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Money Guy Show

Fear, Financial Markets, and Your Money

Money Guy Show

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

Investing, Education, Business

4.73.1K Ratings

🗓️ 18 March 2008

⏱️ 42 minutes

🧾️ Download transcript

Summary

I’m a day late with this post because I spent most of yesterday fielding concerned phone calls and writing a market update letter for my clients. It’s during these volatile times that good advisers prove their worth to clients, and as you can imagine it’s also a stressful time. With that said, I know that […] 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,

0:07.1

investing, taxing.

0:09.1

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

0:12.7

It's Brian Preston, the money guy.

0:15.9

Welcome to the money guy show.

0:16.9

I'm your host, Brian Preston.

0:18.2

By day, I am a fee-only wealth manager on the south side of Atlanta.

0:22.7

I am a certified financial planner, a certified public accountant, and I'm a personal financial

0:27.6

specialist, which means I'm a CPA that does financial planning.

0:31.8

We're here to talk about, and it seems like this is a common trend, and I hate to keep

0:35.2

coming back to it, but I think every two or three months, especially in this type of marketplace,

0:40.0

you guys need a reminder, something that will keep your eye on the ball, keep your eye

0:45.2

on the prize that is out there if you can be open-minded to what is the long-term purpose

0:53.0

of your financial dreams.

0:55.5

What you're trying to do?

0:56.5

You're trying to accomplish why you're saving monthly, and that all this noise that

1:01.5

goes on with the 24-hour access to financial information, whether it's the news channels,

1:07.2

whether it's the magazines, the newspapers, it is noise in the grand scheme of where you're

1:12.6

trying to end up.

1:13.6

So that's what we're here to talk about today.

1:15.6

We're talking about fear, the financial markets, and your money, and I'm trying to help

1:20.4

you not to panic, because just because this might be the dreaded R word, the recession,

...

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