All tagged Aquila Wealth Podcast

Ep. 44 Are Things Getter Better or Are Things Getting Worse?

Ep. 44 Are Things Getter Better or Are Things Getting Worse?

Eric Maldonado, CFP®, MBA
Podcast, Financial Planning

On a global macro-scale things are getting much better for people, whether it’s measured by extreme hunger, violence, or resources. See this video for more info on things getting better globally: https://www.youtube.com/watch?v=Jalfq9uWXQk.

Yet, it doesn’t always feel like things are getting better. If we’re just looking at the news, it seems like things are always getting worse.

When it comes to financial planning, I try and help clients focus on their plan and on their unique time frame. This oftentimes puts things in the proper perspective.

Contact Us: https://www.aquilawealth.com/contact-us

Eric Maldonado, CFP®, MBA

Owner, Aquila Wealth Advisors, LLC

(805)250-4552

info@aquilawealth.com

San Luis Obispo, CA

https://www.aquilawealth.com/

Ep. 43 Business Owners, My Takeaways From “Walking to Destiny, 11 Actions An Owner Must Take to Rapidly Grow, Value & Unlock Wealth”

Ep. 43 Business Owners, My Takeaways From “Walking to Destiny, 11 Actions An Owner Must Take to Rapidly Grow, Value & Unlock Wealth”

Eric Maldonado, CFP®, MBA
Podcast, Business Owners, Financial Planning

Business owners, are you taking steps to get the most value and income out of your business? My main takeaway from the book "Walking to Destiny 11 Actions An Owner Must Take To Rapidly Grow Value & Unlock Wealth" by Christopher M. Snider is that selling a business isn't just a one-time event in the future. Exit planning is a process that helps you get the most out of your business today, even if you're not planning on selling your company any time soon or ever.

Contact Us: https://www.aquilawealth.com/contact-us

Eric Maldonado, CFP®, MBA

Owner, Aquila Wealth Advisors, LLC

(805)250-4552

info@aquilawealth.com

San Luis Obispo, CA

https://www.aquilawealth.com/

Ep. 42 Business Owners, Don't Trap Yourself Financially In Your Business

Ep. 42 Business Owners, Don't Trap Yourself Financially In Your Business

Eric Maldonado, CFP®, MBA
Business Ownership, Financial Planning, Investment Planning, Podcast, Tax Planning, Retirement Planning, Risk Planning, Cash Flow Planning

Often, business owners rely on their business as their sole means of financial provision. Wouldn't it be nice to have a second leg to stand on financially? This episode talks about the benefits of investing in a separate tax-free asset, i.e., a Roth 401k, throughout your business ownership career.

Ep. 40 When Markets Drop Focus On These 2 Things

Ep. 40 When Markets Drop Focus On These 2 Things

Eric Maldonado, CFP®, MBA
Podcast, Investment Planning

When markets drop and your investment balances go down, it doesn’t make anybody feel “good.” It can be very stressful and worrisome to see your investment drop in value. What are some ways you can channel your feelings of fear and gloom into a more productive perspective when it comes to investing? Number 1, is to focus on your plan. Now, you might be saying, “I can’t go back in time to create a plan, I need help now!” And you’re correct, we can’t go back in time, but that doesn’t mean you can’t draw up a plan now for the next market dip. Because it is a matter of “when” not “if” the next market correction or recession takes place. You can prepare yourself now for the next market drop. The 2nd thing you can do to prevent yourself from making a mistake during negative stock market days is to put in place a “human barrier.” Have someone you can call on to come between you and a regrettable buy or sell decision. In other words, have someone you can talk to before you make a move in your investment accounts at an emotional time. Things will get better, sometimes it is hard to see that on your own. Have someone you can turn to to help you see the light when everything looks dark.

Contact Us: https://www.aquilawealth.com/contact-us

Eric Maldonado, CFP®, MBA

Owner, Aquila Wealth Advisors, LLC

(805)250-4552

info@aquilawealth.com

San Luis Obispo, CA

https://www.aquilawealth.com/

Disclosure: Aquila Wealth Advisors, LLC is a registered investment advisor in the state of CA, LA, and in other jurisdictions where exempt. All content on this podcast is for information purposes only. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel prior to implementation.

Ep. 39 The Emotional Toll of Investing in Individual Stocks vs. Index Funds

Ep. 39 The Emotional Toll of Investing in Individual Stocks vs. Index Funds

Eric Maldonado, CFP®, MBA
Podcast, Investment Planning, Business Owners

In today’s episode, I’m talking about the hidden cost of investing in individual stock vs investing in a basket of companies inside of an Exchange Traded Fund (ETF), Index Fund, or Mutual Fund. Namely, the emotional toll it can take to invest in individual companies. Is it worth experiencing the stress and angst it takes to invest in individual companies? Sometimes, investing in a broad range of companies within an ETF or an Index Fund is less stressful and takes less of an emotional toll on the investor. When you’re invested in a bunch of companies with a fund you’re less likely to fixate any one company. Whereas focusing on one company's results can bring about a much more emotional ride.

Ep. 38 What Does a Good Financial Planner Do? Listens to You

Ep. 38 What Does a Good Financial Planner Do? Listens to You

Eric Maldonado, CFP®, MBA
Podcast, Financial Planning, Business Owners

At the very least a good financial planner listens to you. It sounds obvious, but it’s so important for a financial planner to hear you out, hear your story, and hear your perspective on money. Is the financial planner asking you good questions and allowing you the time and space to think and answer? Do they allow you the time and space to ask all of your questions? These are all crucial elements in a good financial planner-client relationship.