Emotional Wealth
23 episodes - English - Latest episode: 5 months ago -Emotional Wealth is an American video, podcast, and Blog hosted by Wealth Advisor, Lon W. Broske, CFS®, CFP®. Using the current most relevant financial climate and topics, Lon is able to give his opinion on what is really going on with your finances. Topics include stock market performance, retirement savings, current events and how they impact the financial climate, general financial education and tips, and much more! Investing involves risk. Loss, including loss of principal, may occur. No investment strategy can guarantee positive results, nor can it protect against loss in periods of declining markets. Past performance does not guarantee future results. Thank you. Securities offered through Royal Alliance Associates, Inc. (RAA), member FINRA/SIPC. Investment advisory services offered through Pines Wealth Management, LLC. RAA is separately owned and other entities and/or marketing names, products or services referenced here are independent of RAA. 11475 Olde Cabin Road #220 St. Louis, MO 63141 Phone: 314-432-2334
Homepage Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Are Financial Advisors Beneficial?
December 14, 2023 06:00 - 16 minutes - 11.3 MBIn this episode, Lon explains why a financial advisor could be important to reaching your goals. Don't forget to like, share, and reach out to us with any topics that you would like to see discussed. Enjoy!
Technology and Investing
November 29, 2023 06:00 - 17 minutes - 12.1 MBThe world of technology is always changing. In this episode, Lon discusses the pros and cons of the technological world when it comes to your Investments. Like, comment, and share with your friends! Enjoy!
How Strong is the Dollar?
November 14, 2023 06:00 - 16 minutes - 11.4 MBIn this episode, Lon discusses all of the current circumstances surrounding the US dollar. He goes in-depth on the rumors of de-dollarization, China and Russia, and much more! Be sure to share the podcast and feel free to email Lon with future topics that you would like to hear about. Enjoy!
Who Should We Listen To?
October 29, 2023 12:00 - 18 minutes - 13 MBThere is a lot of "noise" in the financial world. Financial advice can come in many forms and it's important to distinguish between the good and the bad. In this episode, Lon breaks down who you should and shouldn't be listening to.
Questions to Ask Your Financial Advisor
October 15, 2023 03:00 - 17 minutes - 12 MBIn this episode, Lon discusses a few great questions to ask your potential financial advisor. Lon gives great insight into how to ask these questions, what to look for in an advisor, and more!
Recession, To Be or Not To Be
September 29, 2023 05:00 - 27 minutes - 19 MBIn this episode, Lon discusses the rumors of a dreaded recession. He goes in-depth to explain what a recession is, what signs to look for, and more! If you enjoy the podcast please reach out with any topics you would like to hear about.
Financial Myth Busting
June 16, 2022 10:00 - 22 minutes - 15.2 MBIn this episode, Lon debunks some of the more common financial myths we hear from the media, friends, and even family. In the process of becoming a smarter investor, it's important to recognize these myths. If you or anyone has any questions or ideas for future episodes, feel free to reach out to us. We would love to hear from you!
The Process in Your Financial Plan
August 13, 2021 10:00 - 16 minutes - 11.4 MBIn this episode we discuss what goes into making a financial plan. Lon goes into detail about setting financial goals, proper investment allocation, how to plan properly, and much more! If you enjoy this episode be sure to check out previous episodes and other financial content at Pineswealth.com!
Your Behavior Matters
July 01, 2021 11:00 - 22 minutes - 15.4 MBIn this episode we discuss how your behavior in the markets can affect your financial outcomes. Lon discusses how to properly react to the media and crises in the markets, how to form the proper mindset for investing, and many more topics. Enjoy this episode and check out previous podcasts to gain valuable insights to become a smarter investor and taking emotions out of your investment decisions.
Finally, my suspicions are confirmed...
February 24, 2021 17:00 - 15 minutes - 10.4 MBIn this episode of Emotional Wealth, we focus on a recent white paper that was done by the National Bureau of Economic Research entitled “Why is all Covid-19 News Bad News?”, which explores the media biases during the Pandemic. We also discuss the impact of headlines which have been overwhelming negative and the dangers of letting those headlines drive your investment policy.
Fallacy of Safety
February 15, 2021 15:00 - 12 minutes - 8.42 MBI think we can all agree that 2020, so far, has been one big dumpster fire. Never have I ever looked more forward to an end-of-the-year New Year’s celebration as I have this year. And its only August! Every Dec 31st, New Year’s Eve revelers eagerly chuck out the old and welcome, with open arms, the hope of a better year and a fresh new start. Wow, am I really looking forward to that and I suspect that I am not alone in that sentiment! The dumpster fire that is 2020, has brought about m...
Great Unknown In Retirement
February 01, 2021 17:00 - 13 minutes - 9.54 MBWe talk about one of the biggest unknowns in retirement – It’s psychological impact. Finding your personal “why” in retirement may help you transition to a happy and healthy retirement. I share some practical ideas that may help you find your “why” in retirement.
A Year Of Lessons
January 20, 2021 18:00 - 15 minutes - 10.5 MBI think that we all can agree that 2020 had its share of challenges. No matter the person, nor the circumstance, we may not have all been in the same boat, but we certainly were in the same storm. The gambit of the reasons for our struggles last year were far and wide. Maybe you struggled with health, maybe your job, maybe you suffered stress from the presidential race, maybe you struggled with keeping your sanity, all the while missing family and friends. Yet, I can’t help but think of...
