PODCAST EPISODE 246: College Funding & a Swimming Pool Full of Spaghetti

ByPaul Adams
YouTube player

WHAT WAS COVERED

      • 00:00 – Episode begins Paul welcomes listeners.
      • 02:45 – Article Breakdown: Many Investors Are Fleeing the Stock Market, but Some Are Doubling Down: ‘If I Lose $15,000, I’m Not Going to Die’
      • 15:00 – Article Breakdown: “Dad Praised for Holding Son’s $400K College Fund ‘Hostage’ After Graduation”
      • 22:10 – Education funds and family dynamics.
      • 29:28 – Episode ends, thank you for listening.

[Tweet “If your putting $5k into the market while avoiding a repair that can cost up to $40k, in hopes of a return you can use for your expense, that’s just bad math. #YourBusinessYourWealth”]

[Tweet “You should be doing the same thing in the market when it was doing well while it is not so hot, Spending appropriately, taking the extra capital and putting it in the market. #YourBusinessYourWealth”]

[Tweet “Education planning is as much about getting your kid ready to use the money your saving then it is of just getting the money together for an education fund.  #YourBusinessYourWealth”]

LINKS

Article: Many Investors Are Fleeing the Stock Market, but Some Are Doubling Down: ‘If I Lose $15,000, I’m Not Going to Die’

Article: Dad Praised for Holding Son’s $400K College Fund ‘Hostage’ After Graduation

Curious what you can accomplish with our help? Schedule a free 15-minute meeting with us! sfgwa.com/scheduling

Sound Financial Group’s Website for a Financial Inquiry Call – [email protected] (Inquiry in the subject)

Your Business Your Wealth on Instagram

Your Business Your Wealth on Facebook

Sound Financial Group on LinkedIn

Paul Adams on LinkedIn

Cory Shepherd on LinkedIn

Cape Not Required (Cory’s Book)

Sound Financial Advice (Paul’s Book)

Clockwork: Design Your Business to Run Itself

Mike Michalowicz’s Book – Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Loserthink: How Untrained Brains Are Ruining America

SHARE THE SHOW

Did you enjoy the show? We would love it if you subscribed today and left us a 5-star review!

Click this link – Your Business Your Wealth

Click on the ‘Subscribe’ button below the artwork

Go to the ‘Ratings and Reviews’ section

Click on ‘Write a Review’

——————————————————————————————————————————-


This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation.

Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions.

This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

Each week, the Your Business Your Wealth podcast helps you Design and Build a Good Life™. No one has a Good Life by default, only by design. Visit us here for more details:

yourbusinessyourwealth.com

© 2020 Sound Financial Inc. yourbusinessyourwealth.com

PRODUCTION CREDITS

Podcast production and show notes by Greater North Productions LLC

Avatar photo
Paul Adams

Author

Paul Adams

CEO & Founder

As CEO and founder of Sound Financial Group Paul leads a team of financial professionals dedicated to helping clients define their financial goals then developing unique, tailored strategies to reach them. Paul tells his clients often that they should always make their financial decisions based upon indisputable math and independent scholarship, not based on media hype, hearsay, or trend.

Financial Advisor
Disclosure

Related Posts

  • PODCAST EPISODE 316 – White Coat Investor Disagrees with Ernst & Young (Part 2)

    In Episode 316 of More Than Commas, we continue our deep dive into White Coat Investor’s critique of the Ernst & Young Insurance Study. This time, we break down seven more questionable assumptions, from high advisory fees to mysterious “black box” insurance products. Are these valid criticisms, or is there more to the story? Tune in as we separate sound…

  • PODCAST EPISODE 285 – Does Your Bank Offer a Wealth Coordination Account?

    WHAT WAS COVERED 0:12 – The episode starts2:59 – The biggest quandary of the credit union.5:37 – Taking pictures of bank signs.8:08 – The problem with budgeting and saving.12:46 – The residue model vs. the catalytic model.14:25 – The importance of having a wealth coordination account.17:05 – Taking back the use of financial products.22:10 – What does it mean to…

  • PODCAST EPISODE 267 – Will AI Replace Your Financial Advisor?

    WHAT WAS COVERED [Tweet “Globally diversified academically allocated portfolios returns on average 8% a year. #YourBusinessYourWealth”] [Tweet “ChatGPT will likely never be able to give financial advise to the top 1% earners because it is only  scraping the internet and most everything on the internet is made to capture the most amount of people. #YourBusinessYourWealth”] [Tweet “ChatGPT does not cross evaluate your…

  • PODCAST EPISODE 240: The Best Tech Fund You Never Knew You Owned

    WHAT WAS COVERED [Tweet “1% of (the S&P 500) is responsible for 12.5% of the return over the last ten years. #YourBusinessYourWealth”] [Tweet “When you see people about ‘the market’ on tv, be centered on the fact that they’re showing a part of the market. #YourBusinessYourWealth”] [Tweet “Find an advisor who is going to act like a coach rather than a products sales person. #YourBusinessYourWealth”]…

  • Podcast Episode 85: Basics of Life Insurance Part 5 – Whole Life

    EPISODE SUMMARY In part 5 of this seven part series on the Basics of Life Insurance, Paul sits down with Cory Shepherd, President of Sound Financial Group and author of Cape Not Required, to discuss Whole Life Insurance, how it worked before 1982, and how legislation called TEFRA/TAMRA changed the rules around life insurance. WHAT WAS COVERED TWEETABLES “Most people…

  • Podcast Episode 62: Fame, Fortune, and Broke Part 2 with Marcus Bell of Bellringer Productions

    EPISODE SUMMARY Marcus “Bellringer” Bell is a veteran music business entrepreneur and music producer. He has marketed and promoted, produced and written for, mentored and artist developed, some of the world’s biggest superstars such as Usher, Britney Spears, and more. This episode is part two of a two-part interview with Marcus. Marcus continues his discussion on the highs and lows…