Money and Investing Have Changed, with Chuck Jaffee

#393: Chuck Jaffee is a forty year veteran financial journalist who regularly writes for the Wall Street Journal and is also a nationally syndicated financial columnist. He discusses how money and investors' attitude towards investing has changed over the last few decades.

00:44: Introducing Chuck Jaffe

03:05: How people interacted with the market in the 1980’s

06:50: Dealer and liquidity risk when investing in the market

09:23: How the environment 40 years ago impacted investor psychology 

12:53: Long term impact of Black Friday, the worst market crash experienced by any living investor

16:10: Discussion of fund options that are more illiquid and can sell at discounts 

18:04: The combined influence of access real time data and the ability act in real time 

28:31: Moving away from employee supported retirement plans

29:00: The difference between financial education and financial literacy

31:26: Chuck’s take on the 4% rule

50:16: Portfolio and personal optimization

For more information, visit the show notes at https://affordanything.com/episode393

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