Blog
Blog
How Not to Invest Your Money
Wealth from Wisdom is a weekly radio show from Carson Wealth.
Paul West: Warren Buffet, Peter Lynch, Carl Ichan, Charles Schwab. These are some of the most successful investors in the world. They faced the same challenges that you faced over the past several decades. You’ve seen markets go up, and guess what? They do go down. And we all saw that in December of 2018. Yet somehow, they’ve managed to stockpile all of this money. How do they do it? And what do they know that most of us don’t?
Blog
The Magic Retirement Number
Wealth from Wisdom is a weekly radio show from Carson Wealth.
Paul West: How much money do you think you’re going to need to retire? Everybody’s got this magic number, right? Well, what if I told you everything you thought was so magic about it, that you actually had it all wrong? What if I told you your magic number doesn’t mean anything?
Blog
4 Steps to a Retirement Savings Plan that Goes Beyond your 401(k)
By Pamela Peña, CFP®
I was standing in the middle of a sports bar with my coworkers when I saw him. He was sitting with a friend, relaxing and enjoying a beer. I just had to run over and greet him!
He quickly exclaimed: “I got a new job!” I jumped at the news and give him a big hug. But to understand the excitement, we have to back up a bit.
Blog
Volatility in the New Year
Wealth from Wisdom is a weekly radio show from Carson Wealth.
Paul West: Hey, let’s play a little bit of game called, what if, what if the market here, 2019 has the same impact that the fourth quarter had in 2018 what if we had an additional 20% correction? Or what if the market dropped by 2,500 points next week? Or what if the market actually had a 50% correction like it did in 2008 or what if the market dropped by 12,000 points? Hey, how’s that going to make you feel? Are you going to be going to sheer panic would be you’d be saying to yourself, you knew this was going to happen. You’re so smart. You went to cash, you got out. Then I’m going to guess you don’t know what you’re doing because you’re not going to know when to get back in. And that fear and that was gonna happen. And did you follow your gut? Read more
Blog
The Start of the 2019 Market
Wealth from Wisdom is a weekly radio show from Carson Wealth.
Paul West: The New Year will bring an unprecedented number of challenges for you and your money. Hey, it’s 2019 – one year away from 2020. Gosh, that sounds weird to say, doesn’t it? Hey, I’m Paul West, you’re listening to Wealth from Wisdom. My co-host is today is Erin Wood. Erin, welcome to the show.
Blog
I Finally Found the ‘Why’ in My Career. You Can, Too.
Published by Grant Nieland, CFPⓇ
At some point in all of our working lives, we ask ourselves “Why am I doing this job?” or “Why did I choose this career?”
I have asked myself that question at every position I’ve held over the past 10 years and it was hard to find answers. That is, until this position.
Blog
7 Year-End Planning Tips from a Wealth Planner
Published by Mark Petersen, Vice President Affluent Wealth Planning
The holidays are upon us, so that must mean it’s time for year-end income tax planning, right? In the past, I would have said yes, but that changed 12 months ago when the Tax Cuts and Jobs Act (TCJA) of 2017 was passed. Read more
Blog
How to Manage your Largest Asset
Wealth from Wisdom is a weekly radio show from Carson Wealth.
Paul: Your IRA or your 401k, maybe your largest asset and the single most important key to retiring successfully. But aside from looking at your balance on your statement every month, and by the way, if you’ve been doing that recently, it’s probably going the wrong direction. When is the last time you actually updated or rebalance your investments? Read more
Blog
3 Steps to Financial Independence: Ready Yourself for Retirement
By Pamela Peña, CFP®, Associate Wealth Advisor
I was running a few numbers recently – a part of my job that I find delightful – but this time it was a bit different. I was testing out various saving rates on my own financial plan instead of a client’s, which got me thinking: If I’m swimming in data when I do this for myself, what is everyone else doing? Read more
Blog
How to Retire in a Bear Market
Wealth from Wisdom is a weekly radio show from Carson Wealth.
Paul West: Retiring successfully today is more challenging than ever before and unfortunately it just got even more difficult. Read more
