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 Jaffe03:05: How people interacted with the market in the 1980’s06:50: Dealer and liquidity risk when investing in the market09:23: 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 investor16:10: 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 plans29:00: The difference between financial education and financial literacy31:26: Chuck’s take on the 4% rule50:16: Portfolio and personal optimizationFor more information, visit the show notes at https://affordanything.com/episode393 Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.