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 Stay Out of Debt
How to stay out of debt is one of the most important questions we can ask ourselves. This is because debt is a killer of dreams and a cause of limitless stress and anxiety, and a driving force behind the demise of relationships. Too harsh? I don’t think so. ...
Steps to Success with Your Money
There are steps to success for improving and getting better at anything and everything. It’s not always easy to figure out what the steps are, and once you know, you’ve still got to follow them. This is true for getting good at money. You’ve got to figure...
Overcoming Inaction
Inaction can afflict all of us. It presents itself in our very human desire to put things off. Humans are great at rationalizing inaction and procrastinating. The problem is, when we procrastinate, nothing happens. Nothing is created. And while individual...
Establishing a Safety Net for Your Small Business
As a small business owner, you know that one of the most important things you can do is protect your business. You've likely already taken some steps to do this, but it's never too late to reassess your risk and make sure you have a solid safety net in place. From the...
The Way Forward: Your Financial Plans
"A goal without a plan is just a wish." - Antoine de Saint-Exupéry To know the way forward, you need to make a plan. And to create a successful plan, we must understand the key elements and recognize what stands in our way. It’s easier and more common...
Put Yourself First to Own Your Financial Success
To get where you want to go with money and in life, you need to put yourself first. As an empathetic and caring person, this probably sounds counterintuitive. But it’s not. My premise is this; you at 100% is greater than you at 50%. 100% > 50% When...
Your Path to Financial Success
Your path to success with money may be straightforward, or it could require a heroic effort. In his famous book, The Hero with a Thousand Faces, Joseph Campbell laid out the Hero’s Journey: A hero ventures forth from the world of common day into a region of...
How to Live Your Truth with Money
You’ve heard the phrase, live your truth, but what does it mean? For me, it’s knowing who I am, who I want to be, and working every day to close any gaps. When we know what our truth is and we’re living in accordance with it, that’s when we’re living our truth. ...
What is Your Superpower?
What is your superpower? Have you ever thought about that? We (Homo sapiens) have been on top of the food chain for 2 million years, and there are many reasons for this. We’ve got these amazing opposable thumbs that allow us to grasp and manipulate objects...
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!