Leverage and Margin Explained: The Power and Peril of Borrowed Money
05/02/2026 | 11 mins.
In this episode of Money Lessons, Andy explores leverage and margin — what happens when investors borrow money to buy stocks. He traces the story from the unchecked margin trading of the 1920s that fueled the 1929 crash through the regulatory response that reshaped modern markets, including Regulation T and FINRA's maintenance margin requirements.
Andy walks through a margin call example to show how borrowed money amplifies both gains and losses, then closes with practical questions every investor should ask before borrowing to invest.
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Preferred Stock Explained: The Hybrid Equity Security
04/25/2026 | 11 mins.
In this episode of Money Lessons, Andy explores preferred stock — the hybrid security that sits between bonds and common stock in a company's capital structure. He traces its origins to the Railway Mania of 1840s Britain and the aftermath of the Panic of 1837 in America, where distressed railroads and canal companies invented a new class of shares to attract cautious investors.
Andy explains how preferred stock borrows features from both debt and equity, defines the critical distinction between cumulative and non-cumulative preferred shares, and shows where preferred shareholders stand in the priority hierarchy alongside bondholders and common shareholders.
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Measuring Equity Returns: The Five Metrics Every Investor Should Know
04/18/2026 | 12 mins.
In this episode of Money Lessons, Andy traces the historical shift from dividend-focused investing to earnings-based valuation, showing how mandatory financial disclosure in the 1930s transformed the way investors evaluate stocks.
He walks through five essential equity metrics—earnings per share (EPS), the price-to-earnings (P/E) ratio, the dividend payout ratio, the price-to-sales (P/S) ratio, and the price-to-book (P/B) ratio—explaining what each one measures and when to use it.
Andy connects these modern tools back to Benjamin Graham's pioneering work in value investing and shows how they build on dividend and buyback concepts covered in earlier episodes.
Dividends Explained: How Equity Income Works and Why It Matters
04/11/2026 | 11 mins.
In this episode of Money Lessons, Andy explores how dividends work and why they matter for investors building long-term wealth. He traces the history of dividends back to the Dutch East India Company's first payment in 1610—which was made in spices, not cash—and walks through the four key dates every dividend investor needs to understand.
Andy also explains dividend yield, why some companies pay dividends while others don't, and how dividend-paying stocks fit into a broader portfolio strategy based on individual risk tolerance.
AndrewTemte.com
Stock Splits and Share Buybacks: What Every Investor Should Know
04/04/2026 | 11 mins.
In this episode of Money Lessons, Andy breaks down the three most common ways companies change their share structure. He explains how stock splits work — including Apple's five splits and Warren Buffett's famous refusal to split Berkshire Hathaway—and why reverse stock splits often signal trouble.
He then explores share buybacks, how they boost earnings per share, and why investors need to look past the headline numbers to see whether real value is being created. The episode also covers dilution and why issuing new shares comes at a cost to existing shareholders.
Make Financial Literacy Accessible Through Compelling Storytelling
Join Dr. Andrew Temte every Saturday for Money Lessons—a weekly financial education podcast that transforms complex economic concepts into accessible, engaging stories. Each bite-sized 10-minute episode builds your financial knowledge through historical narratives and practical applications, making this the perfect podcast for anyone seeking to improve their money management skills and investment understanding.
What You'll Learn:
From the ancient origins of money and banking to modern stock markets and retirement planning, Money Lessons covers essential financial literacy topics including:
How insurance and risk management work
Stock market fundamentals and investment principles
Banking systems and monetary policy
Interest rates, inflation, and economic cycles
Credit, debt, and smart borrowing decisions
Foundational macro and microeconomic principles that directly apply to personal financial decision-making
Building wealth through informed financial decisions
Your Host:
Dr. Andrew Temte brings unparalleled expertise as a PhD in finance, CFA Charterholder, and former CEO of Kaplan Professional. With over 15 years of university teaching experience, Andy makes finance education approachable for everyone—from high school graduates to seasoned professionals seeking to sharpen their financial acumen.
Why Money Lessons:
Unlike traditional personal finance podcasts, Money Lessons uses historical storytelling to reveal how financial systems evolved and why they matter today. Whether you're learning about the Knights Templar inventing banking, the Dutch East India Company creating stock markets, or Benjamin Franklin's compound interest experiments, each episode connects past innovations to your present financial decisions.
Perfect for young professionals starting their investment journey, parents teaching financial responsibility, or anyone building a foundation for long-term wealth creation.
New episodes every Saturday. Subscribe today and start your journey of financial literacy.
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