Code Red

Money Guy Show

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

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

4.6 • 2.8K Ratings

🗓️ 1 November 2013

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week Brian summarizes the 2011 and 2012 Letter to Shareholders from Berkshire Hathaway. He notes that consistency is key when investing, especially during times of uncertainty. We also give you a rundown of the article: 10 ways to wipe out your retirement savings, by Dana Anspack, a fee-only advisor out of Arizona. Dana does a great job on each of her ten points, we feel like this is a must read for everyone.

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, taxing.
0:09.0	You've got financial questions, he's got financial answers, it's Brian Preston, the money
0:14.6	guy.
0:15.6	Hey guys, it's Brian, the host of the Money Guy Show.
0:18.7	Today we're going to be covering two things.
0:20.4	We're going to be talking about, you know, I've been doing some things, you know, in the
0:25.3	community as well as going to birthday parties on the weekends for the kids.
0:29.0	I always have people coming up and asking me financial questions and I want to tell you
0:32.9	some of the concerns that have been brought to me recently and I just like, I wish I
0:38.2	could say, take a deep breath.
0:41.3	It's going to be okay.
0:42.3	But you know, it's hard to tell people that without sounding like you're trying to almost
0:47.3	demean their thoughts and their concerns.
0:49.4	So I want to go a little deeper because I know our podcast listeners can undergo a lot
0:54.7	deeper and really have an appreciation because they probably have the exact same things going
0:58.4	on in their lives.
0:59.7	So I'm also going to use the wisdom of Warren Buffett to be that breath of fresh air because
1:05.0	I went back and read some of the historical quotes he had made and his letters to shareholders
1:11.0	that was pretty incredible when you look back on from a historical standpoint.
1:15.8	So I'm going to bring those up in the beginning.
1:18.0	And then the second thing we're going to be covering today is code red.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.