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Money Guy Show

Asset Location

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Business, Investing

4.73.1K Ratings

🗓️ 20 January 2012

⏱️ 36 minutes

🧾️ Download transcript

Summary

In past shows, we have often covered the topic of proper asset allocation when investing, but today's podcast focuses on the importance of asset location. This means focusing not only on diversification across asset classes in your portfolio, but also tax diversification within all account types. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:15.6

I don't know how good this show is going to be today, but I probably shouldn't say it

0:18.5

because that's not selling it.

0:19.8

What a horrible way to start the show because think about it, say you're going to date with

0:22.9

a new girl and you're like, look, I'm going to go ahead and warn you, this date's probably

0:26.8

going to stink.

0:27.8

You're not exactly setting yourself up for success.

0:29.4

And it also is like you go to movies and you're like, I don't really want to see this.

0:33.0

And then you come out like, oh, the cow is a great, so the expectations are so, you

0:36.4

know, because I've started it out that way.

0:38.5

And let me tell you why I said that.

0:41.6

Driving to the gym this morning, I made three wrong turns.

0:45.4

Just then setting up the equipment, I tried to plug two male headset plugs together.

0:51.5

I don't know what I was thinking.

0:52.7

So things are, I don't know if I didn't get enough sleep or what, but sometimes that actually

0:56.2

adds a little, a little umph to the show that, you know, gives it that spontaneity.

1:00.7

So let's, um, first of all, this is the money guy show.

1:03.5

What we're going to be talking about today, two things.

1:05.7

We're going to talk about the story of Bo.

...

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