Shannon Lee Simmons

speaker

1,028 appearances 1 recordings 1 series first heard Jun 2026 last heard 25 Jun

Shannon Lee Simmons’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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The Rational Reminder Podcast · Shannon Lee Simmons: How To Stop Feeling Broke | #415 · 25 Jun 2026 podcast

And I think that I always get curious about why that is.

It's often because there's been like some losses in there that they're a little embarrassed of.

And I think they don't want me to think that they're losing money for the family or anything like that.

We'll just have a conversation about it.

But I do find that's interesting and new.

Recently, the mag seven gains have been hard to contend with.

As in with me saying, you should probably diversify some of that.

People are like, no, I don't want to.

And I'm like, okay, for the record, here's what I said.

You do you.

Just like I, for the record, here's what, that's not my advice is not to stay where you're at.

I do think that people get emotionally attached to these gains.

And I think a lot of people are confusing luck with financial savvy and skill.

And that makes me nervous for some people for sure.

especially if it's heading into retirement in a DIY investment portfolio, that is worrisome.

So I think when we start to see big numbers in that and there's an emotional attachment to returns that have happened without proper diversification, that can be troublesome.

What we talked about, the dollar amount that they can spend if they make not a lot of money in the stock market and if they make a sort of more normalized amount in the stock market, knowing that bandwidth and how reliant they are on stock market returns and how much volatility they need to accept in their portfolio in order to get what they want.

And that piece is so calming, I think.

To know within today's after-tax dollars what your life will look like one day, I think it's so important.

And then I think the second piece is the to-do list.

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