• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Michael Clark- CERTIFIED FINANCIAL PLANNER™

Let's Talk Future

  • Home
  • About Us
  • Blogs
  • Contact Us
  • LinkedIn
  • Show Search
Hide Search

Ep. 69: The Not So Quick Get Rich Scheme

May 28, 2017 By Michael Clark

As a whole, the human race is impatient. We all prefer instant gratification to waiting forever in order to get something we want. Everyone wants the fastest internet, quickest weight loss results, or the shortest line at the grocery store. All of that might be well and good for those circumstances, but certainly not for investing. You must be patient with your investments. They should grow over time.


“Our favorite holding period is forever.”- Warren Buffett

Warren Buffet is one of the most successful investors of our life time. He has a wealth of knowledge on the subject. He did not get rich in a day. Only over time was he able to accumulate his immense wealth. He also educated himself. It’s important to become educated about your finances. A financial advisor is meant to help and educate you through your life and changes of the market.

You should feel comfortable discussing your money with your advisor. You should feel like you’re speaking the same language, and feel comfortable asking questions. Use your advisor to educate yourself about your future. Understanding why you need a long term plan, and have to wait will make it easier to be patient. There is a saying that time is money. I think another saying should be introduced. Money takes time.

Our radio show Let’s Talk Future is meant to help educate, and cut through the noise of the financial markets. To listen to this show, or any others click here,

Ep. 69 The Not so Quick Get Rich Scheme

Be sure to subscribe to our listener newsletter if you want to get invited to upcoming events or missed a show.

“An investment in knowledge pays the best dividends” – Benjamin Franklin

• What’s that hot stock pick? (1:55)
• You don’t have control over the markets. (7:48)
• Quote of the Day: “An investment in knowledge pays the best dividends” – Ben Franklin (8:15)
• You don’t know what you don’t know. 20:31
• Listeners ask about what to do with bonds as interest rates go up? (31:33)

Holding investments for the long-term does not ensure a profitable outcome. All investing involves some degree of risk; you may incur a profit or loss.

Filed Under: Blog, Episodes, Front Page Tagged With: Blog

Want Our Help?

Do you find yourself with questions about your retirement and investments? If that’s the case then we’d love to help point you in the right direction. Just click the button below to get started.

Grab Your Call

Footer

Get In Touch

Michael.Clark@RaymondJames.com

Firm Information

Raymond James Privacy Notice

Check the background of this firm on FINRA’S Broker Check

Connect With Michael

  • LinkedIn

Securities Information

Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC
Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Keiron Partners is not a registered broker/dealer and is independent of Raymond James Financial Services.

Address and Phone Number

720 Rugby St. Ste. 200 Orlando, FL 32804

Tel: 407-648-1881

Disclaimer

Raymond James is not affiliated with and does not endorse the opinions or services of 96.5 FM Radio (or) ESPN Radio 580AM or any guests of the Let’s Talk Future show. The Lets Talk Future radio show and 96.5 FM Radio (or) ESPN Radio 580AM are not affiliated with Raymond James. Opinions expressed during the show are those of the speakers and are not necessarily those of Raymond James.

Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC  Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.

The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the US stock market.  One cannot invest directly in an index. Past performance does not guarantee future results.

Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. Any communications received during the show, including text messages, are the property of 96.5 FM Radio (or) ESPN Radio 580AM, and are independent of Raymond James. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Michael Clark, CFP© and/or John McCann, Financial Advisor and not necessarily those of Raymond James. All opinions are as of this date and are subject to change without notice. The information contained in this radio show does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Roth IRA owners must be 59½ or older and have held the IRA for five years before tax-free withdrawals are permitted. Additionally, each converted amount may be subject to its own five-year holding period. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion. RMD’s are generally subject to federal income tax and may be subject to state taxes. Consult your tax advisor to assess your situation. Investors should carefully consider the investment objectives, risks, charges and expenses associated with 529 plans before investing. This and other information is available in the issuer’s official statement and should be read carefully before investing. Investors should consult a tax advisor about any state tax consequence of an investment in a 529 plan. Investments mentioned may not be suitable for all investors. Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your individual situation. The hypothetical examples in these radio shows are for illustrative purposes only and do not represent an actual investment. Actual investor results will vary. Past performance may not be indicative of future results. Raymond James is not affiliated with and does not endorse the opinions or services of any non-Raymond James speakers or of 96.5 FM Radio (or) ESPN Radio 580AM. Raymond James Financial Services, Inc. and its advisors do not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional. This is not a recommendation to purchase or sell the stocks of the companies mentioned.

Site Logo

Handcrafted with in Orlando