

Direct download: DR_301--Tax_Loss_Harvesting.mp3
Category:general -- posted at: 2:00am EDT

Direct download: DR_300--QA.mp3
Category:general -- posted at: 4:12am EDT

Direct download: DR_299--Helping_Others_with_Finances_-_7_10_18_2.25_PM.mp3
Category:general -- posted at: 7:57am EDT

In this episode, Rob tackles some questions from the Dough Rollers Facebook group. The common theme: should you pay off debt first and save or invest later? More Here

Direct download: DR_298--Constraints.mp3
Category:general -- posted at: 2:41am EDT

Today we look at the binder I put together to help explain our finances to my wife and children should I get hit by a truck.

Direct download: DR_297--Blue_Binder.mp3
Category:general -- posted at: 8:36am EDT

We examine the 7 levels of financial freedom.

Direct download: DR_296--7_Levels_of_Financial_Freedom.mp3
Category:general -- posted at: 1:25pm EDT

Today we cover Warren Buffett's letter to Berkshire Hathaway shareholders and answer 3 lister emails.

Direct download: DR_295--2017_Berkshire_Hathaway_Letter.mp3
Category:general -- posted at: 1:06pm EDT

Today we answer a listener's question about how to invest a $1.5 million inheritance for somebody in their 20's.

Direct download: DR_294--How_to_Invest_an_Inheritance.mp3
Category:general -- posted at: 10:06am EDT

We look at 10 steps every recent college graduate should take to master their money

Direct download: DR_293--Financial_Life_After_College.mp3
Category:general -- posted at: 10:02am EDT

Today we answer questions from our Facebook group, including the best books of 2017

Direct download: DR_292--QA_1--2--2018.mp3
Category:general -- posted at: 3:26pm EDT

We answer listener questions about investing, retirement and credit cards.

Direct download: DR_291--QA_12-26-2017.mp3
Category:general -- posted at: 4:19pm EDT

Today we interview Wayne Weber, founder of giftofcollege.com. The company makes it easy to give the gift of education by contributing to a loved one's 529 plan.

Direct download: DR_290--Gift_of_College.mp3
Category:general -- posted at: 8:48am EDT

Today we talk with Jeanne Fisher, CFP of ARGI to discuss Roth vs. Traditional Retirement Accounts

Direct download: DR_289--Roth_vs_Traditional_Retirement_Accounts_w._Jeanne_Fisher.mp3
Category:general -- posted at: 12:50pm EDT

We look at defined benefit plans for small businesses.

Direct download: DR_288--Defined_Benefit_Plans.mp3
Category:general -- posted at: 2:12pm EDT

We look at why you likely have more tan 30 different credit scores, and what they all mean.

Direct download: DR_287_--_28_Credit_Scores.mp3
Category:general -- posted at: 12:54pm EDT

We look at the latest proposal to reform individual and corporate taxes.

Direct download: DR_286_-_Tax_Cuts_and_Jobs_Act.mp3
Category:general -- posted at: 3:20pm EDT

We interview JW of The Green Swan to talk about his journey toward financial independence and early retirement.

Direct download: DR_285_-_JW_Interview_--_The_Green_Swan.mp3
Category:general -- posted at: 12:26pm EDT

We discuss no penalty CDs and how they can be a great place to keep your emergency fund.

Direct download: DR_283_-_No_Penalty_CDs.mp3
Category:general -- posted at: 11:56am EDT

Today we talk with Paul Merriman about how to stick to an investing plan during a bear market.

Direct download: 282_DR_282_-_Investing_in_Bear_Markets_with_Paul_Merriman.mp3
Category:general -- posted at: 12:35pm EDT

Today we cover 6 critical steps when applying for a job.

Direct download: DR_281-How_to_apply_for_a_job.mp3
Category:general -- posted at: 1:22pm EDT

Today we answer listener questions on target date retirement funds, the stock market, transferring investments, credit cards, and cash reserves.

