Sound Financial Bites

Welcome back to the final episode of this three-part series on Near Misses, Actual Tragedies, & Disciplined Strategies. In this episode, Paul Adams and Cory Shepherd discuss eight strategies that can be used as guiding principles for overall financial well-being. The first five are practical applications that almost anyone can do like setting up a wealth coordination account or practicing building a portfolio. The other two are more philosophical in nature and are meant to challenge the audience to think differently about finance. Paul and Cory discuss the importance of cash flow as it pertains to building wealth. Building an academically allocated and globally diversified portfolio is also a key component to increasing that wealth. They talk about protecting wealth through various strategies such as umbrella insurance. Finally, Paul warns against those who try to use the stock market to outsmart and beat the market. The best way to outperform and increase wealth is by utilizing disciplined strategies, so