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
Family Finances: Teaching Your Kids About Debt
“No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.”- Matthew 6:24 Can you get rich? Yes. Can you have everything you want? Yes. Is it also...
Family Finances: Teaching Kids About Entrepreneurship
We live in a time when entrepreneurship is revered and celebrated. Families watch episodes Shark Tank, and HGTV teaches us about making money in lots of different ways. In spite of the popularity of entrepreneurship in popular culture, not everyone is cut out to...
Family Finances: The Power of Ideas and Images
A picture is worth a thousand words. Simply put, a picture can convey an idea more quickly and effectively than the written word. Here are some of the most iconic images: Proverbs and rules-of-thumb are extremely effective at expressing ideas. Here...
Money Problems: Overcoming Stress and Anxiety
In a famous letter to the US government in 1854, Chief Seattle wrote “The end of living - The beginning of survival.” It was in the context of caring for the Earth, and his words are as true today as they were then. I remember reading that for the first time and...
Recapping My Son’s First Lemonade Stand
I want to help my kids be good with money. It seems obvious, but here are my reasons: I want them to have financial independence and to earn a great livingI want them to have great lives, and to be able to pursue whatever they’re passionate aboutI want them to...
Succeeding at Life: Essential Questions to Ask Yourself
Succeeding at life isn’t easy, but it’s available to everyone. It’s also highly personal. Your idea of success is and should be, different from mine. What does success look like for you? You see, it’s imperative to get clear on the answer to that question....
Succeeding at Life: Auditing Your Time
Have you ever read “The Bank of Time?” It’s one of my favorite inspirational stories: Imagine there is a bank account that credits your account each morning with $86,400. It carries over no balance from day to day. Every evening the bank deletes whatever part of the...
Succeeding at Life: Doing Focused Work
Is succeeding at life a priority for you? Do you want to get better? Is there something specific you’re working on? Something you’re trying to get started or finish? “Wanting” is the first step. Desire is the common denominator of success. From...
How to Take Personal Responsibility for Your Leadership Skills so You Can Lead by Example
People have all kinds of leadership goals. Some want to be the CEO of a big company, some want more responsibility within their community groups, and others want to be the leader of their own lives and the lives of their family. Whatever your goals, I want to help you...
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!