Wise Money Tools

Hi everyone, welcome to another wealthy and wise Wednesday, hope you are doing good whether you are listening to the podcast or the video, hello. And today I wanted to talk about this concept that is very prevalent in financial planning world and the concept is called dollar cost averaging and essentially I think it gets misused quite often because dollar cost averaging is different than what most...

Investing in a retirment plan assumes you are going to save money in taxes in the long run, but will you? What are your choices? How do they work? How can you WIN with a retirement plan? [00:00:21] Hi everyone, welcome to another wealthy and wise Wednesday, I hope you are doing great? Welcome to the podcast, welcome to the video whichever you like first, I am probably a little late getting this ou...

[00:00:21] Hi everyone and welcome to another wealthy and wise Wednesday, hope you are doing great, hope your weeks are going good so far and we are going to finish strong. You know last week we talked a little bit about some winning tips to help you in your financial situation and I want to add to those this week, some of them are a little bit interesting because you know I don't really like to d...

7 Winning Financial Tips! Know where your money is and where it's going! Put a GPS on your cash! Change your W4 and save the additional income you'll get from reduced taxes. Build Emergency and Cash Reserve account. Knock out some debt! Pay your self first! Build your banking system for capital, planned purchases, opportunities, tax advantages. Learn and educate yourself about investments.

This is a snow-bike. It's a dirt bike converted to ride in the snow.                   Scene 1: In this scene you see people climbing the Wall Street Wall, making their way towards wealth. Most do it without the safety of a rope. Scene 2: When the markets crash, those without a rope will tumble to their financial demise. Moral of the story - "Sometimes you want to climb with a rope." There are way...

Hi everyone, welcome to another wealthy and wise Wednesday, glad you can join me today on this podcast and video, hope is going well for you. Today, I am going to spend quite a bit of time on this chart that I was recently given and I think it is pretty telling for a lot of different reasons. You know we have kind of got this mindset that wall street keeps us in, you know a few weeks ago, I shared...

What can tip the scale to send the market down into a correction or dip? In this episode, we'll talk about how inflation can be a spark to ignite a market burning.

What is going on in the market today? As of 15 minutes before the close the DOW Jones is down nearly 1000 points. This is a special episode and what this might mean to you.

Hi everyone! And welcome to another Wealthy and Wise Wednesday. We're halfway through the week, just a couple more days until the weekend. Although if you're like me, I don't get much of a weekend. Seems like always something going on and it's a time for me to catch up on some of the books and videos that I like to watch to keep up with what's going on in the financial world. Anyway, hope you're h...

00:00:29 Hi everyone! And welcome to another podcast, another video on this Wealthy and Wise Wednesday. Hope you're doing great and ready to finish out the week strong. 00:00:41 So I've been thinking about this concept for quite some time, and the concept is basically, how we're persuaded to invest and save by called traditional financial advisors. And as I thought about this and thought about thi...

Dan Thompson has Justin Walker and Jeremiah Vickery with him on this podcast. We talk about some of the financial mistakes we made when we were younger. 00:00:31 Dan:                Hi everyone! And welcome to our Wealthy and Wise Wednesday podcast and video. Today, I brought Justin Walker. 00:00:39 Justin:                        Hi guys! 00:00:40 Dan:                And Jeremiah Vickery. 00:00:41...

Why Annuities Seem Confusing Hey, thanks for joining us on this podcast. Before I forget, I'd love to hear from you. I get questions all the time from our listeners and viewers, but what I'd like you to do is send me a topic or two that you would like to hear more about on a future podcast. Go ahead and send your suggestions to questions@wisemoneytools.com and in the subject line, put TOPIC. Okay,...

Well, hi everyone! Welcome to another Wealthy and Wise Wednesday. In this podcast and video, I wanted to cover a few critical issues that come up regularly, as people call in from all over the country. They like the idea of a well-engineered High Cash Value Life Insurance Policy but want to know exactly where it fits in. 00:01:01 So let's talk about that for a second here. If we break down the ste...

