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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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May 22, 2020

Are you letting the market downturn and the recession keep you from taking a close look at your finances? If you aren’t spending time repositioning your investments, you might be making a decision that will take years to overcome. Find out what Joel is telling his clients and why it’s vital that you avoid complacency during a financial crisis.

 

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Today's show schedule: https://johnsonbrunetti.com/?p=5358 

 

0:20 – Where is Joel broadcasting from this week? 

1:15 – An update on Joel’s children during this quarantine and what’s coming.

3:03 – Big companies are big companies for a reason.

4:51 – What is the job market going to look like in the near future?

7:14 – What we’re talking to clients about right is avoiding complacency right now. 

8:31 – It’s time for a giant reset for everyone.

10:18 – What would you say to someone to motivate them to stop being complacent?

14:43Mailbag Question #1: Is it better to work with an advisor that charges an hourly fee for advice or someone who charges a management fee based on percentage of assets?

19:37 – An advisor helps people make those tough decisions they wouldn’t make on their own. 

21:29Mailbag Question #2: I’m nervous about how much money I have in the stock market. What’s the right amount for me to have invested in my late 50s?