436: Navigating Fairways and Markets: Mastering Risk on the Golf Course and in Your Investment Portfolio
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 3 May 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
Are you a risk seeker or a risk mitigator? Although both can find success, it's important to understand your style.
In this episode, we discuss:
- The correlation between golf tactics and investment strategies by adopting either a risk-taking or risk-averse stance
- Why it's dangerous to emotionally swap back and forth between risk styles based on market conditions
Today's article comes from CollabFund.com titled, Risk Seeking vs. Mitigating. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation.
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Show Notes: Howardbailey.com/436
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ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process
Transcript
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| 0:00.0 | With the stock market at all-time highs, valuations through the roof, are you right now in a risk-seeking mode or risk-mitigating mode, and which one is best for you right now? |
| 0:19.0 | Hey, this is Casey Weed, and it is my mission to deliver clarity and purpose and elevate meaning in your life. |
| 0:25.5 | And if you're new to the show, I want you to know what to expect and how we do this. |
| 0:28.8 | We do this both through financial conversations and non-financial conversations with world-class experts. |
| 0:35.3 | And every single Friday, we like to get together with you and talk |
| 0:38.7 | about something that might be a bit more of a trending topic that can impact your bottom line. |
| 0:44.4 | And all of this content we're going to be sharing with you today that we're taking a deeper |
| 0:47.6 | dive into. |
| 0:48.5 | We put in your inbox every single Friday. |
| 0:51.3 | So if you're a weekend reading subscriber, you're getting an email from us |
| 0:54.5 | every single Friday that is curated. Our team, we're going out, we're doing the work, we're sifting |
| 0:59.1 | through the internet to find four articles on trending topics that we want to put in front of |
| 1:04.3 | you every single Friday. And then we're offering you some summaries, some takeaways from these |
| 1:09.8 | articles. And then we like to take a deeper dive into those here on the show. |
| 1:14.4 | And as a weekend reading subscriber, you get so many opportunities to not just get this great information. |
| 1:20.7 | We'll send you out free webinar invitations. |
| 1:23.2 | We have free assessments and book giveaways we do from time to time. |
| 1:26.8 | It keeps you up to date on |
| 1:28.2 | all the things you need to be up to date on. So you have to get this resource. And if you've never |
| 1:32.2 | signed up, we'll send you a free digital copy of my Wall Street Journal bestselling book, |
| 1:36.7 | job optional. Super easy to do. Just visit us at Howard Bailey.com or text us the key letters |
| 1:42.8 | WR will shoot you a link. So text us W.R. |
... |
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