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Money Guy Show

Back to Basics: The Power of Patience

Money Guy Show

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

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 20 August 2012

⏱️ 40 minutes

🧾️ Download transcript

Summary

We have all heard that patience is a virtue. But did you know that you can actually get paid for being patient? In today's show, we share some data that reveals just what a plan and a little patience can do for your portfolio returns.

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:07.2

investing, and taxes.

0:09.1

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

0:12.7

It's Brian Preston, the money guy.

0:16.0

So the show, even though we're recording this on Friday, it's going to be published probably

0:19.8

on Monday because we have had a debacle of a morning.

0:25.4

There's one of those things where we started off the day and there's sunshine and the

0:29.3

flowers are blooming and the birds are chirping.

0:32.6

We even went and got a spicy chicken biscuit this morning and then went and voted, voted

0:38.7

in a runoff election we have here locally and then all of a sudden to get a phone call

0:41.9

from my wife.

0:43.8

And she lets me know that she's lost our senior citizen, blind, deaf, pug dog.

0:51.5

So we ran over there and gave it a good value and effort and good news Winston has

0:56.9

been found.

0:57.9

But that kind of drained all morning, it's probably ridiculous to drop everything and take

1:02.8

my entire employment base over to my house to look for the dog but that's how much you

1:07.2

care for your pets.

1:08.2

I think everybody would do this thing.

1:10.0

It's that and coupled with this weekend is Brian's oldest daughter's birthday.

1:14.0

So this would have been horrific news if something would have happened to the family

1:18.2

dog and to compound during his oldest daughter's birthday weekend.

1:22.3

So you know that crisis averted exactly exactly.

...

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