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Money Guy Show

The Best and Worst Financial Decisions That You Can Make!

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 3 July 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

The best way to create wisdom is through experience. Over two decades of wealth management experience has taught us a lot and, thankfully, we're self-deprecating enough to share all of it - the good and the bad! This episode unpacks our top 3 successes and failures in the world of finance, so you can avoid the pitfalls from our early years and capitalize off of our current wins! For more information, visit: https://www.moneyguy.com/2020/07/best-and-worst-financial-decisions/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The best and worst financial mistakes and decisions you can make.

0:05.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:12.0

investing, taxing.

0:14.0

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

0:17.0

It's Brian Preston, the money guy.

0:21.0

Brian, so I'm excited about this show.

0:23.0

You know what I, somebody send the comments, I say that about every show.

0:25.0

Well, you know why?

0:26.0

It's because it's true.

0:27.0

I am excited about every show.

0:29.0

Chris Harrison of financial content.

0:31.0

That's exactly right.

0:32.0

This will be the best episode ever, never before seen.

0:35.0

I really like this because one of the things that we talked about in pre-show is, you know,

0:39.0

let's talk about some decisions that people should watch out for, some things that should be careful for.

0:42.0

And what better way to share things that other people should watch out for than us

0:48.0

maybe sharing some things that we've done both right and wrong in the past?

0:55.0

I have said it many times and you can learn a lot from this is that the biggest creator of wisdom is experience.

1:02.0

Yes.

1:03.0

So we wanted to, because you know, now we've gotten to the level, enough years under our belts, enough decades of helping successful families,

1:10.0

why not reflect upon things we've seen that have worked and things that have created failure

1:16.0

and kind of let you know where our wisdom came from.

...

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