DiscoverBiggerPockets Money Podcast444: Financial Advisor Fees, LLCs, and Stock Investing 101 | Ask Mindy and Scott
444: Financial Advisor Fees, LLCs, and Stock Investing 101 | Ask Mindy and Scott

444: Financial Advisor Fees, LLCs, and Stock Investing 101 | Ask Mindy and Scott

Update: 2023-08-251
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Financial advisors are supposed to look after your money, but sometimes, their profits come first. We’ve had many questions about which type of financial advisors to use, which aren’t worth the fee, and whether you even need one in the first place. On this Finance Friday episode, Mindy and Scott are taking questions directly from listeners like you, and one of the top ones finally answers the question: what are these “fees” financial advisors are charging me!?

You’ve got money questions. Scott and Mindy have answers. In this episode, they’ll touch on topics like which type of financial advisor to hire, whether cashing out your 401(k) early is ever worth it, what to do when your bank messed up your interest rate, when (and when not) to use LLCs for real estate investing, and how to start investing in stocks when you’ve only got $1,000! 

Got a money question you want to ask Mindy and Scott? Head over to the BiggerPockets Money Facebook group, or click here to submit your question on our next Q&A episode!


In This Episode We Cover

How to start investing in the stock market with $1,000 (or less!)

Rental property LLCs and why you’re probably wrong about “tax write-offs”

Financial advisor fees and the ONLY type of financial advisor we’d recommend

Cashing out your 401(k) early when you need to pay off credit card debt

Return on equity explained and signs it’s time to sell/refinance a property

And So Much More!


Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE

Scott's Instagram

Mindy on BiggerPockets

Grab Scott’s Book, “Set for Life”

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Register for an Upcoming InvestHER Event

Money Moment

Hear Our Last Q&A Episode

The Simple Path to Wealth—Index Funds Explained with JL Collins

The Simple Path to Wealth (Book)

Work with a Fee-ONLY Financial Advisor


Click here to check the full show notes: https://www.biggerpockets.com/blog/money-444

 

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com

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444: Financial Advisor Fees, LLCs, and Stock Investing 101 | Ask Mindy and Scott

444: Financial Advisor Fees, LLCs, and Stock Investing 101 | Ask Mindy and Scott

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