May 8, 2020

Things continue to fluctuate week to week so we’ll get a market update from Joel before we gain wisdom from Benjamin Franklin. Find out how some of his famous quotes can be applied to financial planning.

Read more and get additional resources here: https://johnsonbrunetti.com/?p=5299 

Today's show schedule: 

0:32 – Joel’s current working location update.

1:11 – What’s the current status and timeline for Johnson Brunetti and the northeast. 

3:12 – In terms of the market and investing, what kind of conversations are you having right now.

5:18 – Mailbag Question: I have two old 401k that I’ve needed to rollover for a while now but I never got around to it. I’m ready now but is it still a good time to do that with the market down so much.

6:24 – You have three choices with your investments.

7:19 – You’re locking in your losses just by rolling it over.

8:41 - Time to talk about Ben Franklin quotes that relate to financial planning.

9:19 - “He that is of the opinion that money will do everything may well be suspected of doing everything for money.”

14:45 - “Those who are easily offended should be offended more often.”

15:22 - “By diligence and patience, the mouse ate into the cable.”

17:15 - “By failing to prepare, you are preparing to fail.”

17:54 - Mailbag Question: My family has had a stroke of good luck recently, a surprise inheritance from my aunt, and the coronavirus stimulus checks as a bonus. What should be my priority with this money?

19:41 - The advice for this question could be different for every person.

21:56 - Mailbag Question: Is it a good idea or a bad idea to have my investments, taxes, and legal documents for my estate handled by the same firm?