Wealth Strategy with Bryan Rigg

The history of the S&P 500 and Dow Jones. Also, when to liquidate assets and understanding Private Equity

We discuss proper health care, world history and some of Bryan's 4 books, and what a typical client is for Bryan.

World Markets in 2019, Social Security Benefits and Retirement is more than money.

This episode has 2 studio guests, consumers, and we discuss and define Mutual Funds, Index Funds, Apps for investing, Penny Stocks, Cost of getting started, Risks for single people, and women in business

We're going to talk today about four different things. We're going to lead off with annuities. When we talk to new clients, and we talk to people who listen to the show, the feedback is everyone's heard about annuities, and everyone's heard about CDs. It's because it's what banks do. It's safe. It's a reasonable return, and there are expectations that could be met. We're going to get into what they are, and why they may not be what you think they are. Then we're going to get into Rigg Wealth Management.  Their business here in North Dallas isn't for veterans, but they have a lot of experience being veterans. We're going to talk about what their special insights are for veterans if there's any out there that are listening. Then we'll get into definitions and differences with IRAs and 401(k)s. Most people do this more than anything else as far as a do‑it‑yourself kind of investment option. We're going to get into the do's and don'ts. We're going to close out the show with client stories. We're going to have Bryan talk about some of the successes he's had with some of his clients of late and in the past few years that are relevant. In case any of you are looking at coming on board, we wanted to remind you that you're not the only one that's jumping from one investment firm to another. Bryan, as an independent consultant, he gets a lot of new clients that come over from somebody else, and some first-timers, as well. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are here every Saturday morning during the seven o'clock hour. We like to talk finance. Normally we come in here every weekend, and we like to discuss four or five topics that fill the hour. We're going to do something a little different this morning, and we hope you stick around for it. We've compiled a list of over 50 questions that we've gotten by email and by voicemail, and we had a workshop recently that we had many people show up from WRR, listeners, anyway. We had some questions come up in that. These are kind of simple questions. I know as people listen, you can't talk to the radio. I mean you can, but we can't hear you. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are going to talk about four different things today. Each one of them is going to be about 15 minutes, so we'll take up a little bit of time on each topic. First, we're going to get into sectors of the market and investing within sectors. It helps you pick a sector within the market that gives you a little more general insight. We're going to get into that as well. The psychology of investing is important. We're going to cover that, and identifying and helping measure your risk appetite. We haven't talked about that in a few months. You have to understand going in what your appetite for risk is, and Bryan's seen many examples and many clients for that. The third segment, we're going to come back after the bottom of the hour, and we're going to talk about cybersecurity. Bryan had an interesting meeting recently and has some insight on that. We're going to close out the show with trust funds ‑‑ who are they for, and why we have them. It's not something that's on most people's portfolios, but if you want to work with money for the people and leaving a legacy with parameters, trust funds are a great way to go. It doesn't always have the connotation that people are trust fund babies. That's not the case. That's some of the worst cases. There are good and bad purposes for trust funds, but a lot of people, when you hear about the diversity that's offered in trust funds, it can be a great asset to a portfolio. We're going to start off with when we look at investing in the market, we look at trying to decide what to get into. So many people think it's just a stock ‑‑ pick a stock and buy that stock. Luckily, the market allows us to invest in sectors. Bryan, help people understand sectors in the market. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are here every Saturday morning at the same time to talk about finance, financial wealth, and understanding and managing your portfolio, whether you do it yourself, or you happen to be a fan of Rigg Wealth Management or anybody else out there. We want to help you understand that there's proactive stances and actions you can take to make yourself better prepared for your future. Sometimes it's not all about you. It's your family, your loved ones, and your legacy. Either way, whether you're saving for the future, or you're saving for today, doing something is absolutely necessary. Today, we're going to focus on a topic, and we're going to burn a couple segments the first half hour. We're going to talk about municipal bonds. We've got an opportunity that Rigg Wealth Management has come up with. Though we're here to talk about the language and verbiage of understanding finances, financial management, savings, and sometimes investments ‑‑ portfolios, stocks, bonds, and all those things, today we're going to get subject specific. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

