Admit Your Money Mistakes

Humans believe they know things that can't be known. When we act on those guesses about the future, we're often wrong/ Yet, we tend to focus on our successes and conveniently forget our errors. We also explain the "backdoor" Roth-IRA.

Then we hear from listeners:

• Don is reminded of his mistakes and yet is praised for his wealth-building advice.
• Can a defined benefit plan be changed?
• Is Revolution Partners a fiduciary firm?
• Should new money be used to rebalance portfolio?
• What do we this of this two-fund portfolio?
• Should an index ETF or tax-managed fund be used in a taxable account?