Main St. Finance is here to take personal finance and Wall Street investing and break it down to its basics so that all people can achieve an advanced understanding of the American financial system. You can then use that knowledge to better take control of your finances to manage budgeting, taxes, investments, retirement, and more.
Episodes
Tuesday Apr 06, 2021
Tuesday Apr 06, 2021
Today on the show, I give an explanation of one of the most controversial theories in modern finance; The Theory of Efficient Markets. I'll explain what this theory is and how it affects you as a modern investor.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show!
My Usual Links
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Mar 30, 2021
Tuesday Mar 30, 2021
Brian Dress joins me on the show today to talk about preparing your portfolio for a potential high inflation environment. Brian is an investment advisor and Director of Research for Left Brain Wealth Management. We talk about the possibilities of Growth Stocks, Real Assets, Bonds, International stocks, and cryptocurrency being able to help offset the risks of inflation on your portfolio.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show!
Brian’s Links
Left Brain Website: www.leftbrainwm.com
Left Brain Investment Research: www.leftbrainir.com
Discount Code for 25% off: MAINST25
Fortune Makers Zoom Event: https://www.eventbrite.com/e/fortune-makers-wealth-builders-tickets-144074299107
Event is on April 8th
High Yield Bond Index: Ticker- HYG
Roku: Ticker- ROKU
Blackstone Minerals: Ticker- BSM
My Usual Links
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Mar 23, 2021
Tuesday Mar 23, 2021
Inflation... Should you be worried about it now more than ever? Today I talk about the basics on inflation and the kinds of trouble that it can cause to us as individuals as well as the general economy. I'll talk about what inflation exactly is, what causes it, and how to protect ourselves from it. Next week I will be speaking to an investment adviser and a Director of Research on how we can prepare our portfolios in case we think there is impending inflation coming.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
Best Film Ever Links
All podcast episodes: https://linktr.ee/bestfilmeverpod
Facebook Page: https://www.facebook.com/bestfilmeverpod/
Podcast Virtual Convention trivia episode: Unfortunately, I could not find the link for this one, but you can find the entire trivia game on their Facebook page!
Extra Inflation Links
https://www.investopedia.com/terms/i/inflation.asp
https://www.economicshelp.org/macroeconomics/inflation/causes-inflation/
https://www.forbes.com/advisor/investing/what-is-inflation/
https://www.thebalance.com/what-is-inflation-how-it-s-measured-and-managed-3306170
My Usual Links
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Mar 16, 2021
Tuesday Mar 16, 2021
Today I break down the types (or as I like to say, the Flavors) of Financial Independence. Most people only think of Financial Independence - or FI - as a "one and done" or "All or Nothing" approach. In fact, there are about a half dozen different off shoots of FI. Each involves different strategies, goal numbers, and time commitments. Be sure to check out this episode to learn more about: LeanFIRE, FatFIRE, CoastFIRE, and BaristaFIRE.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
My Usual Links:
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Mar 09, 2021
Tuesday Mar 09, 2021
Today we talk about how to establish your credit and some of the best ways to do it. I also go into the story of how I established my credit to give listeners an example. Be sure to check out this short and sweet episode!
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
Helpful Links
https://www.experian.com/blogs/ask-experian/credit-education/improving-credit/building-credit/
https://www.wellsfargo.com/financial-education/basic-finances/build-the-future/cash-credit/establish-credit
https://www.nerdwallet.com/article/finance/how-to-build-credit
https://www.creditkarma.com/advice/i/how-to-build-credit-from-scratch
My Usual Links:
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Wednesday Mar 03, 2021
Wednesday Mar 03, 2021
Today we open the mail bag and answer some questions from an audience member. Sarah put a bunch of questions regarding authorized users on credit cards in a comment on a recent YouTube Video on my channel. She asked plenty of questions on the subject, so I decided to set up my soap box and make an episode about what authorized users are and the pros and cons of having them.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
My Usual Links:
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Feb 23, 2021
Tuesday Feb 23, 2021
It’s Tax Season! I know that tax season isn’t the most exciting time, but for most people its also known as refund season. For a little bit of work of filing your taxes online, you can get a check from the government, but how does this all work? Today we are going to talk about tax brackets. Tax brackets are used in the United States, Canada, Australia, India, and several other countries as a way to tax all citizens fairly. The brackets are used to tax different amounts of income at different tax rates while also keeping it fair for everyone. Tune in to see my explanation of taxes and how the brackets work!