Hi everyone! And I'm glad you could join me today on our podcast or video on this Wealthy and Wise Wednesday. Hope you had a great week especially since this is probably going to be posted just a few days after Christmas. 00:00:14 I hope you had a wonderful Christmas. Christmas is always a great time around our home. Even our older kids still love it, get a little bit anxious and excited. It's rea...

Hi everyone and welcome to another Wealthy and Wise Wednesday. We're pushing right up to Christmas. It's getting kind of exciting, seems like every time I go out on the streets, it gets more and more and more crowded. How is it in your part of the country? 00:00:18 So you could get really frustrated with trafficking. I grew up outside of the bay area in California and before my wife and I moved ou...

Hi everyone and welcome to another Wealthy and Wise Wednesday. Glad you could join us for our podcast. 00:00:07 We're pushing into the Christmas season. We're just a…gee...we're just a few weeks away. Always excited for the Christmas season especially with family coming home and all that good stuff. Our youngest daughter is away at college and she'll be home with us for a few weeks and I'm definit...

Hi everyone and welcome to another wealthy and wise Wednesday. Hope you're doing great? Got a little background music going for you here. Maybe that will trigger a lot of memories for some of you with a little gray like I do and for others I just want you to know that the greatest music ever in the history of America was pretty much the seventies. So check it out. Anyway, I love those that era. We...

Well, hi everyone! And welcome to another Wealthy and Wise Wednesday. Glad you could join us on our video and podcast today! So how was last week for you? Last week was Thanksgiving. I hope you had a great one, ate a lot of Turkey and pie and maybe had a good nap too. 00:00:30 At the risk of dating myself, I'm going to tell you one of my favorite things as far as music is concerned, I love the old...

00:00:32 Hi everyone! Glad you could join us today. We've got kind of a podcast/videocast thing going on and glad to have you with me. This podcast is going to come out on Wealthy and Wise Wednesday, the day before Thanksgiving. So tomorrow is Thanksgiving. I hope you have a really good one. I hope you've got a lot to be thankful for and I hope you have family and friends around you to enjoy the d...

00:00:47 Hi everyone! This is Dan Thompson. And I want to welcome you again to another Wise Money Tools podcast. We're also going to shoot a video on this as well. 00:00:56 Today, I thought it would be good to talk about what we'll call Debt Discipline . 00:01:00 Now, don't get too worried about it. We're not going to talk about debt and get you all depressed and all that stuff. We're really wanti...

This is Dan Thompson and welcome again to our Wise Money Tools podcast. I want to ask you a question here. So if you could go back in time and see yourself, let's give ourselves, 15 or 20 years—what advice would you give yourself? Sometimes I think, if I could go see myself 20 years ago, what advice would I give myself? You remember that show Back to the Future II ? This is where Biff, since he go...

What is Sequence of Return? Does it matter? Find out what happens when it's time to retire and withdrawal money for income. You may be surprised at how the markets can either give or take away years of income. Be prepared by understanding the risks, and the gamble of sequence of returns.

I wish I kept some kind of count as to how many people I've talked to over the past nearly 33 years. I know it's in the thousands for sure. What is interesting is that even though there are some common themes, frustrations, goals and objectives, that run through people's financial situations, everyone is just a bit different. I realized early on that there is no such thing as cookie cutter financi...

A few years ago, I was talking with a couple who were about 2 years away from retiring. They had no idea how they were going to live. Don't get me wrong, they had a pile of money and lots of assets, but no plan as to how or where the income they needed would come from. As we looked at their investments and assets literally everything except about $50,000 was invested in the markets, all at risk, a...

The truth you must know about retirement. The pension is all but extinct. Retirement income is all on you. Where is it going to come from? What percentage of your assets can you spend each year, to make sure your money will last as long as you do? Everything has changed - and what you don't know, can hurt you. We'll talk about the critical retirement information you need to have a successful and w...