5 Things Millionaires DON'T Invest In!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 12 February 2021
⏱️ 52 minutes
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Summary
Transcript
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| 0:00.0 | Five things that millionaires don't invest in. |
| 0:04.4 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:11.2 | investing, taxing. |
| 0:13.1 | You've got financial questions, he's got financial answers. |
| 0:16.7 | It's Brian Preston, the money guy. |
| 0:19.5 | Yeah, Brian, I'm super excited about this show because oftentimes what we are telling you |
| 0:24.3 | guys is what you should do with your money, how you should make financial decisions. |
| 0:29.9 | Where you should put it if you follow the financial order of operations. |
| 0:33.9 | But we were talking in our show meetings this past week and we said, you know, we got |
| 0:36.7 | to talk about what are some things that maybe get a lot of press and a lot of attention and |
| 0:42.0 | a lot of, you know, people selling it. |
| 0:45.8 | People, a lot of folks like pushing it out there that maybe you should avoid if you want |
| 0:50.0 | to set yourself up for financial success. |
| 0:51.6 | There's a lot of, I want you to think of, if we go through these, these five items, I want |
| 0:55.4 | you to think about the number of folks that make their living selling these products. |
| 1:01.7 | I mean, because that's really what's going on. |
| 1:03.5 | I think there's a direct correlation to size a sales force to how awesome the product |
| 1:09.8 | actually is. |
| 1:11.3 | You know, because if it sells itself, you don't need a huge sale force. |
| 1:15.7 | You need to kind of nudge them into activity. |
| 1:17.7 | So that's probably a great segue in a number one, which is permanent life insurance. |
| 1:25.1 | Now I think this is a very important one to like, because I can already, like I can fill |
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