Bill Schultheis: Long-Term Investors Are 'Silent Majority'

The Long View

Morningstar

Finance, Dan Lefkovitz, Amy Arnott, Entrepreneurship, Investing Leaders, Jeff Ptak, Investors, Christine Benz, Influential Investors, Careers, Long-term Investing, Financial Services, Business, Investing, Morningstar

4.5 • 775 Ratings

🗓️ 17 March 2021

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

The author and financial advisor discusses the importance of tuning out the noise, helping clients align their money with their life goals, and what it means to be a 'coffeehouse investor.'

Transcript

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0:00.0	At Jackson, we've created a digital retirement planning experience with you and mine.
0:05.5	Visit jackson.com to explore our easy-to-understand resources and user-friendly tools
0:10.1	that are designed to enable financial professionals and clients to plan a path to financial freedom.
0:15.5	Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan,
0:20.5	and Jackson National Life Insurance Company of New York.
0:23.3	Purchase New York.
0:26.6	Please stay tuned for important disclosure information at the conclusion of this episode.
0:32.9	Hi, and welcome to the Longview.
0:34.8	I'm Christine Ben's Director of Personal Finance for Morningstar.
0:38.4	And I'm Jeff Battack, Chief Ratings Officer for Morning Star Research Services.
0:42.3	Our guest on the podcast today is financial advisor and author Bill Schulteis.
0:46.9	His latest book is The Coffee House Investors Ground Rules, Save, Invest, and Plan for a Life of Wealth and Happiness.
0:54.0	His first book, published in 1998 and updated several times thereafter, is the coffee house investor,
1:00.9	How to Build Wealth, Ignore Wall Street, and Get On With Your Life.
1:04.8	When he's not writing books, Bill is a financial advisor with Soundmark Wealth Management,
1:09.2	a firm he co-founded in 2008. Bill received his bachelor's
1:13.3	degree in business at Texas A&M University. Bill, welcome to the Longview. Thanks, Christine.
1:19.7	Looking forward to the conversation. Well, we're glad to have you here. Let's talk about this
1:24.3	coffee house investor idea. It's a term that you've come back to for both of your books.
1:29.4	Where did that come from, the coffee house investor?
1:33.2	Christine, I spent my entire professional career in the financial services industry.
1:39.4	Got started right out of college in 1982, which I think is somewhat significant that year in this story.
	...

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