162 – Using Emotions As An Investment Strategy

Podcast Episodes

When we hear descriptions from news outlets about the stock market, newscasters love using big words that play on our emotions. Words such as skyrocketing and plummeting are often in their vocabulary. However, instead of playing on the emotions that words like this evoke, what if we used that information to help understand the stock market better?

Bob and Shawn discuss our much talked about “Cycle Of Market Emotions” chart. By understanding the rollercoaster cycle of emotions when it comes to the stock market, only then can we better anticipate and control our decisions because they are based on information gathered instead of emotions felt.

161 – What’s Your Financial Personality

Podcast Episodes

What type of financial personality are you? You can find out in this episode where Bob and Shawn cover the different types of financial personalities out there. They have divided them into four financial categories that seem to cover most types of people. You might be a…

1. Saver
2. Spender
3. Giver
4. Investor

For most people, one category is usually more dominant. Once you figure out which category you dominate, then you can better understand how to spread your finances out a little more over all of these financial areas and not just one.

160 – Avoid These Financial Mistakes

Podcast Episodes

Buckle up for this great episode on avoiding some of the top financial mistakes that are commonly seen by Bob and Shawn. They have pulled from their past experiences and from the experiences of clients to create a list that can help you avoid these costly financial mistakes in the future.

These financial mistakes include the error of taking financial and investment advice from anyone other than a financially successful individual or a financial advisor (which both Bob and Shawn have friends and clients to which this has happened), as well as more common ones like avoiding procrastination. Before these happen to you, listen in so you can try and avoid these top financial mistakes!

159 – Teaching Kids Good Money Habits

Podcast Episodes

Teaching kids good money habits doesn’t have to begin when they are teenagers, it can start as young as 4 or 5! It all begins with educating your children on 3 simple areas when it comes to finances:

1) Give
2) Save
3) Spend

By breaking down finances into these 3 areas, it allows even the youngest of children to have a better idea of how to manage their money properly at a young age. Throughout this podcast episode, Bob and Shawn delve into the ways of incorporating good money habits into your kids’ lives. Not only are these basic concepts a great introduction for children to establish financial responsibility, but it can also be an excellent beginning point for those who have never incorporated good money habits into their lives before.