REPLAY - Wealth Series 2.0 - Episode 9 - Financial Instruments

*The giveaway has now closed. By diversifying your investments, you’re not just guarding your wealth, but giving it room to grow strategically. In episode eight of Wealth Series 2.0, Ben Kinney, Bob Stewart, and Chad Hyams discuss investing strategies for stocks, bonds, index funds, 401(k)’s, IRAs, and 529 plans.

Disclaimer: You should not use our advice to make financial decisions. We highly recommend you seek professional advice from someone authorized to provide investment and retirement advice.

In this episode, we cover the following:

• Recap of the buckets of wealth and cash reserves [1:55]  
• Investing in the stock market or similar [4:45]
• Types of financial instruments [6:28]
• Diversifying your buckets [4:00]
• Cash or cash equivalents bucket [4:44]
• Financial instruments bucket [4:56]
• Investing in stocks [7:59]
• Investing in index funds [13:43]
• Investing in bonds [22:10]
• Warren Buffett’s 90/10 rule [25:22]
• Bond penalties and strategies [26:04]
• Investing in retirement accounts [28:53]
• 401(k) accounts [32:38]
• Examples of invested amounts at certain ages [35:23]
• The secret to being rich [38:17]
• Investing in IRAs [40:37]
• Investing when you are self-employed [44:59]
• Tax benefits of HSAs [47:04]
• Tax benefits and investing in a 529 plan [48:05]

Resources discussed in this episode:

• Enroll in Wealth Series 2.0: https://WinMakeGive.com/wealth/ to receive all the workbooks and have the resources emailed to you directly
• Download the workbook and resources for Episode 9 at https://winmakegive.com/wealth-part-9/
• Win Make Give Facebook group: https://www.facebook.com/groups/WinMakeGive

Connect with the hosts:

• Ben Kinney: https://www.BenKinney.com/
• Bob Stewart: https://www.linkedin.com/in/activebob
• Chad Hyams: https://ChadHyams.com/
• Book one of our co-hosts for your next event: https://WinMakeGive.com/speakers/

More ways to connect: 

• Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up
• Explore the Win Make Give Podcast Network: https://WinMakeGive.com/
• Listen to Win Make Give Season 3 on YouTube: bit.ly/3pPEdAx

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Part of the Win Make Give Podcast Network