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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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  1. All Episodes
  2. 3 Worlds of Money + Market Update

3 Worlds of Money + Market Update

Nov 27, 2020

Your financial portfolio is typically divided into three different worlds of money – banking, insurance, and Wall Street. Do you know the differences between the three and how to best utilize each to give you the best chance for long-term success? On this show, Joel will take you through the three worlds and explain each in detail. We’ll also find out what he thinks about the election results and the recent positive vaccine news.

 

Read more and get additional financial resources here: https://johnsonbrunetti.com/podcast-episode-176-3-worlds-of-money-market-update/ 

 

What we discuss on this show: 

0:32 – Joel’s thoughts on the election and vaccine news

5:12 – Overview of the 3 worlds of money

6:45 – Breaking down the Banking world

9:16 – Insurance world

12:49 – Wall Street world

15:59 – Reviewing your portfolio

18:31 – Mailbag Question: My IRA has only made 7% this year while the market has made more than that. Should I fire my broker?

22:04 – Mailbag Question: I have four different investment accounts. Which one should I withdraw from first when I need money in retirement?