Direct download: DR_280--QA_Target_Date_Retirement_Fund.mp3
Category:general -- posted at: 9:20am EDT

Today we answer questions from our Facebook Group. We cover compound interest, lending money to friends and family and how to calculate how much you need to retire.

Direct download: DR_279--QA_Compounding_Edition.mp3
Category:general -- posted at: 5:23pm EDT

I review my experiences with two very different investment advisors. We'll discuss their fees, the issues they addressed, and recommendations they made for my finances and investments.

Direct download: DR_278--Two_Investment_Advisors.mp3
Category:general -- posted at: 5:28pm EDT

Today we talk with famed value investor, Guy Spier. The author of The Education of a Value Investor, Guy shares with us some of his investment approach that has enabled him to beat the S&P 500 for two decades.

Direct download: 277_DR_277__Interview_with_Guy_Spier.mp3
Category:general -- posted at: 3:16pm EDT

Today with interview JL Collins, author of The Simple Path to Wealth. We talk about everything from investing to careers to financial freedom.

Direct download: CLCollinsInterview.mp3
Category:general -- posted at: 4:55pm EDT

Rebecca Moffett and Ann Gill join us from Vanguard Charitable. We talk about charitable giving, how to evaluate charities, and donor advised funds.

Direct download: DR_274_-_Vanguard_Charitable_Interview.mp3
Category:general -- posted at: 12:19pm EDT

With the Fiduciary Rule about to go into effect, we look at how fee-only advisors can hurt an investor.

Direct download: DR_274_--_The_Fiduciary_Rule.mp3
Category:general -- posted at: 2:44pm EDT

We answer your questions, including whether the market is to rich for new investments, asset location, and short term investment goals.

Direct download: DR_272_--_QA_Overdrive_Edition.mp3
Category:general -- posted at: 12:29pm EDT

Today we discuss why the stock market is a dangerous way to invest for short term goals. Instead, we give you four other options.

Direct download: DR_272--How_to_Invest_for_Short_Term_Goals.mp3
Category:general -- posted at: 12:58pm EDT

Here's my take on Paul Merriman's Ultimate Buy and Hold Strategy. We also answer three listener questions

Direct download: DR_271--My_Thoughts_on_the_Ultimate_Buy_and_Hold_Portfolio.mp3
Category:general -- posted at: 9:54am EDT

Today we have Paul Merriman on the show to discuss his ultimate buy and hold strategy.

Direct download: DR_270--Paul_Merrimans_Ultimate_Buy_and_Hold_Strategy.mp3
Category:general -- posted at: 11:08am EDT

Today we interview Blooom co-founder, Chris Costello. We talk about 401k investing and the state of the financial industry.

Direct download: DR_269--Chris_Costello_of_Blooom.mp3
Category:general -- posted at: 10:22am EDT

Trump just released his plan for individual and corporate tax reform. Here are the details.

Direct download: DR_268.5--Trumps_Tax_Plan.mp3
Category:general -- posted at: 4:58pm EDT

Today we interview Mark Zoril, who offers financial planning for just $96 a year.

Direct download: DR_268--Mark_Zoril.mp3
Category:general -- posted at: 5:00am EDT

Today we look at adoption, Tesla's valuation, index fund investing, budgeting with quicken, Roth 403b accounts, and more.

Direct download: DR_267--QA_Tesla_Edition.mp3
Category:general -- posted at: 5:00am EDT

We talk about taking responsibility for our finances, the best budgeting apps, mortgages, real estate, and forming an LLC

Direct download: DR_266--QA_Personal_Responsibility_Edition.mp3
Category:general -- posted at: 11:19am EDT

We interview Chris White, author of Working with the Emotional Investor, Financial Psychology for Wealth Managers

Direct download: DR_265-Chris_White_Interview.mp3
Category:general -- posted at: 5:00am EDT

Today we look at EE Savings Bonds and how to deal with the minimum investment requirement of mutual funds.

