Fierce Fiduciary

Home
Fierce Fiduciary

We host the Fierce Fiduciary Podcast and run Fierce Fiduciary Academy. Timeless information and education to help you make better financial decisions. No ads.

No "hot stock picks."

07/08/2024

Study this if you are a buy-and-hold S&P 500 investor.

05/08/2024

This is the bear market of 2000-2022. It lasted just over 30 months.

02/08/2024

Markets are getting spicy again. Extra layers of diversification tend to smooth out the bumps. There are better ways than the guessing game and buy-and-hope.

Multi-asset, Multi-strategy, & Multi-frequency

18/06/2024

Do you have a dream beyond retirement?
After nearly 3 decades of working with retirees, I can assure you that retirement is not the finish line.

17/05/2024

Most of your financial mistakes will be from your psychological biases/errors that seem like a good idea at the time.

22/02/2024

When cellular goes down, what is your backup communications plan? Internet? Radios?
Satellite Phone?

15/02/2024

Some good things to measure. The numbers shown are a combination of national averages (sorry, California) and some very basic rules of thumb from various sources.

07/02/2024

A Guide to Spotting Scams

In the world of investing, opportunities to grow our wealth are plentiful, yet so are the risks. It's a journey that requires caution, as the path is dotted with both legitimate opportunities and potential pitfalls. Today, I want to share some insights into identifying red flags in both traditional and crypto investments, aiming to empower us to make informed decisions.

Firstly, let's talk about affinity fraud. This type of scam preys on the trust within communities or groups, where a seemingly trustworthy individual offers an "exclusive" investment opportunity. It's a reminder that even within our circles, it's essential to verify every opportunity independently.

The promise of high returns with no risk is another common red flag. The rule of thumb in investing is that high rewards usually come with high risks. Any investment claiming otherwise deserves scrutiny.

Pressure to invest immediately should always raise an eyebrow. Genuine opportunities don't demand rushed decisions. Scammers use urgency to prevent you from uncovering the truth.

In the crypto world, be especially cautious of guaranteed high returns and investments wrapped in complex jargon. These tactics aim to dazzle and confuse, making it harder to spot the risks involved. Additionally, always ensure any party you're dealing with is properly licensed and registered.

Investing is an essential component of our financial wellbeing, but it's equally important to approach it with a critical eye. Whether considering traditional investments or venturing into the digital asset space, thorough research is your best defense. Remember, if it sounds too good to be true, it probably is. Let's stay informed and protect our financial futures together. Stay safe, everyone.

03/02/2024

Besides making more income from work, what money skill do you want to get better at?

26/12/2023

Imagine effective, high energy financial planning/wealth management without needing to set goals, write a budget, or maintain a bazillion trust entities and LLCs. What else needs to change?

25/05/2023

Considerations When Making Financial Decisions: TIME

Research from Morningstar has shown that longer-term decision-making tends to lead to better results.
1. Plan as far ahead as possible.
2. For big goals like Retirement, think in terms of Years and Decades, NOT days, weeks or even months.
3. Try to avoid making rushed, last-minute decisions, because you may not have time to evaluate all available options, or the expected impact of your decisions.
4. When considering complicated and expensive strategies, take time to step away so you can look again at your decision under a different light.
5. Learn about how the Markets have moved over time.
6. Consider how long it will take to implement/execute your decision.
7. Will you remember why you made your decision over time?
8. If ongoing actions are required over time, is there sufficient documentation to make sure your decision is not under-minded in the future?

24/05/2023

Four controllables exist when investing.
1. Contributions/withdrawals
2. Risk (allocation, rebalancing, selection, hedging)
3. Taxes (capital loss harvesting, asset location, ownership)
4. Avoid unnecessary expenses

Address

Website

https://app.redcircle.com/shows/6a81c741-1eb6-4b8f-8f70-fcd9bc36f51f/sponsor

Alerts

Be the first to know and let us send you an email when Fierce Fiduciary posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Want your business to be the top-listed Media Company?

Country:

City: