The value of a financial advisor (aka "Advisor's Alpha") and a discussion of target date funds with Don Bennyhoff from Vanguard, estate planning and the difference between a will and a trust, and Joe and Big Al answer emails on Roth conversions, taxation on day-trading stocks, tax write-offs on retirement contributions, and why some great companies have low stock prices. Plus, the fellas discuss a recent survey where millennials said they'd rather disclose a sexually transmitted disease to a potential partner than to reveal their debt. Original publish date February 11, 2017. Note that content may be outdated as rules and regulations have changed. 00:00 - Intro 01:00 - Young Americans Would Rather Disclose Their STDs Than Their Debt 12:11 - The Importance Of An Estate Plan: Estate Planners 11 Tips for the New Year 26:47 - Should I Convert to Roth as Quickly As Possible or Over Time? 32:41 - Interview with Vanguard Senior Investment Strategist Don Bennyhoff on Target Date Funds and Advisor's Alpha 48:00 - How will my profits and loss from day trading be taxed at the end of the year? 50:46 - Can I still deduct a maximum amount of taxes on a traditional IRA if I contribute to a 401(k) plan? 55:51 - What is the best way to leave retirement accounts to children and minimize our RMD tax implications? 1:00:43 - Why do some companies have a lower stock price than other, less profitable companies?