Today’s Hack
Today is part two on the things financial advisors wish investors knew. These are the things that can set you up for success in retirement but most people don’t have a great grasp on.
Join Phil as he shares insights on the emotional aspects of financial decisions. We’ll talk about the true definition of diversification, how having a financial advisor isn’t just for the uber-wealthy, and the value of having updates and reviews with your advisor. Finally, Phil touches on the importance of working with advisors who prioritize your best interests, whether or not they hold fiduciary status.
Here’s some of what we discuss in this episode:
0:00 – Intro
2:10 – Financial decisions are emotional
6:03 – The true significance of diversification
9:17 – Having an advisor is for everyone
13:48 – The importance of updates and reviews
16:53 – Work with the right person for the right time
If you have any questions about what we discussed in this episode, reach out and we’ll be happy to set up a time to talk.