Paul

Financial Advisor; Founder and CEO of @RuediWealth; Host of Paul Ruedi's "On the Money" Radio Show on NewsTalk 1400 WDWS

[Paul @PaulRuedi]

@iamnot_elon A

[Paul @PaulRuedi]

@jimmyjohns subs so slow you will lose weight. If you can't get scheduled deliveries right...geez. And store won't answer phones.

[Paul @PaulRuedi]

@jimmyjohns subs so fast you'll...never mind. That was the old days.

[Paul @PaulRuedi]

@Readwiseio is your site down

[Paul @PaulRuedi]

@ReadwiseReader why does your app keep saying I am not logged in when I am?

[Paul @PaulRuedi]

@readwise are you down today?

[Paul @PaulRuedi]

@morganhousel "Every American should have above average income, and my Administration is going to see they get it." (Bill Clinton on campaign trail)

[Paul @PaulRuedi]

Me: Yep, that’s my number one strategy for reliably destroying wealth alright.
Client: What’s your number two strategy for destroying wealth?
Me: I don’t know what the second one is, but I am thinking it is watching CNBC all day. I will get back to you with that.

[Paul @PaulRuedi]

Client: What do you mean by that?
Me: If we get out today, what will have to happen to give you the courage to get back in?
Client: When things look better, I guess.
Me: Where do you think stock prices will be when “things look better”?
Client: I guess higher…?
continued...

[Paul @PaulRuedi]

Me: I didn’t think so, It was back in 2003. Like all other emergencies, we either solved it or learned to live with it.
Client: Do you think we should move to something safer for a while?
Me: Well, you just described my number one strategy for destroying wealth. continued...

[Paul @PaulRuedi]

The Apocalypse de jour
Client: This virus thing (or fill in the blank thing) is getting out of hand. The markets down 15%.
Me: Yes. The last time we had a virus scare like this was SARS. Do you remember when that happened?
Client: I don’t have the foggiest idea. continued

[Paul @PaulRuedi]

But be careful, don't use this strategy for someone if you simply dislike them--this is a potent strategy. # perspective #satire

[Paul @PaulRuedi]

That's because "when things look better," prices will naturally be higher.
This idea is my #1 strategy to destroy wealth reliably. The person you hate only has to repeat this a few times in their life to end up with eternal financial sadness.

[Paul @PaulRuedi]

If you hate your Brother-In-Law enough, do this…
Tell them to watch CNBC all day. That way, he will surely panic and sell. Then, in a few days or weeks, when things look better, and if he continues to watch CNBC all day, they will buy back in—at much higher prices, of course.

[Paul @PaulRuedi]

@dennisdoddcbs Auburn

[Paul @PaulRuedi]

@Brett_McMurphy @AUGoldMine The committee failed again...

[Paul @PaulRuedi]

@CitywireUSA Until the first serious bear market...Anyone with an adult memory knows what I am referring to.

[Paul @PaulRuedi]

@EdIllini @bayareaillini @IlliniFootball He is the Master!

[Paul @PaulRuedi]

@WCInvestor @timothyjquillin @Rick_Ferri "Good" financial planning and asset management is worthless. Great planning, asset management and behavioral counseling is worth more than society will allow a great Advisor to charge. Would you send your child to a "good" surgeon or the best? Does best charge same as good?

[Paul @PaulRuedi]

@WCInvestor @Rick_Ferri @timothyjquillin The weakest marketing argument for a professional service ever created is "choose me...everyone else is too expensive." The best professionals never compete on price. Some charge less simply because they are worth less.