Are you letting the market downturn and the recession keep you from taking a close look at your finances? If you aren’t spending time repositioning your investments, you might be making a decision that will take years to overcome. Find out what Joel is telling his clients and why it’s vital that you avoid complacency during a financial crisis.

 

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Today's show schedule: https://johnsonbrunetti.com/?p=5358 

 

0:20 – Where is Joel broadcasting from this week? 

1:15 – An update on Joel’s children during this quarantine and what’s coming.

3:03 – Big companies are big companies for a reason.

4:51 – What is the job market going to look like in the near future?

7:14 – What we’re talking to clients about right is avoiding complacency right now. 

8:31 – It’s time for a giant reset for everyone.

10:18 – What would you say to someone to motivate them to stop being complacent?

14:43 – Mailbag Question #1: Is it better to work with an advisor that charges an hourly fee for advice or someone who charges a management fee based on percentage of assets?

19:37 – An advisor helps people make those tough decisions they wouldn’t make on their own. 

21:29 – Mailbag Question #2: I’m nervous about how much money I have in the stock market. What’s the right amount for me to have invested in my late 50s?