Are you prepared for a financial storm? We explain what to do and why a financial advisor is so important in helping you weather tough conditions when the forecast gets dark.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/preparing-for-financial-storms/
On today's show:
5:35 – We react and don't plan for financial storms
7:30 – Positives and negatives of diversification
9:07 – Hot stocks
10:02 – Tesla
13:54 – Mailbag: Should financial advisor help with social security, life insurance and legacy planning?
Have you made a big splurge recently? How have your finances shifted in the past several months during the pandemic? Today we’ll talk about how spending has changed as our lifestyles have slowed down.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/have-you-made-a-corona-purchase/
On today's show:
0:26 - Don talks summer heat and summer fun before school starts again.
6:28 - Have you heard about the “Corona Purchase”?
9:08 - Home improvements projects and remodels are popular right now.
14:51 - Inventory on some hot items are running low.
15:51 - Who benefits economically from these improvements?
18:10 - Are you diversified?
22:14 - Getting to Know You: Would you rather make twice as much money next year or make the same amount of money while only working half as much?
