“You want all of your investments to be a part of your diversified portfolio.” - David Tuzzolino, CFA, CFP® of PathBridge Financial, LLC
In episode 6, we're taking a deeper dive into understanding investments. People talk like all investments are created equal, but that’s certainly not the case. In this episode, we dive a little deeper to help you better understand how investments are not all the same.
David Tuzzolino, CFA, CFP® from PathBridge Financial, and Kyle discuss four types of investments: Stocks, Bonds, Mutual Funds, and ETFs. They discuss similarities, and differences between investments to cut through the confusion. A key component of the conversation is “diversification”, and they break down what that means in the investment world and why we do it. They close out the episode by discussing the pros and cons of Target Date Funds.
To kick it off, they talk about Gettysburg, ghosts, Remember the Titans, David’s bucket list trip and why outer space and scuba diving freak Kyle out. They also discuss their best ever investment picks. Tune in!
"It’s (Target Date Funds) meant for the average employee, but no one is average. Every person’s situation is unique to them. It’s a one size fits all (approach)." Kyle Hill, CFP®
***Not advised, but to skip the Fluff, go to the 42:12 mark***
Resources:
Stocks,
Market Capitalization (Market Cap),
Price to Earnings Ratio (P/E Ratio),
Price to Book Ratio (P/B Ratio),
Target Date Funds (MarketWatch),
Target Date Funds (Financial Times),
Bonds,
Bond Ratings,
Mutual Funds,
ETFs (Exchange Traded Funds),
Fund Expense Ratios,
Asset Class Returns (Reason for Diversification),
Risk vs. Volatility,
CFA Institute (Chartered Financial Analyst®)
Remember the Titans (movie),
Coach Herman Boone,
David’s Walk-up Song: AC/DC - Shake Your Foundations,
Kyle’s Walk-up Song: Lee Greenwald - God Bless the USA,
Personal Finance from the Hill-Top podcast Episode #5 with Rockie Zeigler III - How to get Started Investing,
David Tuzzolino, CFA, CFP® - PathBridge Financial, LLC
LinkedIn,
Twitter,
NAPFA
Kyle Hill, CFP® - Hill-Top Financial Planning, LLC
Website,
LinkedIn,
XY Planning Network (XYPN),
NAPFA,
CERTIFIED FINANCIAL PLANNER™
*This podcast uses sounds from freesound: Dry Transition by Electroviolence , Metal Door Slam Shut by ecfike, and Scream by ngrib
