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Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Keli Alo & Mark Robinson
26 episodes
2 months ago
What if everything you thought you knew about investment risk was wrong? That's the fascinating premise we explore in this eye-opening episode that challenges conventional wisdom about what makes investing "risky." Most people equate risk with volatility—those stomach-churning ups and downs in your 401(k) statement. But as we unpack through lively discussion and real-world examples, that volatility is only risky when mismatched with your time horizon. For long-term investors, those same mark...
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All content for Bullshit on Stilts: Tackling the bullshitology of financial decisions. is the property of Keli Alo & Mark Robinson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
What if everything you thought you knew about investment risk was wrong? That's the fascinating premise we explore in this eye-opening episode that challenges conventional wisdom about what makes investing "risky." Most people equate risk with volatility—those stomach-churning ups and downs in your 401(k) statement. But as we unpack through lively discussion and real-world examples, that volatility is only risky when mismatched with your time horizon. For long-term investors, those same mark...
Show more...
How To
Education
Episodes (20/26)
Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Chicken Little's Guide to Terrified Investing (and Why It Fails)
What if everything you thought you knew about investment risk was wrong? That's the fascinating premise we explore in this eye-opening episode that challenges conventional wisdom about what makes investing "risky." Most people equate risk with volatility—those stomach-churning ups and downs in your 401(k) statement. But as we unpack through lively discussion and real-world examples, that volatility is only risky when mismatched with your time horizon. For long-term investors, those same mark...
Show more...
6 months ago
1 hour 1 minute

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
The Final Annuity Chapter: Taxes and Tactics
Annuities often appear in retirement planning discussions surrounded by jargon and overpromises. But what happens when you look beyond the glossy brochure? This episode cuts through the sales tactics to reveal what you actually need to know about annuity taxation. We dive deep into the practical differences between qualified and non-qualified annuities, explaining how each is taxed and when penalties might apply. Did you know non-qualified annuities use a "last in, first out" approach to tax...
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7 months ago
53 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Annuity Riders: Customizing Your Retirement Safety Net
Ready to cut through the fog of annuity jargon? This comprehensive breakdown of annuity riders demystifies how these powerful contract features can transform your retirement strategy. Financial anxiety often centers on three major concerns: outliving your money, facing catastrophic healthcare costs, and losing purchasing power to inflation. The right annuity riders address each of these fears by transferring specific risks from your shoulders to the insurance company's balance sheet. But thi...
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7 months ago
26 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
The Price of Peace of Mind: Total Costs of Annuities
Are you considering an annuity for your retirement plan? Before diving in, it’s crucial to understand the hidden costs that might be lurking beneath the surface! In this enlightening episode, we unravel the complexities around annuity fees, providing you with a comprehensive understanding of what to look out for. We begin by demystifying annuities, dissecting their layered fee structures and emphasizing the importance of knowing what comprises each cost. From surrender charges that penalize ...
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8 months ago
18 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Unpacking Annuities: From Roman Soldiers to Modern Engines
What if the secret to a financially secure retirement is hiding in plain sight? Grab your favorite drink and join us for the season kickoff of Bullshit on Stilts, where we unravel the intriguing world of annuities. Our guest brings fresh insights into these often-misunderstood financial tools, tracing their roots back to Roman soldiers and dissecting modern types, from the steady fixed annuity to the adventurous variable and the futuristic indexed. We promise a light-hearted yet informative d...
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8 months ago
34 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Promo - Season 2 of Bullshit on Stilts
Ever felt like financial advice is written in a language more confusing than Egyptian hieroglyphs? Fear not, fellow Sniffers! Bullshit on Stilts is here to lead you through the tangled web of money matters with laughter as our companion. Join us as we embark on a candid, fun, and educational journey, arming you with the tools to ask the right questions and see through the murky world of cash flow, investments, and insurance. With our quirky blend of comedy and clarity, we're on a mission to m...
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9 months ago
1 minute

