Financial Mentor Podcast

De: Todd R. Tresidder
Escúchala gratis

  • Resumen

  • Todd Tresidder from the FinancialMentor.com blog reveals unconventional wealth building advice and advanced investment strategy tips. Discover the next step in retirement planning and personal finance from a former professional hedge fund manager turned financial educator. If you are tired of the same old “buy, hold, and pray” and worn out frugality tips then this show is for you. Each episode teaches financial freedom for smart people by revealing what works, what doesn’t, and why. Todd has walked the path to wealth himself and coached hundreds of clients just like you to prove out every principle taught – no ivory tower theories or worn out platitudes. He’s organized the entire wealth building process into a cohesive, step-by-step system complete with specific action steps so you can produce measurable results. This isn’t just another “get-rich-quick” or “get out of debt” show. This is about carefully engineering your finances to take charge of your life so you can live the adventure you always imagined life could be.
    Más Menos
Economía Finanzas Personales
Más Menos
Episodios
  • FM 026: Understanding What Todd Means By "Epochal Change"

    FM 026: Understanding What Todd Means By "Epochal Change"
    Nov 15 2022

    Two years ago, I announced to my Expectancy Wealth Planning course community that we were about to enter epochal change.

    Between the Fed's permissive monetary policy, near-zero interest rates, Covid stimulus, and supply-chain issues, it was clear the game had changed.

    And here we are now, with a 20% market decline, the highest inflation in 40 years, and a slowing economy. The bad news is there's still more to come.

    But more importantly, epochal change means the investment rules changed for the next 10-15 years. What worked for the last epoch (40+ years) cannot be relied upon for the next epoch.

    I've been writing about this very topic for two years in my private course community to prepare them, and I've published resources every month for more than a year in my public facing newsletter to prepare my free subscribers as well.

    My goal was to provide the knowledge required so that every person following my work could protect and prepare their portfolios in advance. Forewarned is forearmed.

    While my private course community responded to the education, protected themselves, and even prospered, I was surprised that only a small percentage of my public facing, free subscribers took action.

    Even though I was providing academic level, third-party research proving ever point made, people weren't responding. It was like they were asleep at the wheel, and didn't believe the regime was fundamental in nature and would persist..

    I decided to check in with my course community in our weekly office hours call.

    Our discussion was so valuable  that I wanted to share it publicly. Fortunately, my private community students agreed.

    This podcast episode is an almost unedited recording of one my weekly office hours support calls with my private Expectancy Wealth Planning community as we discuss epochal change.

    I hope this inside look helps you take appropriate action to secure your financial future.

    And if you got great value from this episode, make sure to check out my Expectancy Wealth Planning course here.

    In this episode you'll discover:
    • What is epochal change?
    • The signs I saw two years ago for epochal change
    • Why I've been talking to my Expectancy Wealth Planning course students about epochal change
    • How inflation was inevitable after the Fed's stimulus in the face of supply chain disruption
    • The important role the Fed has played in creating epochal change
    • What you can expect to see the markets do for the next 10-15 years
    • How investing in this epoch will be different from the last 40 years
    • How my course students were able to save their paper asset portfolios from the current bear market
    • The best tool to manage your paper assets during the next epoch and beyond
    • Why the investment strategy that worked reliably in the past won't work in the future
    • How to avoid the insidious trap of "buy the dip"
    • The signs for epochal change
    • The best way to guard against volatile markets
    • The dangers of recency bias
    • How Chris's plan reflects the "new retirement"
    • Why most people don't understand epochal change
    • How to apply risk management to investing through epochal change
    • Why epochal change isn't just in the markets
    • Why it's paramount to become your own financial expert
    • Other effects from epochal change
    • Why interest rates matter
    • The destructiveness of inflation
    • Watching for "dead bodies" to rise
    • What the next step in epochal change will be
    • The geometric growth of government debt
    • The final stage of epochal change and why most people won't be prepared
    • Why Chris doesn't feel like he really paid a price to become financially free
    • How to prepare your wealth plan for epochal change
    • and much more....

