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
Hard Work Pays Off: How to Get Better and Keep Getting Better
You’re reading this because you want to get better. You’re willing to work hard, but you want to know if your hard will pay off. It will. But the next level of this is creating a virtuous loop, not a vicious cycle. Vicious cycles are putting on 20 lbs,...
Peace of Mind: How to Find It
What threatens your peace? I spend a good amount of time thinking about peace of mind. I think about financial peace of mind. I think about professional peace of mind. I think about spiritual peace of mind. Here’s a couple of things I’ve come up with. I’ve...
Peace of Mind: Finding it In a Harsh World
As our world becomes more and more harsh, peace of mind has never been more important as well as seemingly elusive. Recently, I read about how a pair of Mahatma Gandhi’s glasses were sold at auction for $340,000. While I don’t have an opinion as to whether...
Authentic Persuasion: Managing Relationships During the Sales Process
Have you ever been in a social situation that suddenly became a sales-call? Maybe you agreed to meet someone to “catch up” and it abruptly went from talking about family and vacations to a conversation about life insurance. Going from having a friendly cup...
Body Goals: How to Get Fit
You have all the time you need to reach our body goals and to get fit. But you don’t have time to waste. Stop me if you’ve heard this one: “It’s harder to lose weight as I get older.” Or this one: “Everything I eat goes straight to my gut/butt.” Like...
Health for Life: Workout Motivation
I didn’t feel like it this morning. I wanted to go back to bed when my alarm went off. Once I was up, I wanted to stop my workout five minutes after five minutes. But I didn’t do those things. I got up and finished my workout. Why? Because I...
Fuck You Money: What Would You Do With It?
According to the Urban Dictionary, fuck you money is “the exact amount of money required in order to tell an individual or organization to go fuck themselves without facing repercussions.” Essentially, it’s having enough money to do whatever you want, and to not have...
Stop Living Paycheck to Paycheck: How to Get Good with Money
When I was living paycheck to paycheck, I was immediately sick of it. The unfortunate reality is that roughly half of Americans are currently living that way, and imagine they’re also sick of it. I’m going to share the process that helped me to break free...
Iron Sharpens Iron: Your Circle of Friends
Navy SEALs are cool. They’re also a perfect example of how iron sharpens iron. Every year, a lot of people apply to become a SEAL, but only 6% are accepted into the program. From there, less than 25% go on to actually become SEALs. Why is that? Because 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!