The Free Retiree Show

AVOIDING THE BIG MISTAKES EDITION

It is common for people to believe they possess the character to be successful investors. Moreover, many also unconsciously possess the traits that make them bad investors, which can cause them to lose money on investments.

When it comes to trading or investing, making mistakes is part of the learning process. Stocks, exchange-traded funds, and other securities are typically held by investors for a longer period of time. The average trader buys and sells futures and options, holds those positions for a shorter period of time, and is involved in more transactions.

Despite using different types of trading transactions, investors commit detrimental mistakes that can make or break their long-term gains. 

Join us as wealth manager Lee Michael Murphy discusses the seven types of bad investors with career advisor Sergio Patterson and attorney Matthew McElroy. Tune in to this week’s episode of The Free Retiree Show.

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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MONEY MANAGEMENT EDITION

Bear markets are an inevitable part of life. However, it can be challenging to anticipate them, to predict how long they will last, or to gauge the extent to which they will affect stock prices. It is not just possible to survive bear markets, but you can also benefit from them. You can use the following techniques to reduce or even profit from the bear market.

The bear market is characterized by a sharp decline in the prices of securities combined with a sweeping negativity that continues to permeate the market. The more investors anticipate losses in a bear market and the more they sell, the more pessimism grows. 

It can be hard to predict when stocks will bottom out after they begin to decline. In these cases, identifying the best timing and managing active trading at the onset of a bear market can be challenging.

In a bear market, what can we do to protect ourselves from losses, or even make money?

In this week’s episode, Lee Michael Murphy discusses why the market's so volatile, explains what needs to happen to fix the current issues, and how to handle a bear market. With career advisor Sergio Patterson and attorney Matthew McElroy, tune in to this week’s episode of The Free Retiree Show.

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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CAREER ADVANCEMENT & THOUGHT LEADER EDITION

What makes a great leader? 

Is it their confidence? Their authority? The way they can make employees follow their orders no matter what? 

Or is it patience? The way they care for other employees? Compassion? 

Leadership shapes nations, communities, and organizations.

Leaders are crucial for helping us make large-scale decisions that move the world forward.

It is usually easy to spot a bad leader, but what is the best way to recognize a good one? 

For Jean Marie di Giovanna, being a Renaissance leader is essential to being a great leader. 

Jean Marie is an international keynote speaker, certified executive coach, best-selling author, and more who has helped increase employee engagement, improved communication, and created happier, more productive workplaces.

In this informative episode on The Free Retiree Show, Jean Marie discusses Renaissance Leadership, the importance of curiosity as a skill in leadership, her advice for women who want to become leaders, and more. With hosts, wealth manager Lee Michael Murphy and career advisor Sergio Patterson, tune in to this week’s episode of The Free Retiree Show.

What You’ll Learn:

• Renaissance Leadership

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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MONEY MANAGEMENT EDITION

Scams are continuously evolving. From phone calls, text messages, to emails, they now go in different formats. In 2019, the FBI recorded a record $3.5 billion in losses from internet crimes. Today, con artists all over the world are most likely targeting a computer or mobile device near you. See what the most common scams are and how you can guard your personal information and wallet.

Scams target people of all backgrounds, ages, and income levels around the world. There's no one group of people who are more likely to become a victim of a scam, all of us may be vulnerable to a scam at some time. Be alert to the fact that scams exist. Remember, if it looks too good to be true, it probably is. 

In this week’s episode of The Free Retiree Show, wealth manager Lee Michael Murphy discusses the scams that you should watch out for in 2022. From what each scam does and how you can avoid it, we’ve got you covered with the basic information that’ll help you avoid falling prey to them. 

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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TOP 20 RETIREMENT PODCAST OF 2021

MONEY MANAGEMENT EDITION

Scams are continuously evolving. From phone calls, text messages, to emails, they now go in different formats. In 2019, the FBI recorded a record $3.5 billion in losses from internet crimes. Today, con artists all over the world are most likely targeting a computer or mobile device near you. See what the most common scams are and how you can guard your personal information and wallet.

Scams target people of all backgrounds, ages, and income levels around the world. There's no one group of people who are more likely to become a victim of a scam, all of us may be vulnerable to a scam at some time. Be alert to the fact that scams exist. Remember, if it looks too good to be true, it probably is. 

In this week’s episode of The Free Retiree Show, wealth manager Lee Michael Murphy discusses the scams that you should watch out for in 2022. From what each scam does and how you can avoid it, we’ve got you covered with the basic information that’ll help you avoid falling prey to them. 

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

The Free Retiree Show Podcast Page

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TOP 20 RETIREMENT PODCAST OF 2021

MONEY MANAGEMENT EDITION

Scams are continuously evolving. From phone calls, text messages, to emails, they now go in different formats. In 2019, the FBI recorded a record $3.5 billion in losses from internet crimes. Today, con artists all over the world are most likely targeting a computer or mobile device near you. See what the most common scams are and how you can guard your personal information and wallet.

