163: Lifting Rocks and Peeking at Dirt

This episode has it all. From planner and advisor, drones to go fund me, and slowing down killing us. The overnight rich, the long-term poor, and how agriculture slaves serve the avocado toast eaters. But wait, then there's Woodstock and Coachella. And we connect the dots chief.

Show Notes

1. 00:00:00 Introduction
2. 00:01:19 Financial Planner or Advisor - The lack of trust from a lack of consistent definition between the word planner and advisor. 
3. 00:04:14 Laser Sword versus the Drone - A simple low-power and inexpensive presentation tool is taking on the man in the sky.
4. 00:06:36 Boss, Can you chip into my Go Fund - More employers are offering to help pay off student debt.  Here's an interesting take to secure longer-term employment.
5. 00:10:00 Slowing Down Will Kill You - Physical wealth is the most important component of the five components of wealth that we've created.  Slowing down physically will kill you.  Don't slow down. 
6. 00:15:47 Overnight Riches & Next Day Poorhouses - 2020 is right around the corner and the get rich scams are starting their blow out advertising to lure the weak-minded into attending the next and greatest get rich seminar.  Hogwash remains hogwash.
7. 00:18:13 The Long-Term Rip Off By Way of Insurance - Listen to what Paul Truesdell has to say about long-term care insurance.  This is the man who called it decades ago, especially with Penn Treaty. 
8. 00:24:02 Agriculture. Weather, and Morals - The weather can and does cause issues with farmers. Are we looking at a natural disaster?  Not likely but tough times could be ahead. It's natural, not man-made.
9. 00:57:39 Connecting Dots Ending
10. 00:58:39 After Show Discussion
11. 01:01:36 Money Lessons from Woodstock 1969, 1994, and 2019

Additional Show notes can be found at DOTS.fm

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Today’s Podcaster: Paul Grant Truesdell, J.D., AIF | CEO

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Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved.  Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only.  Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs.  Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed. 

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