    Go to https://financialmentor.com/26 for the resources mentioned. 
    Más Menos
    1 h y 6 m
  • FM 025: FIRE Case Study with Chris Mamula

    FM 025: FIRE Case Study with Chris Mamula
    Jun 13 2018
    I love sharing FIRE case studies to inspire you. They prove the dream really is achievable for normal people with no extraordinary financial skills. They also unmask the dream to show how financial independence and early retirement reality differ from your idealized vision. The truth is everyone hits potholes, makes mistakes, and questions if it's worth all the hard work. Our guest, Chris Mamula, is no different. He candidly shares his FIRE story in this interview - warts, blemishes, and victories as well. Despite several costly errors he managed to achieve financial freedom in just 5 years. Chris paid excessive fees to a financial advisorHe bought a variable annuity within a 401(k)He felt "less than" when comparing himself to other FIRE success storiesBut he got several critical factors right like keeping expenses low and saving a high percentage of his income, and that proved to be good enough. Financial freedom isn't about luck, brains, or a single great investment. It's about having a valid plan based on proven principles and taking sufficient action with enough persistence to reach the goal (exactly as taught in my Expectancy Wealth Planning course here). Anyone can do it, and these case studies prove it. I hope you enjoy the example Chris has shared. And if you got great value from Chris's story then please check out the other FIRE success case studies on this podcast. In this episode you'll discover: What inspired Chris and his wife to become financially independentWhy Chris is so debt-adverse, and how it worked to his advantageHow Chris adopted the term "dirt bag millionaire"The important role values play for achieving financial independence (they matter way more than you think)Chris's personal definition of financial independenceHow the 25x Rule, Rule of 300 and 400, and 4% Rule can give you a rough benchmark of how much money to aim for in retirementThe mistake that occurs when you get overly focused on retiring earlyHow to balance spending now versus saving for the futureWhat Chris did once he realized how unhappy he had become on this journeyHow to avoid the insidious trap of "I'll be happy when I'm retired"The benefits of continued work after financial independenceHow to redefine what early retirement and financial independence mean, and why it mattersAbundance versus scarcity in early retirementHow Chris's plan reflects the "new retirement"The surprising reason why most people pursuing financial independence will continue to workRisk management for early retirementThe key to understanding mathematical expectancyWhy it's paramount to become your own financial expert, lest you get taken for a ride by your financial advisorThe danger of financial advisor fees. Chris was paying over around $8,000 every year!The tax consequences Chris and his wife faced for not doing their due diligence quickly enoughWhy it might make sense to select a fee-only financial advisor instead of one paid via commissionsHow the pursuit of financial independence changes your thinking at a fundamental levelWhy learning to be happy and present is key in the journey, and how to take responsibility for your happinessThe resources that were most helpful to Chris in jumping into investing without any prior knowledgeOther sources of income that Chris and his wife are looking intoWhy Chris doesn't feel like he really paid a price to become financially freeHow living in alignment with your values creates happinessand much more.... Go to https://financialmentor.com/25 for the resources mentioned. 
    Más Menos
    1 h y 1 m
  • FM 024: How To Pay For College When You Don't Qualify for Financial Aid, With Brad Baldridge & Jocelyn Paonita

    FM 024: How To Pay For College When You Don't Qualify for Financial Aid, With Brad Baldridge & Jocelyn Paonita
    Nov 28 2017

    Paying for your kids college is one of the biggest expenses you'll face. Many schools are so expensive that you could give your child a paid-off home and a secure retirement for what the education will cost. To make matters worse, the chances are good you won't qualify for need-based aid to help with the bill. So what are the strategies you can use to make college affordable? In this podcast interview, I provide proven strategies from two separate experts in back-to-back interviews providing a complete guide to making college affordable when you don't qualify for need-based financial aid...
    Más Menos
    1 h y 52 m
adbl_web_global_use_to_activate_webcro805_stickypopup

Lo que los oyentes dicen sobre Financial Mentor Podcast

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.

Reseñas de Audible.com

Opiniones de Amazon
No hay comentarios disponibles