Guest: Terry Allen
Conventional wisdom extols the virtues of investing in mutual funds and maximizing 401(k) contributions. Based on the size of the industry that exists to guide these decisions, one would assume there is value in the myriad options given to workers for deferred compensation. But not all savings plans are created equal, says Terry Allen, the serial entrepreneur behind 20 business ventures and the author of Coffee Can Investing: A Better Idea than Mutual Funds in an IRA or 401(k). Terry will join Bob live this Sunday to talk about his provocatively titled new book. They also discuss how special interests on Wall Street have created an unlevel playing field in investing, and how new possibilities for entrepreneurship may represent a silver lining on some unsettling trends.