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Estate Plans: Debunking Myths & Unpacking the Crap Spackle
Think estate planning is just for the wealthy? Think again! We bust this and other common myths wide open in our latest episode, where we blend humor with insightful analysis to make estate planning a topic everyone can understand and appreciate. You’ll learn why estate planning isn’t just a financial tool for the elite but a vital step for anyone who wants to ensure their wishes are respected and their loved ones are cared for, regardless of the size of their estate. We even throw in a playf...
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10 months ago
26 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Financial Fairy Tales 3: 50% of Your 401(k) is the Government's
Ever seen those financial ads that scream, “Half your 401(k) belongs to the government!”? They’re designed to spark fear and uncertainty about retirement savings and taxes—but how accurate is this really? In this episode, we’re pulling back the curtain on these misleading claims to help you sharpen your bullshit detector and make smarter financial decisions. First, let’s tackle the scary tax myths. While it’s true that taxes can impact retirement savings, most Americans don’t face the a...
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11 months ago
15 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Financial Fairy Tales 2: Tax-Free Roth Conversions
Ever wondered if there's a magic trick to converting your tax-deferred retirement savings into tax-free wealth, completely sidestepping income taxes? Maybe you've seen social media ads promising the "secret" to turning your traditional IRA into a Roth IRA without paying taxes and thought, "Am I missing out on something amazing here?" Imagine growing your retirement savings tax-free and sailing into your golden years with financial freedom. Sounds too good to be true? Spoiler: it often is.&nbs...
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11 months ago
23 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Financial Fairy Tales 1: Tax-Free Retirement Account
Unlock the secrets of financial advertising as we uncover the truth behind those too-good-to-be-true offers in our latest series, "Bullshit on Stilts." Ever been lured by promises of "can't lose" investments or "tax-free retirement accounts"? Get ready to sharpen your "bullshit sniffer" and see through flashy social media claims designed to dazzle and deceive. We promise you'll leave this episode equipped with the tools to scrutinize the allure of terms like TFRA and other buzzwords popping u...
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1 year ago
31 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Killing Me Softly: My Health Care Costs
What if navigating healthcare costs didn't feel like decoding a secret language? This episode of Bullshit on Stilts takes you deep into the maze of healthcare expenses, likening them to an unavoidable cover charge that drains your finances, just like unexpected fees at a nightclub. We tackle the double-edged sword of healthcare and retirement savings, drawing intriguing parallels between the evolution of the financial services industry and the current state of health insurance, controlled by ...
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1 year ago
36 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Developing Your Financial Bullshit Sniffer: Highlights from Our First 14 Episodes
Ever wondered how to see through the fog of financial jargon and make informed decisions? Tune in as we revisit the highlights midway through our first season, where we empower you to sharpen your "bullshit sniffer." From dissecting health insurance complexities to debunking common myths about financial professionals, and arming you with the Fab Five questions for investments and life insurance, we've got it all covered. Through candid conversations, humor, and straightforward wisdom, we aim ...
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1 year ago
15 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Financial Advisors: Who's Who and What Do They Do
Ever wondered why your financial advisor recommends certain products? Join us on Bullshit on Stilts as we unravel the confusing world of financial advisors and insurance agents. We start with a deep dive into the various roles within the financial services and insurance industry, decoding titles like registered representatives, investment advisors, and wealth managers. We'll also shed light on insurance agents, contrasting the limited options of exclusive agents with the broader choices offer...
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1 year ago
32 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Decoding Costs of Investing. What are Your Total Costs?
Are hidden fees draining your investment returns without you even realizing it? We promise, by the end of this episode, you’ll be armed with the knowledge to uncover and tackle these sneaky costs. Join us, your trusty knuckleheads, as we navigate the labyrinth of investment fees with a mix of serious analysis and our signature humor. From the transparency of buying fast food to the murky depths of 401k charges, we’ll highlight how understanding the total cost of investing can significantly im...
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1 year ago
27 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Are Your Investments on Track? Comparing Performance to Benchmarks
Ever wondered how to tell if your investment advice is leading you down a garden path? This episode of Bullshit on Stilts has you covered, as we spotlight the essential practice of assessing your investment performance against independent benchmarks. Learn how 401k accounts display performance metrics and why comparing your returns with indexes like the S&P 500 or the Russell 1000 is critical. We dive into the challenges of active management versus passive investment and highlight the imp...
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1 year ago
23 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Evaluating Your Investment Performance: How yah doing?
Curious if your investment manager is actually adding value to your portfolio, or just riding the market's coattails? Get ready to navigate the murky waters of investment performance with a mix of humor and hard-hitting analysis on Bullshit on Stilts! We start by unpacking the often confusing concept of "alpha." Using a relatable shed remodeling analogy, we'll show you how to determine if your portfolio is truly beating the market or just keeping pace. Learn how to compare your investments to...
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1 year ago
25 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Why Do You Own What You Own? Unraveling Your Investment Portfolio Choices
Ever wondered why you own the investments you do? On this episode of "Bullshit on Stilts," we unravel the mystery behind your portfolio choices, helping you maintain control and avoid decision regret. We'll discuss the importance of aligning your investments with your time horizon and objectives, ensuring your portfolio reflects your financial goals and risk appetite. By understanding the ‘why’ behind your investments, you can create a robust strategy that stands the test of time. Is a US Tr...
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1 year ago
32 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
What's in Your Investment Portfolio? Knowing What You Own?
Are you truly aware of what you own in your investment and retirement accounts? Prepare to unlock the mysteries of investment funds and portfolio allocation on this episode of "Bullshit on Stilts." We promise you'll come away with a solid grasp of different investment products, such as individual stocks, mutual funds, index funds, and ETFs. Discover how these financial instruments work, their unique advantages, and the significance of diversification. We also dive deep into the concept of Net...
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1 year ago
19 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Is Your Life Insurance Policy Good, Bad, or Ugly? The Fab Five Questions on Life Insurance.
Can understanding life insurance be as simple as building a house? Tune in to Bullshit on Stilts as we promise to demystify the often confusing world of life insurance. This episode is packed with crucial insights starting with our Fab Five questions designed to empower you. We'll help you identify the different types of life insurance—term, whole, universal, indexed universal, and variable—and why knowing which one you own matters. We'll break down the essentials, from understanding why you ...
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1 year ago
35 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
Spotting Sloppy Investment Advice: The Fab Five Questions on Investments.
Want to sharpen your financial acumen and spot the pitfalls of bad investment advice? On this episode of Bullshit on Stilts, we promise to equip you with the essential tools to develop your "bullshit sniffer" for investments. We'll introduce you to the "Fab Five" critical questions that put you in the driver's seat of your financial journey: what you own, why you own it, how you're performing, compared to what, and how much you're paying. This episode will help you manage your investments wit...
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1 year ago
30 minutes

Bullshit on Stilts: Tackling the bullshitology of financial decisions.
What if everything you thought you knew about investment risk was wrong? That's the fascinating premise we explore in this eye-opening episode that challenges conventional wisdom about what makes investing "risky." Most people equate risk with volatility—those stomach-churning ups and downs in your 401(k) statement. But as we unpack through lively discussion and real-world examples, that volatility is only risky when mismatched with your time horizon. For long-term investors, those same mark...