Direct download: DR_264--EE_Bonds.mp3
Category:general -- posted at: 7:07am EDT

Today we talk about childhood money stories that affect how we handle money as adults, EE Bonds, asset allocation, and of course chess.

Direct download: DR_263--QA_Personal_Money_Stories_Edition.mp3
Category:general -- posted at: 7:20am EDT

We interview certified financial planner Jeanne Fisher about asset and wealth management, including fees

Direct download: DR_262-Interview_with_Jeanne_Fisher_CFP.mp3
Category:general -- posted at: 8:56am EDT

Today we cover more healthcare, investment expenses, Schwab index funds, Motif Investing, investment returns, and what makes us happy.

Direct download: DR_261-QA_Happiness_Edition.mp3
Category:general -- posted at: 9:23am EDT

Today we cover health care, COBRA benefits, commodities, tracking investments, and setting financial priorities.

Direct download: DR_260--QA_--Financial_Priorities_Edition.mp3
Category:general -- posted at: 9:26am EDT

We discuss health care, savings account rates, American Funds, retirement accounts, multiple streams of income, and hiring a CPA.

Direct download: DR_259-American_Funds_Edition.mp3
Category:general -- posted at: 8:54am EDT

Today we answer your investing questions, including the relevance of past performance and backdoor Roths.

Direct download: DR_258--QA_Past_Performance_Edition.mp3
Category:general -- posted at: 10:04am EDT

We evaluate Snap's recent IPO to determine whether it's a good investment.

Direct download: DR_257--Snap_IPO.mp3
Category:general -- posted at: 10:43am EDT

We answer your questions ranging from bad 401k options to paying off a mortgage early.

Direct download: DR_256-_QA_Organize_Tomorrow_Today_Edition.mp3
Category:general -- posted at: 6:00am EDT

Today we look at 401k and 403b fees, and I share a mistake I made and how I'm going to correct it.

Direct download: DR_255--401k_Fees.mp3
Category:general -- posted at: 6:00am EDT

Today we talk about the rise of robots, passive investing, and acorns (a FinTech investment service)

Direct download: DR_253--Passive_Investing.mp3
Category:general -- posted at: 11:39am EDT

Today we answer some great questions by podcast listeners about investing. We cover RMD, asset allocation, asset location, free brokers, the fiduciary rule and a whole lot more.

Direct download: DR_252_-_QA_2--8--2017.mp3
Category:general -- posted at: 10:12am EDT

In the final installment in our series of How to Build Wealth on Any Income we look at bond investing.

Direct download: DR_251_-_HBWAI--Bond_Investing.mp3
Category:general -- posted at: 12:17pm EDT

In our series on How to Build Wealth on Any Income, today we look at investing in REITs and commodity funds.

Direct download: DR_250_-_HBWAI--REITs_and_Commodities.mp3
Category:general -- posted at: 8:25am EDT

In our series on How to Build Wealth on Any Income, today we look at the benefits of investing in foreign stocks.

Direct download: DR_249_-_HBWAI--International_Investing.mp3
Category:general -- posted at: 12:18pm EDT

In our series on how to build wealth on any income, today we look at tiling an investment portfolio toward value funds

Direct download: DR_248-_HBWAI--Value_Investing.mp3
Category:general -- posted at: 10:20am EDT

In our series on How to Build Wealth on Any Income, we look at how to leverage small companies in an investment portfolio.

Direct download: DR_247-_HBWAI--Small_Cap.mp3
Category:general -- posted at: 10:23am EDT

In our continuing series on How to Build Wealth on Any Income, today we start a deep dive into asset allocation and how to build a solid investment plan.

Direct download: DR_246--HBWAI-Asset_Allocation_Overview.mp3
Category:general -- posted at: 9:42am EDT

In our series on How to Build Wealth on Any Income, today we look at what drives stock prices. So often investors see the market as a game, at best. The reality is that behind every stock mutual fund or ETF are real live businesses working to earn a profit. And it's ultimately profits that drive the direction of stock prices.

