Don't get ripped off by these shady investments that are basically scams in disguise.

I've seen too many people financially wounded from buying this crap.

Sign up for a free Personal Capital account here and track your net worth:

Today we are going to talk about INVESTING!!

Particularly, how to invest $500.

For some of you that may seem like nothing and for others that may seem like a lot. Like how do you even come up with $500. (But that is a whole other video).

So, if you have $500 and you want to start investing….how do you do it? Where do you go? What options do you have?

I’ve been a financial advisor for over 15 years. Of all the client meetings that I’ve had, there are only a handful that truly stand out, that I don’t forget. It’s those meetings where you feel the pain the client is going through.

At one particular appointment that I had, it was THIS one sheet of paper, that had the client spent 5 minutes to find out what it was all about, they would have saved $80,000!

It takes 5 minutes to double check - not spending that 5 minutes could cost you a lot.

Let’s take a look at what this piece of paper is and talk about how you can avoid the same mistake.

So I was meeting with a new client. We were sitting in my office and he was telling me how he had lost his mom recently. He has two brothers and they get along really well. I could connect with this because I have 3 boys. It made me think about how it would affect them if something happened to me and/or my wife.

So he is telling me this story of how he grew up, etc. He told me that his mother’s wish was for all three brothers to get ⅓ of her estate. Her estate included a house, an IRA, an annuity, and some other investments. The mother had a will set up and felt that she had done everything correctly.

In the Will, she set it up so that the oldest son was the executor, the one that would take care of all of the paperwork and details.

What’s up everybody? Back with another Wealth Hack Wednesday.

What I want to talk about today is understanding your personality type so that you can build your wealth a whole lot faster, for some accelerated wealth building.

Check out my good friend's Bob's YouTube channel here:

https://www.youtube.com/user/ChristianPFdotcom

-------

Yes I am a Christian. Does that make me better than you? Absolutely not.

Just because I am a Christian now, does not mean that I have lived my life without sin.

I do not want you to watch this video and think that you are being judged in any way.

I am here today in my buddy Bob’s office. We have been talking about doing a video collaboration for a while. We want to talk about how being a Christian has help us build better businesses.

It’s time for another Wealth Hack Wednesday!

I’m at the park today with my youngest son and he was just on the monkey bars. The first try, he didn’t do so hot. He fell down and he got a little frustrated. I told him, you didn’t do it the first time but you have to keep trying.

This made me think of all the times I tried something that didn’t work out. Sometimes, I didn’t just fail, I failed miserably. In those life lessons, when you fail it’s all about getting back up right?

I like to think of myself as a happy person. There’s not a lot of things in life that bring me down. Even if it is cloudy outside, I can find a way to make the day good.

Growing up I had no idea what being wealthy even meant.

I didn’t understand, I guess what rich was, I thought rich was driving a corvette or being able to go out to eat more than once a week. It took me a while to figure it out.

When I started looking at other people that I consider being wealthy or having obtained wealth, I started realizing what made them different. They were more successful than all the people talking about getting wealthy or becoming wealthy, but never did.

Growing up I had no idea what being wealthy even meant.

I didn’t understand, I guess what rich was, I thought rich was driving a corvette or being able to go out to eat more than once a week. It took me a while to figure it out.

When I started looking at other people that I consider being wealthy or having obtained wealth, I started realizing what made them different. They were more successful than all the people talking about getting wealthy or becoming wealthy, but never did.