53: Compound Interest with Paddy Hirsch

53: Compound Interest with Paddy Hirsch

Compound interest explained by financial journalist Paddy Hirsch.

Paddy Hirsch is a journalist, broadcaster, online host and novelist. He was schooled in Ireland and the UK, and spent ten years in the British Royal Marines before moving to Hong Kong to start a career in news. He has worked in every journalistic medium, and in a variety of countries in Asia, Europe and the Americas. He is a specialist in business, financial and economic news, and his work appears regularly on National Public Radio in the US and on the BBC World Service.

He attended Stanford University as a Knight Fellow in 2011 and has won several awards for his video work explaining financial terminology. In 2012, Harper Business published his book Man vs Markets, a tongue-in-cheek guide to the financial system. Most recently, he is the author of the Lawless New York series, featuring Marshal Justy Flanagan: The Devil’s Half Mile and Hudson’s Kill (Tor/Forge), both set in New York in the early 1800s.

Paddy's Website:

https://www.paddyhirsch.com/

Paddy's Financial Videos:

https://www.paddyhirsch.com/videos/

Use our Indiebound affiliate link to purchase Paddy's books:

https://www.indiebound.org/search/book?aff=artisticfinance&keys=

Man Vs Markets: Markets Explained (Plain and Simple)

The Devil's Half Mile

Hudson's Kill

NPR - The Indicator from Planet Money:

https://www.npr.org/podcasts/510325/the-indicator-from-planet-money

Scottland Forever! - Painting by Lady Butler of the Royal Scots Greys charging at the Battle of Waterloo in 1815:

https://en.wikipedia.org/wiki/Scotland_Forever!

George Washington Crossing The Delaware:

https://en.wikipedia.org/wiki/Washington_Crossing_the_Delaware_(1851_painting)

Rembrandt - Dutch Painter:

https://en.wikipedia.org/wiki/Rembrandt

NFT - Non-fungible Token - Digital Art on the blockchain:

https://en.wikipedia.org/wiki/Non-fungible_token

NPR - Marketplace:

https://www.npr.org/podcasts/381444600/marketplace

Compound Interest Definition:

https://www.investopedia.com/terms/c/compoundinterest.asp

Yield - Definition:

https://www.investopedia.com/terms/y/yield.asp#:~:text=Yield%20refers%20to%20the%20earnings,from%20holding%20a%20particular%20security.

APY - Definition:

https://www.investopedia.com/terms/a/apy.asp

Index Fund - Definition:

https://www.investopedia.com/terms/i/indexfund.asp

Tipping Point - Paddy and Ethan Ignore This:

https://humbledollar.com/2018/03/the-tipping-point/

Compound Interest Calculator:

https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator

QRP:

https://www.investopedia.com/terms/q/qrp.asp

eQRP is specific to Damion Lupo (guest on episode 50):

https://www.eqrp.co/

SPAC - Special Purpose Acquisition Company:

https://www.investopedia.com/terms/s/spac.asp

Blank Check Company (slightly different than a SPAC):

https://www.investopedia.com/terms/b/blankcheckcompany.asp

Links from the Patreon only episode:

Vinovest:

https://www.vinovest.co/

Bottled Up Podcast:

https://bottleduppodcast.wordpress.com/

Old World wine versus New World wine:

https://www.winespectator.com/articles/whats-the-difference-between-new-world-and-old-world-wines-5204#:~:text=The%20most%20basic%20difference%20between,World%22%20refers%20to%20everything%20else.&text=These%20wines%20are%20often%20made,extracted%20and%20oak%2Dinfluenced%20style.

Bottle Shock Movie:

https://en.wikipedia.org/wiki/Bottle_Shock

Coinbase - Cryptocurrency Exchange:

https://www.coinbase.com/join/steime_0

(This is my affiliate link.)

...

Interview by Ethan Steimel

Become a patron at:

www.patreon.com/artisticfinance www.artisticfinance.com

www.patreon.com/artisticfinance

instagram.com/artisticfinance

twitter.com/ethansteimel

facebook.com/artisticfinance

youtube.com/artisticfinance

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200: Freelancing in Portland and Ethics Make Us Human with Lighting Designer Carl Faber

Lighting designer Carl Faber returns to the show to discuss freelancing in the performing arts in Portland.   Topics: ⭐️ Zone defense ⭐️ Using local Credit Unions ⭐️ AI entering our workflow ⭐️ HELOC ...

8 Jun 1h 43min

199: Projection Design, On Broadway, In A Studio, As A Parent, and SEP IRAs with Wendall K Harrington

199: Projection Design, On Broadway, In A Studio, As A Parent, and SEP IRAs with Wendall K Harrington

An interview with projection designer Wendall K Harrington.   Topics: ⭐️ Building credit ⭐️ SEP IRAs for freelancers ⭐️ Asking producers to contribute to your SEP IRA ⭐️ Artistically building a 3rd sh...

3 Mar 1h 40min

198: The Business of Projection with Zak Borovay

198: The Business of Projection with Zak Borovay

A conversation about the business side of being a projection designer with Zak Borovay, who on Broadway has designed Elf, Xanadu, and Rock of Ages. He has also done work for Disney and Universal theme...

16 Feb 1h 30min

197: Never Doing Just One Thing with Choreographer Staś Kmieć

197: Never Doing Just One Thing with Choreographer Staś Kmieć

Choreographer Staś Kmieć explains how he’s handled the business side of his theatre and dance career.   Topics: ⭐️ Tax filing ⭐️ Healthcare ⭐️ Fiddler On The Roof ⭐️ Not spending money when on tour   ...

28 Jan 1h 29min

196: Financial Education as a Theatrical LX Programmer with Brad Gray

196: Financial Education as a Theatrical LX Programmer with Brad Gray

Broadway lighting programmer Brad Gray discusses financial literacy and the importance of making that choice to prioritize your finances so that you aren’t forced to hustle until your dying day.   Top...

22 Jan 1h 2min

195: Gross Income ≠ Take-Home Pay with Susan Lee

195: Gross Income ≠ Take-Home Pay with Susan Lee

Tax expert Susan Lee discusses tax implications and best practices for freelancers.   Topics: ⭐️  Cashflow ⭐️  Having a will ⭐️  Being your own bookkeeper ⭐️  A financial health checklist and a financ...

15 Jan 1h 4min

194: Pay Equity in Theatrical Design with Costume Designer Elsa Hiltner

194: Pay Equity in Theatrical Design with Costume Designer Elsa Hiltner

(Audio problems? I made a mistake uploading, so delete the episode and then try to play it again.) Costume designer Elsa Hiltner talks about the lack of pay equity in theatrical design and what she i...

5 Jan 1h 30min

193: America The Beautiful (Except The Financial Setup for Freelancers) with Jane Cox (Part 2 of 2)

193: America The Beautiful (Except The Financial Setup for Freelancers) with Jane Cox (Part 2 of 2)

Part two of the conversation with Broadway lighting designer Jane Cox.   Topics: ⭐️ Keeping overhead low ⭐️ Paying theatre designers hourly  ⭐️ Penny Remsen - Jane’s lighting mentor ⭐️ Paying for assi...

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