On this episode of MM Wes discusses what Charlie Munger thinks about blue states pushing out “rich old people” and how doing so is a fight against economic prosperity. Also, 2019 has been a year of 180s for the three most critical market moving variables. Caller questions include, how to fund a National Geographic trip around the world on a private jet, along with how to invest money for your parents.
9:36 AM Mark asked about his pension versus lump sum
9:53 AM David asked about how he should invest for his parents who are in their 80s
10:10 AM Douglas from Pine log Georgia asked about cd rates
10:23 AM and 10:36 AM Nancy asked about the most tax efficient way to pay for a private jet trip around the world with National Geographic and an African safari