Direct download: DR_245_-_HBWAI--Why_Does_the_Stock_Market_Go_Up.mp3
Category:general -- posted at: 10:19am EDT

In our series on How to Build Wealth on Any Income, we look at the 7 things that affect investment returns.

Direct download: DR_244_-_HBWAI--7_Things_That_Affect_Investment_Returns.mp3
Category:general -- posted at: 12:04pm EDT

We look at the importance of investment returns for generating wealth, and how even small differences in returns can have a huge difference on your wealth.

Direct download: DR_243_-_HBWAI--The_Power_of_Returns.mp3
Category:general -- posted at: 9:08am EDT

In our continuing series on How to Build Wealth on Any Income, we look at time, and the importance of investing as early as possible.

Direct download: DR_242_-_HBWAI--Time.mp3
Category:general -- posted at: 8:16am EDT

We cover six ideas on how to spend less than you make, including the value of life experiments and the spending audit.

Direct download: DR_241__-_HBWAI--Some_Thoughts_on_Spending_Less_Than_You_Make.mp3
Category:general -- posted at: 9:06am EDT

Continuing our series on how to build wealth on any income, today we look at the important question of how much should you save.

Direct download: DR_240__-_HBWAI--How_Much_Should_You_Save.mp3
Category:general -- posted at: 10:17am EDT

Today in our series on how to build wealth on any income, we answer your questions on everything from 401ks to future stock market returns

Direct download: DR_239__-_HBWAI--QA.mp3
Category:general -- posted at: 10:49am EDT

Continuing our series on how to build wealth on any income, today we explore the incredible power of small amounts of money if invested over time.

Direct download: DR_238__-_HBWAI--Small_Amounts.mp3
Category:general -- posted at: 9:08am EDT

Continuing our series on how to build wealth on any income, we look at the power of compounding.

Direct download: DR_237__-_HBWAI--Compounding.mp3
Category:general -- posted at: 9:11am EDT

In part one of our series on how to build wealth on any income, we look at the importance of the net worth statement. We explore how our monthly budget affects our net worth, and the importance of compounding.

Direct download: DR_236_-_How_to_Build_Wealth_on_Any_Income.mp3
Category:general -- posted at: 9:14am EDT

We talk about 2016, a BHAG for 2017, net worth updates, your most frequently asked questions, and what to look forward to in 2017.

Direct download: DR_235_-_2016_Recap.mp3
Category:general -- posted at: 1:24pm EDT

One percent doesn't seem like much. But pay an investment advisor 1% a year and it could easily cost your more than $1 million over a lifetime of investing. In this podcast, we look at why investment fees matter.

Direct download: DR_234_-_Understanding_Investment_Fees.mp3
Category:general -- posted at: 10:31am EDT

Evaluating your investment portfolio is a critical task for DIY investors. That’s particularly true if you have an investment advisor manage your money and are now considering taking over the reins. That’s exactly the situation of a reader named Dave who emailed me recently. He’s five to 10 years away from retirement. His investments are […]

The post How to Evaluate an Investment Portfolio appeared first on The Dough Roller.

Direct download: DR_201--Investment_Portfolio_Evaluation_-_42416_7.08_PM.mp3
Category:general -- posted at: 5:06pm EDT

Following the conclusion of my 31-Day Money Challenge, I’ve had several people email me about the difference between mutual funds and ETFs (exchange traded funds). A quick review of opinions online may lead some to think ETFs are better than mutual funds. There is a lot of information suggesting, for example, that ETFs are less […]

The post DR 039: Mutual Funds vs. ETFs–Does it Really Matter? appeared first on The Dough Roller.

Direct download: 39--Mutual_Funds_vs_ETFs.mp3
Category:general -- posted at: 2:00pm EDT