I want to cover a couple of things that we're going to talk about today. Our segments are going to be the stock market being up and down, how much do we need to pay attention. Some horror stories, some dos and don'ts. Our third segment's going to be, "How much money do I need to retire?" We're going to end up with teaching our kids and families about finance. It's something that if we start at an early age it's easier to do. It's less complicated. LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We've got four segments that we're going to talk about and fill today. The first one is what to do if you're in your 30s. Is it too late? Of course, it's not too late, because we talk about how time is the best thing you can have on your side when saving. We're going to talk about, "What if you're 35, and what can we do?" The second segment, we're going to talk about Rigg Wealth Management. Right here in North Dallas. We're going to talk about what makes you different than all the wirehouses, the Charles Schwabs and things like that. We'll take a quick break at the bottom of the hour, and then we'll come back, and we'll mention pension plans. Pension plans are out there somewhere. They are out there. Most people do 401(k)s now. We're going to talk about, "What is a pension plan?" and how you can kind of set up your own. There's a few different options out there, right? Then we'll close the show with what we like to call stocks and bonds. What are the differences, how are they the same, and why is it good to have both in your portfolios? We'll break down some of those terms as well. What do you think, sounds like a good show? LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Now, that fall is here we wanted to bring everybody back in for one big round table discussion. Again, welcome WRR listeners. We are here again to talk about financial strategies and financial management. Our show is different. There's a lot of other financial shows on the airwaves here in Dallas‑Fort Worth, but we really don't do the hard sell. We don't do the hard pitch. We're not here to pitch fear or pitch prosperity. The fact is that we like to get here and talk about what you can do to change your future financially. A lot of it you can do yourself, and a lot of it you'll need some help with. We're here every week to talk about the terms and the vocabulary and to break things down to keep it nice and simple for you so you can learn what you can do. It's foreign to all of us. It's kind of scary and intimidating. The fear of the unknown is significant no matter what it is. It just happens to be the financial talk. LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Today, we're going to capture that essence. Normally we have a full segment, 10, maybe 11, 12 minutes of a particular topic. Today, we're going to change it up a little bit. We've got some questions from some of our listeners, emailed as well as voice mails. We're going to go down through a nice list of questions that people have asked about stocks in general. Not just stocks, but the general kind of a marketplace of Wall Street.  I'm going to just rapid‑gun‑fire some questions we have. If you're into numbers, I have a total of 45 that I've been able to compile. We're just going to hit them and we're going to stay on them for two, three minutes and break them down and help you understand it. I challenge you to listen for the next hour. I'll be you hear at least four or five questions that you're genuinely curious about that are somewhere in the back of your head. We're going to hit some topics today. If your question isn't in this segment, stick around because I've got a feeling it's going to be coming up in the next segment. LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

What is Your Risk Appetite? We're going to occupy the hour with four topics. We're going to start out with the topic of how to measure one's risk. What's the risk appetite? It's different for every single person, so we're going to talk to Bryan about that. Speaking of world politics and stuff, world history and its influence on investing. That'll be a nice bridge. Also, we're going to talk about the differences in investing between men and women. We're going to bridge that topic, and we're going to dance around it softly, without choosing sides, of course. Then we're going to talk about taxes and investing. We'll be discussing those, as well. The implications of investing. LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Doing nothing is the decision not to do something, and that gets you nowhere in a hurry. We just try and remind you that doing something, as little or as big as it may be, doing something is the proper plan. We're here each week at this time, right here on WRR, to talk about the terms and the vocabulary, because the fear of the unknown and not talking about what we are uncomfortable with is natural.We don't like to talk about it, because we don't know enough about it to sound intelligent. We like to come here every week and remind you that it might be scary, and it might be fearful, but you can do something. You can do anything. We've got some client stories we're going to go over later in the show that Bryan has. He's got a bunch of new clients lately, a bunch of our listeners to the show. We're going to talk about some things that he's finding out that people are bringing forward to him, and some of the other topics we're going to talk about on segments today are, we're going to lead off the show with annuities.   LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Today, we're going to capture that essence. Normally we have a full segment, 10, maybe 11, 12 minutes of a particular topic. Today, we're going to change it up a little bit. We've got some questions from some of our listeners, emailed as well as voice mails. We're going to go down through a nice list of questions that people have asked about stocks in general. Not just stocks, but the general kind of a marketplace of Wall Street.  I'm going to just rapid‑gun‑fire some questions we have. If you're into numbers, I have a total of 45 that I've been able to compile. We're just going to hit them and we're going to stay on them for two, three minutes and break them down and help you understand it. I challenge you to listen for the next hour. I'll be you hear at least four or five questions that you're genuinely curious about that are somewhere in the back of your head. We're going to hit some topics today. If your question isn't in this segment, stick around because I've got a feeling it's going to be coming up in the next segment. LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We're here to talk about financial management, savings, and planning for retirement, but really, it's about how to be frugal, how to invest properly, and how to have more money than when you start. A lot of people, as we've talked about before, just don't understand the financial realm. It's not a language we all speak. Sometimes it's just as foreign as German or French, so we choose not to speak it. Bryan and I are here every week, and we like to talk to you and bring up these vocabulary terms, keep things simple. Instead of having everything at a 30,000‑foot level, we like to bring it down to about 5,000 to 7,000 feet so you can see it more clearly. Normally we do, Bryan, as we talked about before the show, we're going to change up the format a little bit. We normally do five 10‑minute segments to fill an hour, or thereabouts, so this time, instead of having one subject that we're going to talk about for 10 minutes, we're going to change it up a little bit. We've had some questions come in from listeners like yourself. They have called on the voicemails, or they've sent Bryan an email. I've got a list of questions that people have been asking about. We're going to do, the whole hour's going to be rapid fire, shotgun... LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.  