Scams target people of all backgrounds, ages, and income levels around the world. There's no one group of people who are more likely to become a victim of a scam, all of us may be vulnerable to a scam at some time. Be alert to the fact that scams exist. Remember, if it looks too good to be true, it probably is. 

In this week’s episode of The Free Retiree Show, wealth manager Lee Michael Murphy discusses the scams that you should watch out for in 2022. From what each scam does and how you can avoid it, we’ve got you covered with the basic information that’ll help you avoid falling prey to them. 

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

The Free Retiree Show Podcast Page

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TOP 20 RETIREMENT PODCAST OF 2021

MONEY MANAGEMENT EDITION

For the new year, most people have financial goals that they want to achieve. Whether it be a specific savings goal, a new property to buy, and more.

But as you work towards that goal, have you ever wondered, "Well, how am I doing compared to my neighbor and my friends? Where do I rank in my overall wealth journey?"

Comparison is inevitable, but evaluating your own wealth progress compared to others is an essential part of your wealth-building journey. Why? Because it gives you the motivation to work harder or be aware if you’re buying the right assets to build wealth. 

In this week’s The Free Retiree Show episode, wealth manager Lee Michael Murphy is going to be talking about where people in different wealth classes put their assets. Whether it be people that are in the lower 10%, 20 to 30%, of the US population or where the wealthy people that are in the top 90-100% put their money, or what they are investing their money into.

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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AVOIDING THE BIG MISTAKES EDITION

Every year, people focus on achieving goals that pertain to their careers and finances.

To get that promotion, to save x amount of money by the end of the year, to buy the latest car model, and others.

But your goals for your family, your friends, your personal relationships, even your health, have you ever given much thought to them?

As you focus on getting that promotion at your company, you might not have realized that you’ve let the things that matter go. You’ve been sleeping for four hours a night, you haven’t spent quality time with your family or friends, and you’ve barely moved your body for the past how many years. 

2022 is the year for you to focus more on yourself and the people you care about. Re-evaluate your goals and where you spend your effort on. Find out what truly matters to you and focus on that.

Join us as hosts, wealth manager Lee Michael Murphy, career advisor Sergio Patterson, and attorney Matthew McElroy to discuss the importance of prioritizing personal goals, setting yourself up for success personally and financially in 2022, and why focusing on your health more than your wealth is vital.Tune in to this week’s episode of The Free Retiree Show.

What You’ll Learn:

• Why prioritize personal goals in 2022

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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TOP 20 RETIREMENT PODCAST OF 2021

MONEY MANAGEMENT EDITION

If you want to invest like Warren Buffett, you don't need to do anything extraordinary. In fact, many new investors are surprised at just how uncomplicated the Oracle of Omaha's investment style is. To sum it up in one sentence, Buffett invests in great businesses trading for less than their intrinsic values, and then he holds on to these investments for as long as they remain great businesses.

Prioritizing a margin of safety is a cornerstone of Buffett's investment philosophy. In simple terms, a margin of safety refers to characteristics of an investment that help to protect investors from losing money. Buffett doesn’t invest in low-quality companies. According to him, "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” As Buffett does, the best way to invest is to ignore the crowd entirely and focus on finding value on your own. 

These are just a few examples of Buffett’s strategy. According to Buckingham Group’s Chief Research Officer Larry Swedroe, people say Warren Buffett is the greatest investor of all time yet fails to follow his advice. 

Join us as CRO Larry Swedroe, who has written 19 books on investment strategies and had several articles published in journals, discusses how to invest like Warren Buffett, his advice to beginner investors surrounded by TikTok “investment gurus,” the importance of value investing, and more. With hosts, wealth manager Lee Michael Murphy and career advisor Sergio Patterson, tune in to this week’s episode of The Free Retiree Show.

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

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MONEY MANAGEMENT EDITION

Old habits and mindsets die hard, especially when it comes to money. When you don't have any savings and you spend more than you earn, it's time to stop the bad spending habits that keep you poor and get started on building better financial habits.

Developing good money habits can lead to financial success and increased wealth. It will teach you about budgeting, saving, and achieving your financial goals.

Starting new habits and breaking bad ones don't happen overnight. The good news is that you can start changing your money habits with persistence, a good mindset, and knowledge.

Having good money habits and mindsets will enable you to achieve financial success. You can achieve financial freedom by planning for the future, saving money, and staying on top of your finances. Additionally, you will be able to prepare for unexpected expenses, avoid late fees and penalties, and save money for your retirement years.

In this week’s episode, wealth manager Lee Michael Murphy shares the finance mindsets that can be detrimental to your finance journey. What can you change to make sure that you and your family will reach your financial goals sooner? 

Join us with hosts career advisor Sergio Patterson and attorney Matthew McElroy tune in to this week’s episode of The Free Retiree Show.

To get the episode, show notes, and share links, please go to our podcast page. Thank you for sharing our podcast.

The Free Retiree Show Podcast Page

Honor to be mentioned in the FeedSpot

TOP 20 RETIREMENT PODCAST OF 2021