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
Overcoming Adversity: How to Respond When Things Go Wrong
Bad things happen to us. Me dropping my ice cream when I was four was bad. My parents getting divorced when I was five was worse. Adversity, also known as difficulty or misfortune, comes at us in different levels. The trick is what we do when it happens;...
How to Make Friends as an Adult
I’ve got friends I grew up with, friends I went to college with, and I met some of my best friends as an adult. But it can be a struggle for grown-ups to make new friends. It’s harder to develop deep relationships when we’re grown up. We’ve got a lot more...
How to Get Better at Persuasion: 9 Areas of New Learning
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” - Abraham Lincoln To get better at persuasion, commit to becoming a life-long learner. Doing so will not only make you better today, it will...
Financial Wellness in the Workplace: 401(k) Plans
This is so important; if we don’t save money for our retirement, no one will bail us out. This is so powerful; we get so many of our most important benefits through our employers. This is so time sensitive; we need to get started saving and investing for our...
How to Take Personal Responsibility for Your Money and Get Your Finances in Order
People have all kinds of financial goals. Some want a Ferrari and a mansion, some want to take nice vacations every year, and others want to get out of debt so they can stop stressing about money. Whatever your goals, I want to help you take personal responsibility...
Effective Persuasion: Am I Referable?
Referrals are the best. They’re the best way to meet new people. Look at this list and decide if you’d rather be introduced to the person through someone you like and trust, or to pull them out of the yellow pages or Google search:...
Want a Life of Significance? Embrace the Gift of Fear
Living a life of significance has certain requirements. It requires you to step out of our comfort zone. To embrace change and adversity. To become a person of action and a wise decision maker. And all of those things require you to embrace the gift of...
Who Am I? How to Write Your Next Chapter
I’m not intending this to be an existential conversation where you question your place in the universe. What I’d like it to be is the catalyst for you to start doing that thing you’ve been wanting to start doing. To help you lean into the question of “Who am I?”...
Financial Wellness at Work: The Underlying Strategy
Getting people to take beneficial action is puzzling and difficult. It’s clear cigarettes are bad for us, yet many still smoke. Most people understand it’s valuable to spend less than you make, yet a majority live paycheck-to-paycheck. To help...
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!