Straight up, we just don't trust people that haven't suffered real failure!
What could a financial consultant know about risk if they've never experienced catastrophic financial failure? How can you understand how important it is to keep your clients from falling off the cliff if you don't really know what or where the cliff is...or how bad it could actually be?
It's easy to think that you understand risk because of what you've read and learned academically. As you'll hear in this episode, we can attest that if you haven't lived it you can't ever really know.
As we were coming up (financially) we saw ourselves in an unrealistic place. We made decisions based on anecdotal data that we thought was factual. We made a series of massive financial mistakes. And it took years to recover.
As we see it, you have two choices:
1. Keep pushing forward and hope that it doesn't happen to you. You've been "good" (lucky) so far. Hope that it continues.
or..
2. Find a guide that HAS seen the darkness, has shepherded many away from it and will help you understand the tools that you can develop immediately to help prevent such a tragedy.
If you are looking to ASCEND check us out at ascensionladder.com
The views and materials were created and intended to provide background assistance and education and no recommendation regarding the purchase or sale of any security is made, intended, or should be implied by these materials. Real estate investments involve risks and are sensitive to factors such as changes to real estate values, property taxes, and interest rates. Stock prices fluctuate, sometimes rapidly and dramatically due to factors affecting individual companies, particular industries or sectors, or general market conditions. Bond prices can fluctuate, like the value of any other investment.
This is provided for informational purposes only and should not be construed as investment or tax advice. Data and analysis do not represent the expected future performance of any investment product or strategy. Securities and Advisory Services offered through Harbour Investments, Inc., member SIPC.
Harbour Investments Inc. does not offer tax services.
Straight up, we just don't trust people that haven't suffered real failure!
What could a financial consultant know about risk if they've never experienced catastrophic financial failure? How can you understand how important it is to keep your clients from falling off the cliff if you don't really know what or where the cliff is...or how bad it could actually be?
It's easy to think that you understand risk because of what you've read and learned academically. As you'll hear in this episode, we can attest that if you haven't lived it you can't ever really know.
As we were coming up (financially) we saw ourselves in an unrealistic place. We made decisions based on anecdotal data that we thought was factual. We made a series of massive financial mistakes. And it took years to recover.
As we see it, you have two choices:
1. Keep pushing forward and hope that it doesn't happen to you. You've been "good" (lucky) so far. Hope that it continues.
or..
2. Find a guide that HAS seen the darkness, has shepherded many away from it and will help you understand the tools that you can develop immediately to help prevent such a tragedy.
If you are looking to ASCEND check us out at ascensionladder.com
The views and materials were created and intended to provide background assistance and education and no recommendation regarding the purchase or sale of any security is made, intended, or should be implied by these materials. Real estate investments involve risks and are sensitive to factors such as changes to real estate values, property taxes, and interest rates. Stock prices fluctuate, sometimes rapidly and dramatically due to factors affecting individual companies, particular industries or sectors, or general market conditions. Bond prices can fluctuate, like the value of any other investment.
This is provided for informational purposes only and should not be construed as investment or tax advice. Data and analysis do not represent the expected future performance of any investment product or strategy. Securities and Advisory Services offered through Harbour Investments, Inc., member SIPC.
Harbour Investments Inc. does not offer tax services.