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
Tax Bracket Links:
Who Pays What Percentage of Federal Income Taxes: https://taxfoundation.org/federal-income-tax-data-2021/
The Tax Bracket Dollar Amounts 2020: https://taxfoundation.org/2020-tax-brackets/
How Tax Brackets Work: https://blog.taxact.com/how-tax-brackets-work/
Finding your Tax Bracket: https://turbotax.intuit.com/tax-tips/irs-tax-return/what-is-my-tax-bracket/L3Dtkab8G
My Usual Links:
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Feb 16, 2021
Tuesday Feb 16, 2021
Credit Scores and Credit Reports. These are two terms that seem to rule our lives now-a-days, but what are they? Today I talk about what each of these are, what goes into each of them, what their purpose is, and I go over some resources to help you along your credit journey.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
Credit Resource Links:
Information on the Vantage Score: https://vantagescore.com/
Credit Resources from Fair Issac Corp. (FICO): https://www.fico.com/en/sabf/resources
Description of FICO Versions: https://www.myfico.com/credit-education/credit-scores/fico-score-versions
Credit Karma (Free Credit Scores): https://www.creditkarma.com/
Free Credit Reports: https://www.annualcreditreport.com
Consumer Financial Protection Bureau (CFPB): https://www.consumerfinance.gov/
Nerd Wallet: https://www.nerdwallet.com
My Usual Links:
Website: www.MainStFinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Tuesday Feb 09, 2021
Tuesday Feb 09, 2021
What should you do first: invest or pay off your debt? Personally, I think the answer is a math problem. However, like most personal finance debates, there are two ways to answer every question. Today I cover my thoughts on both sides of the equation.
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
My Usual Links:
Show Email address: Mainstfinance@gmail.comTwitter Account: @MainStMoneyYouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww
Sunday Jan 31, 2021
Sunday Jan 31, 2021
Game Stop? AMC? The Short Squeeze of the century? Quite a lot of information has been flowing and crazy stock movements have been happening this week. I am releasing this week’s episode early because I want the information to be out before the market opens on Monday so you can get the information you need as soon as possible.
This week I talk about Game Stop and the market mechanics behind its meteoric rise from $30 per share to almost $400 per share. I talk about how this is happening, the forces behind the movements, and the potentially illegality of the shenanigans of all involved!
Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!
Short Selling & Short Squeeze Resources
Short Selling - www.investopedia.com/terms/s/shortselling.asp
Short Selling Basics - www.investopedia.com/articles/investing/100913/basics-short-selling.asp
Short Squeeze - www.investopedia.com/terms/s/shortsqueeze.asp
Jim Cramer
South Park shoutout: www.youtube.com/watch?v=Y5X1fEkKiIo
You’ve Already Won: www.cnbc.com/2021/01/29/cramer-tells-investors-to-take-home-run-and-sell-gamestop.html
News reporting that Hedge Funds have closed positions
Market Insider - www.markets.businessinsider.com/news/stocks/gamestop-stock-short-sellers-melvin-capital-citron-surrender-bets-gme-2021-1-1030010382
SEC Investor.gov Links
Short Sales - investor.gov/introduction-investing/investing-basics/glossary/short-sales-0
Pump & Dump - investor.gov/introduction-investing/investing-basics/glossary/pump-and-dump-schemes
Market Manipulation - investor.gov/introduction-investing/investing-basics/glossary/market-manipulation
My Usual Links:
Website: Mainstfinance.org
Show Email address: Mainstfinance@gmail.com
Twitter Account: @MainStMoney
YouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww