EP157 – Benefits of NOT using Robinhood to trade stocks; Invest in your 401K or properties; Are 2 year emergency funds excessive?

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We begin with a little financial talk on what the Island Boys should be doing with their new-found fame money before the flame runs out. We then get into your questions and comments!

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Please excuse my ignorance, I’m new to all this. My question is what is the advantage or benefit of a brokerage account for investing, over something like Robinhood?


Question for you smart people. So I am deciding whether or not to invest into my 401k or just save that money and put it toward a down payment on an investment property. Is there a way to take money out of my 401k before retirement and not get penalized for it and invest into other things or would a different retirement account be good for something like that possibly a Roth IRA??


I have been seeing in posts from several groups about having 2 years worth of expenses in cash. What are your thoughts on this?


Should be put a new roof on our house before we sell it?  It is 26+ years old, and definitely What platform do you guys use for purchasing index funds?

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