Is Now the Time to be Taking Risks?

Money Guy Show

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

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 29 April 2009

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Even though the economy has shown some signs of life over the last month and a half, I feel it is safe to say we are still in or around the low-point of the economic cycle, the trough if you will. Many individuals are feeling that because things have gotten so bad, now may be a good time to 'start over'. This starting over can mean many different things for many different people. Check out the extensive show notes at http://www.moneyguy.com/2009/04/is-now-the-time-to-be-taking-risks 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,
0:07.0	investing, taxing.
0:09.0	You've got financial questions, he's got financial answers.
0:12.6	It's Brian Preston, The Money Guy.
0:15.7	I'm your host for The Money Guy Show.
0:17.2	This is Brian Preston and welcome back and we've got a good one for you today.
0:20.6	We're going to be talking about today is now the time to be taking risks and how we came
0:25.7	about this is kind of interesting is that as most of you know, we kind of, you know,
0:29.9	it's not like we have a preset schedule for the next six months of what our topics are
0:35.3	going to be.
0:36.3	They kind of just float our way, you know, we come across something that's going on in
0:39.4	our own personal lives here at the office and then it turns into a podcast that you guys
0:44.8	leave feedback on and kind of give us some insight and it's really worked out well for
0:50.0	us and that's exactly what we're going to be doing today is what we're talking about
0:53.0	is now the time to be taking risks and I've got several ways we're going to be talking
0:56.4	about this is we put together some show notes where we go through age ranges.
1:01.4	We're going to go all the way from age 20 all the way through to your 50s and 60s on
1:07.8	what you need to be kind of thinking about the determine if you need to be taking on
1:10.9	more risk.
1:11.9	But we're also one of the things I kind of always like to be a contrarian is you guys
1:16.4	have heard me talk about, you know, when is the time to invest, you know, look for blood
1:20.6	in the streets.
	...

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