NGPF Podcast: Matt Frankel of The Motley Fool on personal finance in age of pandemic

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Jun 20, 2020
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Podcasts, Personal Finance

Details:

  • 0:00~1:39 Introduction
  • 1:39~2:45 Origin story of Motley Fool
  • 2:45~3:43 Writing process
  • 3:43~5:15 Most popular articles
  • 5:15~9:31 Teaching background as a math teacher
  • 9:31~12:15 Incorporating personal finance lessons into math classes
  • 12:15~15:13 The stock market and the economy today
  • 15:13~17:26 The increase in investors during the pandemic
  • 17:26~22:26 Racially responsible investing
  • 22:26~22:50 A word from NGPF
  • 22:50~24:56 Types of socially responsible investing
  • 24:56~27:36 Impact of socially responsible investing
  • 27:36~29:30 What does the market say about colleges reopening?
  • 29:30~40:21 Lighting Round: COVID-19 and…
  • 29:30~31:00 Credit cards
  • 31:00~32:08 Credit scores
  • 32:08~33:19 Mortgages
  • 33:19~34:57 Savings rates
  • 34:57~36:51 Stimulus checks
  • 36:51~40:21 Investing
  • 40:21~41:29 Conclusion

Resources:

Quote:

“It’s really important to invest with the long term in mind and to think of businesses and not just stocks. Would you want to own a bankrupt car dealership? Probably not. But a stock that is jumping and doubling every day sounds fantastic. So it’s really important to think about it in terms of companies, like what businesses would you want to own in the long term, not just how I would make money in the stock market, because that’s just the wrong question to ask.”

About the Authors

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Ren Makino

Ren has been working part-time at NGPF since 2014, interning through high school and college. With his knowledge growing alongside NGPF, after graduating from college in 2020, he joined the team to work full time with a focus on teacher onboarding. He is also the editor of the NGPF podcast and makes sure it is accessible to teachers on iTunes, Stitcher, and Google Play Music. During his free time, he likes to try out coffees from different roasters across the world and try out new brewing methods, even though personal finance gurus tend to caution against buying a cup of joe.