It's episode 061 of the Recession Proof Real Estate Investing Podcast, and Sam Newell is sitting down with Scott Pyle.

Scott has over thirty years of experience in the financial industry. His extensive background in financial management includes executive positions with Merrill Lynch, Morgan Stanley, and Wachovia Securities. He is an Accredited Asset Management Specialist (AAMS) and Wealth Management Specialist (WMS). He continues to serve individuals and families through comprehensive financial planning at Pyle Financial Services, Inc.

In addition, Scott serves as the Senior Advisor to Dr. John Maxwell Foundation infusing biblical leadership principles into the culture around the world. He also serves as the Senior Advisor to the Executive Team of Athletes In Action helping sports-minded people think and live biblically.

On This Episode:

• Learn the value of staying in your lane as an investor.
• Scott breaks down the difference between gambling and investing.
• Sam and Scott discuss aligning wealth and purpose.
• Find out why you shouldn’t necessarily invest in rapidly growing areas.

Key Takeaway:

When identifying a good investment:

1. A good return should be the starting point
2. Ask yourself, "How does it align with what I’m already doing?"
3. Ask yourself, "Does it add value or increase my visibility?"
4. Ask yourself, "Does it bring credibility to me within a marketplace or am I just chasing returns?"

Tweetable Quote:

“Return OF your money is just as important as return ON your money.” – Scott Pyle

Connect With Scott Online:

Facebook:

https://www.facebook.com/RonaldScottPyle / https://www.facebook.com/Pylewealthmanagement

LinkedIn:

https://www.linkedin.com/in/ronaldscottpyle/

Website:

https://scottpyle.com/

https://www.pylefinancialservices.com/

Disclaimer: Securities and Advisory Services offered through Prospera Financial Services. Member FINRA/SIPC