Daniel Wilson

Planner @ CoFi | Candidate for CFP® certification | Celtics fan ☘️ | Music Lover | Most money problems are people problems | My Opinions; Not Investment Advice

[Daniel Wilson @danwilson29]

I'm Dan, a financial planner in Portsmouth, NH and a Candidate for CFP® certification.

I believe most money decisions are really decisions about fear, identity, and what we want our lives to look like.

Here's what I post about:
• Money and behavior in plain English
• Lessons from the books I'm reading
• Celtics takes (some smart, some emotional)
• Hip hop bars that double as money advice

If that sounds like your kind of feed, follow along.

[Daniel Wilson @danwilson29]

@MichaelKitces One I'd add for new planners that goes more into EQ and not IQ: get comfortable with the conversations

Most clients need someone who listens well and helps them actually follow through.

[Daniel Wilson @danwilson29]

https://t.co/lSt3khkQT4

Watch the full episode on Youtube or listen on your preferred podcast app

[Daniel Wilson @danwilson29]

Debt is rarely just a math problem. Most of the time, it's the emotional. It can be shameful, it can feel like a never ending problem.

It all starts with a mindset to establish a plan. Taking the extra work, grinding it down piece by piece, and while realizing you aren't the only one who has been there.

[Daniel Wilson @danwilson29]

@EricBalchunas Just to point out something others may not know: Leveraged ETFS reset daily.

Buying the dip in a 2x fund is a different game than buying the dip in an index fund.

[Daniel Wilson @danwilson29]

@Polymarket And if this doesn’t pass… how long before eminent domain enters the chat?

[Daniel Wilson @danwilson29]

https://t.co/L5arWGvaaF

[Daniel Wilson @danwilson29]

“We’ll spend less on travel when we’re older.”

Maybe. But fewer trips doesn’t always mean cheaper trips.

Build your retirement travel budget around the trips you actually want, not just a number on a spreadsheet.

One of several topics we covered on Compound Growth—now on YouTube, and coming Monday wherever you listen to podcasts.

[Daniel Wilson @danwilson29]

@Jason I named my dog Dividend.

He’s not much of a guard dog, but he provides regular returns.

[Daniel Wilson @danwilson29]

@BrianFeroldi This is the chart I wish every client saw after a rough week.

Short term is mostly feelings. Long term is mostly businesses earning money.

[Daniel Wilson @danwilson29]

@charliebilello Useful reminder that brackets get inflation-adjusted every year.

People hear "new brackets" and assume their tax bill just went up. Usually it means the same income is taxed a bit less harshly.

Marginal rates don't apply to every dollar.

[Daniel Wilson @danwilson29]

Said this on my podcast Tuesday but will be coming out Monday: crypto always made more sense to me as a medium of exchange than as a long-term store of value.

[Brian Armstrong @brian_armstrong]

Stablecoins give everyone in the world the ability to hold dollars (and many other major fiat currencies), and send them instantly anywhere in the world for less than 1 cent.

[Daniel Wilson @danwilson29]

Less ego, more wealth.

Most money mistakes aren't about math. They're about needing to be right, look smart, or keep up.

Morgan Housel

[Morgan Housel @morganhousel]

Today was the worst market decline since the last one you don’t remember or care about anymore.

[Daniel Wilson @danwilson29]

@claudeai As a planner, I'd welcome clients coming in with a clearer picture of their money.

Less time piecing together accounts means more time talking about what they want their money to do for them.

[Daniel Wilson @danwilson29]

@JeremySzafron Diversification can feel unnecessary when one corner of the market keeps winning.

Days like this make its purpose easier to see. You don't need everything you own to have the same best day.

[Daniel Wilson @danwilson29]

@LizAnnSonders A 10% drop looks manageable when you're choosing investments. It feels very different when it's your money.

Being able to afford a loss and being able to sit through it are two different parts of risk tolerance.

[Daniel Wilson @danwilson29]

@AyeshaTariq A big headline number can hide a lot, like judging a household by one big paycheck while the grocery and mortgage bills tell a different story.

[Daniel Wilson @danwilson29]

@veroach Good reminder for retirement budgets: things like utilities and insurance rarely rise at the 'average' rate. I'd rather plan for a few bills to grow faster than the headline inflation number than get surprised later.

[Daniel Wilson @danwilson29]

@ArmaniTalks And index funds never text you at 2 a.m. about a leaky roof.

Real estate pays you in cash flow and phone calls.

Index funds pay you in patience.

Neither is free, you just pick which kind of effort suits you.

[Daniel Wilson @danwilson29]

@financebuzz Worth planning around, if this is the case I would run plans with a lower Social Security number and see if it still works.