MMM-030: The Enlightening Round

or, if you just can’t possibly deal with that then
Play show 30, right now

The Enlightening Round

Proudly sponsored by Index Funds Advisors. Take the Risk Capacity Survey and also Benchmark your portfolio.

Did you watch the fireworks? For me it is all about EGRESS!

I noticed iTunes no longer has a listing for the top podcasts in different categories.
Also, they censored show #27: STOX SUX. So I changed the name to STOX STINX

The first FUNNY MONEY segment is introduced. Call me at 206-734-4736 with your earliest money memory and tell me a story about one of the first things you remember about money. You can plug your podcast if you want!

Our Guru this time sat at the library studying leading investment guides and wondered why none of them considered risk as well as return.

Books I’m reading:
Index Funds: The 12-Step Program for Active Investors by Mark T. Hebner
John Bogle on Investing
Peter Bernstein: The Remarkable Story of Risk and also his Capidal Ideas
Freakonomics by Steven D. Levitt and Stephen J. Dubner
Where Are The Customers’ Yachts? by Fred Schwed
and Winning the Loser’s Game by Charles Ellis

I’ve got way too much stuff!
Do you have too many stocks and/or mutual funds?

A thought experiment.

Our Tool in the Crib lets you create your own market.

I’ve watched more soccer in the past 3 weeks than in the past sum total of my life. But, why don’t they make the goal 2 feet wider and 2 feet taller?

Mad Money Review: Jim Cramer said to get out of the speculative stocks. That was quick! And by the way, what beach was it anyway?

The Speculation Blues

BOOK GIVEAWAY! I’m giving away yet another copy of Index Funds: The 12-Step Program for Active Investors. Make sure you are registered then add a comment to this show notes that includes the keyword given in the show.

A favor: Please nominate the Mad Money Machine for business podcast at PodcastAwards.com.
* You can nominate / submit Podcasts once every 24 hours.
* You can nominate a show for Podcast of the Year or Best Produced, and also submit it to an individual category
* You should not submit the same show in multiple categories with the exception of above.
* Duplicate nominations withing a 24 hour period by the same nominator will result in nominations being thrown out!

Visit our sponsor: Index Funds Advisors

Download the show directly MMM-030.mp3

Music from music.podshow.com:
When Bullets Fly – The Michael E. Thomas Band
Too Much Stuff, Too Little House – Shelly Niebuhr
Ruby in the Dust – The Michael E. Thomas Band
The Speculation Blues – lyrics by Mark T. Hebner

Thu, July 6 2006 » Podcasts

27 Responses

Viking133 July 6 2006 @ 7:51 pm
Paul,

Wanted to thank you for all of the great podcasts that you have made. I look forward to it everyweek. Good luck on getting the Best Business Podcast prize. I will continue to vote until the 15th!
olivr2 July 6 2006 @ 11:04 pm
prize
cybersupernova July 7 2006 @ 1:35 am
Paul,

I’m beginning to think that I’m never going to win this prize.
doug_ashley July 7 2006 @ 5:03 am
He who refuses to embrace a unique opportunity loses the PRIZE as surely as if he had failed.
– William James
sebu_susi July 7 2006 @ 6:11 am
Hello,

From finland. Send the prize to here, it would be priceless.
evan July 7 2006 @ 9:02 am
Love the show… well all the previous ones. This one I am downloading at the moment. Soon I’ll be listening to it and get the prize of your humor, music, and knowledge. Thanks for an entertaining Mad Money Machine. I look forward to Fridays to listen to the show.
gruff July 7 2006 @ 9:50 am
Just started listening to the podcast and it is HILARIOUS!!!
chriskan July 7 2006 @ 12:28 pm
Really enjoy listening to your podcasts. Downloading your podcasts are a nice prize for myself every week.
jbrewer July 7 2006 @ 12:39 pm
You have the lighting round down! Sounds just like it. prize.
AIMster July 7 2006 @ 12:45 pm
Hi, Paul,

I’ve got my eye on the PRIZE

Nominated your show on podcast awards too!

