Mitch Tuchman

,

#263 Robo Advisors are Cheaper and Maybe Better than Humans!

,
JSminibrand1.png

ReBalance-IRA.com CEO Mitch Tuchman, who pioneered America’s first online investment advisory service, joins the show to discuss how the advent of robo advisors is helping to force down fees in the financial services industry and why an algorithm may be a better investment option than a conflicted salesperson. Mitch conceived of and built a service for do-it-yourself investors to manage their own retirement portfolios with MarketRiders and then enhanced the service for those who wanted a human touch with ReBalance-IRA. Robo advisors are poised to be the beneficiaries of the Department of Labor's soon-to-be-released rule on fiduciary, which Mitch believes will be a turning point for the industry.

  • Download the podcast on iTunes
  • Download the podcast on feedburner
  • Download this week's show (MP3)

Thanks to everyone who participated this week, especially Mark, the Best Producer in the World and the worst LinkedIn User. Here's how to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE 
,

#205 Do You Need a Financial Advisor?

,
JSminibrand1.png

Not everyone needs to pay top-dollar for financial advice. Some may be better off paying for a plan, which they execute themselves. Others may want to use services like those offered by our guest Mitch Tuchman (ENCORE BROADCAST!), founder of MarketRiders.com and ReBalance-IRA.com.

  • Download the podcast on iTunes
  • Download the podcast on feedburner
  • Download this week's show (MP3)

Ross is nearing retirement and thinks that he may need some help managing his $1.5 million nest egg. After interviewing a number of fiduciary advisors (these are the professionals who must put your interests first), he is having a hard time determining which one is best for him. The answer may surprise you.

Bryce and his wife are weighing different options for an upcoming renovation; Marty has an extra $10K (or so he thinks!) to invest; and Judy is wondering how to boost the income on her CD.

If you think that your personal data may have been accessed in the Anthem Health data breach, check out this post: Anthem Data Breach: How to Guard Against Identity Theft.

Thanks to everyone who participated and to Mark, the BEST producer in the world. Check out Mark's first-producing credit for this CBS Evening News segment that aired recently. If you have a financial question, there are lots of ways to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE 
,

#189 Democratizing Investing with Mitch Tuchman

,
JSminibrand1.png

After a volatile period in the markets, it's time to focus on things you CAN control, like the expenses you pay for investment management. MarketRiders.com and ReBalance-IRA.com founder Mitch Tuchman joins us to explain why now is a great time to seek affordable investment advice.

  • Download the podcast on iTunes
  • Download the podcast on feedburner
  • Download this week's show (MP3)

Mitch says that fees are eating away at your bottom line, which is why he launched MarketRiders.com for do it yourselfers and Rebalance-IRA.com for those who want to outsource their management. And here's a stunning a fact: a recent ReBalance-IRA study found that half of the people surveyed think that they are paying ZERO in fees. If you are seeking investment advice, here are 10 Questions to Ask Before Hiring an Advisor.

Marcia from Maryland asked about collecting Social Security benefits from an ex-spouse, David from Texas wants to know whether he should he use extra cash flow to fund a Roth and separately, what's the best college funding vehicle? Jo from Louisville wants to know whether investment advisory fees are worth it and Sharon wrote in about my recent segment on CBS This Morning about “Women and Money”.

Thanks to everyone who participated and to Mark, the BEST producer in the world. Check out Mark's first-producing credit for this CBS Evening News segment that aired recently. If you have a financial question, there are lots of ways to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE 
,

#175 The World Cup of Financial Shows

,
JSminibrand1.png

Regardless of whether you are rooting for Germany or Argentina, we have a world class show this weekend, featuring special guest Mitch Tuchman, founder of MarketRiders.com and Rebalance-IRA.com. Mitch foundedthese companies to help retail investors gain access to the same tools and philosophies that sophisticated investors have been using for decades

  • Download the podcast on iTunes
  • Download the podcast on feedburner
  • Download this week's show (MP3)

As Mitch likes to say about financial services, "There's probably not an industry that is so overpaid for providing so little!" To learn more about creative companies like those Mitch has created, check out my article "Advice for Small Investors".

Lenny has rotten investment options inside of his 403 (b) Suzy wrote in about whether or not to rollover her old retirement account. (For more on whether or not to rollover old retirement plans, see "Rock and Rollover".)

Mark wanted to make sure that his intermediate financial goals seemed appropriate;  Steve is wondering whether he and his wife have accumulated enough money to fund retirement; LeRoy wants to invest a $1 million inheritance to minimize risk and maximize return; and Jack asked, "Why would anyone buy bonds?" What followed was a quick "Bonds 101".

Thanks to everyone who participated and to Mark, the BEST producer in the world. Check out Mark's first-producing credit for this CBS Evening News segment that aired recently. If you have a financial question, there are lots of ways to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE