When Your Focus is Off, You Can’t Hit the Target
Focus is not aiming. You can’t take aim at something, like a financial goal, unless you see correctly. That’s why a pair of glasses or contacts are called corrective lens. They correct your inaccurate view. If you’re not seeing correctly how can you hit what you’re aiming at? So seeing correctly and gaining the right focus is the first step towards hitting a goal. Watch the interview with popular platform speaker, best selling author and registered financial consultant Justin Shaw.
In 2008 the market meltdown exposed the obvious for many a financial pro. That they were human. That they were not exempt from the events of the world around them. They were so close to the action that they couldn’t tell the forest from the trees. The following is an excerpt from one such adviser Justin Shaw.
Regardless of how hard I worked, I wasn’t insulated from economic downturns. The sudden downturn of 2008 forced my hand. Suddenly, my clients’ priorities and more defensive financial posturing severely impacted the growth of my business practice. People didn’t want to talk about their finances even if they needed my help. Many acted as though, if they avoided the subject matter, it would simply not impact them! They avoided opening their investment statements for several months, if not years! These devastating events were to become the very same that would ultimately save my personal life while redirecting my professional career.
This was a great time for personal and professional growth. These unwelcomed experiences forced me to reassess myself. I could no longer base my self-worth on the money I generated or the possessions that I owned. I began to realize that I had value without extreme material wealth. My excess became moderated and I began to focus on my marriage, my children and my relationship with God.
Soon the discordance within me began to subside. My internal void started to fill up with meaningfulness and purpose from the very familial and spiritual relationships I had once casually taken for granted. I began to feel happier and more fulfilled in both my personal life and within my professional arena. Clients seemed to notice a greater resolve in me to meet their goals. I shifted my focus to helping my clients prepare for retirement in what were then unconventional ways. If I were to change, then I would have to reinvent my practice and marry it to these newly reacquainted values. – Justin Shaw
This press release contains selected content from Amazon Best Seller Lists The Soul of Success featuring Justin Shaw.
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Money market funds, CDs and savings accounts were the safe money havens of the past. But today, they’re crediting rates are so low, taxable and eroded by inflation. You worked hard for your money, so you need to make your money work hard for you. ...
Released On: 1/20/2017
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After the market meltdown of 2008, investors and savers alike want to have safe alternatives for portions of their money. Many near or in retirement just can’t afford another major downturn in the market, so conservative options need to be sought ...
Released On: 1/19/2017
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Released On: 1/18/2017
Views: 2504
Every investor should have a financial profile that includes a risk-tolerance assessment, timeline goals and a retirement or estate strategy. It becomes the reference point for all your money decisions and any plan alterations that will occur. Wa ...
Released On: 1/17/2017
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It’s really troubling in the information age an investor can’t seem to secure the true cost of their investments or consulting advice. Even when you Google—the front of all knowledge—most financial products disclosures don’t reveal the total cost ...
Released On: 1/16/2017
Views: 2652
Elder care in retirement is the greatest economic threat to seniors. Medical expenses and long-term care costs can exceed $220,000 for a married couple during their golden years, and living longer could increase the costs even further.
Released On: 1/14/2017
Views: 2813
The number-one concern of retirees is they may be outliving their money, but their number-one compliant is paying taxes during retirement. Focusing on taxes needs to be coordinated with the purchase investment products to determine investor suita ...
Released On: 1/13/2017
Views: 2565
Most retirees don’t focus on required minimum distributions. Some don’t even know what RMDs are. Only a few seniors have a handle on them and are aware of the penalties for not complying with the laws that govern RMDs.
Released On: 1/12/2017
Views: 2709
Retirement income just not just triggering a lifetime annuity and just setting it and forgetting it. Portfolio income needs many investment positions to generate retirement income to age 100.
Released On: 1/11/2017
Views: 2547
It is impossible to be in the advisory business, be altruistic and be profitable? Is there such an inherent conflict of interest between advisor and investor that the compensation models that exist today need to be scraped? The Department of Labo ...
Released On: 1/10/2017
Views: 2403
Many modern portfolio proponents use the risk-return theory of the efficient frontier to measure market returns against risk exposure. The goal is to optimize returns with the least amount of risk. If portfolio performance falls below the efficie ...
Released On: 1/9/2017
Views: 2631
More than ever, seniors in or near retirement are struggling to create a reasonable lifestyle in their golden years. Many have mortgages, short debt and family obligations, such as long-term care costs for their aging parents and unpaid college l ...
Released On: 1/7/2017
Views: 2722
Sooner or later most seniors will experience some type of morbidity or illness event during retirement. Some retirees live in single story homes, with limited or no steps at all. Walk-in bathtubs, nonskid tile and support bars can help, but they ...
Released On: 1/6/2017
Views: 3176
You’re probably being pummeled with Medicare literature in the mail, but what’s really covered? The topic is overwhelming, thanks to the complicated coverage policies. Watch the interview with retirement specialist Curt Chojnowski.
Released On: 1/5/2017
Views: 2589
Depending upon your risk tolerance and the state of your health, you may want to consider TAMRA compliant cash value life insurance designed for accumulation and not necessarily as a death benefit.Watch the interview with retirement specialist Cu ...
Released On: 1/4/2017
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Most seniors and retirement advisers focus on qualified plan monies. But there are non-qualified monies that could make the difference between experiencing retirement prosperity or retirement poverty. Watch the interview with retirement specialis ...
Released On: 1/3/2017
Views: 2490
The nations of the world continue to print money, expand their governments and obligate their taxpayers with debt they can’t repay. The world economy is so interconnected, that when the first domino falls it will cause a rippling effect of a worl ...
Released On: 1/2/2017
Views: 3260