The BIGGEST Tax Optimization Mistake You're Making with Ankur Nagpal

This week, Sim shares the 9 income streams she’s built by 28 with real numbers and honest ratings, from affiliate marketing that made her $8 last year ($13 this year) to YouTube ads bringing in $100 to $400 a month. She walks through rentals grossing $4,680 monthly, consulting and board work, her Friends That Invest salary journey, paid speaking at $4,000 to $10,000 per gig, and ongoing book royalties after selling 100,000+ copies. Finally, Sim explains how dividends and a simple drawdown strategy can replace a paycheck for true financial independence, proving sustainable wealth beats any get rich quick promise.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim dives into the surprising science of money and happiness, breaking down why earning more doesn’t always mean feeling more fulfilled. She unpacks common myths, from the salary “sweet spot” to why comparing ourselves to others keeps us stuck in financial anxiety. With research-backed insights and real talk, this episode will change how you think about wealth, wellbeing, and what it really takes to feel content. Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim chats with Jasleen about her journey from corporate life at Deloitte and Goldman Sachs to choosing the stay-at-home wife path and building her own platform on TikTok. They dive into money anxiety, navigating financial conversations in marriage, and why creating purpose outside of a 9–5 matters. With candid insights on feminism, career breaks, and financial independence, this episode is a refreshing look at redefining success on your own terms .Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim chats with Ankur Nagpal, the founder of Teachable and Carry, about his journey from building a $250M edtech company to helping people grow wealth through smart tax strategies. They dive into the biggest money mistakes high earners make, why tax optimization matters, and how everyday employees and business owners can keep more of what they earn. Packed with practical finance tips and entrepreneurial lessons, this episode will change the way you think about money, taxes, and building long-term wealth.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim sits down with Lindsey, the creator of the cult-favorite Money Diaries, to uncover the fascinating truths behind how women really spend and talk about money. They explore why financial transparency is still taboo, how values shape spending, and what it takes to confidently navigate career breaks without sacrificing long-term financial goals. Packed with real-world money insights and career wisdom, this episode is a must-listen for women ready to take control of their finances and rewrite their money story.For more Lindsey... check out thepurse.substack.com Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim dives into how more women are retiring in their 40s and how the FIRE movement is making it possible. She breaks down the strategies these women use, from high savings rates and investing in index funds to multiple income streams and geo-arbitrage. You’ll learn the different types of FIRE, the trade-offs involved, and how to decide if early retirement fits your life and values.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim breaks down the drama around the US dollar and whether it's really heading for a so-called 'dollar apocalypse.' From inflation and debt to global shifts in currency power, she unpacks what de-dollarization means in plain English and what it could mean for your money. You'll learn how to protect your finances with smart diversification strategies in an increasingly unpredictable economy.All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.*Rate as of 6/24/25. APY is variable and subject to change. **Terms and Conditions apply.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim breaks down everything you need to know about Bitcoin in under 15 minutes – no tech degree required. You’ll learn why some investors treat Bitcoin like digital gold, how it compares to the share market, and the risks that come with crypto’s lack of regulation. Whether you're crypto-curious or deciding how much belongs in your portfolio, this episode helps you understand if Bitcoin fits your investing style. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.*Rate as of 6/24/25. APY is variable and subject to change. **Terms and Conditions apply.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim sits down with therapist, author, and Brown Girl Therapy founder Sahaj Kohli to unpack the psychology behind how we self-sabotage our financial success. From inherited money beliefs to feeling undeserving of wealth, Sahaj breaks down why emotional regulation and self-compassion are the keys to financial empowerment. If you’ve ever struggled with guilt, fear, or avoidance around money, this conversation will change how you see your inner child and your bank account.🎧Listen to "The Rundown" podcast hereWatch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.

This week, Sim sits down with Ramit Sethi- best-selling author and star of the Netflix show “How to Get Rich”- to unpack what it really means to live a Rich Life. From navigating money in relationships to unapologetically spending on what you love, Ramit breaks down how couples can build wealth without shame or guilt. Whether you're single, married, or somewhere in between, this episode is packed with no-fluff advice on spending, saving, and setting your financial values. This is an episode you don't want to miss!!!🎧 Check out The Rundown Podcast here Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team!  Hosted on Acast. See acast.com/privacy for more information.