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Money Guy Show

The Silver Lining of a Financial Crisis

Money Guy Show

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

Investing, Education, Business

4.73.1K Ratings

🗓️ 1 October 2008

⏱️ 29 minutes

🧾️ Download transcript

Summary

What a week! Actually, what a past couple of weeks! Obviously, it wouldn’t be too hard to harp on all of the bad stuff going on right now. So, instead of doing that, I would like to focus on some of the silver lining and maybe some of the positive things that could come out […] Read more at http://www.moneyguy.com/2008/10/the-silver-lining-of-a-financial-crisis/ 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, taxes.

0:09.0

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

0:12.6

It's Brian Preston, the money guy.

0:15.4

Well, guys, I got to tell you the last two weeks have just been wild out there.

0:20.2

You probably wonder, Brian, where were you last week?

0:22.5

I got to tell you what I was doing last week was talking some people off some bridges,

0:27.9

making sure that my clients were willing to stay in there and be long-term investors,

0:32.6

because it has been just crazy out there.

0:35.4

If you're branded to the money guy show, I'm your host, Brian Preston.

0:39.4

By day, I'm a fee-only wealth manager down here on the south side of Atlanta.

0:42.9

I'm a CFP, which is a certified financial planner, a certified public accountant, and a personal

0:47.5

financial specialist, which means I'm a CPA that does financial planning.

0:51.6

I am, like I said, by day, a fee-only wealth manager, and as a hobby, I've been doing this

0:56.6

for over three years now.

0:57.6

We've been running a successful podcast that we publish weekly and less something crazy,

1:02.7

like the financial markets melting down occurs.

1:05.8

I'm going to get to in a minute.

1:06.8

What we're going to be talking about today is I kind of want to talk to you guys about

1:10.5

what's been going on to a degree.

1:12.2

I know that's what the last show was after really the big part of this drop started occurring.

1:20.8

I gave my thoughts, especially how the financial media was handling things.

...

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