283: How To Invest Intelligently: Top Tips From A Certified Financial Planner
I have to admit that the topic of personal finance excites the nerd in me. I love reading and learning more about all things around finance! Investing intelligently and planning for retirement are often intimidating areas in which we can always benefit from expert advice. Join us to learn how you can make solid investment decisions and better prepare for your future.
Our Featured Guest-Dave Frank, Certified Financial Planner
Dave Frank is the founder of Turning Point Financial Life Planning, which focuses on helping clinicians in private practice manage their retirement and finances. Dave has a heart to empower therapists around money and finances so they can be more present and centered in all areas of personal and professional life. In today’s show, we will begin by looking at the information and misinformation about investing that have come forward during the pandemic. Dave shares strategies for financial management, including why investing in the stock market is a good idea. Our conversation turns to retirement options for solo and group practitioners and a brief look at cryptocurrency.
Use the promo code “STC” for 20% off Dave’s Quick Start Coaching Intensive!
● Why most people don’t know the basics of sound investing
● Why “passively managed, low-cost, tax efficient mutual funds” are the best tools for long-term investing---(Dave explains the terminology!)
● The difference between investing and gambling for long-term financial goals
● The important question about investing: What are my goals?
● The basics of mutual funds
● A sound and simple investing strategy that Dave recommends
● Why your allocations should shift to funds with less volatility and less return as you near retirement age
● Dave’s investment advice for beginners about getting started with target-date accounts and emergency savings
● Why solo practitioners should be careful not to overcontribute to a retirement account
● Dave’s opinion about investing in cryptocurrency--does it make sense for therapists?
Today's Sponsor: Online Course School
I know that many of us want to launch a successful online course whether it's to share our message with a larger audience or to diversify our income beyond 1:1 work.
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The guide will help you learn from my mistakes over the past 6+ years of being an online course creator and lessons I've learned from moving the Healthcasters podcasting course from a $297 first sale to over 275 students and passing the $200k revenue mark in 2021.
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Disclosures: Please note that all opinions are my own and based on my personal experience. Sponsors are acknowledged. Some links in the description are affiliate links where if you click on one of the product links, I’ll receive a commission at no additional cost to you. I use these funds to continue to create helpful content to serve our field. As an Amazon Associate, I earn a small commission from qualifying purchases.
MY FREE ONLINE WORKSHOPS (These Can Be Watched At A Date/Time That Works For You):
💻 Online Course School (A course to create, sell, and grow a successful online course): COMING IN 2022 (please feel free to download the online guide course above and I can keep you updated as I'm trying to build this with ample input and care including a chance to work 1 on 1 with me!):
Since 2015, I've hosted a weekly podcast where I interview successful therapists in private practice and other business owners to help us grow our impact + income in and beyond the therapy room.
The podcast has been downloaded over 1.2 million times and is heard in over 140 countries.
You can find also it by searching “Selling The Couch” on any podcast app (eg: Apple Podcasts, Google Podcasts, Spotify etc) or simply saying "Alexa, listen to Selling The Couch" on your Amazon device. =