Bryan Rigg is our wealth professor. This is "Wealth Strategy with Bryan Rigg." We are here at this same time every weekend to talk to you about financial management and running your own world with your own finances. Sometimes you need some help. A lot of times you need help. We're here every week to talk the finance talk, but not in the vocabulary that you're uncomfortable with or intimidated by. We really do spend time, and preparation, and work at breaking it down in digestible, small bites of information that you can absorb, and pay attention to, and maybe even use around your household to talk about these things. Planning for your future just doesn't happen. Planning for anything in life just doesn't happen. You have to plan to plan. One of my favorite phrases in life is, "Plan to work and then work to plan." You know from the military that's often the case. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We've got some segments we're going to burn, but first, we're going to talk about politics and examples of what's being so impactful in politics, the pros and the cons, and why politics can be such an influence on not just the economy but the market. Then we're going to talk about banks as a method of investing. Everyone has a checking and savings account. When you log in, you tend to get pop‑up windows about how they want to help you with your investing and, of course, mortgages and consolidating. We're going to talk about banks as a method and a system of investing. Another segment we're going to talk about is should we actually retire if we can keep working until our last breath? Is it beneficial to retire? I know it's something that we strive for but when you get to the point where you want to retire, do you actually want to retire? Our final segment's going to be about what we call ETFs, or exchange traded funds. That one sounds really complicated and thick and gooey but we're going to try to keep it light and simple so you can follow along, as well. LEARN MORE at www.RiggWealthManagement.com DISCLAIMER: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Today we're going to hit on a few topics that I think you'll find interesting. We're going to talk about savings plans for college education, then we're going to roll into some big mistakes that people make in saving for retirement. Later in the show, after the bottom of the hour, we're going to deal with the cost of healthcare after retirement. How expensive is it, and can you plan for it, even though we don't know what it's going to be? I can tell you it's going to be expensive. Finally, we're going to close the show with planning for the IRS and tax penalties while you're investing. Whether it's in the market, or 401(k)s, or IRAs, there are tax consequences and things you need to be aware of, so we're going to try and open the pantry door on that. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.  

What we're talking about today is leading off we'll talk about stocks and bonds. Now, you hear the words stocks and bonds together, but we're going to talk about how they're actually different. We're going to talk about what it's like to save at 55. Is it really too late to start planning if you happen to be in your mid 50's? The answer is no, but... Also, we're going to cover a topic about what it's like to use the larger financial firms. The gentlemen I'm here with every weekend actually are independent consultants, but we're going to talk about what it's like to work with the larger wire services and financial firms. Finally, we're going to close out the show with what exactly is a pension plan and where are they? Who does them anymore? There's a few out there. These gentlemen here, David and Gary, will be covering that, as well. For More Information Visit www.RiggWealthManagement.com DISCLOSURE: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Folks, we're glad you're with us here for the next hour. I want to say thank you for letting us contribute to part of your day. We are here every weekend at this time. It is the weekend. It's a great weekend. We're looking forward to having you with us. We're going to talk about a few topics today. We're hitting on four in particular we think you might enjoy. We're going to lead off with insurance. Insurance, you need it for planning. People commonly have life insurance, but we're going to get into some of the details about why it needs to be a part of your financial planning. We're also going to find out what to do with previous employer's 401(k)s. Let's say you've quit a job or you've moved on and changed careers. If you've got 401(k)s that are hanging around with other companies, let's get those consolidated. The why and the what‑fors, we're going to talk about later in this hour. For More Information Visit: www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Coming up today, we're going to talk about stock markets being up and they're down. Is it anything to worry about? Do we need to watch and worry about it? We'll also talk about what banks ‑‑ what they do with our money when we give it to them for savings and checking. We talked off air about what we do with our kids, and how we raise our families, and how finance and savings and taxes really aren't part of a conversation at the dinner table, but it really should be. We're going to talk about what these guys do and what their suggestions are to get financing and savings in early at home. Then we're going to spend a segment to close out the show to learn a little bit about Gary and David, who both work with Bryan. You can call and ask for them directly if you are indeed charmed by their abilities and intellect. For More Information Visit www.RiggWealthManagement.com DISCLOSURE: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

