Jul 25, 2019
Along the path to retirement, we all make investments based on a variety of opinions and information we receive, but how often do we go back and reassess? Not doing so can cost you. Today we use a quote from Shaq and an analogy from Washington D.C. to explain the importance of understanding your investments.
Check out the show notes for this episode here, and take a look at the rundown below.
0:54 – Introducing today’s topic
1:09 – This NBA star Shaquille O’Neal quote gets us started
1:45 – How Doe someone decide which investments are appropriate?
2:32 – Do you know why you own the investments that you do?
3:13 – If you don’t know, ask yourself this question.
3:28 – Using a Washington D.C. analogy to explain the issue.
5:49 – The industry doesn’t always have your best interest in mind.
8:21 – How technology is changing the game in investors’ favor.
9:05 – What you can do if you don’t know what is in your portfolio and why.
11:18 – Brian Bowen’s method for deciding what investments to make.