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:

• South Carolina Economics
• 7 Ways to Invest to Support Racial Justice
• Coronavirus Resources
• The Ascent
• 5 Generations’ Financial Priorities During COVID-19

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 started interning at NGPF in 2014, and worked part-time through high school and college. With his knowledge growing alongside NGPF, he joined the team to work full-time after graduating from college in 2020. He is also the producer of the NGPF podcast. During his free time, he likes to try out coffees from different roasters across the world.