What Exactly is an Annuity? We're going to discuss annuities. What exactly are they? Should you or should you not participate in an annuity program? Also, the definitions and the differences in IRAs and 401Ks. We bounce those numbers around and those items. We consider them in our portfolio, but what are they? What are the differences? We also want to take a segment to clear up confusion about Social Security. There are Social Security benefits, and there's Social Security income. We're going to address some broader elements in Social Security. Finally, our last segment's going to be about TRS. School's out now. Summer's in session. Teachers, some are retiring, and some are starting. Some are continuing their career path as a teacher in our public school system as well as some administrators. What are pension plans for TRS? Is it always going to be enough? We'll talk about that to close the day. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

A trust fund is a vehicle you can use during your life. You can do an irrevocable trust. Then it's solid. It's active, once you fund it. Or you can have a revocable or a trust you fund on your death. This trust, then, will benefit either a foundation or benefit your heirs, your children, your grandchildren, nieces or nephews, whoever you earmark for it. One of the most important things about a trust is that it bypasses probate. If you set up a trust it's not disclosed. If you're worried about people knowing where a certain amount of assets are going to go later on, if you have it in your will it will be probated and it will be a public record. Everybody will be able to see it. If you do it in a trust, it bypasses probate. It's sealed. Nobody knows who's getting what and how much is in there. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

There is a difference between the way men and women invest. There are some, I don't want to say genetic differences, but there are philosophical difference on how and what they're comfortable with, speaking of risk appetite. Also, we're going to do a topic on taxes and investing. There are some dos and don'ts. The government will penalize you for some things and you will have to pay taxes on some of the things and the money you make. We're going to talk about taxes and investing. Then we're going to close the show with a personal segment because we've been doing this for this calendar year, 2017.   LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.  

We're here today for an hour to talk about wealth, and wealth planning, and financial planning, and your retirement, and saving in general. It's not something we do automatically or organically. Having the knowledge to do it and do it right is very empowering. We want you to know because knowledge is power. The topics we'll be covering today are common client roadblocks. We're going to talk about that for a little while, about how clients can get in their own way. Bryan has experience with that. Speaking of experience, we've got a few client stories from Bryan about some of the people he works with, and some goods and bads, and some watch outs. Also, what do we need to know about investing? You want to counsel someone and help them, but you need to be helped as well. What is it about investing that you need to understand and you may be overlooking? Finally, how do brokers and agents get paid? Your investments, you're putting money with these people. How is it that they get paid, and the different rate structures, and things? LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We're here today to talk about financial strategy, financial wealth management. We're also talking about what to do today for tomorrow, and what to do tomorrow for the beyond tomorrow later in life. We're going to talk simple talk. We're going to break things down and make them digestible. We wanted to thank you for being with us today, and listening and paying attention. We'll be around for the next hour. We're going to talk about a couple of segments. Topics we're going to talk about today is divorce. Also, we're going to tap into early retirement. Is it the right time to enter the stock market? Finally, we're going to talk about, say you're in your 40s. What can you do now to save for the future and retire comfortably? LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We're here to talk about not just finances and financial wealth but planning, proper planning, retirement, and saving for schools. There's all sorts of ways you can save money. We're now in a culture where we need to take care of our money for today, for tomorrow, and for the long term. We're here every week, just to keep things simple, just to educate you, to remind you that doing nothing is never the answer. You have to do something. Whether you come and see Bryan at Rigg Wealth Management or whether you just dial in every week, and listen to this show, and learn a few things if we can inspire you to do something then we're doing our job. Bryan is here to help with Rigg Wealth Management. I'm here to facilitate, move things along, and ask the questions that may be on your mind today and every weekend. Doing something with your money. Ask parents. Ask friends. Ask a coworker. Ask your boss. Ask HR. Talk to your bank. Talk to Bryan. Just go online, but please... People have to do something because nothing is not a solution. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.  

