On today's show we talk about the MarketWatch article about by driving a older car you are on the "road to riches" 

Article Link

https://twitter.com/beyondfinances/status/1140665525556645897

Tweet of the Week 

Colin brings up a question he continues to hear which is, "I need to diversify my income sources." We discuss why and how this makes sense and when it doesn't. 

On today's show Ian shares an articles from fellow XYPN member David Rae: Money and Happiness & from Nature: Happiness, income satiation and turning points around the world

 https://www.forbes.com/sites/davidrae/2019/06/10/lgbt-community-happy/#37cc3ebf5fa8 

 https://www.nature.com/articles/s41562-017-0277-0 

Isaiah's Tweet of the Week - You are taking the Stairs Tim Ferriss & Julie Rice

The boring big news out from the Security and Exchange Committee's Regulation Best Interest - Why it matters and a simplified breakdown. Reference article  https://www.financial-planning.com/opinion/the-secs-regulation-best-interest-and-new-form-crs-are-disappointing-even-shocking 

Check to see if you work with a Broker https://brokercheck.finra.org/

Blog Article Explaining some key difference  https://www.growingyournetworth.com/is-financial-advice-an-asset-or-liability-part-1-whats-your-title/ 

Colin and Ian talked about this trip to FPA NextGEN and the future of financial planning. What they've learn and how the industry of financial advice is changing. 

Dwight's tweet of the week going meta with the talking about, " What we die from, what we worry about dieing from and what the media tells us we die from. "

Link:  https://twitter.com/iand/status/1134113358758776832 

Isaiah talks about a recent article from Rick Ferri talking about his experience "Free" Retirement Dinner and the financial salesperson hosting the meal and presentation. 

Annuity Sales Statistics "64.8% of total sales last year were sold into retirement plans". :

In this episode we chat about when does holding more cash make sense? When is it a poor decision? Did you know that the best performing asset class in 2018 was cash? 

Tweet of the Week: Dr. Daniel Crosby's  crack at trying to decipher the fundamental building blocks of good investor behavior. 

Why do employer benefits get so overlooked by financial advisors? The items to look for and think about when digging into your employee benefits at work.

Disability Blog Post:  https://www.growingyournetworth.com/six-critical-features-of-a-rock-solid-disability-policy/

 For all episode show notes visit: https://coverweg1.wixsite.com/financialfoursight/articles  

In this episode we discuss is buying a home better than renting? Is a house an investment? Why we all three own homes. 

 https://www.usatoday.com/story/money/columnist/2018/03/04/hear-you-but-your-home-still-lousy-investment/388540002/

https://twitter.com/charliebilello/status/1102316373500407808

https://www.businessinsider.com/reasons-not-to-buy-a-home-financial-planner-2018-7

https://www.businessinsider.com/cost-to-buy-a-house-in-every-state-ranked-2018-8

Tweet of the Week: Financial Literacy and Money Spent -  https://twitter.com/ReformedBroker/status/1127565807553216519 

Bitcoin is rising again, are Cryptoassets worth owning? Why Colin owns it and when he bought. 

Our suggestion for the best follow on Twitter for an honest take on Crypto - Tyrone Ross -  https://twitter.com/TR401 

For all episode show notes visit: https://coverweg1.wixsite.com/financialfoursight/articles 

Warning: Game of Thrones Spoiler mentioned

On this week's show we talk about: 

Uber's IPO and IPO's in general. Why they often aren't a purchase worth making. The challenges of investing at the IPO and more.

Resources:   https://awealthofcommonsense.com/2017/03/the-downfall-of-the-popular-ipo/ &   

https://www.investopedia.com/ask/answer/12/ipo-lockup-period.asp

Tweet of the Week: https://twitter.com/justglew/status/1104648009415966721?s=12

Schwab's Modern Wealth Survey: https://www.bloomberg.com/news/articles/2019-05-13/how-much-money-do-you-need-to-be-wealthy-in-america

Resources Referenced: Sudden Wealth - Susan Bradley 

We chat about the following

Show Notes at  https://coverweg1.wixsite.com/financialfoursight 

Tweet of the week article

https://www.physicianonfire.com/financial-independence-versus-financial-freedom/

Colin’s shameless plug to video blog about investing during market highs

https://www.youtube.com/watch?v=cmZO369ITfc

Tired of boring financial podcasts? So were we...so we decided to have a little fun and create something that provides content that someone can learn from and still enjoy. 

Take a listen and let us know your thoughts at [email protected] or check out https://coverweg1.wixsite.com/financialfoursight 

To follow us on Twitter: 

Ian Bloom -  https://twitter.com/IanHBloom 

Dwight Dettloff -  https://twitter.com/WindingTrailFin 

Isaiah Douglass -  https://twitter.com/IDFinancial 

Colin Overweg -  https://twitter.com/advizewealth