Paul begins the hour talking about “robo-portfolios.” Most of the hour is about how people make financial decisions and how money does not lead to happiness. Paul ends the hour by discussing a Wall Street Journal article about how GDP may be understated by excluding illegal activity. This is hour 1/3 recorded on December 7, 2019. For more, see www.paulwinkler.com.
Paul answers a listener who wants to know more about life insurance retirement plans (LIRPs) and if they should be used for