Financial Fortune Cookie Wisdom

What can you learn from that little piece of wisdom folded into a fortune cookie? We talk through some tidbits of wisdom and how it fits in your financial plan.
Share this episode with a friend:

Confidence Corner

After enjoying a bit of Chinese takeout food, you might top it off with a nice fortune cookie. Inside you find a little something interesting or a life lesson. Today we’re talking about what fortune cookie wisdom might apply to your financial future.

To start, “The greatest danger could be your stupidity.” With investing and financial planning, ignorance may cause bad choices. You don’t always know what you don’t know. Nathan focuses on educating clients so they are aware of their investments and the strategy behind their financial plan.

“Crisis is an opportunity riding on a dangerous wind.” Financially speaking, a downturn does provide an opportunity. It’s a good buying opportunity when you’re in your working years, but even in retirement this could provide an opportunity. Maybe it’s an opportunity to rebalance. It’s a chance to buy low, but consider the dangers and make sure it aligns with your plan’s structure and your risk tolerance.

If you “accept something you cannot change, you’ll feel better.” Things like interest rates, markets, and taxes are all things beyond our control. You can however make sure you plan in advance and protect yourself. Look at how things will impact you down the road. Finally, be careful when it comes to the statistics. Meet with an advisor to create a plan that works for you and pulls of this wisdom into one place.  

Listen to the entire episode or skip ahead using the timestamps below.

0:35 – Nathan recently celebrated an anniversary with a trip to the Big Apple.

3:46 – “The greatest danger could be your stupidity.”

7:10 – “Crisis is an opportunity…”

9:25 – “Accept something you cannot change…”

11:52 – “Don’t let statistics do a number on you.”

 

A Point Of Wisdom:

“It’s worth however long it takes–two or three meetings–however many it takes to get it done. It’s worth that because you’ve got that piece of mind, know where things are, you know what the plan is, and you can adjust over time.”

-Nathan O’Bryant

Share this episode with a friend:

EXPLORE MORE EPISODES

Discussing Dave Ramsey’s Advice

Radio talk show host turned TikTok user, Dave Ramsey, is known for doling out financial advice to a wide audience. Today, we talk through some quotes from Ramsey to see what Nathan thinks as a financial advisor. Be it investing from a place of knowledge to relying on delayed gratification to make decisions, there’s a lot we can learn from him. Ultimately though, you have to have a strategy and a plan that works for you in order to meet your financial goals. Working with a qualified financial professional to create that plan will be better than simply generic advice for the masses.

Listen Now »

The Future of Retirement in America

When we look toward the future, what’s ahead? Whether you take more of an optimistic or pessimistic view of things, it’s important to know what to expect. We talk about what Americans may face when it comes to retiring in the years ahead.

Listen Now »

Bashing the Roth?

In a shocking turn of events, we’re going to spend some time bashing the Roth today. Inspired by an article we found on Yahoo Finance, Nathan shares his thoughts on a Roth. Is it really the right thing for you? Instead of basing your decisions on some one-size-fits-all financial advice, it’s important to consider your unique and personal financial situation.

Listen Now »

YOUR HOST

Nathan O’ Bryant is the founder of O’Bryant & Associates, Inc., a Registered Investment Advisory firm in the state of TN. He’s been helping people plan for retirement and their financial futures for more than 15 years.

The weekly podcast features discussion and excellent guidance on the important financial planning questions we all have. Whether it’s tax planning, retirement income, social security or the stock market, you’ll find that no topics are off limit on this show.

YOUR HOST

Nathan O’ Bryant is the founder of O’Bryant & Associates, Inc., a Registered Investment Advisory firm in the state of TN. He’s been helping people plan for retirement and their financial futures for more than 15 years.

The weekly podcast features discussion and excellent guidance on the important financial planning questions we all have. Whether it’s tax planning, retirement income, social security or the stock market, you’ll find that no topics are off limit on this show.

SUBSCRIBE