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This week on the Pete the Planner Show, Pete and Damian welcome a special co-host: Pete’s daughter, Ollie!
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No time to listen? BUMMER. Here’s some of what happened:
Show Notes:
Stock Market Year-End Review (a month early):
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- Back on March 23rd, Pete and Damian talked about the performance of the market. Neither predicted that things would recover and rally like it has.
- Guessing Game: How has this stock done this year – is it: up, really up, or down, or really down?
- Carnival Cruise Lines: (Olivia) Down; (Damian) Very down. – Actual: Very down.
- Peloton: (Olivia) Up to really up; (Damian) Astronomically up. – Actual: Really up..
- Delta Airlines: (Olivia) Down; (Damian) Down. – Actual: Really down.
- ZOOM: (Olivia) Really up; (Damian) Really up. – Actual: Really down.
- S&P 500: (Olivia) Really up; – Actual: up.
Mailbag Question:
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- “I like to think I’m very responsible with money. Other than mortgage ($308K), I have no debt. I make $216K salary + a bonus of about $75K per year. Cashflow is good and I max out my 401(k) with company match. I’ve got 3 kids, 17, 15, and 12 years old respectively. I have some college funds set up for them. Is it stupid to join a country club?“
- Damian: I’m not unbiased. I grew up on a golf course. The one word that concerns us is “some.” IF the kids know what their future college expense responsible going to be, sure, join the club. Make memories!
- Pete: Me too. I’m leaning yes on this. His cash flow is significant. They could basically cashflow college.
- “I like to think I’m very responsible with money. Other than mortgage ($308K), I have no debt. I make $216K salary + a bonus of about $75K per year. Cashflow is good and I max out my 401(k) with company match. I’ve got 3 kids, 17, 15, and 12 years old respectively. I have some college funds set up for them. Is it stupid to join a country club?“
We’ve got so much more in the full show. Get every segment — click PLAY below for the full show.
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Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.