Today we’re joined for a roundtable discussion with Anthony Guzman and Phil Francois to explore the fundamentals of investing, including employer-sponsored retirement accounts, risk management, and investment strategies that align with personal values. We distinguish between investing and gambling, emphasizing that while both involve risk, investing is strategic and based on positive expected returns. Key principles such as diversification, market participation, and moral screening help build a sound investment strategy while mitigating risk. Opportunity cost plays a crucial role in investing, as conservative strategies offer stability but may not keep pace with inflation, making a balanced approach essential. Ultimately, investing should be goal-oriented, tailored to different life stages, and focused on both financial growth and thoughtful spending. We conclude with practical steps: assessing current strategies, ensuring alignment with long-term objectives, and seeking professional guidance when needed.

Phil Francois is a Certified Financial Planner and founder of Foundation Wealth Planning, dedicated to helping families and business owners navigate financial complexities with a faith-based approach rooted in biblical principles. Anthony Guzman is a fiduciary financial planner dedicated to helping families and individuals achieve peace of mind through holistic financial planning, guiding them to make prudent decisions and steward their resources wisely.

Key Takeaways:

• Financial decisions should reflect personal beliefs, whether through faith-based stewardship or ethical investing.

• A comprehensive financial strategy considers not just investments but overall life goals, risk tolerance, and family priorities.

• Spreading investments across different assets helps mitigate risk and enhance long-term stability.

• Effective financial planning involves optimizing what God has provided to support family, community, and faith-driven goals.

• True financial well-being comes not just from accumulating wealth but from thoughtful spending and alignment with values.

• A trusted advisor helps align financial strategies with personal and family objectives.

Key Timestamps: 

(00:00) - The Basics of Investing and Money Management

(03:49) - The Importance of Diversification in Investing

(13:16) - Managing Risk and Reward in Investments

(19:35) - Fine-Tuning Your Portfolio

(35:46) - Practical Tips for Managing Your Investments

Key Topics Discussed:

Catholic Money Mastermind, Catholic financial planning, Catholic financial planners, Catholic financial advisors, Ben Martinek, faith and finances, gambling vs investing, risk, inflation, diversification, investment portfolio

Mentions:

Anthony’s Website: https://www.pioneerwealth.com/

Phil’s Website: https://www.foundationwealthplanning.com/ 

More of Catholic Money Mastermind:

Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

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