28 episodes

Welcome to Financial Foursight. This podcast is hosted by four fee-only CFP Professionals to help consumers understand the financial industry. Each provides candid insights on topics that matter.

The podcast is for general information and entertainment purposes only and should not be considered investment advice. Nothing contained in this podcast constitutes tax advice, a recommendation for purchase or sale of any security, or investment advisory services. The opinions expressed by the hosts and guests are solely their own and not representative of any of their respective firms.

Financial Foursight Financial Foursight

    • Investing
    • 4.8, 5 Ratings

Welcome to Financial Foursight. This podcast is hosted by four fee-only CFP Professionals to help consumers understand the financial industry. Each provides candid insights on topics that matter.

The podcast is for general information and entertainment purposes only and should not be considered investment advice. Nothing contained in this podcast constitutes tax advice, a recommendation for purchase or sale of any security, or investment advisory services. The opinions expressed by the hosts and guests are solely their own and not representative of any of their respective firms.

    #28 Real Economy vs. Stock Market, PPP Abuse, and 2020 Thoughts

    #28 Real Economy vs. Stock Market, PPP Abuse, and 2020 Thoughts

    In this episode, the guys discuss a litany of topics but finish with some of the best thoughts that have ever been shared on a podcast episode.

    They kick off the episode talking about the disconnect of the market and the real economy and why that is something that is normal.

    Share a tweet of the week from @mkobach that talks about borrowing ideas from other industries to bring that cross-pollination of ideas. https://twitter.com/mkobach/status/1266108989189902336

    Discuss the idea of financial advisory firms taking the PPP loan funds and the issues seen with doing that.

    Finally, Colin prompts one of the rawest conversations on the podcast and what we are all feelings and seeing with the impacts of COVID-19 and the civil unrest.

    • 39 min
    #27 - What's Your Investment Philosophy?

    #27 - What's Your Investment Philosophy?

    On this week's episode, the guys discuss big picture investment philosophy.



    Morningstar Long View: Inertia Can Actually Be A Helpful Thing: https://www.morningstar.com/podcasts/the-long-view/53

    Setting the Record Straight on Asset Allocation

    https://blogs.cfainstitute.org/investor/2012/02/16/setting-the-record-straight-on-asset-allocation/

    • 1 hr 1 min
    #25 - Where are we spending money? | Do I Invest Today? | Wounds & Scars from COVID-19

    #25 - Where are we spending money? | Do I Invest Today? | Wounds & Scars from COVID-19

    In this episode Colin, Ian, and Isaiah discuss the following:

    The New York Times article on where consumers are spending and where they are slashing consumption in today's market. https://www.nytimes.com/interactive/2020/04/11/business/economy/coronavirus-us-economy-spending.html

    We have a lively debate on investing today: Do you continue as is? Would you put a big lump sum of money in the market? What has changed and what hasn't changed?

    Finally, we discuss an article by Morgan Housel on the crisis and what will be forgotten and what will be sown into the fabric of society for years to come.  https://www.collaborativefund.com/blog/wounds-heal-scars-last/

    • 38 min
    #24 COVID-19 & Long-term Impacts | Lessons Learned

    #24 COVID-19 & Long-term Impacts | Lessons Learned

    In this episode, we talk about the biggest story of recent memory, which is COVID-19. We discuss the WFH (work from home) movement going to change significantly how we all work in the future? How we all work virtually and lessons learned.

    The tweet of the week is one from Ryan Holiday (@RyanHoliday) and what he has learned from Tim Ferriss (@tferriss) - https://twitter.com/RyanHoliday/status/1240345479331950592


    Batch Activities Together

    Treat Everyone Like They Can Put You On The Front Page Of The New York Times

    Unreasonable Goals Drive Accomplishment

    Get a Win Every Day

    Champion Other People’s Work

    Try New Things

    Eat Right To Feel Right

    • 29 min
    #23 Market Efficiency | Coronavirus | Uses of Cash Value Life Insurance

    #23 Market Efficiency | Coronavirus | Uses of Cash Value Life Insurance

    In this episode, we talk through the quickest 10% loss in stock market history. Prompting the question are markets efficient. Colin, Dwight, Ian, and Isaiah all weigh in.

    The impact of the coronavirus to our lives, investing, and financial planning.

    Tweet of the Week - WCI on Coronavirus https://twitter.com/WCInvestor/status/1234341853756973057?s=20

    Isaiah brings up a topic that was a snarky comment from LinkedIn about Cash Value Life Insurance, and it's uses. We debate and discuss and share when it "may" make sense.

    https://www.growingyournetworth.com/dont-buy-fear/

    • 34 min
    #22 CPA or DIY | Lawful Good | The Tax Mistakes You Can Avoid

    #22 CPA or DIY | Lawful Good | The Tax Mistakes You Can Avoid

    In today's episode, we discuss when to hire a tax professional and when it might make sense to do it yourself. How to think about paying for tax help and when it can be a lifesaver. Dwight dives into a lot of detail, given his CPA and tax background.


    VITA - Free Tax Prep for those that qualify through the IRS - https://www.irs.gov/individuals/free-tax-return-preparation-for-you-by-volunteers

    AARP - Free Tax Help - https://www.aarp.org/money/taxes/info-2020/get-free-tax-filing-help.html


    Tweet of the Week - A friend of the podcast Dan Routh talking about an analogy for fiduciary vs. suitability.  https://twitter.com/DanRouthCFP/status/1225813339705675793

    Finally, we share the biggest and most avoidable tax mistakes we've seen and how best to avoid them!

    • 31 min

Customer Reviews

4.8 out of 5
5 Ratings

5 Ratings

Top Podcasts In Investing

Listeners Also Subscribed To