Tag: Investing Your Money
Building a Trusting Relationship with Your Financial Advisor (Ep.27)

Building a Trusting Relationship with Your Financial Advisor (Ep.27)

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Let’s discover how frequent, personalized communication can make a significant impact on your retirement planning.

In this episode, Ryan Poterack sheds light on the unparalleled importance of building a personalized relationship between advisors and clients. By focusing on both the financial and personal aspects, PCA helps soon-to-be retirees overcome pre-retirement anxiety with insightful tax planning and asset allocation strategies. 

Key episode discussion points include:

  • Building a candid relationship through frequent, personalized communication is key to successful financial planning
  • Recognizing and addressing individual client stories, fears, and biases can lead to better financial outcomes
  • The importance of tailored tax planning based on each client’s unique financial situation.
  • Frequent, personalized communication helps in understanding the client’s real needs and objectives, reducing the risk of misalignment

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

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Market Timing vs. Time in the Market & Other Market Volatility Concepts (Ep.24)

Market Timing vs. Time in the Market & Other Market Volatility Concepts (Ep.24)

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Timing the market is often a perilous venture that can derail your long-term financial goals. Let’s discuss why maintaining your investment strategy during uncertain times is crucial for achieving financial stability.

Join us as we explore the dangers of market timing. Learn from Ryan Poterack’s extensive experience and gain valuable insights on why staying the course often yields better results than trying to predict short-term market movements. 

Ryan dives deep into the emotional and psychological aspects of investing, helping you understand the true value of a long-term investment strategy.

Episode discussion points include:

  • The unpredictability of market timing and its potential pitfalls
  • The importance of “time in the market” for long-term investment success
  • Real-world examples demonstrating the perils of reactive investing
  • Insights into emotional and psychological factors influencing investment decisions
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

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When to Hire a Wealth Manager & Other Insights for Young Investors (Ep.20)

When to Hire a Wealth Manager & Other Insights for Young Investors (Ep.20)

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Are you navigating financial planning as a young professional or gearing up for retirement? 

Alec Quaid sheds light on the common misconceptions about wealth management among young investors. Learn why starting early can be your biggest financial leverage, how to manage student debt without pausing your life, and why the decisions you make today matter more than you think. 

Plus, uncover investment strategies that go beyond the spreadsheet, ensuring your financial plans mature as beautifully as you do. 

Discussion points include:

  • Deciding when to engage a wealth manager  
  • Effective management of student debt and its relationship with financial stability and future growth
  • How understanding the power of time can transform your approach to retirement savings
  • Constructing a personalized strategy that aligns with your values, objectives, and life situation 
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

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Unveiling the Hidden Costs in Your Investments (Ep.19)

Unveiling the Hidden Costs in Your Investments (Ep.19)

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Let’s talk about the fees involved with investing your money, even those pesky hidden ones.

Ryan Poterack is discussing the importance of understanding fees in investments and how they impact returns. Ryan emphasizes the significance of value over cost, highlighting that fees should be equated to the value and services provided. 

The discussion explores the various types of fees, including visible ones like advisory fees and expense ratios, and hidden costs like trading fees and turnover expenses.

Episode discussion points include:

  • The various fees in financial management & related fees to the value provided by advisors
  • Behavioral coaching helping people make informed, rational decisions amid market uncertainties and emotional triggers
  • The benefits of seeking professional help & the value of time, desire, and knowledge that a wealth manager can provide to enhance investment strategies
  • Why fees are not necessarily small and how they can impact investment returns significantly
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: 

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