If you have a globally diversified portfolio, what would it take for everything to go to zero? What would have to happen for 12,000 companies to go out of business?
No one can argue that we have faced some volatility in the market. During such periods investors emotions are tested and they often seek a “product” solution which will help protect their principal or “magically” make those loses reappear.
Well, the Insurance industry has the product for you, and during these times they send out their army of salesmen who feed off your fear to sell you an Equity Indexed Annuity.
This video will educate you on an alternative solution that will accomplish similar results with more flexibility and no COMMISSION to the salesman.
Make sure to get my book The Dirty Filthy Lies My Broker Taught Me and 101 Truths About Money and Investing by linking here.
“The sky is falling, the sky is falling” cried Chicken Little. Some investors may agree. What should you do If you find the stock market plummeting.
Right now is one of the most lucrative times to buy slices of American businesses at vast discounts. Don’t forgo the opportunity by running away.
Today Richard talks about one of the first steps towards building wealth: Paying Yourself First! It sounds easy, but in practice proves to be quite difficult. The bottom line? You’ll never build wealth if you can’t pay yourself first.
Additional videos talked about;
What type of investor are you? A common question often confused for “What type of risk rolerance do you have?” Most often the question is answered as; I am aggressive, conservative or balanced. However, today Richard and Warren Buffet introduce all the three types of investors and emphasizes how there is really only one investment approach which is the best investment approach for the majority of investors.
Want Richard’s book titled The Dirty Filthy Lies My Broker Taught me and 101 Truths about Money and Investing? Then make sure to link here.
Over the long term, the stock market is driven by underlying economic, financial and global growth. But in the short run, the market is driven by simple greed and fear, which are dictated by human emotions. During periods of prosperity, the stock market often rises faster than underlying earnings. During tough economic times, political uncertainty, and low consumer confidence, the stock market often performs worse than the underlying fundamentals predict.
Don’t try to time the market. As tempting as it is to try, it is not possible to time the stock market. People have written millions of pages of research on this topic and NO ONE has ever found a legitimate way to determine its trends.
In this episode Richard is joined by his co-host Albert Einstein to introduce to you the last of the 3 basic principals on investing and creating wealth; TIME, INFLATION, and COMPOUND INTEREST
Don’t forget to leave your comments down below.
In todays episode Richard (The Tim Tebow of the investment WORLD)and Co-host Warren Buffet define the difference between investing and speculating.
What did Richard drink today 7-Eleven FREEEEZE Slurpee Was pretty good. I’d have it again.
Welcome to our first episode of Financial QB TV for 2009. This year me and my co-host will be bringing you some entertaining, informative, jam packed episodes filled with simple wealth building tips and wisdom discovered from some of the worlds best and brightest minds.
I want you to discover the stark difference between what are academically sound and simple methods of investing versus what the financial industry as a whole believes to be investing.
Give me 5 minutes and you will be well on your way to creating wealth and leading a life of abundance.
Let me know what you think by posting a comment down below. See you next time on Financial QB TV.
This market volatility is making me crazy. Shouldn’t I stop contributing to my 401k to stop losing even more money?
View this video because the answer may surprise you.