Monthly Archives: June 2022

Featured Image

S4: Episode 12 – Is there value in using multiple advisors? Answering Your Financial FAQ’s!

Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, , , , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

In today’s episode, the last of Season 4, Stephen Stricklin, along with Paul Brock, answer FAQ’s surrounding retirement planning. In addition to their answers in this episode, we encourage you to look back through the seasons to gain more clarity!

One listener asks, “Do you see value in splitting accounts over a few different advisors?” Stephen says with multiple advisors working with the same client, you can end up with similar portfolios, and that may not be as diversified as you’d think. In addition, different advisors have different financial philosophies, Stephen believes in simplicity and consolidation, getting all assets under the same roof. 

A common question Stephen and Paul face is, “Should I have an alternative to bonds?” In this current environment where the interest rates are rising, and the value of bonds go down, ultimately it depends what your plan is. Their suggestion is a fixed indexed annuity, a fixed annuity, or CD’s. In exchange for the liquidity that bonds offer, you get guaranteed principal protection and no downside risk.  

When it comes to retirement planning, someone asks, “How can I build a retirement plan when I don’t know when I will retire?” Stephen suggests picking a date and going from there. It doesn’t have to be set in stone, but it’s best to start putting together a plan sooner than later, to have peace of mind. 

Stephen and Paul Discuss: 

  • Overview of all four seasons thus far. 
  • Addressing questions sent in from listeners 
  • Question 1- “Do you see value in splitting my account over a few different advisors?” 
  • Question 2- “Should I use an alternative to bonds, in this environment with interest rates rising?” 
  • Question 3- “How can I build a retirement plan when I don’t know when I will retire?” 
  • Podcast show taking a break in between season four and season five. Exciting new improvements to the podcast when we resume!

Resources:
info@simplifyyourretirement.com
http://www.simplifyyourretirement.com/book
https://wisewealth.com
Season 1
The Three Bucket Approach Part 1
The Three Bucket Approach Part 2
The Three Bucket Approach Part 3
Season 2
Season 3
Season 4
Wise Wealth YouTube Channel

Connect With Stephen Stricklin:
stephen@wisewealth.com
WiseWealth.com
Simplify Your Retirement
LinkedIn: Stephen Stricklin
LinkedIn: Wise Wealth LLC

Featured Image

S4: Episode 11 – Aligning Your Faith With Your Investments With Ben Malick And David Sandhu

Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, , , , , , ,

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Have you ever considered the views of the companies you’ve invested in? Do they align with yours? Join Stephen Stricklin and Paul Brock, along with guests Ben Malick and David Sandhu, as they discuss Biblically Responsible Investing. Ben and David have years of financial experience with Wise Wealth, and in this episode, offer clarity on how we can make good decisions when it comes to thinking biblically about our investments. 

As an investor, you must screen for companies that take into account the acronym, ESG, Environment, Social and Governance. Do they care for the environment? How do they treat their customers and employees? How well is their board structured? Look for companies that are not harming others for the sake of profit. 

As a christian, being aware of what you invest your money in is of highest importance. Focus on companies that give back to their employees and their community and support christian values. In the long run, businesses that care for people will flourish. 

Bright Portfolios is Wise Wealth’s solution. Bright Portfolios is an asset allocation where they manage the portfolios for individual clients. They screen for companies exhibiting good values, and build a fully diversified portfolio. You can feel good about the companies you own and feel good about the returns. You get positive returns and know the money you’re investing is actually doing good in the world. 

Ben and David Discuss: 

  • The philosophy of Biblically Responsible Investing 
  • ESG (Environmental, Social, Governance); what investors will screen companies for. 
  • Types of companies to avoid. “Sin stocks”; any company that supports tobacco, alcohol, gambling, manufacturing abortion drugs, creating or distributing pornography, companies that harm others for the sake of profit. 
  • Types of companies to invest in. “Shining light” or “Beacon of hope” companies are focused on giving back to their employees, giving to the community, and honoring God. 
  • Does narrowing down the amount of stocks I invest in because of misaligned values make me lose a little bit of return? 
  • Bright Portfolios is an asset allocation where they manage the portfolios for individual clients. They screen for companies exhibiting good values, and build a fully diversified portfolio. 

Resources:
Do you have a question to ask for an upcoming podcast episode, or want a FREE copy of our book, Simplify Your Retirement? If so, email:
info@simplifyyourretirement.com
http://www.simplifyyourretirement.com/book
Season 2 Episode 10 with Ben Malick
Wise Wealth Phone Number: 816-246-WISE (9473)
https://wisewealth.com
https://brightportfolios.com

Connect With Ben and David:
info@simplifyyourretirement.com
https://wisewealth.com
https://brightportfolios.com 

Connect With Stephen Stricklin:
stephen@wisewealth.com
WiseWealth.com
Simplify Your Retirement
LinkedIn: Stephen Stricklin
LinkedIn: Wise Wealth LLC

About Our Guests:
Ben Malick is the Chief Investment Officer of Wise Wealth, Portfolio Manager for Bright Portfolios, Chartered Financial Analyst and Certified Kingdom Advisor.

David Sandhu is a Wise Wealth Financial Advisor, Certified Kingdom Advisor and Chartered Retirement Planning Counselor.