Best.
fu_fish July 7 2006 @ 1:54 pm
Hi Paul. Whether or not I win the PRIZE, I enjoyed the show. Keep up the good work.
dylster13 July 7 2006 @ 2:30 pm
Did you say PRIZE? That mock lightning round was hilarious especially the caller at the end! Great job!
mallen99 July 7 2006 @ 3:33 pm
congrats dsfunk on winning last week’s prize.
engriam July 7 2006 @ 9:40 pm
I laughed all the way to work. I loved the Cramer show imitation. What a prize!
bubbaman July 8 2006 @ 6:06 am
I’m one of the percentage of listeners that never call or write the show but listen faithfully. The % of the %. Oh now I can never say that again. That was a great stuttering Boo-yah! Paul.
The prize goes to……
deml247 July 8 2006 @ 3:12 pm
I got into index funds many years ago when they first came out, but lost interest in them since back then there were not many different indexes to follow other than the total market, russell 2000, etc. Thanks for elightening me to the new products that are out there.

PRIZE
jdogg13 July 8 2006 @ 9:29 pm
PRIZE
CramerNOT July 8 2006 @ 11:52 pm
I need to win the PRIZE so I can be one of dem dere wealthy ones. I took the risk capacity survey at ifa.com and was mashed up with the 90 portfolio. I am going to find mutual funds and ETFs that most closely approximates this portfolio in the recommended percentages so that I do not have to pay DFA the 1% commission they charge to allow me to buy their index funds. I would say that this is analogous to Paul making his famous Lipton Tea by the gallon on the cheap. Of course, I expect DFA, if not Paul, who is benefitting from DFA to say that it would be worth it to pay DFA the 1%, and yes, I have the minimum $100,000 to be a customer of DFAs.

I really really like the IFA website and have already printed out the PRIZE BOOK chapter by chapter at the website. I must say, I agree with just about everything IFA has documented and am looking forward to getting my portfolio set up soon. Then I can go body surfing and catch up on my reading as I am VERY tired of doing all of this homework involved with buing stocks over these past several years.

Here’s to the BEST Business Podcast in the WORLD….!

CramerNOT
gingi July 10 2006 @ 3:20 pm
Nominated this site in podcastawards.com, hope it wins a prize!
dsa July 10 2006 @ 11:35 pm
Paul- The Enlightening Round parody was brilliant. You deserve a prize for that one!
Pug July 11 2006 @ 9:35 am
Prize.

The lightening round spoof on playing roulette was outstanding. Your podcast should be required listening for all individual investors.

Thanks for providing this Mad Money Machine Goodness. I’ll nominate this podcast every day that I can !
mojojojo103 July 11 2006 @ 12:28 pm
I think the number of people posting comments is increasing because there is a prize.

Those comments you talked about from the guy who ran a radio show must be true–it’s working.

I liked the books you mentioned on the latest podcast–I think I have read about half of them. Good picks.

I have a book to recommend I read last year–The Lazy Person’s Guide to Investing; by Paul B. Farrell. Good book on index investing. If you don’t have much time to do your homework and pick stocks then this book has some good ideas on ways to set it and forget it.

Keep up the good work.
jsmith July 11 2006 @ 2:22 pm
Paul, please keep up the great work. I really look forward to your podcast each week.

And please send the prize to me!!
Dannychico July 12 2006 @ 2:15 pm
Great show! Thanks for helping us keep our eyes on the prize.
Chimney1 July 12 2006 @ 9:10 pm
Finding your show in a sea of useless podcast has been a real prize. Best of luck in your award pursuits.
heidi59 July 12 2006 @ 9:13 pm
Hi Paul,
I hope I win your Prize of the IFA book, and I voted for your podcast as the best one, because it is fantastic! I look forward to hearing it every Saturday as I walk to work with my iPod, it gives the start of my workweek a boost! Keep up the interesting gurus and tools of the crib.

Heidi
phish43 July 12 2006 @ 10:40 pm
More folks searching for the prize this week.

Mad Money Machine