Earn Your Leisure

In this episode, Rashad Bilal, Troy Millings, and Ian Dunlap discuss the misconceptions and truths about 401K investments and homeownership. Rashad, drawing from his experience as a former financial advisor, sheds light on the importance of responsible conversations about 401Ks and breaks down the myths surrounding their returns. He emphasizes the need for diversification and responsible investing to secure a financial future.Rashad dismantles the idea that 401Ks are a scam, highlighting their potential for substantial gains and the benefits of lower tax liabilities. He explains the different investment options within 401Ks, debunking the notion that they provide only a meager 3% return. With insights into Roth 401Ks and the advantages of employer matches, he stresses the role of 401Ks as a valuable investment avenue.The trio also tackles the topic of homeownership, exploring the statistics that single women own more homes than single men across all ethnicities. While delving into the societal and economic fa