Plenty

and that would be number 4. Congrats to my brother, my partner Kevin Durant 🥇

Free money. 💡 If I offered a loan with 0% interest... would you take it? What would you do with the money? Would you invest it? Would you invest more than if you had to pay interest for the loan? For those trying to understand why an increase in interest rates in Japan could lead to a global stock market sell off, follow the money. Japan has historically had near 0% interest rates. This created an opportunity to borrow from Japan at nearly no cost, then use the borrowed money somewhere else (and potentially even invest it). This is called a ‘carry trade’. For international companies or wealth managers, this was a 'low risk' way to make money. Unexpectedly, Japan increased their interest rates last week and triggered a nearly 18% drop of its index. Globally, this set off a chain reaction as portfolio managers began rebalancing since the 'risk' profile had changed. When this happens, what's the best thing to do? Follow along for tomorrow's tips. #Investing #Finance #Stocks #FinancialPlanning

🤯 -> 85% of today's couples have 1+ account they keep private. .... Even couples who view their money as "all ours". In this week's Love and other assets newsletter, I dive into the new norm for how couples are navigating togetherness + independence when it comes to money. When do private accounts create a sense of freedom? And when does it turn unhealthy? We built Plenty's "what's ours" and "what's mine" dashboard with the ability to make accounts shared or private, after hearing how important this was from hundreds of couples. But each time we chatted live, couples admitted it almost sheepishly... like they were worried this was 'wrong'. It's not wrong. It's normal and can be healthy for both you and your relationship. How have you and your partner talked about it? #Money #FinancialPlanning #Relationships

"You as a person deserve individual goals, and your couplehood deserves their own goals as one, you know? And then your family has goals, and so breaking them down as a short term, individual, couple, and family... that we as a team are accomplishing makes it a little bit easier." Megan McCoy, Ph.D., LMFT, AFC®, CFT-I™ Financial Therapy Association K-State Personal Financial Planning Program Better together - as individuals and partners - is a philosophy we built Plenty around. We couldn't agree more with what Megan shared in our podcast.

One of the first decisions Channing and I made when we started Plenty, was that it would not be “free”. We’d have a membership model: $200/year/couple + 0.20% investing fee. Our goal was to be transparent about when and how we made money. Like Costco, if Costco only sold Kirkland products: quality, cheaper products conveniently in 1 place. Fast forward, Intuit shuts down Mint after a $170M acquisition and 20M+ lifetime users. Many folks are asking why? To understand a company's success or failure, I've always believed in the importance of following the money. I pull out my old research on the business models behind referring credit card vs. loan products, what kind of $’s are up for grabs, the $ and cents behind account aggregation, and what the true price of free often is. Some of the key findings:  > Loan products like student loans / auto loans can generate 10-20x more revenue than a credit card referral > Credit Karma was a materially more profitable business for Intuit than Mint > “Seeing all your accounts in one place” for today’s couples can cost a platform as much as $69 per year You can keep reading on my blog post here: https://lnkd.in/g_ZGwVb5 If this resonated with you, I’d love to hear your thoughts.