The Most Common Financial Mistakes
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 3 September 2019
⏱️ 37 minutes
🧾️ Download transcript
Summary
Josh Strange, CFP, joins us to talk about the most frequent foibles he encounters as a financial advisor. Also, why paying $800,000 to cast a hex on the SEC never pays off, and how a frugal carpenter has sent 33 kids to college.
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Transcript
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| 0:00.0 | This episode of Motleyful Answers is supported by NetSuite, the business management software that handles every aspect of your business in an easy-to-use cloud platform. |
| 0:08.1 | Download their free guide, seven key strategies to grow your profits today at netsuite.com slash fool. |
| 0:17.0 | This is Motleyful Answers. I'm Alison Southwick, and I'm joined as always by Bobbert Brokamp, |
| 0:22.5 | personal finance expert here at the Motley Fool. What the helicopter? Bobbert, Bobbert. |
| 0:28.8 | That's fun to say. Say it. Say it. Bobbert. See, it's fun. In this week's episode, we're joined by |
| 0:35.0 | Josh Strange. He's here to talk about the most common mistakes he sees people make in his role as a financial advisor. |
| 0:41.1 | All that and more on this week's episode of Motleyful Answers. |
| 0:45.6 | So, bro, what's up? |
| 0:47.0 | Allison, I have. |
| 0:47.9 | Not one, not two. |
| 0:49.0 | Three. |
| 0:49.5 | Come on, three, three, three, three. |
| 0:50.7 | But three things for you today. |
| 0:52.3 | Yes. |
| 0:52.9 | Okay. |
| 0:53.6 | So here we go. |
| 0:55.0 | Number one, financial voodoo never pays. |
| 0:58.0 | So gather around children. |
| 0:59.0 | What? |
| 1:00.0 | As I tell the tale of Don Bennett, who was once a respected financial advisor with a radio |
| 1:05.0 | show, online clothing store, and in 2009, she made Barron's list of top 100 women financial advisors. |
| 1:12.9 | Oh no, and here comes the voodoo. |
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