I Choose Hope...
November 20, 2020 18:00 - 17 minutes - 12.3 MBMany people have no idea who Tom Clancy was, nor what he did. He was neither a politician, a philosopher, or a hero. He was very simply a voice of hope, when none existed. Who exactly was Tom Clancy you ask? Well, Mr. Clancy was an American radio personality best remembered for his distinctive 1971 remix of the 1965 popular song “What the World needs Now is Love”. His rendition came at a time when the despair felt by Americans seemed overwhelming. The War in Vietnam was not going well...
Part II: What's Important To Know About Social Security?
October 06, 2020 19:00 - 20 minutes - 14.3 MBPart II of this Emotional Wealth podcast titled, "What's Important To Know About Social Security," will walk you through the options and strategies available to you on a Individual, Spouse, and Survivor Benefit level along with concrete examples to help you navigate through this complex issue so you feel confident when it's ready to file for your Social Security Benefits. Here is What You'll Learn: 3 Stages & Strategy Options Deciding when is a good time to collect Social Security Strate...
Part II: What's Important To Know About Social Security?
October 06, 2020 19:00 - 20 minutes - 14.3 MBPart II of this Emotional Wealth podcast titled, "What's Important To Know About Social Security," will walk you through the options and strategies available to you on a Individual, Spouse, and Survivor Benefit level along with concrete examples to help you navigate through this complex issue so you feel confident when it's ready to file for your Social Security Benefits. Here is What You'll Learn: 3 Stages & Strategy Options Deciding when is a good time to collect Social Security Strate...
Careful . . . Your Confirmation Bias Is Showing
October 05, 2020 19:00 - 15 minutes - 10.5 MBIn this episode, we explore the psychology of being a long-term investor by digging deeper into confirmation bias. Confirmation bias as become so prevalent in today’s highly charged political climate, that the long-term, patient goal driven investor may ignore its dangers. We also discuss the potential outcomes for investors’ portfolios depending on who wins in November.
Part I: What's Important To Know About Social Security?
September 28, 2020 15:00 - 16 minutes - 11.6 MBEmotional Wealth Podcast - #1 Social Security, by Lon W. Broske, CFS®, CFP® . This podcast "What's Important To Know About Social Security," will walk you through the basics and give you some insight and strategies on how and when might be a good time to consider filing for your Social Security Benefits. Here is What You'll Learn How can you coordinate spousal benefits & Survivor Benefits? (Three Opportunities to maximize benefits) How many people are receiving Social Security? Who rece...
Part I: What's Important To Know About Social Security?
September 28, 2020 15:00 - 16 minutes - 11.6 MBEmotional Wealth Podcast - #1 Social Security, by Lon W. Broske, CFS®, CFP® . This podcast "What's Important To Know About Social Security," will walk you through the basics and give you some insight and strategies on how and when might be a good time to consider filing for your Social Security Benefits. Here is What You'll Learn How can you coordinate spousal benefits & Survivor Benefits? (Three Opportunities to maximize benefits) How many people are receiving Social Security? Who rece...
What's Important To Know About Social Security? (Part I)
September 28, 2020 15:00 - 16 minutes - 11.6 MBEmotional Wealth Podcast - #1 Social Security, by Lon W. Broske, CFS®, CFP® . This podcast "What's Important To Know About Social Security," will walk you through the basics and give you some insight and strategies on how and when might be a good time to consider filing for your Social Security Benefits. Here is What You'll Learn How can you coordinate spousal benefits & Survivor Benefits? (Three Opportunities to maximize benefits) How many people are receiving Social Security? Who rece...
"Investors who are Proactive vs. Reactive"
June 23, 2020 17:00 - 10 minutes - 7.26 MBIn this addition of Emotional Wealth we discuss; The difference between Proactive vs. Reactive. Having an emotional, knee-jerk response to short-term events Taking an educated and intelligent non-emotional approach in analyzing the impact to their financial plan from short-term events. Understanding the differences between the two, and the potential impact on your financial goals. Using Proactive to help control your emotions during an emotionally driven time.
"Should I Make a Roth IRA Conversion?"
June 19, 2020 19:00 - 26 minutes - 18.1 MBWhat are the mechanics behind a Roth Conversion? Mechanically, this strategy involves converting savings from a pretax retirement account, such as 401(K) or a Traditional IRAs, to a tax-free Roth IRA. What are the primary items to consider? Current and Future Tax Brackets Expected Income Sources Types and Amounts in Different Investment Accounts Time left until withdrawals needed Comfort Level with Investment Risk Is a Roth Conversion right for you? While this strategy can help you...
Three Types of Bear Markets - 2020
June 04, 2020 19:00 - 9 minutes - 6.41 MBThree Types of Bear Markets Here's what you will learn: Structural Bear Market: Learn how Structural Bear markets are triggered and how they are defined. How do structural imbalances and financial bubbles play a part in this type of bear market. Cyclical Bear Market: Learn the functions of Cyclical Bear Market and how rising rates, impending recession, and falling profits play a part with this type of bear market. Event Driven Bear Markets: Learn what triggers event driven bear market...