Sign up to save your podcasts
Or
Share Money Matters with JR Gondeck
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Money Matters with JR Gondeck
JR Gondeck is the sharpest financial mind I've had on this show. He's a Wealth Advisor & Managing Director at The Lerner Group. Not to mention he's been featured in Forbes, Barron's, VP at a big bank and has 4 kiddos!
JR works with families to promote intentional communication and drive collaboration between all generations. In fact, he recently co-authored a book titled, Family Value at Risk, which details the importance of inclusive and intentional communication among family members "to leave a legacy wealthier than money."
JR leverages his deep knowledge of global financial markets and passion for investing to guide clients through market trends. He's an advocate of financial literacy and hosts family meetings to connect with the next generation.
In this episode, we discuss JR's thoughts on Bitcoin—whether he believes in its potential as a long-term currency. He focuses on its limiting factors and compares the cryptocurrency to gold.
JR and I also talk about the importance of knowing one's Net Worth. He says he's always surprised by how many people don't know their Net Worth, which he says is crucial to know, adding, "Detail everything—from 401K accounts, insurance, investments you've made, mortgage & interest rates—so that you really know what the bottom line number is."
Especially at our age (JD & I are the same age), he says, "It's critical you know where everything is and how it's titled."
Why is this so important (that you know your Net Worth)?
Number one. It allows for better decision-making, both short-term (can you buy a new car with the motherfuckin' driver seat sittin' in the middle?) and long-term (can you and your son Weezy get a house by the water?)
This conversation was fun. My guest was sharp as they come. He makes many predictions during this episode that have already come true.
But perhaps the most impactful part of the discussion, for me at least, was how he now has me thinking about multi-generational financial strategy. Whereas I considered myself a long-term thinker before now, JR has me adding pages to the 'ole financial playbook.
Hope you learn as much as I did!
View all episodes
By Brad Dantonio
4.8
6565 ratings
JR Gondeck is the sharpest financial mind I've had on this show. He's a Wealth Advisor & Managing Director at The Lerner Group. Not to mention he's been featured in Forbes, Barron's, VP at a big bank and has 4 kiddos!
JR works with families to promote intentional communication and drive collaboration between all generations. In fact, he recently co-authored a book titled, Family Value at Risk, which details the importance of inclusive and intentional communication among family members "to leave a legacy wealthier than money."
JR leverages his deep knowledge of global financial markets and passion for investing to guide clients through market trends. He's an advocate of financial literacy and hosts family meetings to connect with the next generation.
In this episode, we discuss JR's thoughts on Bitcoin—whether he believes in its potential as a long-term currency. He focuses on its limiting factors and compares the cryptocurrency to gold.
JR and I also talk about the importance of knowing one's Net Worth. He says he's always surprised by how many people don't know their Net Worth, which he says is crucial to know, adding, "Detail everything—from 401K accounts, insurance, investments you've made, mortgage & interest rates—so that you really know what the bottom line number is."
Especially at our age (JD & I are the same age), he says, "It's critical you know where everything is and how it's titled."
Why is this so important (that you know your Net Worth)?
Number one. It allows for better decision-making, both short-term (can you buy a new car with the motherfuckin' driver seat sittin' in the middle?) and long-term (can you and your son Weezy get a house by the water?)
This conversation was fun. My guest was sharp as they come. He makes many predictions during this episode that have already come true.
But perhaps the most impactful part of the discussion, for me at least, was how he now has me thinking about multi-generational financial strategy. Whereas I considered myself a long-term thinker before now, JR has me adding pages to the 'ole financial playbook.
Hope you learn as much as I did!