The Game Plan
Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation.
On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.
Investing always involves a certain amount of risk, but how much risk is right for you? For example, it could make sense to pay off your home, even if you use a large portion of your savings. Speaking of which- are you keeping enough cash in the bank?
The right financial advisor will tailor their advice to their client’s specific needs. Listen to find out if going against the grain could help you achieve your financial goals more successfully.
The X’s & O’s
Check out the timestamps below to skip around to specific topics on the show.
[3:41] – Should you pay off your house?
[5:27] – How to handle debt
[7:52] – Why you might want to repurpose your life insurance
[9:53] – Using annuities the right way
[12:20] – When it makes sense to keep extra cash in the bank