Many investors spend their time worrying about the next market move. The more important question is whether they have a sound investment strategy in place.

In this episode, Joe DeLisi shares the foundational principles that have guided his approach to wealth management for nearly three decades. Drawing from years of experience helping business owners, executives, physicians, and high-net-worth families, Joe explains why successful investing is less about predicting the future and more about following a disciplined process.

You'll learn why diversification remains one of the most powerful tools available to investors, how emotional decision-making can damage long-term results, and why focusing on what you can control often leads to better financial outcomes than chasing market predictions.

If you're building wealth, preparing for retirement, or simply looking for a more thoughtful approach to investing, this episode provides practical insights that can help you stay focused on your long-term goals.

In This Episode:

• The core principles of successful investing
• Why discipline often beats prediction
• The role of diversification in managing risk
• Common investor mistakes and how to avoid them
• Investing versus speculation
• Building a strategy designed to weather market uncertainty
• How successful investors stay focused during volatile markets

The Joe DeLisi Financial Podcast helps successful professionals, business owners, and families make informed financial decisions so they can pursue financial independence with greater confidence and clarity.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

After nearly 30 years in the financial industry, Joe DeLisi reflects on the long path that shaped the way he invests client money today. In this episode, Joe shares how he entered the business with no finance background, the lessons he learned early in his career, and why his philosophy eventually shifted toward evidence-based investing.

This is a look at experience, mistakes, mentorship, and the process of building conviction over decades in the industry. He also explains why younger advisors increasingly ask where this philosophy comes from and why so few people truly practice investing this way.

If you have ever wondered how an advisor develops the beliefs that guide client portfolios, this episode offers an honest and thoughtful answer.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

In this special episode of the Westpac Wealth Investment Podcast, host Joe Dalisi sits down with Nash Subotic, founder and CEO of Westpac Wealth. From humble beginnings in a small Hawaii office in 2008 to a national firm with 220 advisors, nearly 400 team members, 30+ offices across 11 states, and over $5 billion in assets under management, Nash shares the remarkable growth story and unwavering investment philosophy that built it all.

Nash and Joe discuss:

• Why history always repeats itself in markets — and how a long-term, science-based approach beats speculation
• The power of global diversification, including international and small-cap value stocks
• Staying disciplined during market crashes (including their 2020 playbook that helped clients stay invested)
• Why protection-first planning, tax strategies, estate planning, and comprehensive wealth management matter more than chasing hot trends
• Nash’s personal journey from war-torn Bosnia to building a client-first firm in America
• The firm’s commitment to educating advisors and clients to do what’s right — not what’s popular

Filled with practical wisdom, candid stories, and refreshing honesty, this conversation reveals what truly sets Westpac Wealth apart: a leadership team that lives their philosophy and always puts clients’ long-term success first.

Whether you’re a client, advisor, or anyone serious about building lasting wealth, this episode is packed with timeless insights you can trust.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

War in Iran, Strait of Hormuz Disruptions, and What It Means for Your Portfolio

In this episode, Joe DeLisi discusses recent geopolitical events involving Iran and the Strait of Hormuz and how markets have reacted so far. He shares year-to-date performance data (as of early April) showing the S&P 500 down approximately 1%, while certain small cap value strategies have performed stronger.

Joe reviews how diversified, allocation-based portfolios, with significant exposure to small and value stocks, have held up during this period of uncertainty. He emphasizes that past performance does not guarantee future results and that no one can predict how markets or conflicts will unfold.

Key topics include:

• Historical market behavior during military conflicts
• The importance of long-term discipline and diversification
• Why emotional reactions to headlines can hurt investors

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

Part 2 of the Next Generation series focuses on the financial decisions young adults are making right now, and the ones that matter most long term.

Joe breaks down the habits, mindset, and common mistakes that can either set you up early… or quietly hold you back for years.

