
Wall Street for Dummies
Claim This Podcastby george l. morgan
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Podcast Overview
<p>There are 90 million American workers who have collectively own $14 trillion in their 401k accounts. They face both challenges and opportunities. The largest opportunity is that their accounts are investment accounts, not savings accounts, and for the past three decades, many have grown their balances in the low double-digit range. </p><p><br></p><p>The main challenge 401k owners face is that there are required to make their investment decisions by choosing from a limited menu of mutual funds. </p><p><br></p><p>The 90 million 401k account owners can be divided into 3 categories. The first are those who could care less about their money and are willing to just take what they are given. The second group, <b>NEWBIES</b>, are inexperienced in the investment process, but are willing to become engaged in the management of their hard-earned dollars. The third group, <b>NERDS</b>, are those who have a modicum of investment expertise and are willing to devote the time and energy to expand their investments skills. </p><p><br></p><p>My mission is to motivate 401k participants to become engaged in their account and then train them how to optimize their results. </p><p><br></p><p>I have a 62-years of stock market experience. I have been a stockbroker, finance professor and individual investor. I have no investment products to sell. All I have to offer are the objective observations of one who has been there and done that. </p><p> </p><p><br><br></p><p> </p><p> </p><p> </p><p> </p><p> </p><p><b><br></b><br></p><p><b> </b></p><p> </p><p> </p><p><br><br></p><p> </p><p> </p><p><br><br></p><p> </p><p> </p>
Language
🇺🇲
Publishing Since
2/5/2025
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Recent Episodes

June 3, 2026
Season 2 Episode 10 Is Your 401k Up to Par, The First Tee
Send us Fan Mail I recently attended a charity fund raiser. After signing in, I took my assigned seat, and soon afterwards my table mate arrived. We exchanged the required pleasantries, and the conversation quickly turned to golf. She explained to me that she had taken dozens of expensive golf lessons with a local golf pro to improve her handicap but had not been able to get into the single didge range. Then a fellow golfer suggested a free online video and two months later her handicap plumm...

May 18, 2026
Season 2 Episode 9 A Crummy Gold Watch and An Itty-Bitty Pension Check
Send us Fan Mail To my parents' generation, financial security meant working for the same company your whole life. Then when you turned 65, they gave you a gold watch, and once a month you trundled out to the mailbox to get your lousy pension check. The size of the check never changed, and you hoped like hell that the company you devoted your life to didn't go broke. And if you were the breadwinner of the family and you died, good luck to your heirs. In 1978, all that began to change. T...

May 7, 2026
Season 2 Episode 8 A Billion Here, A Billion There
Send us Fan Mail During a 1963 debate on the federal budget, the Senior Senator from Illinois, Everett Dirksen proclaimed, “a billion here, a billion there, and pretty soon it starts to add up to real money.” Dirksen didn't use exact numbers, and that was not his intent. He used hyperbole to point out that the proposed level of federal spending would have significant impact on the lives of the American public. The same thing can be said about the current state of our nation’s 401k program: “I...
38 total episodes available
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- What is Wall Street for Dummies?
<p>There are 90 million American workers who have collectively own $14 trillion in their 401k accounts. They face both challenges and opportunities. The largest opportunity is that their accounts are investment accounts, not savings accounts, and for the past three decades, many have grown their balances in the low double-digit range. </p><p><br></p><p>The main challenge 401k owners face is that there are required to make their investment decisions by choosing from a limited menu of mutual funds. </p><p><br></p><p>The 90 million 401k account owners can be divided into 3 categories. The first are those who could care less about their money and are willing to just take what they are given. The second group, <b>NEWBIES</b>, are inexperienced in the investment process, but are willing to become engaged in the management of their hard-earned dollars. The third group, <b>NERDS</b>, are those who have a modicum of investment expertise and are willing to devote the time and energy to expand their investments skills. </p><p><br></p><p>My mission is to motivate 401k participants to become engaged in their account and then train them how to optimize their results. </p><p><br></p><p>I have a 62-years of stock market experience. I have been a stockbroker, finance professor and individual investor. I have no investment products to sell. All I have to offer are the objective observations of one who has been there and done that. </p><p> </p><p><br><br></p><p> </p><p> </p><p> </p><p> </p><p> </p><p><b><br></b><br></p><p><b> </b></p><p> </p><p> </p><p><br><br></p><p> </p><p> </p><p><br><br></p><p> </p><p> </p> - How often does this podcast release new episodes?
This podcast updates daily.
- Where can I listen to this podcast?
This podcast is available on 4 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
- Does this podcast accept guests?
Information about guest appearances is not available.
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