Tag: Long-Term Investing
10 Essential Steps to Guide Your Children Toward Financial Fulfillment (Ep. 38)

10 Essential Steps to Guide Your Children Toward Financial Fulfillment (Ep. 38)

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Financial growth for children starts with the right guidance from parents.

How can parents instill financial wisdom in their children from a young age? What steps can they take to ensure their kids grow up financially savvy and independent?

This week on Harnessing Your Wealth, Billy Peterson and Shaun Peterson discuss ten essential steps every parent should follow to teach their children about finances.  

You’ll learn practical advice, real-life examples, and some humorous anecdotes that highlight the importance of financial education for the next generation.

Billy and Shaun touch on: 

  • The importance of teaching financial concepts like budgeting and investing from a young age
  • Avoiding habits like impulse purchases and unnecessary debt
  • Allowing children to make their own financial decisions and learn from mistakes
  • Encouraging long-term investing and the power of compound interest
  • And more!

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Investor Insights: The Current Market Mania (Ep. 30)

Investor Insights: The Current Market Mania (Ep. 30)

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In a time where technology and artificial intelligence are rapidly transforming various sectors, the financial market is witnessing a significant influx of tech and AI investments. 

For investors and those in the financial sector, understanding how tech advancements affect the market and their impacts is key.

This week on Harnessing Your Wealth, Shaun and Cade Peterson ask Billy Peterson about the current tech and AI market frenzy, discussing whether it’s a bubble or a sustainable trend. They explore the strategy of inaction and the power of patience in investment. The conversation also covers the impact of AI, Bitcoin, the effects of election-year politics on investments, and the evolution of the financial services industry.

Together, they discuss: 

  • Experiences during the tech bubble, the frenzy around IPOs, and the subsequent market collapse
  • Parallels between the tech bubble era and the current AI and tech boom
  • The contradictions in perceiving crypto and Bitcoin as both a currency and an investment
  • The impact of the “magnificent seven” companies on the S&P 500 returns
  • Market performance during election years and the factors that influence market returns
  • The impact of media on public perception
  • A comparison of past manual trade operations with current technology-driven market operations and the value of long-term planning
  • And more!

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Connect with Cade Peterson:

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