Wealth Strategy with Bryan Rigg

The history of the S&P 500 and Dow Jones. Also, when to liquidate assets and understanding Private Equity

We discuss proper health care, world history and some of Bryan's 4 books, and what a typical client is for Bryan.

World Markets in 2019, Social Security Benefits and Retirement is more than money.

This episode has 2 studio guests, consumers, and we discuss and define Mutual Funds, Index Funds, Apps for investing, Penny Stocks, Cost of getting started, Risks for single people, and women in business

We're going to talk today about four different things. We're going to lead off with annuities. When we talk to new clients, and we talk to people who listen to the show, the feedback is everyone's heard about annuities, and everyone's heard about CDs. It's because it's what banks do. It's safe. It's a reasonable return, and there are expectations that could be met. We're going to get into what they are, and why they may not be what you think they are.

Then we're going to get into Rigg Wealth Management.  Their business here in North Dallas isn't for veterans, but they have a lot of experience being veterans. We're going to talk about what their special insights are for veterans if there's any out there that are listening. Then we'll get into definitions and differences with IRAs and 401(k)s. Most people do this more than anything else as far as a do‑it‑yourself kind of investment option. We're going to get into the do's and don'ts.

We're going to close out the show with client stories. We're going to have Bryan talk about some of the successes he's had with some of his clients of late and in the past few years that are relevant. In case any of you are looking at coming on board, we wanted to remind you that you're not the only one that's jumping from one investment firm to another. Bryan, as an independent consultant, he gets a lot of new clients that come over from somebody else, and some first-timers, as well.

LEARN MORE at www.RiggWealthManagement.com

RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are here every Saturday morning during the seven o'clock hour. We like to talk finance. Normally we come in here every weekend, and we like to discuss four or five topics that fill the hour. We're going to do something a little different this morning, and we hope you stick around for it.

We've compiled a list of over 50 questions that we've gotten by email and by voicemail, and we had a workshop recently that we had many people show up from WRR, listeners, anyway. We had some questions come up in that.

These are kind of simple questions. I know as people listen, you can't talk to the radio. I mean you can, but we can't hear you.

LEARN MORE at www.RiggWealthManagement.com

RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are going to talk about four different things today. Each one of them is going to be about 15 minutes, so we'll take up a little bit of time on each topic. First, we're going to get into sectors of the market and investing within sectors. It helps you pick a sector within the market that gives you a little more general insight. We're going to get into that as well.

The psychology of investing is important. We're going to cover that, and identifying and helping measure your risk appetite. We haven't talked about that in a few months. You have to understand going in what your appetite for risk is, and Bryan's seen many examples and many clients for that. The third segment, we're going to come back after the bottom of the hour, and we're going to talk about cybersecurity. Bryan had an interesting meeting recently and has some insight on that.

We're going to close out the show with trust funds ‑‑ who are they for, and why we have them. It's not something that's on most people's portfolios, but if you want to work with money for the people and leaving a legacy with parameters, trust funds are a great way to go.

It doesn't always have the connotation that people are trust fund babies. That's not the case. That's some of the worst cases. There are good and bad purposes for trust funds, but a lot of people, when you hear about the diversity that's offered in trust funds, it can be a great asset to a portfolio.

We're going to start off with when we look at investing in the market, we look at trying to decide what to get into. So many people think it's just a stock ‑‑ pick a stock and buy that stock. Luckily, the market allows us to invest in sectors. Bryan, help people understand sectors in the market.

LEARN MORE at www.RiggWealthManagement.com

RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are here every Saturday morning at the same time to talk about finance, financial wealth, and understanding and managing your portfolio, whether you do it yourself, or you happen to be a fan of Rigg Wealth Management or anybody else out there.

We want to help you understand that there's proactive stances and actions you can take to make yourself better prepared for your future. Sometimes it's not all about you. It's your family, your loved ones, and your legacy. Either way, whether you're saving for the future, or you're saving for today, doing something is absolutely necessary.

Today, we're going to focus on a topic, and we're going to burn a couple segments the first half hour. We're going to talk about municipal bonds. We've got an opportunity that Rigg Wealth Management has come up with.

Though we're here to talk about the language and verbiage of understanding finances, financial management, savings, and sometimes investments ‑‑ portfolios, stocks, bonds, and all those things, today we're going to get subject specific.

LEARN MORE at www.RiggWealthManagement.com

RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

I want to cover a couple of things that we're going to talk about today. Our segments are going to be the stock market being up and down, how much do we need to pay attention. Some horror stories, some dos and don'ts. Our third segment's going to be, "How much money do I need to retire?" We're going to end up with teaching our kids and families about finance. It's something that if we start at an early age it's easier to do. It's less complicated.

LEARN MORE at www.RiggWealthManagement.com

DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We've got four segments that we're going to talk about and fill today. The first one is what to do if you're in your 30s. Is it too late? Of course, it's not too late, because we talk about how time is the best thing you can have on your side when saving. We're going to talk about, "What if you're 35, and what can we do?"

The second segment, we're going to talk about Rigg Wealth Management. Right here in North Dallas. We're going to talk about what makes you different than all the wirehouses, the Charles Schwabs and things like that.

We'll take a quick break at the bottom of the hour, and then we'll come back, and we'll mention pension plans. Pension plans are out there somewhere. They are out there. Most people do 401(k)s now. We're going to talk about, "What is a pension plan?" and how you can kind of set up your own. There's a few different options out there, right?

Then we'll close the show with what we like to call stocks and bonds. What are the differences, how are they the same, and why is it good to have both in your portfolios? We'll break down some of those terms as well. What do you think, sounds like a good show?

LEARN MORE at www.RiggWealthManagement.com

DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.