Episode Details

Truesdell Wealth, Inc.
Casual Breakfast Conversations No Cost or Obligation

In-Person / Wednesday, December 11h
The Truesdell Military Procurement Portfolio
Stone Creek Golf Club - The Grille
TEXT, OR CONTACT FORM US NOW

In-Person / Thursday, December 12h
MICA Income & Return Lock
Stone Creek Golf Club - The Grille

In-Person / Wednesday, January 8th
The Cut to Social Security Will Stink
Stone Creek Golf Club - The Grille

Online & On-Demand
Additional Engagements Online & On-Demand Will Be Scheduled - See TruesdellWealth.com/events
Reservations are available by calling 352-612-1000 or the CONTACT FORM
( https://truesdellwealth.com/contact )

Eirinn Abu and Tunnel to Towers Foundation Concert Fri, Feb 28, 2025 @ 7:00PM Circle Square Cultural Center, 8395 SW 80th Street, Ocala Florida - Join Eirinn Abu and two of his Miami Sound Machine band members for a wonderful concert in support of the Tunnel to Towers Foundation. The event theme is a night of music and movies.
https://eirinnabu.com/event/5760795/695871447/eirinn-abu-and-tunnel-to-towers-foundation-concert

Corporate Sponsors: Truesdell Wealth, Truesdell Consulting, and Truesdell Insurance.
https://truesdell.net

Rough Transcript

1 There’s absolutely nothing wrong with playing it safe—period. It’s perfectly reasonable to believe that a significant portion of your financial fate is shaped by forces beyond your control. And if you prefer to take a more passive approach to money management because you prioritize safety, security, and a steady income over chasing the next big investment trend, that’s perfectly valid.

2 You’ve likely seen how these so-called “hot investments” can blow up in people's faces—rich today, not so rich tomorrow. If you’re someone who values stability, particularly if you're in a situation where your partner is older or facing health challenges, it’s entirely appropriate to plan for a steady income stream. The reality is, you may need to prepare for the possibility of being alone for many years. And if you don’t base your financial decisions on deep, exhaustive analysis, that’s okay too. What matters is understanding the value of working with a fiduciary—someone who’s fairly compensated, treats you like an adult, and doesn’t talk down to you. Instead, they should teach and inform you, providing plenty of information that’s readily available online and on demand.

3 It’s also natural to be a bit wary of others, especially given all the Ponzi schemes, the Bernie Madoffs, and the countless rip-offs that have surfaced over the years. You and I both know how often the words “guarantee” or “warranty” get thrown around, only for them to become meaningless when a company goes bankrupt, gets sold, or merges, rendering old contracts null and void. And when someone sues, what does the judge do? All too often, they side with big business, leaving the little guy high and dry.

4 There’s nothing wrong with believing that sometimes, being in the right place at the right time is crucial for landing the right job, securing a promotion, or getting that much-desired salary increase. Not every bad outcome is the result of a bad decision; sometimes, it’s just plain bad luck. Maybe you invested a month or two before or after your neighbor, doing almost the exact same thing, yet they end up with three times as much money. It’s baffling how those tiny differences—a day too soon, a day too late—can add up.

5 Here’s the bottom line: you can do everything right in life and still get clobbered. People don’t appreciate just how muc