How I turned $500k Into $10k ????♂?????♂?

Take My Advice... A Cautionary Tale

We just dropped episode 72 of the Ask The Planman podcast, and this one is a must listen episode for practical advice on proactive financial planning and navigating market fluctuations.

It's also a cautionary tale with my TOP piece of planning advice that I urge everyone to be aware of.

We're chatting about WHY consistent and strategic investment plans, like dollar-cost averaging and diversification, are essential for long-term financial success.?

In this episode, we explore:

• The importance of dollar-cost averaging and how buying during market downturns and consistent contributions can maximize your returns.
• Asset allocation and diversification, and how balancing growth and value stocks can help you achieve a risk-adjusted rate of return, tailored to your financial goals.
• A personal cautionary tale to help you understand why managing risk through diversification is essential (especially during market crashes)
• Tips on protecting your wealth, avoiding overconcentration, and making informed financial decisions.

If you would like to learn more, be sure to listen to the full conversation on Spotify or Apple today!

Until next time!

Bruce