This week Paul pulls a clip of an investment guru on a prominent financial TV show blatantly encouraging market timing and no one is calling her on it. The crux of her argument is that investors looking for security during this time should move out of cash and bonds to buy dividend-paying stocks. Paul discourages both and explains why stocks that pay dividends are not very reliable and by nature undiversified. Later in the episode, Ira shares about a couple who wins the Powerball lottery and how their situation turned into a nightmare because of the greed of a financial advisor.
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