Todd Tresidder Financial Mentor Unplugged and On a Roll. Ep. 32

Todd Tresidder shines a light on Financial Myths, Truth’s and Half-Truths, The Next Big Bubble, the financial reality for baby boomers, the math of advisor fees, generational financial changes, today’s current truth of “low cost passively managed index buy and hold”, and much much more.

Approximate Show Notes

  • The investment financial models and what is wrong with them. (2:10)
  • All are portions of the truth. (4:30)
  • Financial Mis-information – Truth vs UnTruth (5:31)
  • Where Vanguard’s John Bogle made a mistake. (6:19)
  • Low Cost Passive Management Index Fund analogy to Congress. (7:30)
  • His teaching is science and math. (8:15)
  • 7 Steps to 7 figures. (9:00)
  • Emotions and Facts. (9:26)
    • Pay off mortgage or have debt.
    • His condo experience.
  • From what perspective is this advice? (14:00)
  • The more you can move toward the math, the better you will do. (15:37)
  • The Next Big Bubble (21:29)
    • Expectancy Principals
    • Todd’s investing mistakes history.
    • Called the stock market bubble.
    • Called the real estate bubble.
  • We mistake the last 3 years low interest rates as reality. (26:00)
    • No positive expectancy net of inflation.
  • The universal trends in the 1980’s. (29:27)
  • On a roll. (30:45)
  • Would a 50% haircut change your retirement future? (33:00)
    • Risk Management Strategy
  • The Financial Reality for Baby Boomers. (35:00)
  • Math of accumulating assets vs Math of Living off assets. (35:37)
  • Half Myth – the market always comes back. But your portfolio does not. (37:00)
  • What Tony Robbins got right in Money-Master the Game. (38:50)
  • Average returns are a Mathematical Fiction. Compound Returns are not. (42:24)
  • Callan Charts – Past performance not indicator of future performance. (44:36)
  • The math of advisor fees, or how you lose 75% of your income. (47:00)
  • The 4% withdrawal rule was made on assumption of no fees. (49:00)
  • Wealth Front, Betterment – the downside is no risk management. (50:00)
  • Generational Changes is what is the truth. (51:50)
    • Low Cost Passive Index Buy and Hold.
    • same as 1980’s stock market
    • same as 2007 RE bubble.
  • The Truth today is do not get sucked into half-truths. (53:39)
  • What Tony Robbins got wrong in the Money-Master the Game. (55:00)
  • The 4% Rules BIG mistake. (57:00)
  • Todd’s top stock picks for 2017. (59:10)
  • Self Directed IRA’s. (1:01:38)
  • Reverse Mortgages – (1:02:49)
  • How do you know when you can retire? The 3 Models. (1:03:17)
  • Todd’s favorite music. (1:04:50)
  • Death and dying.
  • Looking back from 95.
  • Financial Myths.
    • Risk = Reward
  • Baby Boomers Late Start Model. You can still do it. (1:11:00)
  • Expectancy analysis is the truth.
  • False Assumptions Will Cost You Money. Find out about them now.


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