Ep. 4 We're Talking Free Money, Maddie, Free Money! Just Make Sure it is Insured.

08/06/2023 26 min Temporada 1 Episodio 4
Ep. 4 We're Talking Free Money, Maddie, Free Money! Just Make Sure it is Insured.

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Episode Synopsis

Send us a textIn this episode, Mike and Maddie talk about how we invest money for our clients with mutual funds and ETFs at Charles Schwab and TD Ameritrade, including why we prefer funds to individual stocks. Then we talk about all the money people are giving up by keeping their savings in low yield accounts at mega banks like Wells Fargo. Mike goes on about the credit union he uses and loves (Police & Fire Federal Credit Union or PFFCU for short) and says as long as the bank or credit union account insured, moving from a low paying one to a high yielding one is free money. And we all like free money.

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