If you're in your 20s or 30s (or a parent trying to guide your kids well), this episode brings clarity to what actually matters—without hype, speculation, or complicated strategies.

Topics include:

• What young adults should focus on first financially
• The biggest early mistakes to avoid
• Why habits matter more than timing the market
• How to think long-term from the beginning

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

In this episode, Joe DeLisi revisits one of his most talked-about conversations, “The Worst Decision a Client Has Ever Made”—and addresses the surprising takeaway many listeners walked away with.

If you’ve ever thought holding a few individual stocks is the same as “owning a business,” this episode is for you.

Joe breaks down the dangerous misunderstanding behind that belief and explains why treating your portfolio like a collection of handpicked bets can quietly derail long-term success. Using simple, real-world analogies, he challenges the way most people think about investing—and shows you a more disciplined approach that removes emotion, speculation, and guesswork.

This is a straight conversation about behavior, not predictions—because in the long run, your decisions matter far more than the market headlines.

If you want clarity, confidence, and a better framework for how to actually think about your money, don’t skip this one.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

Over the past several years, I’ve noticed something happening with many of my long-time clients.

Their kids are growing up.

The same families I’ve worked with for 20+ years now have sons and daughters in their early 20s—thinking about college, careers, and starting their financial lives. And more and more, parents ask me the same question:

“Would you talk to my son or daughter about money?”

That’s what this episode is about.

In this conversation, I explain how the advice I give someone at the top of their career is very different from the guidance I give a 21- or 23-year-old who is just getting started. We talk about early career decisions, how to think about money when you’re young, and the habits that can set you up for long-term financial success.

If you’re just beginning your financial journey—or if you’re the parent of someone who is—this episode is meant to give you a clearer way to think about the decisions ahead.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

Tensions between the United States and Iran have resurfaced, and headlines are once again stirring uncertainty in global markets.

In this episode, Joe breaks down what’s actually happening, what history tells us about geopolitical conflicts and market reactions, and—most importantly—how long-term investors should think during moments like this.

You’ll hear:

• A clear overview of the current U.S.–Iran conflict
• How markets typically respond to geopolitical tension
• Why oil prices and global supply chains matter
• The difference between short-term headlines and long-term fundamentals
• What disciplined investors should (and shouldn’t) do right now

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

Is buying the cheapest index fund really the smartest move?

It sounds logical. Low cost. Broad diversification. Simple.
But investing isn’t just about cost, it’s about understanding where returns actually come from.

In this episode, Joe breaks down why “cheap indexing” alone may not be a complete strategy. He walks through expected returns, risk premiums, and how academic theory gets misapplied in real-world portfolios. More importantly, he explains the gap between understanding the math and building a disciplined strategy that holds up over time.

If you’ve ever wondered whether expense ratios are the only thing that matters, or if you’re an advisor trying to articulate deeper portfolio philosophy, this episode will challenge your thinking.

Topics Covered:

• Why the cheapest fund isn’t automatically the best solution
• Where returns really come from
• Risk vs. volatility
• Portfolio construction beyond headline expense ratios
• The difference between academic theory and practical implementation

This episode is for investors and advisors who want to move past surface-level advice and understand the mechanics behind long-term wealth building.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com

Business owners don’t need the same financial plan as employees, and pretending they do can cost you flexibility, taxes, and options down the road.

In this episode, Joe DeLisi explains why traditional financial planning often fails entrepreneurs, even when it looks “smart” on paper. Drawing from real-world experience as a business owner, Joe breaks down how taxes, exit planning, and long-term strategy should work together without locking you into decisions that limit your future.

This episode is for business owners who feel boxed in by their current plan, unsure about exit timing, or frustrated by strategies that prioritize optimization over control.

You’ll learn:

• Why business owners require a different financial planning approach
• How overly complex strategies can limit flexibility
• Why exit planning matters even if you’re not selling soon
• The tradeoffs between tax savings and long-term control

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com