Blind Ranking the Internet’s WILDEST Investment Stories

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Smart Money Happy Hour with Rachel Cruze and George Kamel 42 min 2 speakers 6 chapters transcribed 1 month ago
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What is this episode about and how do hosts introduce the blind-ranking format?

George Kamel 0:05
When it comes to money, is boring always best? Today we're blind ranking the good, bad, and just plain dumb of investing. Now you couldn't have done it yourself.
Rachel Cruze 0:14
I could have learned. I know chemicals.
George Kamel 0:17
My life is flashing before my eyes.
Rachel Cruze 0:18
This is going to trigger Jonathan. It's about my pool. Hey guys, I'm Rachel Cruz.
George Kamel 0:28
I'm George Camel.
Rachel Cruze 0:30
And this is Smart Money Happy Hour. Cheers, George.
Cheers.
Rachel Cruze 0:39
Delightful. Well, this is the show where two friends who happen to be money experts talk about what you're talking about. So everything from pop culture, current events, and money.
George Kamel 0:47
And today, before we get to the content, let's talk about what we're sipping on. It's a French Blonde.
Rachel Cruze 0:52
Yeah, it's delicious, actually.
George Kamel 0:54
Didn't come up with the name. It's not a blonde drink by any stretch, but... Could be. It's tasty, refreshing, delicate, much like me. Stick around to the end. We'll give you our rating and reveal the cost per glass at the end of the episode. I like that we reveal it. Like it's something people are waiting with bated breath for. Reveal the cost per glass. Tell me, is it $3 or $4?
Unknown 1:15
I don't know.
George Kamel 1:15
Okay, so I know you're not on Reddit, Rachel. I know. I like to go on there. I find it to be the most honest, anonymous, worst people of the internet.
Rachel Cruze 1:24
My question is, I've been on it before.
George Kamel 1:25
Okay.
Rachel Cruze 1:26
And I got on it recently to look up something. I can't remember what it was. And I kept asking about the app. Do you have the Reddit app? Yeah. Oh, wow. Okay, so you are committed.
George Kamel 1:36
I'm committed. Okay, keep going. But here's what I like about it. It's people being brutally honest because they're anonymous.
Rachel Cruze 1:41
Yeah, but isn't it just kind of like I get to be mean to feel good about myself?
George Kamel 1:46
They're not always mean. I mean, there's subreddits of things people enjoy. So I'll go on there. I'll search a coffee maker followed by Reddit to see people's real thoughts about it.
Rachel Cruze 1:53
Okay, that's fair.
George Kamel 1:54
Because I can't trust Google and Amazon.
Rachel Cruze 1:56
Yeah, yeah, yeah. Okay, that's fair.
George Kamel 1:57
So there you go. But I once saw someone tell Reddit their investing strategy was based on the phases of the moon. Oh, gosh.
Rachel Cruze 2:04
Well.
George Kamel 2:04
It about sent me out of orbit on that one. That's not good. Yeah.
Rachel Cruze 2:06
Out of orbit, phases of the moon. I got you. Not into orbit. Not into orbit. Out of orbit.
George Kamel 2:11
Already in orbit.
Rachel Cruze 2:11
Out of orbit. That's how the earth works. Yeah. If your retirement investing is wrong because you're a Capricorn, probably not great. Isn't the horoscope where you're born, when you're born, but also like there's like deeper levels.
George Kamel 2:23
Like we're a tortoise, I think, based on our birthdays.
Rachel Cruze 2:25
Yeah, we are.

Why do Rachel and George debate Reddit, horoscopes, and strange investing strategies?

George Kamel 2:26
Okay. I don't know what that means. Because of like the way the moon... You're stubborn and handsome. I'm like, okay, sure. Whatever.
Unknown 2:33
Yeah, I don't know it well, but teach it some.
George Kamel 2:36
I just think anyone that says it's based on the phases of the moon, I just... You know, I got questions. I'm not making financial decisions based on a waning crescent.
Unknown 2:46
That's all I'm saying. I'm not either.
George Kamel 2:47
Don't you love a waning crescent? It's been a long time since I said that out loud.
Unknown 2:51
I'm more in the clouds these days. Cumulus, you know what I mean?
George Kamel 2:55
What about nimbo cumulus? Often forgotten.
Unknown 2:58
Oh.
George Kamel 2:59
Yeah.
Unknown 3:00
That's a, yeah, we're deep in it.
Rachel Cruze 3:02
Well done, George.
George Kamel 3:03
I once got a shout out by my local meteorologist.
Rachel Cruze 3:05
No, you didn't.
George Kamel 3:05
Kevin Lemanowitz, Fox 25 News, dead in Massachusetts.
Rachel Cruze 3:08
Because you wrote into him?
George Kamel 3:09
He said, like, send in your tweets. And I was like, I want to get on air. And I sent it in. I said, shout out to cumulus clouds. And he read it on air.
Unknown 3:17
Oh, my gosh.
George Kamel 3:20
It was one of the greatest days of my life.
Unknown 3:22
I love it.
George Kamel 3:23
That's the original influencers was local meteorologists.
Rachel Cruze 3:26
Okay, you know what's funny? We had a local meteorologist come to the kids' school before they like broke up for summer, right? So they were like still in school. And she taught the kindergarteners all about tornadoes. So my son now is educating me on like what EF3s are and all of this stuff. And he thinks that, yeah, he said, I don't want to live in Texas. There are too many tornadoes there. He's got a good point. Don't worry, Charles. We're not moving to Texas.

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