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
Modern Day Idolatry with Scott Shay
EPISODE #1158 Modern Day Idolatry with Scott Shay We talked about the state of organized religion, the meaning and danger of modern day idolatry, the role of perspective, and how to think about and answer life’s biggest questions!About the EpisodeLifeBlood COMPLETE:...
Investor Protection with David Meyer
EPISODE #1069 Investor Protection with David Meyer We talked about the unfortunate realities of investors being taken advantage of by financial advisors, how it happens, what to watch out for, and what can be done about it!About the EpisodeLifeBlood: We talked about...
Book Club featuring Joyce Marter
EPISODE #1158 Book Club featuring Joyce Marter Joyce Marter, LCPC, Pioneering Psychotherapist and mental health thought leader talks about her book The Financial Mindset Fix: A Mental Fitness Program for an Abundant Life!About the EpisodeOn this edition of the Book...
Understanding Pricing with Janene Liston
EPISODE #1019 Understanding Pricing with Janene Liston We talked about all the variables that go into pricing a product or service, why focusing on cost is a mistake, and the importance of having a deep understanding of your customer!About the EpisodeLifeBlood: We...
Grow Scale Sell with Greg Alexander
EPISODE #1005 Grow Scale Sell with Greg Alexander We talked about the realities of service based entrepreneurship, the value of mentorship and collaboration, and how to understand leverage ratio!About the EpisodeLifeBlood: We talked about the realities of service...
How Do I Save Money?
“How do I have a great relationship with my significant other?” “How do I lose 25 pounds?” Questions like these are hard to answer. Behind my keyboard, the answers are simple. For example, it’s easy to say, if you want to increase your savings, spend...
How to Start Saving and Investing without Spending a lot of Time or Money
Getting started is hard. Once we get started, keeping going and finishing is also hard. These realities are what keep us from doing meaningful things because meaningful things are often difficult to do. So, the purpose of this post is to help...
How to Find Your Old 401k and Roll it Over without Paying Taxes or Penalties
Old 401(k)s. Odds are, you probably have one. Maybe it’s an account at a job you had for six months and there’s $1,000 in it. Or maybe it’s from a previous career where you were at the company for 10 years and there’s a $100,000 balance. Either way,...
Simplifying Life Insurance with Laura Adams
EPISODE #1019 Simplifying Life Insurance with Laura Adams We talked about the practical implications of life insurance, how many people overestimate the cost, dealing with the many details, the value of working with a professional, and how to get started!About 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!