February 13th, 2006 Podcast from the Money Guy, J. Brian Preston, CPA, CFP®, PFS
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 13 February 2006
⏱️ 35 minutes
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Summary
Transcript
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| 0:00.0 | Welcome back everybody. This is our second podcast. I've got to tell you, I was completely blown away by the positive results we've had after the first podcast. |
| 0:29.0 | When we decided to do this podcast here at the office, we kind of knew we were being the kind of founding fathers are going into brand new territory. |
| 0:39.0 | But I had no idea the number of people we were going to have visit our podcast and even subscribe. I'm just shocked and I want to thank everybody who's listened as well as subscribed. |
| 0:48.0 | I promise we're going to make this as entertaining as fun as it possibly can be and we're going to keep it going. |
| 0:55.0 | I want to talk to you. I will give you some shameless boasting here because we've had a good month here with me and my partner half with being in the media. |
| 1:04.0 | We both have made several publications. I'm in Kipplinger's this month giving some personal financial planning advice about one of my clients who is diversified. |
| 1:15.0 | She owned a lot of concentrated stock out there and had some stock options we were able to get her out of those stock options and stock. |
| 1:22.0 | Just in time before the stock pretty much tumbled down to nothing and it is in the Kipplinger's magazine which is their mutual funds 2006 issue. |
| 1:33.0 | That's a pretty exciting thing. I also have to give some kudos out to my partner, Mr. Bill Cleveland. |
| 1:39.0 | Now realize he is the smart one out of the two of us. I just kind of the loud one. |
| 1:43.0 | But Bill, he got mentioned in two magazines. So he decided he was going to top me this month. |
| 1:50.0 | He's actually in this this month's issue, the February 3rd issue of medical economics which is a magazine. |
| 1:55.0 | They goes out there to medical professionals, doctors, nurses, other people who are in that profession in that industry. |
| 2:03.0 | And the article that he's in is should you do your own taxes. It's kind of an analysis on whether or not an individual should hire an accountant or whether or not they should consider just buying one of those tack preparation packages and doing it that way. |
| 2:19.0 | Bill also went out there and got himself mentioned and quoted and the brand new issue the February 2006 issue of financial advisor. |
| 2:29.0 | He's mentioned in this article on whether about retirees that go out there and start brand new businesses. |
| 2:38.0 | And I thought Bill had some really good points because he talked about how individuals who decided to start a company really need to make sure they keep the money as well as the psychological item separate because it is hard sometimes to stay focused on that you are running a business and not hobby. |
| 2:56.0 | And you see a lot of people who throw a lot of money into a venture that essentially is a hobby but they're trying to make it into a business and sometimes it doesn't work out. |
| 3:04.0 | Now with that said, I am a huge huge fan of making sure you do something that you're passionate about. |
| 3:10.0 | If you have a hobby or something you really enjoy doing and you're very good at it better than most people, you probably can make a profession out of it. |
| 3:18.0 | And that's what we're here trying to do and show here with the money guy podcast. |
| 3:23.0 | Now I went through all this. I started right into the kudos and didn't even really give you for all the new people who hopefully joining us. |
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