180 – 6 Ways Financial Advisors Are Paid

Ever wondered how financial advisors really get paid? Join Christian Financial Advisors as Bob and Shawn discuss the six types of payment and the potential conflicts of each. They emphasize the importance of transparency and encourage clients to ask their advisors about their payment structure.

Just a couple of the ways financial advisors get paid include hourly fees and salaried advisors. They also highlight the potential conflicts of interest that can arise when advisors are motivated by large upfront commissions.

179 – Why Traders Are NOT Investors

Ready to clear up a big misconception in the financial world – are traders and investors the same thing? Spoiler alert, they’re not. From Warren Buffett’s long-term growth strategies to the quick buck culture of trading, Bob and Shawn demystify these often confused terms.

Traders focus on short-term profits and are often compared to professional gamblers, while investors have a long-term perspective and aim to build wealth over time. The misuse of these terms by financial websites can lead to confusion and misconceptions about investment strategies. The need to differentiate between traders and investors in financial writing is extremely important in order to receive more accurate advice.

178 – What God’s Word Says About Money Part 2

Bob and Shawn finish the second half of their series on “What God’s Word Says About Money”. They discuss the importance of saving and investing, inheritance, seeking wise counsel, and faithfulness according to Biblical teachings.

Listeners are highly encouraged to seek wisdom from trusted advisors and to be faithful stewards of their resources, emphasizing the order and responsibility that comes with building wealth. As always, several scriptures are highlighted that emphasize the significance of these topics and provide real-life applications.

177 – What God’s Word Says About Money Part 1

Bob and Shawn get back to what Christian Financial Perspectives is really about by delving into key scripture on what the Bible says about money, finance, and stewardship. In part 1, they cover four key biblical principles related to finances: honesty, debt, giving, and ownership with scripture references and real-life applications for each principle.

The importance of honesty in business dealings and the benefits of living debt-free is emphasized, as well as the joy and significance that comes from giving and the responsibility of stewarding God’s creation. Don’t forget to check out part 2 that will be covering saving and investing, inheritance, seeking wise counsel, and faithfulness!

176 – 10 Ways to Sabotage Your Investment Portfolio

Avoid these common mistakes when it comes to your investments! Bob and Shawn discuss the 10 ways they often see clients sabotaging their investment portfolios. They emphasize the importance of discipline, wisdom, and seeking counsel in making investment decisions.

Whether it is a client making large frequent withdrawals or even treating their investment portfolio like a savings account, there are many ways to sabotage your investment portfolio without knowingly doing so. They stress the long-term consequences of these behaviors and the need to be good stewards of one’s finances.