We’re back for the real Season 2! When you get a hot tip about individual stocks, can’t you just buy a bunch and get really rich and then laugh at all the people that weren’t as clever? But, wait, you have to sell them in order to get all those riches… So, can someone please just tell me when they’re about to go down so I can sell them then? No? Wait, what?In this episode, we discuss how Sara’s stupid rational advice about buying Airbnb stocks prevented Caitlin from buying a Corvette, or losing a bunch of other people’s money, depending on how you look at it. Sara makes it clear what her professional opinion is about borrowing money to invest (a hard pass) and Caitlin makes it clear how it’s possible to get emotionally attached to a losing stock (it may suck, but it’s mine). Human psychology and an insanely unpredictable market seem to conspire against all of our fantasy get-rich-quick schemes when it comes to buying individual stocks.Also, we discuss this article that says that women retire with a quarter less wealth than men. WTF and how can we change this?Ask us your dumb investing and finance questions for Season 2 on the Ask Us page of our website! This episode was edited by our co-producer Kelly West. Music by Bad Bad Hats and Devmo.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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