So you took a big bet on an individual stock and won, but what's next? When do you transition from concentration to diversification? Will you take more bets in the future? In this podcast episode, I share the problem with taking big bets and the psychological dilemmas it can create. Winning in the short term is great, but to win consistently, you need a sustainable strategy you can maintain conviction in. Return on effort in the real world matters.

Do More With Your Money

The Problem With Taking Big Bets

Join weekly tips here In this episode, I share my thoughts on the current state of Bitcoin. While I recognize the benefits of economic empowerment bitcoin provides, I remain skeptical of the hype as a long-term investment vehicle.    

Bitcoin: Economic Empowerment vs. Investment Hype

Join Weekly Tips Email List Equity compensation can be a complicated financial planning topic to navigate especially if your company doesn't have the resources to provide the necessary education to help you make an informed decision. In this episode, I share some of the common top mistakes I see people make with their equity compensation.

Top Mistakes People Make With Equity Compensation

A broken clock may be right twice a day, but those shouting claims of market crashes are wrong far more often. Market corrections and crashes are part of investing. Putting yourself in a position to remain disciplined during periods of panic is a far more practical strategy on the path to F.I.

The Problem With Predicting Market Crashes

Join Weekly Tips Here In this episode, I share my initial takeaways from Biden's "American Families Plan" Tax Proposal including planning strategies to consider for the rest of 2021.

Initial Takeaways From Biden's "American Families Plan" Tax Proposal

Join Weekly Tips It's not always about maximizing the monetary aspects of your finances. When are you doing enough? Are you spending in a way that provides happiness in the short term? There's an opportunity cost to how we spend our time. Don't overlook the ways you can find balance by being more intentional.

Using Financial Planning To Find Balance

Join Weekly Tips Here When considering the opportunity cost of investment decisions, it's important to have a benchmark to compare to for perspective around expected returns. If you believe in the future of innovation, competition, and population growth, the global stock market is an excellent benchmark. Technology has democratized access to low-cost diversified investing. With a handful of ETFs, you can access a large portion of the investable global equity market. Because of the low costs, (lack of) barrier to entry, and reasonable expected returns, the global stock market should be a starting point for comparing the opportunity cost of alternative investments and ultimately return on effort.

Benchmarks And Return On Effort

Anyone can throw money at an investment. I’m way more fascinated by someone with skin in the game actually building a business. Especially when they lead with transparency around “how I built this.” In this podcast episode, I share with you why it's better to invest in yourself than throwing money at an investment.  

Skin In The Game

Join weekly tips here If you own shares in a private company that turns into a publicly-traded company — you’ve already won.   HOWEVER, once the shares are traded publicly, all bets are off. Why? Because historically, IPOs have generally underperformed broader market benchmarks due to their fundamental characteristics.      

All Bets Are Off Once Your Company's Stock Is Publicly Traded

Click here to join weekly tips. When it comes to the technical side of financial planning, there are three metrics I consistently come back to for determining the health of someone's finances. Each metric is important depending on where you are in your financial journey. In this episode, I share my thoughts on the importance of each metric and when you should start emphasizing tracking each one.

The Three Most Important Metrics In Financial Planning

Have a game plan for managing concentration risk post IPO. If you're waiting to see what happens with your company's share price, you're leaving yourself open to emotional "in-the-moment" decision making. By having a game plan ahead of time, you can act quickly when it makes sense to carve out your path to financial independence. Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

Don't Wait Until Post IPO To Determine When To Sell Your Company Stock

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET). It doesn't matter who it is; it's hard to provide specific advice if someone doesn't know everything about your personal situation. While there is a lot of good info on social media and the internet, always keep the proper perspective that it may not apply to you. In this episode, I share a recent example of contradicting my advice that someone had read on my blog.

Take My Advice With A Grain Of Salt ?: Personal Finance Is Personal

Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET). In this podcast episode, I revisit the investing debate about real estate (specifically rental properties) vs. portfolio (stocks, bonds, etc.). Each type of investing provides its unique tradeoffs, and each type of investor tends to be biassed towards their preferred investing style. I share some of the tradeoffs between the two types of investing styles and why you can do both!

Rental Property ?️ Vs. Portfolio Investing ?: You Can Have Both!

Portfolio construction can get very complicated very quickly. In this podcast episode, I share my framework for constructing an investment portfolio by focusing on financial planning fundamentals. The more complicated you get with investment selection, the harder it is to manage asset location and disciplined rebalancing across different account types. Hunt the antelope, not the mouse. Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

Creating A Framework For Portfolio Construction Through Planning ?

"If your financial advisor hasn't recommended Bitcoin yet, fire them." In this podcast episode, I break down why this is an ignorant statement and why a true financial advisor doesn't build recommendations around a single investment. If you're tying the success of a single investment to your career, you're not a true professional who provides personalized advice in people's best interests. Personal finance is personal. Be keenly aware of the incentives of whoever you take advice from. Join the MWB community and receive weekly tips in the areas of equity compensation, tax optimization, and financial independence directly to your inbox Fridays at 4 pm (ET).

If Your Financial Advisor Builds Their Recommendations Around A Single Investment, Fire Them.

Welcome! The 'Do More With Your Money' podcast is an exploration of using money not only as a tool to build wealth but ultimately to create a meaningful life. My goal is to help you think differently about your money!

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Do More With Your Money

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