For anyone who has cash in their tax-free accounts, this one is for you. Cash is not a good place to store your money. As times like now are showing, the purchasing power of the dollar weakens with time. Staying in cash means you are saving cash today to buy less tomorrow. Beat this by putting your cash to work. The easiest method is to chuck that cash into a low-cost index fund. No manager, excess fees, or knowledge required. Nicole Lapin has done a fine job of educating the average person with zero financial knowledge on how to do just this. We spoke about her "Netflix and Chill" strategy and why most new investors should pursue this strategy over trying to find the next great stock. High single digits return on indexes while doing nothing is a wealth builder, plain and simple. It's no secret that I love businesses and finding the best possible ones trading in public markets. But most people do not share my enthusiasm, or have the time to look for well-priced businesses. If you have cash but: • Don't care about learning about businesses • Don't have time to learn about specific businesses • Would rather watch paint dry than learn how to invest in stocks But still want a system to gain financial independence... then this episode is right up your alley. Check out the conversation here ⤵️ Watch: rb.gy/vhdfs Listen: rb.gy/zmkz0
Kyle Grieve’s Post
More Relevant Posts
-
Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? https://e.gv6.co/l3gfH4 https://lnkd.in/guJEeXGs
To view or add a comment, sign in
-
🌟📈 "Fuel your aspirations with strategic financial empowerment," echoes the sentiment of our seasoned financial advisors. At Flash Capital, we champion the art of informed investments that drive enduring success. 🔍💡 With Flash Capital as your steadfast ally, unlock the keys to navigating financial complexities with confidence. From fine-tuning your fiscal strategies to seizing lucrative growth prospects, our expertise is tailored to fortify your financial foundation and amplify your aspirations. 💼🚀 Join us this #WisdomWednesday to embark on a transformative journey toward financial prosperity. Let's collaborate to sculpt a robust roadmap that propels your business toward sustained growth and unwavering stability. Elevate your financial acumen with Flash Capital and stride into a promising future. #FlashCapital #FinancialFortitude #StrategicInvestments
To view or add a comment, sign in
-
-
Financial Expertise Unleashed! Embark on a professional journey with the latest episode of Not Just Numbers, where Madison and Mike delve into the intricate world of bonds and bond funds. Have you ever questioned, "When should I buy a Bond or a Bond Fund, and how much should I buy?" Join the conversation as Mike unravels the ongoing debate, providing expert insights on the distinctions between individual bonds and mutual funds/ETFs. 🌐 Diversification, professional management, and tax implications are key focus points in this insightful discussion, offering valuable perspectives for seasoned finance professionals and those navigating the complexities of investments. 💼 This episode explores the potential safety and benefits of investing in bonds or bond funds, particularly in the context of specific future financial needs. 🔗 Dive into the conversation now: https://apple.co/3IsrCdp Share your professional insights! Which camp are you in—Individual Bonds or Bond Funds? Let's foster a thoughtful financial dialogue on LinkedIn. 💬 Don't miss the chance to explore the relevant article discussed in this episode: https://on.wsj.com/3vdVtCA #InvestmentInsights #FinancialFreedom #BondsVsFunds #DiversifyYourPortfolio #SmartInvesting #LinkedInFinance
To view or add a comment, sign in
-
In today's FIN-LYT by Equilibrium Wealth Advisors episode, join Matthew Blocki, CFP® ChFC® RICP®, Jamison Smith, and me as we unveil five critical mistakes to avoid in your financial planning. From the risky allure of IPOs and hedge funds to the complexities of "indexed universal anything," we dive deep into how these choices can undermine your financial health. We'll also expose hidden fees, limitations, and tax-related scams that could affect your returns and capital accessibility. Get empowered with insights for crafting a resilient financial plan and making informed investment choices! Listen now: YouTube: https://lnkd.in/eDdJdhVB Spotify: https://lnkd.in/eP72i4yS Apple: https://lnkd.in/eQKK9C_R #EWA #FinancialPlanning #FinancialInsights
To view or add a comment, sign in
-
-
Ever wondered how your small savings today can transform into significant wealth tomorrow? Jack Burnette shares his personal journey of how 40+ years of disciplined saving and investing morphed what once seemed like insignificant amounts into a substantial nest egg. This episode isn't just about financial wisdom, it's about understanding the beauty of slow, steady growth and the enormous rewards it can yield. Listen now → https://bit.ly/BCPep4 #CompoundInterest #LongTermInvesting #FinancialGrowth #WealthCreation #MoneyMindset #PatiencePays #SlowAndSteadyInvesting
To view or add a comment, sign in
-
-
Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents. https://lnkd.in/gaDRHqyW
What Should I Do With My Money?
link.chtbl.com
To view or add a comment, sign in
-
Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents.
What Should I Do With My Money?
link.chtbl.com
To view or add a comment, sign in
-
Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents!
What Should I Do With My Money?
link.chtbl.com
To view or add a comment, sign in
-
Your company stock positions can boost your portfolio, but it may be time to discuss tax-efficient ways to diversify if you have an oversized stake. Listen to this episode of What Should I Do With My Money? and let me know if you'd like to explore the strategies my colleague presents!
What Should I Do With My Money?
link.chtbl.com
To view or add a comment, sign in
-
When folks come in who have been working with a big-box financial firm in the past, we often find they have 𝗿𝗲𝗱𝘂𝗻𝗱𝗮𝗻𝘁 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀 or commissioned investment vehicles. Around here at Thrive, we're an independent financial fiduciary. With a full repertoire at our fingertips, we're able to 𝘂𝘀𝗲 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝘁𝗼𝗼𝗹 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝗷𝗼𝗯. 🧰 We help our clients to understand their portfolios and understand that their 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗰𝗹𝗮𝘀𝘀𝗲𝘀 𝗼𝗳 𝗮𝘀𝘀𝗲𝘁𝘀 𝗵𝗮𝘃𝗲 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗷𝗼𝗯𝘀. There's money designed to grow, to provide income, and to be there and accessible in case of emergency. To learn more, see my 𝗹𝗶𝗻𝗸 𝗶𝗻 𝗯𝗶𝗼 for the FULL episode of 𝙍𝙚𝙩𝙞𝙧𝙚 𝙔𝙤𝙪𝙧 𝙒𝙖𝙮, "Riding Out the Income Financial Storm"! ☔️ #investing #retirementplanning #financialadvisor
To view or add a comment, sign in