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
Your Money, Your Goals: How to Get What You Want
When you think about your money and your goals, do you feel you have ownership of them? Many of us feel like we’re living on someone else’s terms, and someone else’s rules. And life is both too short, and too long to do that. You and I have enough time to do...
Three Signs You’re Ready to Retire and Three Steps to Take Immediately
Is it time? Have you had enough? Are you excited for the future? I want to talk about three signs you’re ready to retire. If you are, there are three steps to take immediately. When you’re in your 20s, retirement is an abstraction. In your 40s, it becomes more...
Emotional Signs You’re Ready to Retire and 4 Actions to Take
What are some of the emotional signs you’re ready to retire? What do you do when you experience them? My hope is you’re not planning on retiring tomorrow. Even if that’s the case, it’s better to consider what I’m going to share than to not. A successful...
Is the Stock Market Rigged? 5 Tips for Becoming a Happy Investor
Is the stock market rigged? No. Not in the way you think. When I think of something being rigged, I think of carnival games. Something that appears to be winnable, that’s really not.Casinos aren’t rigged. The “house” has the statistical advantage over the players, but...
Should You Cut Your Retirement Spending Now? 4 Best Practices
Should you cut your retirement spending now? Maybe. Maybe not. Whether you’re thinking about this out of fear, or proactivity, it’s always wise to revisit your financial situation. This is true if you’re not working and living on a fixed income (like most...
How to Retire Happy: Avoid these 4 Mistakes
What does it mean to you to retire happy? I want everyone to have a happy and fulfilling retirement. If you want to travel the world, open a winery, or spend every day with grandkids, that’s what I want for you. And all those things are possible. But financial...
Do you Have the Freedom to Retire?
Do you have the freedom to retire? Are you in a financial position to stop working? If you are, and you haven’t, what’s stopping you? Do you want to retire? Are you afraid of it? Are you experiencing uncertainty? How can you answer these questions...
How to Have an Amicable Divorce
Divorce is neither good nor bad, it just is. For a married couple, one spouse may consider it to be the best thing that’s ever happened, while the other may find it to be the worst. That being said, an amicable divorce is the best possible solution when...
7 Steps to Becoming Debt Free for Life
How good is it going to feel when you’re debt free for life? Imagine the tension falling away from your shoulders as you relax your mind and body. It’s going to feel great, and I want to help you get there. Becoming debt free and staying that way is one of the...
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!