How to Get Out of Traps Laid by Bad Investments
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 9 October 2015
⏱️ 45 minutes
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Summary
Transcript
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| 0:00.0 | Are you one of those people that has bought an individual stock and now you kind of feel stuck? |
| 0:05.5 | Or maybe you got sold a loaded mutual fund, you paid a big commission on the front end, |
| 0:10.8 | you know like, what do I do now? Or better yet, what happened if somebody sold you a variable |
| 0:16.1 | annuity or a cash value life insurance? Or how about even the people you work with, your financial |
| 0:21.5 | advisors, your CPAs, your insurance agents? All these things are financial follies and traps that we |
| 0:29.4 | fall into. If you get hit by any of those points I talked about, this show is for you. |
| 0:51.6 | Hey guys, it's your host Brian Preston. Kind of excited about this this show today because |
| 0:55.8 | this is one of those shows where we're going to turn lemons into lemonade. And I like that because |
| 1:01.0 | I think a lot of times in, I know in my personal life, as well as my personal financial life, |
| 1:06.3 | you make decisions and you hope that you're betting a better than 50% average and getting a better |
| 1:13.0 | place in life. But every now and then you will step into something and you're trying to figure out, |
| 1:17.8 | okay now that I'm here, what's the next step? How do I navigate out of this? So that's what we're |
| 1:23.4 | going to be hitting today. I'm going to go through everything we just talked about in the intro. |
| 1:28.8 | But let me go ahead and give you some housekeeping on who we are. This is the Money Guy show. |
| 1:32.4 | Feel free to go check us out. It's moneygod.com. If you want to go check out the show notes, |
| 1:36.8 | also on the Money Guy website you can go connect with us on all of our other social media platforms, |
| 1:41.6 | whether it's Twitter, Facebook, have at it. Also sign up, give us your email address just so we |
| 1:46.8 | can say in contact with you so we can blast out whenever we have new content. I'm joined today, |
| 1:51.8 | of course, as always, I don't know why I say join just today, but joined probably forever, |
| 1:57.3 | Mr. Bo Hansen who sits across the way from me. Real as we are, feel only financial advisors by |
| 2:03.0 | day. So if you like what you hear, if you like how we're just giving it away and trying to take |
| 2:07.0 | your financial life to the next level, reach out to us because we do work with clients all across |
... |
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