Posts in category "The Invested Life"

To Roth IRA or Not to Roth IRA

Thumbnail image for 'To Roth IRA or Not to Roth IRA'
Traditional IRAs and Roth IRAs are financial vehicles designed for retirement. If you’re not participating in a 401(k) plan at work, you may be enticed to contribute money towards an IRA because it comes with tax deductibility and tax credits based on how you file income taxes. Although the upfront benefits of an IRA are... Read more »

Establishing Your Financial Priorities - The Invested Life Season 2 Episode 4

Thumbnail image for 'Establishing Your Financial Priorities - The Invested Life Season 2 Episode 4'
After a big loss in the Tech Bubble making Tom shy away from the stock market, I felt it best to introduce Tom to Gregory White, an Adjunct Professor at the Kellogg School of Management at Northwestern University. While Gregory takes notes, he helps Tom understand the concern he has for his family’s welfare in... Read more »

Getting the Most From Your Financial Coach

Do you cherish the typical experience when visiting a doctor?  You sit in a waiting room long past your appointment time.  A nurse eventually takes your vital signs as you explain the reasons for your visit. In your best words, you explain your discomfort. Your doctor comes in, briefed by the nurse and their assessment. ... Read more »
Advertisement:

Winning the Money Game - The Invested Life Season 2 Episode 3

Thumbnail image for 'Winning the Money Game - The Invested Life Season 2 Episode 3'
In this episode, I draw an analogy of winning the money game with my favorite sport…football!  I explain that in order to win the money game, you have to think of your financial strategies like building a championship football team. With Tom’s current investments in real estate, I make an analogy that this is like... Read more »

Financial Field Trip - The Invested Life Season 2 Episode 2

Thumbnail image for 'Financial Field Trip - The Invested Life Season 2 Episode 2'
In the last episode, Tom admitted his fear of re-engaging in investing.  After all, who wouldn’t be afraid of the stock market after losing $500k in a day? (Or worse, telling everyone of your friends that the stock market is bad, bad, bad!) In this episode, Tom faces his fear head-on.  This time though, he... Read more »

The Invested Life Video Blog S2 #1: Rebuilding Your Financial Confidence

The Invested Life Video Blog S2 #1: Rebuilding Your Financial Confidence
You most likely have experienced or someone you know face a significant loss in the stock or real estate market. Many people have had to set back their retirement date, come out of retirement or giving up on the idea of ever reaching the goal of financially independence all together… As we begin season two... Read more »
Advertisement:

Meet Tom Stanley of High Rise Investments: My Client for Season 2 of The Invested Life

Podcast Powered By Podbean How would you feel if you lost $500,000 in ONE day and later have to deal with reinventing yourself from life after bankruptcy?  Could you imagine what you would have to deal with financially, emotionally and personally?  Well, Tom Stanley persevered and did just that.  Today, he owns High Rise Investments,... Read more »

Stable in Santa Fe - The Invested Life SEASON ONE FINALE

Stable in Santa Fe - The Invested Life SEASON ONE FINALE
For the season finale (episode 6), Tom takes me out hiking on a trail in the Santa Fe mountains at 9,000 feet!  Talking about money as such high altitudes has me short of breath…probably why we are here so I can shut up and enjoy the view! LOL! When we do not understand something, our... Read more »

The Invested Life Video Blog #5: Get Your Financial Swagger ON!

The Invested Life Video Blog #5: Get Your Financial Swagger ON!
It is hard to ignore negative financial news today which may create a sense of HEIGHTENED RISK. You’ve seen people who years ago were doing well and now, having a healthy slice of humble pie. In my opinion, carrying a MINDSET OF WORRY and FEAR, IS in ITSELF a RISK! While coaching up Tom through... Read more »
Advertisement:

Hitting a High Note - The Invested Life Season 1 Episode 5

Hitting a High Note - The Invested Life Season 1 Episode 5
Tom agrees to protect the income generating resource he has, which is his ability to sing.  How?  He is looking into voice and/or disability insurance to provide him the cash he needs in case he cannot step on stage to perform for an extended period of time.  This way he doesn’t have to dip into... Read more »