Every once in a while, financial concepts or strategies get misunderstood or misconstrued. It’s important to understand what you have and why you have it. On today’s show, we break down some financial ideals to find the “mistruths” or lies that can mistakenly be adopted.
Trying to beat the market? Make sure your strategy is focused more on your long-term goals instead of get rich quick schemes. When you invest, make sure you understand the fine print. You might think you don’t have fees, but there’s always a fee somewhere. Banking on your tax rate being low in retirement? Know what it takes for that to happen instead of assuming it’s a given.
Here’s what you’ll learn on today’s show:
- “We can beat the market.” 1:40
- “There are no fees.” 3:39
- “Your tax rate will be much lower in retirement.” 8:11
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
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