Let me tell you what's coming up today in the show. First, we're going to talk about stocks and bonds. They're always mentioned together, but is there a difference, and what are they? Also, we're going to talk once in a while here over the next several weeks about if you're in a certain age bracket, "What is it I need to be doing based on my age?" We'll talk about today, in the 30s. We're going to talk about precious metals, and then we're also going to talk about some simple ways, some practical ways to save nickels and dimes and pennies instead of always looking to save hundreds or tens of dozens of dollars. Bryan's got some great advice about how to break things down. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

I want to talk about the segments we're covering today, but first we're going to lead off with pros and cons of credit cards, the goods and the bads. There are some good things about credit cards. They are good to have. You just don't need too many. We're also going to talk about the misconceptions of social security. No matter where you are, it's good to know, because you're saving money through work, and then as you get older you're able to use that. It's something everybody participates in when they're working. We've got the misconceptions of social security. We've also got are there pension plans out there? Is it like a unicorn where there are a herd of them, but you've never really seen one? We're going to talk about existing pension plans, where are they. If they exist, where are they, and what do you need to plan for in eventualities. Finally, we're going to close out today with private school and education savings for college. Some of this will pertain to most of you, we hope, and we think you'll find it interesting. DISCLOSURE: RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy. “A 529 plan is a college savings plan that allows individuals to save for college on a tax-advantaged basis. Every state offers at least one 529 plan. Before buying a 529 plan, you should inquire about the particular plan and its fees and expenses. You should also consider that certain states offer tax benefits and fee savings to in-state residents. Whether a state tax deduction and/or application fee savings are available depends on your state of residence. For tax advice, consult your tax professional. Non-qualifying distribution earnings are taxable and subject to a 10% tax penalty. Not associated with or endorsed by the Social Security Administration or any other government agency.”

John F. Kennedy, one of our most successful presidents, said, "There are risks and costs to action, but there are far less than the long‑range risks of comfortable inaction." He was a Navy officer in World War II. He knew what it meant to lead men and take risks. One thing I also want to say here is that doing nothing is the worst risk you can take, and that's one thing that we'll be talking about.   LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

