Day: May 16, 2024

Stephen Ng discusses the importance of diversification and risk management in retirement planning.  Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-stephen-ng-clu-chfc-cep-founder-of-stephen-ng-financial-group-discussing-how-to-grow-protect-retirement-wealth/  Diversification is a key strategy for building a secure financial future, especially in uncertain economic times. In a recent podcast, financial advisor; Stephen discussed the importance of diversification and how it can help clients weather financial storms and achieve their retirement goals. Stephen outlined six major financial storms that investors need to be aware of, including government overspending, deficits, inflation, healthcare costs, and increasing taxes. These…

Michal Opp discusses understanding the importance of purpose-driven and performance-driven accounts. Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-michael-opp-founder-of-opp-financial-purpose-vs-performance-fiduciary-concerns-purpose-driven-accounts/ Understanding the difference between purpose-driven and performance-driven accounts is essential for effective financial planning. In a podcast episode, Michael Opp stresses the importance of recognizing these distinctions to help individuals reach their financial goals. Purpose-driven accounts are designated for specific obligations such as bills, mortgage payments, insurance, and other essential expenses. These accounts serve a specific purpose and are not intended for growth or high-risk investments. The primary…