FamilyWealthPartners

Saving your 401k, IRA, Mutual Funds, Investing from the misguided advice perpetuated by the financial industry, mutual Fund Co's & Wall Street.

[FamilyWealthPartners @FWPConcordNC]

in Concord, NC this Wednesday May 21st - Fun Education, Good Wine, and Food. Join us to explore the similarities between four common myths about investing & four myths about wine. Learn More & Register Now on our event page --> https://t.co/zRkUHG4XAm

[FamilyWealthPartners @FWPConcordNC]

This time of the year we get a lot of questions about IRAs and with that, what is the difference between a Traditional IRA & Roth IRA.

[FamilyWealthPartners @FWPConcordNC]

@ScottAdamsSays I understand the basis of the article & agree with it in ways. The problem with just a flat fee advisory practice only for planning & advice is you can’t “afford” to serve the middle class. Even at the $2500 most family won’t pay that & firms can’t survive on that amount either.

[FamilyWealthPartners @FWPConcordNC]

What is the difference between a Roth and a standard IRA ... https://t.co/tTY0vzXOZh via @YouTube

[FamilyWealthPartners @FWPConcordNC]

Worried about war and the conflicts currently occurring around the globe? From a humanitarian perspective it is all horrible, bad and something we never want. From an investing perspective the logical thing to do is stay the course.

[FamilyWealthPartners @FWPConcordNC]

Pitch for Growth @SCORECharlotte. Score is a great resource for startup and existing businesses.

[FamilyWealthPartners @FWPConcordNC]

@SCORECharlotte Pitch for Growth. Score is a great resource for startup and existing businesses.

[FamilyWealthPartners @FWPConcordNC]

Great time Uncorking Myths of Wine & Investing w/ a nice wine tasting last night @TotalWine Concord Mills, Concord, NC

[CharlotteVibe @charlottevibe]

🏈✨ Exciting Giveaway Alert! 🌟 To celebrate the upcoming clash of the No. 1 and No 2 picks, I'm giving away a Carolina Panthers Bryce Young jersey. Link to enter https://t.co/ozDz18BgUa

[FamilyWealthPartners @FWPConcordNC]

in Concord on Nov 7th @TotalWine An interesting & fun discussion combining Investing & Wine! We'll be uncorking the myths of investing, myths of wine tasting & how they're similar followed by a Wine Tasting. Our event page to learn more & register now --> https://t.co/4EVcPZzeHg

[FamilyWealthPartners @FWPConcordNC]

Harry Markowitz who won the Nobel in economic science for his work on portfolio theory and the relationship between risk and reward passed away. He will be missed and his contributions to investing will live on forever.

[Robin Powell @RobinJPowell]

I don’t yell like Jim Cramer, Harry Markowitz once said, but my advice to investors is just to buy, hold and rebalance broadly diversified index funds

@RobinJPowell #Investing #WealthManagement #Finance #HarryMarkowitz https://t.co/6ahhEQ0423

[FamilyWealthPartners @FWPConcordNC]

The answer is "no". Timing the market does not work & for those who say they are not doing that ... most commonly you are inside the products (Mutual Funds) you are using. Eliminate this activity completely by using Index or Market Funds instead. https://t.co/yTrCsM85Nz

[FamilyWealthPartners @FWPConcordNC]

in Charlotte- Tuesday, May 23rd. You can still register to attend @TotalWine (Myers Park location) - “Uncork the Myths of Investing & Myths of Wine Tasting” - Learn More & Register now here -> https://t.co/4EVcPZzMwO

[FamilyWealthPartners @FWPConcordNC]

In Charlotte on May 23rd @ Total Wine & More. An interesting and fun discussion combining Investing & Wine! We'll be uncorking the myths of investing, myths of wine tasting & how they're similar followed by a Wine Tasting. Learn more & register now --> https://t.co/4EVcPZzeHg

[FamilyWealthPartners @FWPConcordNC]

@CLARKdotLAW Also a big difference we see is the successful ones are those who implement better & do the things others don't like to do ... ie Make the phone calls, go out in the community, network, etc etc.

[FamilyWealthPartners @FWPConcordNC]

Good information on 529 plans if you are or want to save money specifically for education.

[Saving For College @saving4college]

Understanding the 529 rules and how they’ll impact your education savings is important to get the most out of your 529 plan. Learn what expenses are considered qualified to avoid penalties on withdrawals.
https://t.co/81mc3AC0Tb

[FamilyWealthPartners @FWPConcordNC]

“Feed the good ideas and let bad ideas die of starvation.”

[James Clear @JamesClear]

Your time is better spent championing good ideas than tearing down bad ones.

The best thing that can happen to a bad idea is that it is forgotten. The best thing that can happen to a good idea is that it is shared.

Feed the good ideas and let bad ideas die of starvation.

[FamilyWealthPartners @FWPConcordNC]

The mutual fund industry uses the law of large numbers to perpetuate the myth stock picking is a skill people can do consistently, predictably & know in advance who the best are.

[Robin Powell @RobinJPowell]

Asset managers are not only selling skill, says @BehaviouralJoe — they are paying people a great deal of money on the basis that they possess it.

They should probably think about it more than they seem to.

#EvidenceInvesting #Stocks https://t.co/ZupHIvOncb

[FamilyWealthPartners @FWPConcordNC]

@MichaelHBaker Not funding it enough to at least get the full employer match or worse, not finding it at all, missing out on all the matching contributions.

[FamilyWealthPartners @FWPConcordNC]

Great night at Total Wine saving investors from the misguided advice perpetuated by Wall Street & the Financial Industry. We Uncorked the Myths of Investing and Wine, followed by an Italian Themed Wine Tasting. Thank you all who attended & be on the lookout for the next FWP Event