23 Lessons From 23 Years as a Financial Advisor | Wealth, Investing & Retirement Planning (Episode 37)
Summary: In this episode of Wealth on the Move, host Will Hoffman reflects on his 23 years in the wealth management industry, sharing valuable lessons learned throughout his career. He emphasizes the importance of having a solid financial plan, understanding cash flow, and recognizing the emotional aspects of financial decision-making. Hoffman also discusses the significance of teamwork in financial planning and how money can be a tool for happiness when used intentionally.
Takeaways:
- A plan matters more than any single investment.
- Cashflow discipline will beat investment brilliance.
- Time in the market is greater than timing the market.
- Taxes will quietly erode your wealth more than you realize.
- Diversification works even when it feels like it doesn’t.
- Most of the risk in your financial lives is emotional.
- The right portfolio for you is the one you can stick with.
- Big financial mistakes usually happen during big life transitions.
- You don’t need more financial products. You need more clarity.
- Wealth is a team sport.
Connect with Will Hoffman:
- Hoffman Wealth Management
- (724) 522-5411
- will@hoffmanwealth.com
- LinkedIn: Will Hoffman
- Facebook: Hoffman Wealth Management
- YouTube: Hoffman Wealth Management
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