Become an Investor with Dr. Preston Cherry
Technology has made investing available to anyone with a smartphone and along with it, the opportunities for good and bad outcomes. Dr. Preston Cherry shares his perspective on what it means as well as the important variables to keep in mind on your path to becoming a successful investor!
Listen to us On
About the Episode
LifeBlood: We talked about how to become an investor, Preston’s career path, his passion for the financial industry, how he was taught money concepts by his parents, how he’s done many roles in the financial industry and how that prepared him for his current role.
We talked about his experience starting a Financial Planning program at a University, the interest level of students in the field, and how young people are feeling about the financial world in general.
We discussed the impact of financial technology companies on the world of investing, and how that plays into someone’s overall financial plan. We talked about the importance of trust, the need for investors to have a good understanding of risk and return, and how tech is having the effect of commoditizing some aspects of the financial planning process.
We talked about how it’s possible to find success and consistency as a trader, but it takes time, effort and attention with Dr. Preston Cherry, CFP, a Your Life Money Balance Financial Planner, the Founder and President of Concurrent Financial Planning, a Speaker, Professor, Researcher and cool uncle.
Listen to learn how to become grittier and the role it can play in our overall success!
For the Difference Making Tip, scan ahead to 21:11!
You can learn more about Preston at ConcurrentFP.com, Facebook, Twitter and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Dr. Preston Cherry
Guest
More Episodes
How to Overcome Market Risk in Retirement Using Annuities
Retirement should be a time of peace and freedom—not stress and financial uncertainty. But for many retirees, one major concern threatens that vision: market risk. The fear of a stock market downturn wiping out years of hard-earned savings can keep even the most...
How to Set Up Your Retirement Budget and Create Guaranteed Income with a Fixed Annuity
One of the most important steps to enjoying a stress-free and financially secure retirement is having a well-planned retirement budget — and making sure that budget is supported by reliable, guaranteed income. While investment accounts can offer growth, they also...
How to Make Sure You Don’t Outlive Your Retirement Nest Egg — With the Help of Annuities
One of the biggest fears facing retirees today isn’t boredom, health issues, or even the rising cost of living. It’s the fear of outliving their money. And it's a valid concern. With people living longer, markets remaining unpredictable, and inflation eating away at...
How to Have an Anxiety-Free Retirement Using Budgeting and Annuities
Retirement should be a time to relax, explore your passions, and enjoy the life you've worked so hard to build. But for many retirees, financial anxiety can cast a long shadow over those golden years. One of the most effective ways to manage this anxiety is through...
How to Manage Financial Uncertainty and Anxiety in Retirement Using Annuities
Retirement is meant to be a time of relaxation, freedom, and enjoyment. But for many retirees, it can also bring anxiety and uncertainty—especially about finances. Concerns about outliving savings, market volatility, rising costs, and unpredictable healthcare expenses...
How to Handle Inflation on a Fixed Income in Retirement
Inflation is one of the biggest threats to a comfortable and sustainable retirement. As prices for everyday goods and services increase over time, the purchasing power of your money decreases. For retirees living on a fixed income, this can be especially challenging....
Finding Safety in Retirement with Annuities
Planning for retirement is one of the most significant financial journeys a person takes. While retirement is often envisioned as a time of relaxation and enjoyment, many people face the looming question: "Will my money last?" With market volatility, rising healthcare...
Using Annuities to Overcome the Fear of Spending Too Much in Retirement
One of the biggest concerns for retirees is striking the right balance between enjoying their savings and making sure they don’t run out of money. The fear of spending too much too soon can lead to financial anxiety, limiting a retiree’s ability to fully enjoy their...
Why Investors Choose Annuities for Secure Retirement Income
Planning for retirement is one of the most critical financial decisions a person will make. With concerns about market volatility, longevity, and sustainable income, many investors turn to annuities as a solution for secure retirement income. But what makes annuities...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!