>>>
>>> IT'S
>>> IT'S THAT TIME AGAIN. AND, ENABLE THAT PLANNER
PROFESSIONAL FOR WEALTH
ADVISORS.
ADVISORS.
ADVISORS. AND, AS HE DOES EVERY WEEK.
AND, WE REALLY ENJOYED GETTING
TO KNOW NOT ONLY LIMESTONE
WEALTH ADVISORS AND YOU BUT,
YOU STARTED WALKING US THROUGH
THE SIX DIFFERENT AREAS OF
FINANCIAL PLANNING.
FINANCIAL PLANNING. AND SO, THIS ONE, IT'S GOING TO
SHOW MY FACE.
AND, FIRST AND FOREMOST WHAT IS
THAT.
THAT.
THAT. >>
THAT. >> ANYTIME WE ARE WORKING
THROUGH FINANCIAL PLANNING IT
IS SO MUCH FUN TO TALK ABOUT
ALL THE TRAVEL AND ALL THE
THINGS ARE GOING TO SEE.
BUT THEN, WITH THE SPEND A FEW
MINUTES TALKING ABOUT WHAT
COULD MESS OUR PLAN AT AND WHAT
IS THAT ROCK IN OUR SHOE?
THAT WE COULD HAVE.
AND, WITH THAT PANDEMIC.
WITH THOSE CRUISE TO EUROPE.
AND, THAT IS HOW THINGS CAN
HANDLE ON IT.
WITH THAT EASY LEVEL.
AND, IT'S DEATH.
AND, THIS IS ALONG THE RIVER.
AND, THEY LOOK LIKE THEIR MAGE.
AND, THEY'VE GOT ROLLERBLADES
ON.
ON.
ON. THEY
ON. THEY HAVE THOSE ROLLERBLADES
THAT THEY ARE ON.
AND THOSE THINGS THAT CAN
HAPPEN TO US THAT WILL NOT
ALLOW US TO SAVE FOR RETIREMENT
AND ALLOW US TO PUT ANY MONEY
WAY.
WAY.
WAY. AND
WAY. AND THOSE ARE THE KINDS OF
THINGS WE HAVE TO LOOK AT.
>> WE MOST CERTAINLY LOOK AT
THAT AND WHAT WOULD HAPPEN.
NOWADAYS, WE ALSO TO TALK ABOUT
RISK MANAGEMENT IN THE AREA
PORTFOLIO CONSTRUCTION.
PORTFOLIO CONSTRUCTION. WHAT HAPPENS IF THE MARKET
DROPS BY 25% OR 30%.
HOW CAN I PROTECT MYSELF?
>> AND, WITH AN INCOME STREAM
EVEN THOUGH WE'VE SEEN DROPS IN
THE MARKET ARE THE THINGS OUT
THERE.
THERE.
THERE. PRODUCTS OR SERVICES OR THEIR
CONCEPTS OR PHILOSOPHIES OUT
THERE.
THERE.
THERE. THAT I AM JUST UNAWARE OF.
THAT CAN BE INTEGRATED INTO IF
CLIENT'S FINANCIAL PLAN.
IN THE ANSWER IS, ABSOLUTELY.
IT'S A CONVERSATION.
IT IS MOST CERTAINLY A LONG-
TERM RELATIONSHIP.
TERM RELATIONSHIP. ALL THESE TOPICS ARE COVERED.
>> YOU CAN'T SEE ME.
AS YOU ARE TALKING ABOUT ALL
THE DIFFERENT RISKS I'M TALKING
ABOUT LIKE YOU KNOW.
I THINK THAT THAT'S SOMETHING
THAT'S NATURAL FOR A LOT OF US.
ALSO CAN BE REALLY OVERWHELMING
ESPECIALLY RIGHT NOW WITH WHAT
WE ARE ALL GOING THROUGH.
AND I THINK THAT AS YOU BROUGHT
UP AND THE LAST FEW TIMES, A
LOT OF US ARE LOOKING AT THE
RISK.
RISK.
RISK. AND, THAT IS PART OF WHAT YOU
DO.
DO.
DO. HELPING PEOPLE MAINTAIN AND
FIND THAT FINANCIAL WELL-BEING.
YOU ARE HELPING PEOPLE TO FIND
HAPPINESS.
HAPPINESS. >> YOU HEARD ME SAY A SECOND
AGO BUT A ROCK IN A SHOE.
AND, WE'VE ALL HAD THAT ROCK IN
THE SHOE THAT HURTS INTO
BRUISES YOUR FOOT.
BUT AS A FINANCIAL ADVISOR WE
CELEBRATE THAT BECAUSE, THAT
ROCK CAME FROM A SAVED
RETIREMENT AND THAT RETIREMENT
CAME UP ENOUGH MONEY TO BE ABLE
TO GO DO THAT HIKE THAT YOU'VE
ALWAYS WANTED TO DO AT MacHU
PICCHU FOR FOUR WEEKS.
SO, YOU'RE WALKING THROUGH
THOSE AND YOU HAVE A ROCK IN
YOUR SHOE AND IT HURTS.
IT'S THE BEST ROCK IN THE
WORLD.
WORLD.
WORLD. SO, AS LONG AS WE PLAN AND WE
TAKE INTO ACCOUNT ALL THE
DIFFERENT THINGS THAT COULD GO
WRONG THEN WE TRIED TO GET A
GOOD CHANCE TO ACHIEVE THAT
BUCKET LIST OF GOLD.
>> SO, LASTLY WHAT'S THAT FIRST
STEP THAT SOMEBODY, AND I WILL
SHARE YOUR CONTACT INFORMATION.
THAT'S THE EASY PART.
BUT SOMEONE RIGHT NOW IS
SAYING, THESE ARE ALL OF THOSE
THINGS THAT I'M TALKING ABOUT.
THIS IS HOW TO MANAGE THE RISK.
HOW DO I INCREASE MY FINANCIAL
POSITIONS?
POSITIONS? >> WHAT DO YOU RECOMMEND
SOMETHING DOES?
SOMETHING DOES? >> WELL, WE ARE WRITING DOWN
ABOUT WHAT YOU OWE.
AND HOPEFULLY, A LOT OF PEOPLE
WERE ABLE TO TAKE ADVANTAGE OF
THAT.
THAT.
THAT. WELL, OVER THESE YEARS, MAYBE
MOM OR DAD OR SOMEBODY ELSE
TALK YOU INTO A LIFE INSURANCE
POLICY.
POLICY.
POLICY. WHAT ARE YOUR BENEFITS?
YOU HAVE SICK DAYS?
DO YOU HAVE VACATION DAYS?
HOW MANY TIMES SALARY IS THAT.
SO, START WRITING DOWN THOSE
COVERAGES.
COVERAGES. NOT ONLY IS IT GOING TO BE
HELPFUL FOR YOUR FINANCIAL PLAN
BUT IT'S GOING TO BE HELPFUL
FOR THOSE PEOPLE THAT YOU LEAVE
BEHIND.
BEHIND.
BEHIND. SO WRITE DOWN THE COMBINATION
TO THE SAFE AND WRITE DOWN YOUR
PASSWORDS AND MAKE SURE
SOMEBODY KNOWS WHERE THOSE ARE.
ALL THOSE ARREST MANAGEMENT.
>> ALL THAT IS FANTASTIC ADVICE
AND WISE WORDS.
THANK YOU.
THANK YOU. YOU CAN CONNECT WITH BRIAN HALE
AND LIMESTONE ADVISORS.
WITH THE AMERICA RISERS IN THE
LLC