8:52 - The wealth of tech giants reflects the unprecedented speed & scale of value generation in the 21st century, which no civilization has seen before.
Scott Galloway says that when you start making an s-ton of money at something you start reallly liking it, loving it. Well, that's great, but hardly anyone in America ... over 90% do not make an s-ton of money doing anything, and in fact those statistics are even getting worse. I used to think Galloway was such an informative guy, but he has really disappointed in the last 6 months or so. he makes all these sexist comments on his podcast appearances to shore up his masculinity, and then he goes on other shows pretending to care about the sexist attitudes of boys and men. Seems hypocritical to me and not helpful to anyone.
The more the male part of this podcast talks about topics outside of marketing, the more I wish the female part of this podcast would find another bored millionaire.
@@sumernoel1553 Frig off sumer, I'm allowed to have an opinion and broadcast it as much as any other idiot. I listen for Scott. Kara is rude, insecure, and adds nothing to the conversation
The advice on asset allocation is awful!! Human capital is the person’s fixed income allocation, almost every savings should be in equity up until retirement, and even in retirement higher allocations to equities make sense. So much returns are lost from under allocating to equities. If concern is liquidity, keep a few months of liquid and short duration assets (I.e., cash or cash-like instruments). If a person loses a job and needs liquidity, they can also sell equities. Just make sure to keep investments outside the retirement account.
@@jasonjstdrhow often does that happen? How long does it take to recover? Most importantly, for a longer investment period you would still have more money investing in equities after a 50% drop then if you go to bonds.
@@dabdias it's happened twice in the lifetime of most current retirees and it's taken between 11 and 13 years to break even to zero %. Your suggestion is great for anyone who doesn't rely on their portfolio to live. Some people can't live off of 50% of their portfolio especially as they are spending it down in retirement. For those who can, 100% equities are a reasonable option.
"just make sure to keep some money outside your retirement account"? How about 40% outside my retirement and I'll invest it in bonds so I can get a return?
@@sco0tpa S&P500 didn’t fall by 50% once in the last 40 years, there were some large drops, but the point is not about the drops but about the gains you still have after the drops. Take the historical average return of the US stock market (including dividends), calculate the return of saving a fixed amount every year for 30 years, half that (50% drop), and then compare with what you would get from a bond-equity portfolio during the same time period and hit by the same shock. Can’t also forget that bonds don’t protect you all that well from negative shocks: for many years in the last 20 years short term interest rates were at zero or very close to zero, with the inflation spike of 2022 and the higher rates that followed many bond holders endured significant losses. Final point, planning for retirement is not about hitting a number that is enough to live if everything goes well, for retirement you need to save assuming that not everything will go well and for that you need a buffer.
This is such a great interview. Vivian is awesome! And these questions are great!!
love Vivian
Thank you, Kara and Vivian💫
I like Vivian and how she disseminates info/tips...thank you for interviewing her! 😊
Vivian and Prof. G!!!!🎉
Great show!!
@ 6:15 I love you, Kara!
Great guest .. great job
Thank you! You all are the best. Cannot wait to share with my kids.
Vivian is great
Vivian Tu is brilliant!
8:52 - The wealth of tech giants reflects the unprecedented speed & scale of value generation in the 21st century, which no civilization has seen before.
Scrumptious 🤑🐽🤑
So if everyone voted against their financial interests, how long until party policy flips?
Kara, I think it would help if you got a little closer to the camera.
😊😊😊😊😊😊😊😊😊😊😊😊😊😊
How would financial advice for women and people of color differ from general advice, all else being equal? Genuine question.
yes very weird positioning
"The rich will benefit from Trump, not regular people" Man was this country ever conned.
Scott Galloway says that when you start making an s-ton of money at something you start reallly liking it, loving it.
Well, that's great, but hardly anyone in America ... over 90% do not make an s-ton of money doing anything, and in fact those statistics are even getting worse. I used to think Galloway was such an informative guy, but he has really disappointed in the last 6 months or so. he makes all these sexist comments on his podcast appearances to shore up his masculinity, and then he goes on other shows pretending to care about the sexist attitudes of boys and men. Seems hypocritical to me and not helpful to anyone.
I think it's called a sense of humor :-D Dude is a #mensch
The more the male part of this podcast talks about topics outside of marketing, the more I wish the female part of this podcast would find another bored millionaire.
Kara is insufferable in every video. Why question Vivian‘s financial guru status “of sorts“.
Random criticism of a person running their own podcast “insufferable” is kind of insufferable. You don’t have to listen. 🤷♀️
@@sumernoel1553 Frig off sumer, I'm allowed to have an opinion and broadcast it as much as any other idiot. I listen for Scott. Kara is rude, insecure, and adds nothing to the conversation
@@sumernoel1553 And you don't have to read my opinion on a public forum. :P SKIP
The advice on asset allocation is awful!! Human capital is the person’s fixed income allocation, almost every savings should be in equity up until retirement, and even in retirement higher allocations to equities make sense. So much returns are lost from under allocating to equities. If concern is liquidity, keep a few months of liquid and short duration assets (I.e., cash or cash-like instruments). If a person loses a job and needs liquidity, they can also sell equities. Just make sure to keep investments outside the retirement account.
Suppose equities drop by 50% when you need cash?
@@jasonjstdrhow often does that happen? How long does it take to recover? Most importantly, for a longer investment period you would still have more money investing in equities after a 50% drop then if you go to bonds.
@@dabdias it's happened twice in the lifetime of most current retirees and it's taken between 11 and 13 years to break even to zero %. Your suggestion is great for anyone who doesn't rely on their portfolio to live. Some people can't live off of 50% of their portfolio especially as they are spending it down in retirement. For those who can, 100% equities are a reasonable option.
"just make sure to keep some money outside your retirement account"? How about 40% outside my retirement and I'll invest it in bonds so I can get a return?
@@sco0tpa S&P500 didn’t fall by 50% once in the last 40 years, there were some large drops, but the point is not about the drops but about the gains you still have after the drops. Take the historical average return of the US stock market (including dividends), calculate the return of saving a fixed amount every year for 30 years, half that (50% drop), and then compare with what you would get from a bond-equity portfolio during the same time period and hit by the same shock. Can’t also forget that bonds don’t protect you all that well from negative shocks: for many years in the last 20 years short term interest rates were at zero or very close to zero, with the inflation spike of 2022 and the higher rates that followed many bond holders endured significant losses. Final point, planning for retirement is not about hitting a number that is enough to live if everything goes well, for retirement you need to save assuming that not everything will go well and for that you need a buffer.