Financial Detox Talks
With the midterm elections, we’ve returned to a time of market volatility. That means that there’s even more toxic financial advice out there than usual, and a lot of smart individuals are making not-so-smart decisions.
Volatility and stress knock out your habits. Even if you’ve been disciplined and strategic for years, many people throw all of that out the window at the first sign of change. However, you can still invest extremely successfully and beat most investors while taking away your stress – and on today’s podcast, we’re going to show you how.
In today’s conversation, here’s what you’ll learn:
- Why elections make people (and markets) nervous – and how to position your portfolio in times of political change.
- The big reason our financial system is designed to sell products more than it is to benefit clients – and how this perpetuates financial toxicity.
- What Robert Schiller and Warren Buffett’s recent decisions mean for you.
- What a good 401(k) looks like – and how much you should be saving to achieve your lifelong goals.
- Why Target Date Funds are a great way to diversify your portfolio.
P.S.: On November 14th, we’ll be hosting an exclusive webinar to help you forge your path, shake volatility, achieve peace of mind, and some tax strategies to consider as 2018 comes to an end.
The content of this radio show is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Mr. Labrum and Labrum Wealth Management/Financial Detox are not responsible for the consequences of any decisions or actions taken as a result of information provided in this radio show and do not warrant or guarantee the accuracy or completeness of the information provided. The information discussed today reflects the views of Mr. Labrum and his guest(s) as of the date of this show and are subject to change without notice.Past performance is no guarantee of future results. Any forward looking statements or forecasts are based on assumptions and actual results may vary from any such statements or forecasts. No reliance should be placed on any statements or forecasts when making any investment decision. Accordingly, listeners should not rely solely on the information provided today in making any investment decision.There is a risk of loss from investing in securities, including the risk of loss of principal. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular investor's financial situation or risk tolerance. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses.