8/16/2019 - Are You Smart Money Or Dumb Money?

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Manage episode 240119200 series 1523035
By Vicki Wiley and Tree City Advisors. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Market volatility dominated headlines and news programs all week. The Inverted Yield Curved even made its way to late night television. When markets are in the zeitgeist, irrational, emotional investors make mistakes and only make things worse. So, are you smart money or dumb money? A "flight to quality" is everything but: bonds aren't going to save you from yourself. Then, back to basics with attorney Steve Rausch. Estate planning is important for most people, whether you are single, married with or without children, it's good to cover your bases. A simple will can suffice for some, while a large family with a disabled child might warrant a trust. Ultimately, some planning is better than none, but seeking the advice of a professional is better than leaving a mess for someone else after you expire.

Brian Wiley, Financial Advisor www.treecityadvisors.com

Steve Rausch, Attorney www.capitalcitylawoffice.com https://www.facebook.com/TheRealMoneyPros

www.therealmoneypros.com

www.kboi.com

495 episodes