Ep 35: Best Intentions Sometimes End in Bad Advice

We turn to many different people and resources to get financial advice, but how much can you depend on the information you’re getting? Today we’ll talk about four common people we go to that might have the best intentions but why their advice isn’t always beneficial to you.

 

Read more and get additional financial resources here: https://principalpreservationservices.com/ep-35-best-intentions-sometimes-end-in-bad-advice/ 

 

Today's show schedule: 

1:55 – How is Mike handling the quarantine time? 

2:37 – What we’re talking about on this episode.

3:10 – Get advice from our family.

5:05 – Next on the list is friends

7:21 – The third is a CPA

8:53 – Mike shares as story about a continuing education event he held.

10:01 – The final one is financial experts in the media.

13:35 – Mailbag question #1: I make too much money to contribute to an IRA or Roth. What’s the best way to contribute towards retirement?

16:26 – Mailbag question #2: My financial advisor is older than me. Should I move to someone else that won’t retire before I do?