Ep 22: Understanding the 3 Qualities of Money

Financial planning can be complicated at times so let’s try to simplify it a bit. Today we’ll break down the three qualities of money we utilize for a client’s portfolio and what type investments fit into each.

The Game Plan

Retirement planning comes down to many different factors, especially when you build a comprehensive plan with a financial professional.

Ultimately though, you can look at investing through the lens of three qualities of money: growth, safety, and liquidity. On this episode of the Retirement Playbook Podcast, Dale Tondryk will define each quality of money, discuss strategies involving each, and explain what role they plan in your plan.

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[1:37] – What are the 3 qualities of money?

[4:13] – Is there an investment that can get all three?

[7:22] – What defines liquidity? 

[7:52] – Examples of growth and liquidity without safety. 

[8:31] – Growth and safety without liquidity.

[9:56] – Which of these do clients typically emphasize?

 

When we’re doing plans for people, what we like to do is to be able to get all of our guaranteed income sources to pay all of our bills. That’s really the ideal situation.

– Dale Tondryk

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Show Host

Dale Tondryk - The Coach

Dale Tondryk is president at Tondryk Wealth Management, LLC. He has more than 30 years of experience in the insurance and annuity industry and holds a Bachelor’s of Science from Southwest Minnesota State University.

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