It's our belief that clients often need the good, the bad, and the ugly, in order to make a well‑informed decision. There's risk in every single investment you do, and we do our best to explain that risk. We want our clients to understand that, to understand the potential gains, but also the potential risk. They know their situation better than us, we can give them the information to help them make a sound decision. LEARN MORE at www.RiggWealthManagement.com What are savings accounts with banks? When is saving money enough and when is saving money not enough? We're also going to talk about any personal needs you may have for your own liquidity. If you need cash back, or say you lost a job, or some sort of health crisis that you need some help with.  Bryan's going to help us with all that. RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We see quite often in life a lot of people do not manage liquidity events very well. The most dramatic example are lottery winners. When they get a lot of money, what happens in a few years? It's all gone. Granted we don't encourage you to be banking on winning the lottery, but we see that when people do get a liquidity event like that they've put no thought into how to manage that cash. Whether it's on this massive scale of a lottery or whether it is being in control of your 401K, selling a house, having an inheritance, a lot of times when people get that money they do a very poor job of managing it. Another example out there that we've heard quite often about when people get a liquidity event and manage it poorly, and here they know they're getting a liquidity event, are professional athletes. We hear so often that 70, 80, 90 percent of NFL players and NBA players, once they leave the league they're bankrupt in a few years because they haven't properly focused on how to deal with those liquidity events, putting that money away, making sure ‑‑ like I always like to say during these programs, ‑‑ they get their sacred cow, making sure they get the pot of money they need, putting it away and securing it to support their lifestyle going forward. By way of illustration, a lot of times people say, "Hey, I want to replace my salary of $60,000." A good number right now with interest rates is, if you have $1.5 to $2 million put away, you can be fairly assured that you're going to be able to replace that $60,000 salary per year if you put that money away. You have then secured your sacred cow. That's one thing to be looking at when you start having these liquidity events, how it plays into you planning for your future and you securing the bucket of money that you need to maintain your lifestyle. If you manage liquidity events well, that is one huge tactic to be focused on in order to help ensure that you have the retirement you need.  LEARN MORE at www.RiggWealthManagement.com What are savings accounts with banks? When is saving money enough and when is saving money not enough? We're also going to talk about any personal needs you may have for your own liquidity. If you need cash back, or say you lost a job, or some sort of health crisis that you need some help with.  Bryan's going to help us with all that. RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Right now, with the New Year, we've had a lot of political change. We have had a lot of things going on in the world. This is a good time to be looking at your portfolios, seeing what changes you need to be making, also, looking at the instruments that you have right now at your disposal and questioning whether they are right instruments for working towards reaching your goals. I would encourage many of you right now, with all your new years' resolutions, to be looking at one thing in particular, and that is to make sure your financial house is in order. Quite often, I have found throughout the years, some of the things that are most important in life, we don't pay enough attention to, estate planning, making sure your wills are put together, make sure your power of attorneys are put together, a living will, health care surrogates. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We're going to talk about wealth strategies. We're going to educate you on finance. Finance is difficult for a lot of people. It's intimidating. But Bryan, being the wealth professor, he wants to help you understand what you can do for yourself and what he can do for you if you're interested in finding him at Rigg Wealth Management. We're going to cover a couple topics today. We're going to talk about contributing to an employer-funded 401k. We're also going to talk about options with sudden liquidity. If all of a sudden you've got a sudden cash flow, or you're fortunate enough to have a sudden cash flow. LEARN MORE at www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Quite often we get questions about what actually do we do. What do financial advisors do? Simply, it is sitting down with people and helping them come up with a strategy of how to, in most cases, plan for retirement. Also, there is a lot of things that go into financial planning that doesn't necessarily have the compass heading of retirement solely in the crosshairs. There's a lot of things that financial planning can do. How you take care of kids' educations. How you take care of health insurance. How you take care of the mortgage. Best ways to manage those things that are daily life pressures, whether they be car payments, whether they be house payments, and so on. There are a lot of things that go into financial planning, but having a financial quarterback is something that the research shows most people need. They need to sit down with somebody and go over what they are doing and how they are planning for all the pressures in life that require financial discipline, financial support, and so on. EARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Today, we'll be talking about portfolio management and the importance of getting your portfolios up and running. Especially for those of you who have not started investing, the time is now, plan now, is very important to implement if you know you need to do something with your cash that's on the side, or with your IRAs, or with your 401k. Also, this is the last week of tax season. We want to encourage you to, while you're going over your taxes, think about how you are investing. If you haven't started, please come talk to us. We would love to sit down with you and go over your portfolio, see what you're doing. LEARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Since we're in the middle of tax season, we have thought that it's good to approach people about getting their estate planning up and running if they haven't done so, what they need to be thinking about to make sure that they cover the whole gamut of estate planning. LEARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

One thing history tells us is that if you are diversified, your portfolios usually are going to do extremely well in the long run. Another thing people don't look at as far as the fabric of our world and how this came about in helping productivity is women in the workforce. That's something that, really, the last three decades, if you will, women have really been able to enter into the workforce at a very high level. LEARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Today I will be talking about historical events and how we can use those lessons from historical events to understand what's going on in the market today. How that might influence our investing. Also, different things that you want to be looking out in the world today, as far as helping you understand your portfolio. I'm also joined here today with Reid Heller, a lawyer who's been practicing for 30 years. He'll be talking to us about estate planning and things people might want to be considering as they put their estates in order. We thought that would be a good guest to have on the program during tax season, right now, as people are looking at what they've done this last year, how much taxes they're going to have to pay, and looking at their estates. It might be a wise decision, while you're involved with that, to also be looking at how you're putting together your estates, your wills, your trusts, and so on. LEARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

Diversifying not only your investments is important, but also diversifying your spending habits or your saving habits is very important, especially when times are good, which right now, quite frankly, times are very good in the United States. We see that throughout history, practicing diversification is something that people have realized is very important to do. Unfortunately, as we see throughout history, most people do not do it properly, and many people don’t do it at all. Even Shakespeare, in “The Merchant of Venice,” talks about how you should never trust just one investment, no matter how good you think it is. LEARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.

We are talking about what makes a good investor, what opportunities are out there for investing, and what is an investor. LEARN MORE AT www.RiggWealthManagement.com RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters. Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.