• Wall Street is in the business of generating fees for Wall Street. Period. It’s not in the business of getting good investment results. You have to be separate from Wall Street to do that.

    Michael F. Price

Subscribe to our updates

The Iron Capital Podcast

Welcome to The Iron Capital Podcast, where hosts Chuck Osborne and Michael Smith break down investment stuff through stories and anecdotes that hopefully make it easier to understand. Each episode explores a new topic anchored in current events that demystifies money management and investing for retirement.


  • Iron Capital Podcast
  • June 19, 2024
  • Iron Capital Advisors

Episode 12 – DIY Investing: Savings

Step #2 in getting started in investing is saving. Chuck and Michael discuss the importance of an emergency fund…because stuff happens. Fifty-six percent of American’s can’t handle a $1,000 emergency without debt. Let’s explore.


  • Iron Capital Podcast
  • May 31, 2024
  • Iron Capital Advisors

Episode 11 – DIY Investing: Budgeting

Welcome to our new series on DIY Investing. How do you get started with investing? First: Do you know where your money is going? Step one is living within your means so you actually have money to invest, and that means budgeting, which is easier said than done. Let’s explore.


  • Iron Capital Podcast
  • March 26, 2024
  • Iron Capital Advisors

Episode 10: Indexing Is (Still) Evil

What are the downsides to indexing? Why is indexing not actually passive? Inspired by recently published articles on the topic, Chuck and Michael revisit a discussion of indexing, covered in our Q4 2010 Quarterly Report newsletter. Let’s explore.


  • Iron Capital Podcast
  • February 27, 2024
  • Iron Capital Advisors

Episode 9: The 4% Rule – Gospel or Garbage?

How much money can you really withdraw in retirement? Let’s explore.


  • Iron Capital Podcast
  • January 22, 2024
  • Iron Capital Advisors

Episode 8: ETFs vs. Mutual Funds

Are ETFs better for the investor, or for Wall Street?

“Wall Street is in the business of generating fees for Wall Street. Period. It’s not in the business of getting good investment results. You have to be separate from Wall Street to do that.” ~ Michael F. Price